Valmark Advisers Inc. Purchases New Stake in Celsius Holdings, Inc. (NASDAQ:CELH)

Valmark Advisers Inc. acquired a new position in shares of Celsius Holdings, Inc. (NASDAQ:CELH) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 11,650 shares of the company’s stock, valued at approximately $307,000.

Other large investors have also recently made changes to their positions in the company. Signaturefd LLC raised its holdings in shares of Celsius by 48.3% in the 3rd quarter. Signaturefd LLC now owns 1,160 shares of the company’s stock worth $36,000 after acquiring an additional 378 shares during the last quarter. Activest Wealth Management bought a new stake in Celsius during the 3rd quarter worth approximately $39,000. Blue Trust Inc. raised its stake in shares of Celsius by 69.0% in the third quarter. Blue Trust Inc. now owns 1,345 shares of the company’s stock worth $42,000 after purchasing an additional 549 shares during the last quarter. S.A. Mason LLC lifted its holdings in shares of Celsius by 100.0% in the fourth quarter. S.A. Mason LLC now owns 1,400 shares of the company’s stock valued at $37,000 after purchasing an additional 700 shares in the last quarter. Finally, GAMMA Investing LLC boosted its position in shares of Celsius by 185.7% during the fourth quarter. GAMMA Investing LLC now owns 1,714 shares of the company’s stock valued at $45,000 after buying an additional 1,114 shares during the last quarter. 60.95% of the stock is owned by institutional investors.

Insider Buying and Selling at Celsius

In other news, major shareholder William H. Milmoe sold 65,000 shares of the business’s stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $31.15, for a total value of $2,024,750.00. Following the sale, the insider now owns 261,245 shares of the company’s stock, valued at $8,137,781.75. The trade was a 19.92 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 2.20% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on CELH shares. Jefferies Financial Group dropped their price objective on Celsius from $44.00 to $40.00 and set a “buy” rating on the stock in a research note on Thursday, December 19th. Needham & Company LLC reissued a “buy” rating and set a $38.00 price target on shares of Celsius in a research report on Tuesday, January 28th. TD Cowen downgraded shares of Celsius from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $40.00 to $29.00 in a research report on Wednesday, January 22nd. UBS Group dropped their target price on shares of Celsius from $45.00 to $39.00 and set a “buy” rating on the stock in a research report on Thursday, January 16th. Finally, JPMorgan Chase & Co. started coverage on Celsius in a report on Thursday, December 12th. They issued an “overweight” rating and a $37.00 target price for the company. One research analyst has rated the stock with a sell rating, five have issued a hold rating and twelve have given a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $47.56.

Celsius Stock Performance

CELH stock opened at $22.74 on Wednesday. The stock has a fifty day moving average of $26.36 and a 200-day moving average of $30.64. Celsius Holdings, Inc. has a fifty-two week low of $21.10 and a fifty-two week high of $99.62. The company has a market capitalization of $5.34 billion, a price-to-earnings ratio of 31.58, a PEG ratio of 2.44 and a beta of 1.78.

Celsius Company Profile

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.