Celsius Holdings Inc. $CELH Shares Newly Purchased by Calamos Advisors LLC

Calamos Advisors LLC acquired a new position in shares of Celsius Holdings Inc. (NASDAQ:CELH) in the 3rd quarter, Holdings Channel reports. The fund acquired 607,804 shares of the company’s stock, valued at approximately $16,623,000.

Several other institutional investors also recently modified their holdings of the stock. Kestra Advisory Services LLC grew its stake in Celsius by 83.1% in the 3rd quarter. Kestra Advisory Services LLC now owns 128,020 shares of the company’s stock worth $3,501,000 after buying an additional 58,088 shares in the last quarter. Chicago Partners Investment Group LLC bought a new position in shares of Celsius in the 3rd quarter worth $308,000. Oregon Public Employees Retirement Fund increased its holdings in shares of Celsius by 15.3% in the 3rd quarter. Oregon Public Employees Retirement Fund now owns 37,782 shares of the company’s stock worth $1,033,000 after buying an additional 5,000 shares during the last quarter. Signature Equity Partners LLC raised its position in shares of Celsius by 6,543.0% during the 3rd quarter. Signature Equity Partners LLC now owns 6,643 shares of the company’s stock valued at $182,000 after buying an additional 6,543 shares in the last quarter. Finally, Vise Technologies Inc. purchased a new stake in shares of Celsius during the 3rd quarter valued at $204,000. 60.95% of the stock is currently owned by institutional investors.

Celsius Stock Up 7.1%

Shares of CELH opened at $32.16 on Friday. Celsius Holdings Inc. has a 1 year low of $23.56 and a 1 year high of $59.31. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.97 and a quick ratio of 1.42. The stock has a 50 day simple moving average of $28.75 and a two-hundred day simple moving average of $34.13. The firm has a market cap of $8.14 billion, a P/E ratio of 35.73, a P/E/G ratio of 2.35 and a beta of 1.00.

Celsius (NASDAQ:CELH) last posted its quarterly earnings results on Thursday, November 5th. The company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.34 by $0.07. The firm had revenue of $847.23 million for the quarter, compared to the consensus estimate of $800.63 million. Celsius had a net margin of 10.01% and a return on equity of 37.00%. The business’s revenue was up 16.8% compared to the same quarter last year. During the same period last year, the firm posted ($0.27) earnings per share. On average, analysts forecast that Celsius Holdings Inc. will post 1.42 earnings per share for the current fiscal year.

Celsius News Summary

Here are the key news stories impacting Celsius this week:

• Positive Sentiment: Third-quarter earnings were $0.41 per share versus $0.34 expected, and revenue of $847.2 million topped the $800.6 million consensus estimate, rising 16.8% year over year. Alani Nu and international sales helped drive growth. CELH Q3 Earnings Top Estimates as Alani Nu Drives Revenue Growth
• Positive Sentiment: The company is targeting longer-term growth through a new three-brand operating structure and expects non-U.S. revenue to exceed 15% of total revenue within five years. Celsius outlines international revenue goal and new brand-led units
• Neutral Sentiment: Analyst target changes were mixed: Needham raised its target to $40, while B. Riley and Stifel lowered theirs to $53 and $36, respectively, even as B. Riley reaffirmed its Buy rating. Stifel lowers Celsius price target
• Negative Sentiment: Flagship CELSIUS brand weakness, commodity inflation and margin pressure temper the strong sales report and could complicate the company’s recovery plans. CELH Q3 Earnings Call Highlights Alani Nu Growth and Margin Pressure

Wall Street Analysts Forecast Growth

CELH has been the subject of a number of research analyst reports. Morgan Stanley set a $42.00 price objective on shares of Celsius and gave the stock an “overweight” rating in a report on Friday, August 7th. Deutsche Bank Aktiengesellschaft cut Celsius from a “buy” rating to a “hold” rating and set a $35.00 target price on the stock. in a research note on Thursday, August 27th. Weiss Ratings downgraded Celsius from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, August 11th. UBS Group set a $38.00 price target on Celsius in a research report on Thursday, October 15th. Finally, JPMorgan Chase & Co. dropped their price target on Celsius from $52.00 to $48.00 and set an “overweight” rating for the company in a research note on Monday, October 26th. Fourteen equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $42.39.

Insider Activity

In other Celsius news, Director Hal Kravitz acquired 12,000 shares of the business’s stock in a transaction dated Tuesday, September 15th. The stock was bought at an average price of $28.00 per share, with a total value of $336,000.00. Following the purchase, the director owned 239,158 shares of the company’s stock, valued at approximately $6,696,424. This trade represents a 5.28% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO John Fieldly bought 18,000 shares of Celsius stock in a transaction that occurred on Thursday, September 10th. The shares were acquired at an average cost of $27.44 per share, for a total transaction of $493,920.00. Following the acquisition, the chief executive officer owned 956,063 shares in the company, valued at $26,234,368.72. The trade was a 1.92% increase in their position. The SEC filing for this purchase provides additional information. In the last 90 days, insiders acquired 66,000 shares of company stock valued at $1,830,120. Corporate insiders own 2.33% of the company’s stock.

Celsius Profile

Celsius Holdings, Inc (NASDAQ: CELH) develops, markets and distributes functional beverages designed to support active lifestyles. Its flagship CELSIUS brand offers carbonated and non-carbonated energy drinks, including products positioned around energy, fitness and wellness. The company also markets CELSIUS Essentials, CELSIUS Vibe and powdered drink mixes, with product formulations that commonly feature ingredients such as caffeine, vitamins and other functional components.

Founded in 2004, Celsius has expanded from a niche fitness beverage business into a broader energy-drink platform.