Celsius Holdings, Inc. (NASDAQ:CELH) Shares Bought by Falcon Wealth Planning

Falcon Wealth Planning raised its holdings in shares of Celsius Holdings, Inc. (NASDAQ:CELH) by 12.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 9,522 shares of the company’s stock after buying an additional 1,022 shares during the quarter. Falcon Wealth Planning’s holdings in Celsius were worth $251,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in CELH. SG Americas Securities LLC lifted its position in Celsius by 10,320.0% during the fourth quarter. SG Americas Securities LLC now owns 1,932,813 shares of the company’s stock valued at $50,910,000 after purchasing an additional 1,914,264 shares during the period. Worldquant Millennium Advisors LLC boosted its stake in shares of Celsius by 993.0% in the third quarter. Worldquant Millennium Advisors LLC now owns 1,180,904 shares of the company’s stock worth $37,033,000 after buying an additional 1,072,859 shares during the last quarter. MIG Capital LLC acquired a new stake in Celsius during the third quarter worth about $30,358,000. Charles Schwab Investment Management Inc. grew its holdings in Celsius by 19.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,381,279 shares of the company’s stock worth $43,317,000 after acquiring an additional 221,833 shares during the period. Finally, CWA Asset Management Group LLC acquired a new position in Celsius in the third quarter valued at approximately $5,700,000. 60.95% of the stock is owned by hedge funds and other institutional investors.

Celsius Trading Down 2.0 %

Shares of NASDAQ CELH opened at $24.88 on Wednesday. The company has a 50-day moving average of $27.96 and a 200 day moving average of $33.14. Celsius Holdings, Inc. has a 12-month low of $24.55 and a 12-month high of $99.62. The stock has a market cap of $5.85 billion, a PE ratio of 34.56, a P/E/G ratio of 2.79 and a beta of 1.79.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on CELH. LADENBURG THALM/SH SH dropped their price objective on shares of Celsius from $72.00 to $68.00 and set a “neutral” rating on the stock in a research note on Monday, October 21st. JPMorgan Chase & Co. began coverage on shares of Celsius in a research report on Thursday, December 12th. They set an “overweight” rating and a $37.00 price target on the stock. Truist Financial upped their price objective on shares of Celsius from $30.00 to $35.00 and gave the stock a “hold” rating in a research report on Wednesday, October 16th. Stifel Nicolaus cut their price target on Celsius from $51.00 to $45.00 and set a “buy” rating for the company in a research note on Thursday, November 7th. Finally, Jefferies Financial Group reduced their price target on Celsius from $44.00 to $40.00 and set a “buy” rating for the company in a report on Thursday, December 19th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and twelve have assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $48.00.

Insider Activity

In other news, major shareholder William H. Milmoe sold 65,000 shares of the business’s stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $31.15, for a total transaction of $2,024,750.00. Following the transaction, the insider now owns 261,245 shares of the company’s stock, valued at approximately $8,137,781.75. The trade was a 19.92 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 2.20% of the company’s stock.

Celsius 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.