First Trust Advisors LP Lowers Stock Holdings in Celsius Holdings Inc. $CELH

First Trust Advisors LP lessened its stake in Celsius Holdings Inc. (NASDAQ:CELH) by 22.1% during the 1st quarter, HoldingsChannel.com reports. The fund owned 226,373 shares of the company’s stock after selling 64,289 shares during the period. First Trust Advisors LP’s holdings in Celsius were worth $8,032,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CELH. Vanguard Group Inc. lifted its position in Celsius by 4.6% during the 4th quarter. Vanguard Group Inc. now owns 18,074,995 shares of the company’s stock worth $826,750,000 after acquiring an additional 802,743 shares during the period. Geode Capital Management LLC increased its holdings in shares of Celsius by 8.4% in the fourth quarter. Geode Capital Management LLC now owns 3,565,409 shares of the company’s stock valued at $163,112,000 after purchasing an additional 277,424 shares during the period. Norges Bank acquired a new position in shares of Celsius in the fourth quarter valued at approximately $140,803,000. Massachusetts Financial Services Co. MA purchased a new stake in shares of Celsius during the fourth quarter worth approximately $115,321,000. Finally, Ameriprise Financial Inc. raised its stake in shares of Celsius by 20.9% during the second quarter. Ameriprise Financial Inc. now owns 2,470,088 shares of the company’s stock worth $114,587,000 after purchasing an additional 426,623 shares during the last quarter. 60.95% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Celsius

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

Celsius Stock Down 0.5%

Celsius stock opened at $29.21 on Friday. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.77 and a quick ratio of 1.43. Celsius Holdings Inc. has a 1-year low of $26.54 and a 1-year high of $66.74. The company has a market cap of $7.47 billion, a PE ratio of 67.93, a price-to-earnings-growth ratio of 1.17 and a beta of 0.94. The stock’s 50 day moving average price is $29.82 and its 200 day moving average price is $37.50.

Celsius (NASDAQ:CELH) last announced its quarterly earnings data 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 for the quarter, compared to analyst estimates of $763.08 million. Celsius had a return on equity of 37.95% and a net margin of 5.85%.Celsius’s quarterly revenue was up 137.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.18 earnings per share. On average, sell-side analysts predict that Celsius Holdings Inc. will post 1.59 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

CELH has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $44.00 price target on shares of Celsius in a report on Friday, May 8th. UBS Group dropped their price objective on shares of Celsius from $55.00 to $50.00 and set a “buy” rating on the stock in a research note on Tuesday, June 30th. Jefferies Financial Group restated a “buy” rating on shares of Celsius in a research note on Tuesday, May 19th. Stifel Nicolaus set a $45.00 target price on shares of Celsius and gave the company a “buy” rating in a report on Thursday, July 16th. Finally, Weiss Ratings lowered shares of Celsius from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, June 11th. Twenty-one investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $58.65.

About Celsius

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.