Crossmark Global Holdings Inc. Has $336,000 Stock Holdings in Celsius Holdings, Inc. (NASDAQ:CELH)

Crossmark Global Holdings Inc. increased its position in shares of Celsius Holdings, Inc. (NASDAQ:CELH) by 8.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 10,723 shares of the company’s stock after buying an additional 834 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Celsius were worth $336,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in CELH. Covestor Ltd raised its position in shares of Celsius by 35.4% during the third quarter. Covestor Ltd now owns 5,978 shares of the company’s stock worth $187,000 after purchasing an additional 1,564 shares during the period. Bridges Investment Management Inc. lifted its stake in shares of Celsius by 15.0% in the third quarter. Bridges Investment Management Inc. now owns 16,783 shares of the company’s stock valued at $526,000 after buying an additional 2,186 shares in the last quarter. CWA Asset Management Group LLC bought a new position in shares of Celsius in the third quarter valued at $5,700,000. APEIRON CAPITAL Ltd raised its holdings in shares of Celsius by 48.0% in the 3rd quarter. APEIRON CAPITAL Ltd now owns 201,000 shares of the company’s stock worth $6,303,000 after acquiring an additional 65,200 shares during the last quarter. Finally, Falcon Wealth Planning lifted its position in Celsius by 54.3% in the 3rd quarter. Falcon Wealth Planning now owns 8,500 shares of the company’s stock valued at $267,000 after acquiring an additional 2,992 shares in the last quarter. Institutional investors own 60.95% of the company’s stock.

Insider Buying and Selling at Celsius

In other Celsius news, CEO John Fieldly sold 74,847 shares of the business’s stock in a transaction on Thursday, September 12th. The stock was sold at an average price of $32.80, for a total value of $2,454,981.60. Following the sale, the chief executive officer now directly owns 1,812,490 shares in the company, valued at $59,449,672. The trade was a 3.97 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 2.20% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on CELH. Truist Financial boosted their price objective on Celsius from $30.00 to $35.00 and gave the stock a “hold” rating in a report on Wednesday, October 16th. Jefferies Financial Group lowered their price target on Celsius from $53.00 to $48.00 and set a “buy” rating for the company in a research report on Thursday, October 10th. LADENBURG THALM/SH SH cut their price objective on shares of Celsius from $72.00 to $68.00 and set a “neutral” rating on the stock in a report on Monday, October 21st. UBS Group reduced their target price on shares of Celsius from $50.00 to $45.00 and set a “buy” rating for the company in a research note on Thursday, November 7th. Finally, Stifel Nicolaus dropped their price target on shares of Celsius from $51.00 to $45.00 and set a “buy” rating on the stock in a research report on Thursday, November 7th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $54.40.

Celsius Stock Down 4.7 %

Shares of CELH stock opened at $25.66 on Monday. The firm has a market cap of $6.03 billion, a P/E ratio of 35.64, a PEG ratio of 2.95 and a beta of 1.86. The company has a 50 day moving average of $31.41 and a 200-day moving average of $49.47. Celsius Holdings, Inc. has a 12-month low of $25.50 and a 12-month high of $99.62.

About Celsius

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.