Celsius Holdings, Inc. (NASDAQ:CELH) Shares Sold by Dillon & Associates Inc.

Dillon & Associates Inc. decreased its holdings in Celsius Holdings, Inc. (NASDAQ:CELH) by 9.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 69,127 shares of the company’s stock after selling 7,480 shares during the quarter. Dillon & Associates Inc.’s holdings in Celsius were worth $1,797,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. HM Payson & Co. grew its position in shares of Celsius by 122.2% in the fourth quarter. HM Payson & Co. now owns 1,000 shares of the company’s stock valued at $26,000 after purchasing an additional 550 shares in the last quarter. S.A. Mason LLC grew its position in Celsius by 100.0% in the fourth quarter. S.A. Mason LLC now owns 1,400 shares of the company’s stock worth $37,000 after acquiring an additional 700 shares during the period. 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 worth $45,000 after buying an additional 1,114 shares during the period. Blue Trust Inc. boosted its position in shares of Celsius by 32.8% during the fourth quarter. Blue Trust Inc. now owns 1,786 shares of the company’s stock worth $47,000 after buying an additional 441 shares during the period. Finally, Knuff & Co LLC purchased a new position in shares of Celsius during the fourth quarter worth $50,000. Institutional investors and hedge funds own 60.95% of the company’s stock.

Insider Activity at Celsius

In other Celsius news, Director Joyce Russell sold 4,000 shares of the business’s stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $28.47, for a total value of $113,880.00. Following the completion of the transaction, the director now directly owns 19,106 shares of the company’s stock, valued at approximately $543,947.82. The trade was a 17.31 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Paul H. Storey sold 10,188 shares of the company’s stock in a transaction dated Thursday, March 6th. The stock was sold at an average price of $25.77, for a total value of $262,544.76. Following the transaction, the insider now directly owns 45,297 shares of the company’s stock, valued at $1,167,303.69. This represents a 18.36 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 2.20% of the company’s stock.

Celsius Stock Performance

Shares of NASDAQ CELH opened at $32.93 on Monday. The firm has a market cap of $7.74 billion, a price-to-earnings ratio of 74.84, a P/E/G ratio of 2.90 and a beta of 1.90. The business’s 50-day simple moving average is $26.11 and its 200-day simple moving average is $28.69. Celsius Holdings, Inc. has a 52 week low of $21.10 and a 52 week high of $98.85.

Celsius (NASDAQ:CELH) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.03. The company had revenue of $332.20 million during the quarter, compared to the consensus estimate of $326.07 million. Celsius had a return on equity of 51.89% and a net margin of 10.70%. As a group, equities research analysts forecast that Celsius Holdings, Inc. will post 0.89 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on CELH shares. Roth Mkm reiterated a “buy” rating and issued a $38.00 price objective on shares of Celsius in a research note on Friday, February 21st. Deutsche Bank Aktiengesellschaft began coverage on Celsius in a research report on Thursday, December 12th. They set a “hold” rating and a $32.00 target price on the stock. TD Cowen lowered Celsius from a “buy” rating to a “hold” rating and lowered their price target for the stock from $40.00 to $29.00 in a report on Wednesday, January 22nd. Needham & Company LLC lifted their price objective on Celsius from $38.00 to $40.00 and gave the company a “buy” rating in a report on Tuesday, February 25th. Finally, Piper Sandler reduced their price target on shares of Celsius from $47.00 to $33.00 and set an “overweight” rating for the company in a research report on Thursday, January 23rd. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $45.00.

Celsius 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.