GatePass Capital LLC Cuts Position in Celsius Holdings Inc. $CELH

GatePass Capital LLC trimmed its holdings in shares of Celsius Holdings Inc. (NASDAQ:CELH) by 57.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,006 shares of the company’s stock after selling 19,999 shares during the period. GatePass Capital LLC’s holdings in Celsius were worth $532,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of CELH. EverSource Wealth Advisors LLC raised its stake in shares of Celsius by 16.1% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,501 shares of the company’s stock valued at $69,000 after acquiring an additional 208 shares during the period. Whittier Trust Co. of Nevada Inc. boosted its position in Celsius by 27.8% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 1,091 shares of the company’s stock worth $53,000 after purchasing an additional 237 shares during the period. Quadrant Capital Group LLC boosted its position in Celsius by 1.3% during the 3rd quarter. Quadrant Capital Group LLC now owns 18,459 shares of the company’s stock worth $1,061,000 after purchasing an additional 238 shares during the period. Signaturefd LLC increased its holdings in Celsius by 6.2% in the 4th quarter. Signaturefd LLC now owns 4,170 shares of the company’s stock valued at $191,000 after purchasing an additional 245 shares in the last quarter. Finally, UMB Bank n.a. increased its holdings in Celsius by 14.2% in the 4th quarter. UMB Bank n.a. now owns 2,049 shares of the company’s stock valued at $94,000 after purchasing an additional 254 shares in the last quarter. 60.95% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Celsius

In related news, Director Hal Kravitz purchased 8,400 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The shares were purchased at an average cost of $29.73 per share, with a total value of $249,732.00. Following the completion of the acquisition, the director directly owned 227,158 shares of the company’s stock, valued at approximately $6,753,407.34. The trade was a 3.84% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO John Fieldly acquired 8,475 shares of Celsius stock in a transaction on Friday, May 22nd. The shares were bought at an average price of $29.36 per share, for a total transaction of $248,826.00. Following the completion of the purchase, the chief executive officer directly owned 937,540 shares in the company, valued at $27,526,174.40. The trade was a 0.91% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 2.33% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on CELH. Rothschild & Co Redburn assumed coverage on Celsius in a research note on Wednesday, May 6th. They set a “neutral” rating and a $47.00 price objective on the stock. Citigroup reiterated a “buy” rating and set a $50.00 target price (down from $60.00) on shares of Celsius in a report on Tuesday. JPMorgan Chase & Co. reduced their price target on Celsius from $77.00 to $67.00 and set an “overweight” rating on the stock in a research report on Monday, May 4th. Stifel Nicolaus set a $45.00 price target on Celsius and gave the stock a “buy” rating in a report on Thursday. Finally, Weiss Ratings downgraded shares of Celsius from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, June 11th. Twenty-one analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $58.65.

Celsius Stock Down 3.3%

Shares of Celsius stock opened at $28.99 on Friday. Celsius Holdings Inc. has a 1-year low of $27.47 and a 1-year high of $66.74. The company has a market capitalization of $7.41 billion, a PE ratio of 67.42, a P/E/G ratio of 1.20 and a beta of 0.94. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.77 and a quick ratio of 1.43. The business has a 50-day moving average of $29.98 and a 200-day moving average of $38.89.

Celsius (NASDAQ:CELH) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.29 by $0.12. Celsius had a return on equity of 37.95% and a net margin of 5.85%.The firm had revenue of $782.62 million during the quarter, compared to analyst estimates of $763.08 million. During the same quarter last year, the firm earned $0.18 EPS. Celsius’s quarterly revenue was up 137.7% on a year-over-year basis. As a group, equities analysts forecast that Celsius Holdings Inc. will post 1.59 EPS for the current fiscal year.

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.