Amica Mutual Insurance Co. Purchases 12,698 Shares of Celsius Holdings, Inc. (NASDAQ:CELH)

Amica Mutual Insurance Co. increased its position in Celsius Holdings, Inc. (NASDAQ:CELH) by 131.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 22,330 shares of the company’s stock after buying an additional 12,698 shares during the period. Amica Mutual Insurance Co.’s holdings in Celsius were worth $588,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of CELH. Korea Investment CORP grew its stake in Celsius by 100.3% during the fourth quarter. Korea Investment CORP now owns 227,624 shares of the company’s stock valued at $5,996,000 after acquiring an additional 114,003 shares in the last quarter. EntryPoint Capital LLC bought a new position in shares of Celsius during the 4th quarter valued at about $422,000. Vanguard Group Inc. grew its position in shares of Celsius by 2.2% during the fourth quarter. Vanguard Group Inc. now owns 15,813,110 shares of the company’s stock valued at $416,517,000 after purchasing an additional 345,837 shares in the last quarter. LPL Financial LLC increased its holdings in shares of Celsius by 10.4% in the fourth quarter. LPL Financial LLC now owns 318,061 shares of the company’s stock worth $8,378,000 after purchasing an additional 29,879 shares during the last quarter. Finally, Fox Run Management L.L.C. lifted its position in shares of Celsius by 45.0% in the fourth quarter. Fox Run Management L.L.C. now owns 10,399 shares of the company’s stock worth $274,000 after buying an additional 3,227 shares in the last quarter. Hedge funds and other institutional investors own 60.95% of the company’s stock.

Celsius Price Performance

Celsius stock opened at $34.90 on Thursday. The stock has a market cap of $8.21 billion, a price-to-earnings ratio of 79.32, a price-to-earnings-growth ratio of 2.90 and a beta of 1.90. The firm has a 50-day moving average of $26.58 and a two-hundred day moving average of $28.78. Celsius Holdings, Inc. has a 1 year low of $21.10 and a 1 year high of $98.85.

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

Analyst Upgrades and Downgrades

CELH has been the subject of a number of recent research reports. Stifel Nicolaus cut their target price on shares of Celsius from $45.00 to $37.00 and set a “buy” rating for the company in a report on Monday, February 10th. Jefferies Financial Group dropped their price objective on shares of Celsius from $44.00 to $40.00 and set a “buy” rating for the company in a research note on Thursday, December 19th. Roth Mkm restated a “buy” rating and set a $38.00 target price on shares of Celsius in a research report on Friday, February 21st. Morgan Stanley reaffirmed an “equal weight” rating and issued a $42.00 price target on shares of Celsius in a report on Thursday, December 26th. Finally, Needham & Company LLC boosted their price objective on Celsius from $38.00 to $40.00 and gave the stock a “buy” rating in a research note on Tuesday, February 25th. One research analyst has rated the stock with a sell rating, five have given a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat, Celsius currently has a consensus rating of “Moderate Buy” and a consensus price target of $45.00.

Insider Transactions at Celsius

In other news, insider Paul H. Storey sold 10,188 shares of the business’s stock in a transaction dated Thursday, March 6th. The shares were sold at an average price of $25.77, for a total value of $262,544.76. Following the completion of the sale, the insider now owns 45,297 shares in the company, valued at approximately $1,167,303.69. The trade was a 18.36 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Joyce Russell sold 4,000 shares of the stock in a transaction that occurred on Tuesday, March 11th. The shares were sold at an average price of $28.47, for a total transaction of $113,880.00. Following the transaction, the director now owns 19,106 shares in the company, valued at approximately $543,947.82. This represents a 17.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 2.20% of the company’s stock.

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.