Sovran Advisors LLC Sells 28,093 Shares of Celsius Holdings Inc. $CELH

Sovran Advisors LLC reduced its stake in shares of Celsius Holdings Inc. (NASDAQ:CELH) by 41.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,367 shares of the company’s stock after selling 28,093 shares during the quarter. Sovran Advisors LLC’s holdings in Celsius were worth $2,427,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of CELH. IFM Investors Pty Ltd purchased a new position in Celsius during the first quarter valued at $1,275,000. Royal Bank of Canada grew its position in shares of Celsius by 79.2% during the first quarter. Royal Bank of Canada now owns 257,666 shares of the company’s stock valued at $9,179,000 after purchasing an additional 113,840 shares in the last quarter. NewEdge Advisors LLC increased its holdings in shares of Celsius by 131.5% in the first quarter. NewEdge Advisors LLC now owns 23,166 shares of the company’s stock worth $825,000 after purchasing an additional 13,159 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Celsius by 14.2% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 433,241 shares of the company’s stock worth $15,432,000 after buying an additional 53,844 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in Celsius by 25.6% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 28,061 shares of the company’s stock valued at $1,307,000 after buying an additional 5,713 shares during the last quarter. Hedge funds and other institutional investors own 60.95% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on CELH shares. Roth Mkm reaffirmed a “buy” rating on shares of Celsius in a research note on Thursday, October 2nd. Needham & Company LLC restated a “buy” rating and issued a $70.00 price target on shares of Celsius in a research report on Wednesday, January 7th. KeyCorp initiated coverage on shares of Celsius in a research report on Tuesday, December 16th. They set a “sector weight” rating for the company. Piper Sandler reduced their target price on shares of Celsius from $69.00 to $61.00 and set an “overweight” rating on the stock in a report on Wednesday, December 17th. Finally, Bank of America decreased their target price on shares of Celsius from $50.00 to $45.00 and set an “underperform” rating on the stock in a research report on Friday, December 19th. Eighteen analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $65.61.

Insider Activity

In related news, Director Hal Kravitz bought 10,000 shares of the stock in a transaction dated Thursday, November 13th. The stock was purchased at an average cost of $45.24 per share, with a total value of $452,400.00. Following the completion of the purchase, the director owned 216,147 shares of the company’s stock, valued at $9,778,490.28. This trade represents a 4.85% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 2.20% of the company’s stock.

Celsius Stock Up 1.3%

Shares of NASDAQ CELH opened at $55.94 on Monday. Celsius Holdings Inc. has a 1 year low of $21.10 and a 1 year high of $66.74. The firm has a 50-day simple moving average of $45.94 and a two-hundred day simple moving average of $51.65. The company has a market cap of $14.42 billion, a P/E ratio of 559.40, a PEG ratio of 0.92 and a beta of 0.89. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.89 and a quick ratio of 1.61.

Celsius (NASDAQ:CELH) last issued its quarterly earnings results on Thursday, November 6th. The company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.14. Celsius had a return on equity of 41.88% and a net margin of 3.03%.The firm had revenue of $725.11 million for the quarter, compared to the consensus estimate of $703.68 million. Celsius’s revenue was up 172.9% on a year-over-year basis. Research analysts anticipate that Celsius Holdings Inc. will post 0.89 earnings per share for the current 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.