Celestica (NYSE:CLS) CEO Robert Mionis Sells 18,176 Shares

Celestica, Inc. (NYSE:CLS) (TSE:CLS) CEO Robert Mionis sold 18,176 shares of the firm’s stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $385.17, for a total value of $7,000,849.92. Following the completion of the transaction, the chief executive officer owned 60,384 shares of the company’s stock, valued at approximately $23,258,105.28. The trade was a 23.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Robert Mionis also recently made the following trade(s):

• On Monday, June 15th, Robert Mionis sold 66,056 shares of Celestica stock. The shares were sold at an average price of $400.06, for a total value of $26,426,363.36.
• On Tuesday, June 16th, Robert Mionis sold 55,768 shares of Celestica stock. The stock was sold at an average price of $386.96, for a total transaction of $21,579,985.28.

Celestica Price Performance

NYSE CLS traded down $1.70 on Wednesday, hitting $380.31. The company had a trading volume of 1,189,950 shares, compared to its average volume of 2,133,640. The company has a market capitalization of $43.72 billion, a PE ratio of 45.99, a PEG ratio of 0.89 and a beta of 2.02. The company’s fifty day moving average price is $380.87 and its 200-day moving average price is $325.89. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.26 and a quick ratio of 0.73. Celestica, Inc. has a 12-month low of $130.68 and a 12-month high of $474.02.

Celestica (NYSE:CLS) (TSE:CLS) last issued its quarterly earnings results on Monday, April 27th. The technology company reported $2.16 EPS for the quarter, topping the consensus estimate of $2.08 by $0.08. The company had revenue of $3.96 billion during the quarter, compared to analyst estimates of $3.97 billion. Celestica had a net margin of 6.95% and a return on equity of 36.91%. The firm’s revenue was up 52.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.20 EPS. Celestica has set its FY 2026 guidance at 10.150-10.150 EPS and its Q2 2026 guidance at 2.140-2.340 EPS. As a group, analysts predict that Celestica, Inc. will post 9.5 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts have recently issued reports on CLS shares. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating and issued a $480.00 price target on shares of Celestica in a research note on Wednesday, April 29th. Susquehanna lifted their price target on Celestica from $460.00 to $510.00 and gave the stock a “positive” rating in a research note on Wednesday, April 29th. TD Securities raised Celestica from a “hold” rating to a “buy” rating and set a $430.00 price target on the stock in a research note on Wednesday, April 29th. Wolfe Research raised Celestica to a “strong-buy” rating in a research note on Tuesday, February 17th. Finally, Barclays lifted their price target on Celestica from $391.00 to $441.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $427.42.

Hedge Funds Weigh In On Celestica

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Spark Investment Management LLC lifted its stake in shares of Celestica by 17.4% in the 3rd quarter. Spark Investment Management LLC now owns 27,000 shares of the technology company’s stock valued at $6,643,000 after purchasing an additional 4,000 shares during the last quarter. Spire Wealth Management lifted its stake in shares of Celestica by 354.3% in the 4th quarter. Spire Wealth Management now owns 5,979 shares of the technology company’s stock valued at $1,767,000 after purchasing an additional 4,663 shares during the last quarter. William Blair Investment Management LLC purchased a new stake in shares of Celestica in the 3rd quarter valued at $28,924,000. CIBC Asset Management Inc raised its holdings in shares of Celestica by 7.7% in the 4th quarter. CIBC Asset Management Inc now owns 436,922 shares of the technology company’s stock valued at $129,499,000 after buying an additional 31,086 shares during the period. Finally, Norges Bank purchased a new stake in shares of Celestica in the 4th quarter valued at $456,511,000. Institutional investors and hedge funds own 67.38% of the company’s stock.

Celestica Company Profile

Celestica Inc is a multinational electronics manufacturing services (EMS) company that provides design, engineering, manufacturing and supply chain solutions to original equipment manufacturers across a range of industries. Headquartered in Toronto, Ontario, Canada, Celestica works with customers to develop and produce complex electronic and electro-mechanical products, integrating activities from product design and prototyping through high-volume assembly, testing and final system integration.

The company’s service offering typically includes product engineering and design support, printed circuit board assembly, box-build and systems assembly, automated test and inspection, aftermarket repair and refurbishment, and end-to-end supply chain and logistics management.