Findell Capital Management LLC Purchases New Stake in Celsius Holdings Inc. $CELH

Findell Capital Management LLC purchased a new stake in shares of Celsius Holdings Inc. (NASDAQ:CELH) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 210,000 shares of the company’s stock, valued at approximately $9,605,000. Celsius makes up 2.8% of Findell Capital Management LLC’s investment portfolio, making the stock its 9th largest holding.

Several other institutional investors also recently added to or reduced their stakes in CELH. Norges Bank bought a new position in Celsius during the fourth quarter valued at about $140,803,000. Massachusetts Financial Services Co. MA bought a new position in Celsius during the fourth quarter valued at about $115,321,000. Westfield Capital Management Co. LP bought a new position in Celsius during the fourth quarter valued at about $70,632,000. BNP Paribas Financial Markets grew its position in Celsius by 389.1% during the third quarter. BNP Paribas Financial Markets now owns 1,713,170 shares of the company’s stock valued at $98,490,000 after buying an additional 1,362,867 shares during the period. Finally, Scopus Asset Management L.P. bought a new position in Celsius during the second quarter valued at about $59,382,000. Institutional investors own 60.95% of the company’s stock.

Celsius Price Performance

Shares of NASDAQ:CELH opened at $30.38 on Thursday. The company has a quick ratio of 1.43, a current ratio of 1.77 and a debt-to-equity ratio of 0.53. The firm has a market capitalization of $7.77 billion, a PE ratio of 70.65, a P/E/G ratio of 1.14 and a beta of 0.93. Celsius Holdings Inc. has a twelve month low of $27.47 and a twelve month high of $66.74. The company has a 50-day moving average price of $31.58 and a two-hundred day moving average price of $40.84.

Celsius (NASDAQ:CELH) last issued its earnings results on Thursday, May 7th. The company reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.12. The firm had revenue of $782.62 million during the quarter, compared to analyst estimates of $763.08 million. Celsius had a net margin of 5.85% and a return on equity of 37.95%. The company’s quarterly revenue was up 137.7% on a year-over-year basis. During the same quarter last year, the business earned $0.18 earnings per share. Equities analysts forecast that Celsius Holdings Inc. will post 1.59 EPS for the current year.

Insider Transactions at Celsius

In other news, Director Hal Kravitz acquired 8,400 shares of the business’s stock in a transaction dated Friday, May 22nd. The stock was bought at an average cost of $29.73 per share, for a total transaction of $249,732.00. Following the completion of the transaction, the director owned 227,158 shares of the company’s stock, valued at $6,753,407.34. The trade was a 3.84% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CEO John Fieldly acquired 8,475 shares of the business’s stock in a transaction dated Friday, May 22nd. The stock was purchased at an average price of $29.36 per share, with a total value of $248,826.00. Following the completion of the transaction, the chief executive officer directly owned 937,540 shares of the company’s stock, valued at $27,526,174.40. This trade represents a 0.91% increase in their position. The SEC filing for this purchase provides additional information. 2.33% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research firms recently weighed in on CELH. Sanford C. Bernstein restated an “outperform” rating and set a $44.00 price target on shares of Celsius in a research report on Wednesday. TD Cowen cut their target price on shares of Celsius from $66.00 to $55.00 and set a “buy” rating for the company in a research report on Monday, April 20th. Bank of America upgraded shares of Celsius from an “underperform” rating to a “buy” rating and set a $65.00 target price for the company in a research report on Friday, February 27th. Jefferies Financial Group reiterated a “buy” rating on shares of Celsius in a research report on Tuesday, May 19th. Finally, Citigroup cut their target price on shares of Celsius from $65.00 to $60.00 and set a “buy” rating for the company in a research report on Wednesday, April 15th. Twenty-one analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $63.50.

Celsius Company Profile

Celsius Holdings, Inc is an American beverage company known for its line of fitness and energy drinks formulated to support active lifestyles. The company’s flagship product, the Celsius® brand, features beverages enhanced with ingredients such as green tea extract, guarana seed extract and essential vitamins, positioned as a functional alternative to traditional energy drinks. These products are designed to deliver a blend of ingredients that support metabolism and sustained energy without high sugar content or artificial preservatives.

In addition to its core carbonated drink portfolio, Celsius has expanded its offerings to include powder mixes and non-carbonated ready-to-drink variants, catering to consumer preferences around taste, convenience and nutritional needs.