Peregrine Capital Management LLC Has $10.55 Million Holdings in Celsius Holdings Inc. $CELH

Peregrine Capital Management LLC reduced its holdings in Celsius Holdings Inc. (NASDAQ:CELH) by 15.1% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 183,431 shares of the company’s stock after selling 32,581 shares during the quarter. Peregrine Capital Management LLC’s holdings in Celsius were worth $10,545,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of CELH. Alliancebernstein L.P. raised its stake in shares of Celsius by 3.4% in the second quarter. Alliancebernstein L.P. now owns 18,662,921 shares of the company’s stock worth $865,773,000 after purchasing an additional 617,743 shares during the last quarter. Ameriprise Financial Inc. lifted its position in shares of Celsius by 20.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,470,088 shares of the company’s stock worth $114,587,000 after purchasing an additional 426,623 shares during the period. Holocene Advisors LP raised its position in shares of Celsius by 130.6% in the 2nd quarter. Holocene Advisors LP now owns 2,108,041 shares of the company’s stock worth $97,792,000 after acquiring an additional 1,193,707 shares in the last quarter. Divisadero Street Capital Management LP raised its stake in Celsius by 89.4% during the second quarter. Divisadero Street Capital Management LP now owns 1,497,450 shares of the company’s stock valued at $69,467,000 after buying an additional 706,888 shares during the last quarter. Finally, Mane Global Capital Management LP boosted its holdings in shares of Celsius by 121.3% during the 2nd quarter. Mane Global Capital Management LP now owns 1,486,418 shares of the company’s stock valued at $68,955,000 after acquiring an additional 814,890 shares during the last quarter. Institutional investors and hedge funds own 60.95% of the company’s stock.

Celsius Price Performance

Celsius stock opened at $51.28 on Friday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.61 and a current ratio of 1.89. The firm has a market cap of $13.22 billion, a P/E ratio of 512.80, a P/E/G ratio of 0.85 and a beta of 0.89. The business’s fifty day moving average is $44.88 and its two-hundred day moving average is $50.90. Celsius Holdings Inc. has a 52 week low of $21.10 and a 52 week high of $66.74.

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

Insider Buying and Selling

In other Celsius news, CFO Jarrod Langhans sold 5,000 shares of the stock in a transaction on Thursday, October 16th. The shares were sold at an average price of $65.00, for a total value of $325,000.00. Following the sale, the chief financial officer directly owned 99,227 shares in the company, valued at approximately $6,449,755. This trade represents a 4.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Hal Kravitz bought 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 13th. The stock was acquired at an average cost of $45.24 per share, with a total value of $452,400.00. Following the transaction, the director owned 216,147 shares of the company’s stock, valued at $9,778,490.28. This represents a 4.85% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders own 2.55% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on CELH shares. Royal Bank Of Canada reissued an “outperform” rating on shares of Celsius in a report on Thursday, November 6th. Stifel Nicolaus lowered their price objective on Celsius from $74.00 to $60.00 and set a “buy” rating on the stock in a research report on Friday, November 7th. JPMorgan Chase & Co. lowered their target price on shares of Celsius from $76.00 to $68.00 and set an “overweight” rating for the company in a research note on Friday, November 7th. KeyCorp assumed coverage on shares of Celsius in a research report on Tuesday, December 16th. They set a “sector weight” rating for the company. Finally, Citigroup reduced their target price on shares of Celsius from $73.00 to $65.00 and set a “buy” rating on the stock in a report on Friday, November 7th. Twenty investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $63.89.

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.