SG Americas Securities LLC Purchases 4,404 Shares of Celsius Holdings, Inc. (NASDAQ:CELH)

SG Americas Securities LLC grew its position in Celsius Holdings, Inc. (NASDAQ:CELH) by 262.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,083 shares of the company’s stock after purchasing an additional 4,404 shares during the quarter. SG Americas Securities LLC’s holdings in Celsius were worth $548,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. First Quadrant L P CA bought a new stake in shares of Celsius in the 3rd quarter valued at $35,000. Total Clarity Wealth Management Inc. bought a new stake in shares of Celsius in the 3rd quarter valued at $61,000. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Celsius by 100.4% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 916 shares of the company’s stock valued at $70,000 after purchasing an additional 459 shares during the last quarter. Atticus Wealth Management LLC bought a new stake in shares of Celsius in the 3rd quarter valued at $93,000. Finally, Twin Tree Management LP bought a new stake in shares of Celsius in the 2nd quarter valued at $163,000. 45.75% of the stock is currently owned by institutional investors.

Celsius stock opened at $49.34 on Friday. Celsius Holdings, Inc. has a 1-year low of $41.05 and a 1-year high of $110.22. The firm has a market capitalization of $3.70 billion, a price-to-earnings ratio of 448.59 and a beta of 2.02. The firm’s fifty day moving average price is $70.51 and its two-hundred day moving average price is $77.04.

Celsius (NASDAQ:CELH) last released its quarterly earnings data on Thursday, November 11th. The company reported $0.03 earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.03). The business had revenue of $94.91 million during the quarter, compared to the consensus estimate of $77.74 million. Celsius had a net margin of 3.65% and a return on equity of 6.00%. During the same period last year, the business posted $0.06 earnings per share. As a group, sell-side analysts forecast that Celsius Holdings, Inc. will post 0.14 earnings per share for the current fiscal year.

In other news, CEO John Fieldly sold 20,000 shares of the stock in a transaction dated Monday, December 27th. The shares were sold at an average price of $75.00, for a total value of $1,500,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, major shareholder William H. Milmoe sold 26,048 shares of the stock in a transaction dated Wednesday, November 24th. The shares were sold at an average price of $72.04, for a total transaction of $1,876,497.92. The disclosure for this sale can be found here. Corporate insiders own 13.19% of the company’s stock.

CELH has been the topic of several research analyst reports. Stifel Nicolaus initiated coverage on shares of Celsius in a research note on Monday, November 15th. They set a “buy” rating and a $95.00 target price on the stock. B. Riley increased their target price on shares of Celsius from $100.00 to $115.00 and gave the stock a “buy” rating in a research note on Tuesday, November 9th. Credit Suisse Group lowered shares of Celsius from an “outperform” rating to a “neutral” rating and increased their target price for the stock from $82.00 to $103.00 in a research note on Friday, November 12th. Zacks Investment Research lowered shares of Celsius from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 12th. Finally, UBS Group started coverage on shares of Celsius in a research note on Thursday, December 2nd. They set a “buy” rating on the stock. Two research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $108.67.

Celsius Profile

Celsius Holdings, Inc engages in the development, marketing, sale, and distribution of calorie-burning beverages. It offers flavors including grapefruit, cucumber lime, orange pomegranate, pineapple coconut, watermelon berry, and strawberries and cream. The company was founded in April 2004 and is headquartered in Boca Raton, FL.

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Institutional Ownership by Quarter for Celsius (NASDAQ:CELH)

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