Celsius Holdings, Inc. (NASDAQ:CELH) Stock Holdings Increased by Fiduciary Alliance LLC

Fiduciary Alliance LLC grew its position in shares of Celsius Holdings, Inc. (NASDAQ:CELH) by 17.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 11,384 shares of the company’s stock after purchasing an additional 1,711 shares during the quarter. Fiduciary Alliance LLC’s holdings in Celsius were worth $357,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of CELH. FinTrust Capital Advisors LLC acquired a new position in shares of Celsius in the 1st quarter worth $25,000. EverSource Wealth Advisors LLC raised its position in shares of Celsius by 3,116.7% during the first quarter. EverSource Wealth Advisors LLC now owns 386 shares of the company’s stock worth $32,000 after purchasing an additional 374 shares during the period. Rise Advisors LLC raised its position in shares of Celsius by 1,370.0% during the first quarter. Rise Advisors LLC now owns 441 shares of the company’s stock worth $37,000 after purchasing an additional 411 shares during the period. Beacon Capital Management LLC acquired a new stake in shares of Celsius during the first quarter worth $40,000. Finally, S.A. Mason LLC acquired a new stake in shares of Celsius during the second quarter worth $30,000. 60.95% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Celsius

In other news, CEO John Fieldly sold 74,847 shares of the company’s stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $32.80, for a total transaction of $2,454,981.60. Following the completion of the sale, the chief executive officer now owns 1,812,490 shares in the company, valued at approximately $59,449,672. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 2.20% of the stock is currently owned by corporate insiders.

Celsius Price Performance

Shares of NASDAQ CELH opened at $34.82 on Tuesday. The company has a market capitalization of $8.12 billion, a P/E ratio of 38.26, a price-to-earnings-growth ratio of 2.29 and a beta of 1.84. The business’s 50-day moving average price is $35.21 and its two-hundred day moving average price is $57.04. Celsius Holdings, Inc. has a one year low of $28.20 and a one year high of $99.62.

Celsius (NASDAQ:CELH) last released its quarterly earnings results on Tuesday, August 6th. The company reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.05. The company had revenue of $402.00 million during the quarter, compared to the consensus estimate of $391.07 million. Celsius had a return on equity of 94.75% and a net margin of 19.58%. The firm’s revenue was up 23.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.17 EPS. On average, equities analysts anticipate that Celsius Holdings, Inc. will post 0.82 EPS for the current year.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on CELH. TD Cowen cut their target price on Celsius from $68.00 to $50.00 and set a “buy” rating on the stock in a research report on Wednesday, August 7th. Jefferies Financial Group cut their target price on Celsius from $53.00 to $48.00 and set a “buy” rating on the stock in a research report on Thursday, October 10th. Roth Mkm dropped their price target on Celsius from $45.00 to $43.00 and set a “buy” rating on the stock in a research report on Friday, September 27th. Stifel Nicolaus dropped their price target on Celsius from $61.00 to $51.00 and set a “buy” rating on the stock in a research report on Thursday, September 5th. Finally, B. Riley dropped their price target on Celsius from $80.00 to $73.00 and set a “buy” rating on the stock in a research report on Wednesday, August 7th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and twelve have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $56.93.

About Celsius

Celsius Holdings, Inc develops, processes, markets, distributes, and sells functional energy drinks and liquid supplements in the United States, Australia, New Zealand, Canadian, European, Middle Eastern, Asia-Pacific, and internationally. The company offers CELSIUS, a fitness drink or supplement designed to accelerate metabolism and burn body fat; various flavors and carbonated and non-carbonated functional energy drinks under the CELSIUS Originals and Vibe name, as well as functional energy drink under the CELSIUS Essentials and CELSIUS On-the-Go Powder names; and CELSIUS ready-to drink products.