Celestica, Inc. (NYSE:CLS – Get Free Report) (TSE:CLS) CEO Robert Mionis sold 98,453 shares of the business’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $368.99, for a total value of $36,328,172.47. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Robert Mionis also recently made the following trade(s):
- On Wednesday, August 5th, Robert Mionis sold 51,061 shares of Celestica stock. The stock was sold at an average price of $368.41, for a total value of $18,811,383.01.
- On Friday, July 31st, Robert Mionis sold 9,543 shares of Celestica stock. The stock was sold at an average price of $367.49, for a total value of $3,506,957.07.
- On Monday, June 15th, Robert Mionis sold 66,056 shares of Celestica stock. The stock was sold at an average price of $400.06, for a total value of $26,426,363.36.
- On Tuesday, June 16th, Robert Mionis sold 55,768 shares of Celestica stock. The shares were sold at an average price of $386.96, for a total value of $21,579,985.28.
- 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 value of $7,000,849.92.
Celestica Stock Performance
NYSE:CLS opened at $314.89 on Friday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.68 and a current ratio of 1.23. Celestica, Inc. has a fifty-two week low of $173.23 and a fifty-two week high of $474.02. The firm has a market cap of $36.20 billion, a PE ratio of 32.73 and a beta of 2.06. The business has a 50 day moving average price of $359.62 and a 200-day moving average price of $334.56.
Key Headlines Impacting Celestica
Here are the key news stories impacting Celestica this week:
- Positive Sentiment: Celestica priced an offering of 9,677,419 common shares at $310 each, expecting approximately $3 billion in gross proceeds. Management plans to use the capital to expand capacity and fund investments supporting strong, multi-year demand for AI infrastructure, including data-center and networking products. Celestica Announces Pricing of Equity Offering
- Positive Sentiment: Recent coverage highlighted accelerating AI networking-switch revenue, significant gross-margin expansion and planned capital expenditures of roughly $1 billion. The investment could strengthen Celestica’s ability to serve hyperscaler customers and sustain elevated growth over multiple years. Celestica Just Unloaded Bad News – Buy It
- Positive Sentiment: Analyst commentary continued to identify Celestica as a high-quality growth stock, citing its growth profile, AI exposure and improving operating performance. Technical coverage also noted that the shares had recently moved above their 50-day moving average, a potential short-term bullish signal. Top-Ranked Growth Stocks for August
- Neutral Sentiment: The offering is intended to strengthen Celestica’s balance sheet and accelerate growth, but the additional shares create an estimated short-term dilution of approximately 8.4% to 10%. The longer-term benefit depends on whether the funded expansion generates sufficient returns. Celestica’s $3B Raise
- Negative Sentiment: Investors reacted negatively to the discounted share issuance because it increases the share count and could pressure per-share earnings. Analysts cited dilution and potential EPS headwinds, with some taking a more cautious view of the stock’s valuation. Celestica Shares Slide After Equity Offering
Wall Street Analysts Forecast Growth
Several brokerages have recently commented on CLS. Barclays lowered their price objective on shares of Celestica from $441.00 to $430.00 and set an “overweight” rating for the company in a research note on Wednesday, July 29th. UBS Group reissued a “neutral” rating and issued a $410.00 target price on shares of Celestica in a research note on Wednesday, July 29th. Stifel Nicolaus set a $500.00 price target on Celestica in a report on Tuesday, July 28th. Zacks Research raised Celestica from a “hold” rating to a “strong-buy” rating in a research report on Friday, June 26th. Finally, JPMorgan Chase & Co. increased their price objective on Celestica from $445.00 to $485.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, Celestica has a consensus rating of “Moderate Buy” and an average target price of $437.00.
Get Our Latest Stock Report on Celestica
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in CLS. Vanguard Group Inc. increased its position in shares of Celestica by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 4,811,695 shares of the technology company’s stock valued at $1,423,333,000 after buying an additional 73,022 shares during the period. JPMorgan Chase & Co. raised its stake in Celestica by 24.8% in the fourth quarter. JPMorgan Chase & Co. now owns 4,017,623 shares of the technology company’s stock worth $1,187,650,000 after buying an additional 798,782 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in Celestica by 5,806,149.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,657,937 shares of the technology company’s stock worth $1,081,323,000 after buying an additional 3,657,874 shares during the period. Franklin Resources Inc. lifted its holdings in Celestica by 18.6% in the fourth quarter. Franklin Resources Inc. now owns 2,278,214 shares of the technology company’s stock worth $673,471,000 after buying an additional 356,797 shares during the period. Finally, Cibc World Market Inc. boosted its position in Celestica by 30.6% during the 4th quarter. Cibc World Market Inc. now owns 2,265,680 shares of the technology company’s stock valued at $670,279,000 after acquiring an additional 530,535 shares in the last quarter. 67.38% of the stock is currently owned by institutional investors.
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.
Recommended Stories
- Five stocks we like better than Celestica
- Sandisk Just Delivered a Blowout Quarter—Here’s Why the Stock Is Falling
- 4 Oil and Gas ETF Plays as Prices Stay Sky-High
- What Tesla Stands to Lose If It Walks Away From China
- Disney Sets Up for a Magical Year in 2027
Receive News & Ratings for Celestica Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Celestica and related companies with MarketBeat.com's FREE daily email newsletter.
