Celestica (NYSE:CLS) CEO Sells $21,579,985.28 in Stock

Celestica, Inc. (NYSE:CLS) (TSE:CLS) CEO Robert Mionis sold 55,768 shares of the firm’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $386.96, for a total transaction of $21,579,985.28. Following the sale, the chief executive officer owned 78,560 shares in the company, valued at approximately $30,399,577.60. This represents a 41.52% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

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 transaction of $26,426,363.36.
• On Wednesday, June 17th, Robert Mionis sold 18,176 shares of Celestica stock. The shares were sold at an average price of $385.17, for a total transaction of $7,000,849.92.

Celestica Stock Performance

CLS stock traded down $1.70 during midday trading on Wednesday, hitting $380.31. 1,189,950 shares of the stock traded hands, compared to its average volume of 2,133,640. The firm has a market cap of $43.72 billion, a P/E ratio of 45.99, a PEG ratio of 0.89 and a beta of 2.02. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.26 and a quick ratio of 0.73. The stock’s fifty day simple moving average is $380.87 and its 200-day simple moving average is $325.89. Celestica, Inc. has a 1-year low of $130.68 and a 1-year high of $474.02.

Celestica (NYSE:CLS) (TSE:CLS) last released its quarterly earnings results on Monday, April 27th. The technology company reported $2.16 EPS for the quarter, beating the consensus estimate of $2.08 by $0.08. The company had revenue of $3.96 billion for 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% on a year-over-year basis. During the same quarter last year, the business earned $1.20 earnings per share. Celestica has set its FY 2026 guidance at 10.150-10.150 EPS and its Q2 2026 guidance at 2.140-2.340 EPS. On average, analysts expect that Celestica, Inc. will post 9.5 earnings per share for the current year.

Wall Street Analyst Weigh In

CLS has been the topic of several research analyst reports. TD lifted their target price on shares of Celestica from $330.00 to $350.00 and gave the company a “hold” rating in a research report on Monday, April 20th. Zacks Research lowered shares of Celestica from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Bank of America lifted their target price on shares of Celestica from $400.00 to $430.00 and gave the company a “buy” rating in a research report on Monday, April 20th. Susquehanna boosted their price target on shares of Celestica from $460.00 to $510.00 and gave the stock a “positive” rating in a research report on Wednesday, April 29th. Finally, Rothschild & Co Redburn began coverage on shares of Celestica in a research report on Friday, May 1st. They set a “buy” rating and a $460.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $427.42.

Institutional Trading of Celestica

Hedge funds have recently made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of Celestica in the 4th quarter valued at about $28,000. Ascentis Independent Advisors purchased a new position in shares of Celestica in the 1st quarter valued at about $29,000. Swiss RE Ltd. purchased a new position in shares of Celestica in the 4th quarter valued at about $29,000. Cullen Frost Bankers Inc. purchased a new position in shares of Celestica in the 4th quarter valued at about $30,000. Finally, Sittner & Nelson LLC purchased a new position in shares of Celestica in the 4th quarter valued at about $31,000. Institutional investors and hedge funds own 67.38% of the company’s stock.

About Celestica

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.