10,200 Shares in Celsius Holdings, Inc. (NASDAQ:CELH) Bought by RPG Investment Advisory LLC

RPG Investment Advisory LLC acquired a new position in shares of Celsius Holdings, Inc. (NASDAQ:CELH) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 10,200 shares of the company’s stock, valued at approximately $269,000.

Several other institutional investors and hedge funds have also modified their holdings of CELH. Creative Planning lifted its position in shares of Celsius by 41.7% during the 3rd quarter. Creative Planning now owns 30,460 shares of the company’s stock worth $955,000 after buying an additional 8,966 shares during the last quarter. Blue Trust Inc. raised its position in Celsius by 69.0% in the third quarter. Blue Trust Inc. now owns 1,345 shares of the company’s stock valued at $42,000 after purchasing an additional 549 shares during the last quarter. Raymond James & Associates raised its position in Celsius by 9.4% in the third quarter. Raymond James & Associates now owns 217,809 shares of the company’s stock valued at $6,830,000 after purchasing an additional 18,686 shares during the last quarter. Signaturefd LLC raised its position in Celsius by 48.3% in the third quarter. Signaturefd LLC now owns 1,160 shares of the company’s stock valued at $36,000 after purchasing an additional 378 shares during the last quarter. Finally, International Assets Investment Management LLC bought a new position in Celsius in the third quarter valued at about $1,027,000. 60.95% of the stock is currently owned by institutional investors.

Celsius Price Performance

NASDAQ CELH opened at $32.62 on Monday. The business has a 50 day simple moving average of $26.02 and a 200 day simple moving average of $30.24. Celsius Holdings, Inc. has a one year low of $21.10 and a one year high of $99.62. The stock has a market capitalization of $7.67 billion, a P/E ratio of 74.14, a P/E/G ratio of 2.90 and a beta of 1.78.

Celsius (NASDAQ:CELH) last released its earnings results on Thursday, February 20th. The company reported $0.14 EPS for the quarter, topping the consensus estimate of $0.11 by $0.03. Celsius had a return on equity of 51.89% and a net margin of 10.70%. The business had revenue of $332.20 million during the quarter, compared to analysts’ expectations of $326.07 million. Equities analysts expect that Celsius Holdings, Inc. will post 0.89 earnings per share for the current year.

Insider Buying and Selling

In other Celsius news, major shareholder William H. Milmoe sold 65,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $31.15, for a total value of $2,024,750.00. Following the completion of the sale, the insider now owns 261,245 shares of the company’s stock, valued at approximately $8,137,781.75. This trade represents a 19.92 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 2.20% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

CELH has been the subject of several research reports. Roth Mkm reiterated a “buy” rating and issued a $38.00 target price on shares of Celsius in a research report on Friday. B. Riley reiterated a “buy” rating and issued a $49.00 target price (up from $44.00) on shares of Celsius in a research report on Friday. Stifel Nicolaus dropped their target price on Celsius from $45.00 to $37.00 and set a “buy” rating for the company in a research report on Monday, February 10th. Needham & Company LLC restated a “buy” rating and set a $38.00 price objective on shares of Celsius in a research report on Tuesday, January 28th. Finally, JPMorgan Chase & Co. initiated coverage on Celsius in a research report on Thursday, December 12th. They set an “overweight” rating and a $37.00 price objective for the company. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and twelve have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $47.67.

Celsius Company Profile

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.