Linden Thomas Advisory Services LLC Acquires 1,192 Shares of Celsius Holdings, Inc. (NASDAQ:CELH)

Linden Thomas Advisory Services LLC grew its holdings in Celsius Holdings, Inc. (NASDAQ:CELH) by 5.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 23,124 shares of the company’s stock after purchasing an additional 1,192 shares during the period. Linden Thomas Advisory Services LLC’s holdings in Celsius were worth $609,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Charles Schwab Investment Management Inc. raised its position in shares of Celsius by 19.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,381,279 shares of the company’s stock valued at $43,317,000 after purchasing an additional 221,833 shares during the period. Van ECK Associates Corp raised its position in shares of Celsius by 169.8% in the third quarter. Van ECK Associates Corp now owns 29,324 shares of the company’s stock valued at $893,000 after purchasing an additional 18,456 shares during the period. Savoir Faire Capital Management L.P. raised its position in shares of Celsius by 17.1% in the third quarter. Savoir Faire Capital Management L.P. now owns 173,518 shares of the company’s stock valued at $5,442,000 after purchasing an additional 25,315 shares during the period. Vontobel Holding Ltd. raised its position in shares of Celsius by 93.5% in the third quarter. Vontobel Holding Ltd. now owns 47,147 shares of the company’s stock valued at $1,479,000 after purchasing an additional 22,786 shares during the period. Finally, iA Global Asset Management Inc. bought a new stake in Celsius during the 3rd quarter worth approximately $2,772,000. Institutional investors own 60.95% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on CELH shares. Needham & Company LLC reaffirmed a “buy” rating and set a $38.00 target price on shares of Celsius in a report on Monday, January 6th. JPMorgan Chase & Co. started coverage on shares of Celsius in a report on Thursday, December 12th. They set an “overweight” rating and a $37.00 target price on the stock. Stifel Nicolaus decreased their target price on shares of Celsius from $51.00 to $45.00 and set a “buy” rating on the stock in a report on Thursday, November 7th. B. Riley decreased their target price on shares of Celsius from $50.00 to $47.00 and set a “buy” rating on the stock in a report on Monday, November 4th. Finally, UBS Group decreased their target price on shares of Celsius from $45.00 to $39.00 and set a “buy” rating on the stock in a report on Thursday, January 16th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and twelve have given a buy rating to the company’s stock. Based on data from MarketBeat, Celsius presently has an average rating of “Moderate Buy” and an average target price of $48.00.

Celsius Stock Performance

Shares of Celsius stock opened at $25.77 on Monday. Celsius Holdings, Inc. has a 52-week low of $24.55 and a 52-week high of $99.62. The stock has a market capitalization of $6.06 billion, a price-to-earnings ratio of 35.79, a price-to-earnings-growth ratio of 2.79 and a beta of 1.79. The company has a fifty day moving average of $28.01 and a 200-day moving average of $33.61.

Insider Activity

In other Celsius news, major shareholder William H. Milmoe sold 65,000 shares of the stock in a transaction on 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 completion of the sale, the insider now owns 261,245 shares of the company’s stock, valued at $8,137,781.75. This represents a 19.92 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 2.20% of the stock is owned by corporate insiders.

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.