Norges Bank Buys New Stake in Celsius Holdings Inc. $CELH

Norges Bank purchased a new position in shares of Celsius Holdings Inc. (NASDAQ:CELH) during the fourth quarter, Holdings Channel.com reports. The fund purchased 3,078,342 shares of the company’s stock, valued at approximately $140,803,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CELH. Amica Mutual Insurance Co. raised its position in shares of Celsius by 108.8% in the fourth quarter. Amica Mutual Insurance Co. now owns 54,773 shares of the company’s stock worth $2,505,000 after acquiring an additional 28,535 shares during the period. BRC Group Holdings Inc. purchased a new stake in shares of Celsius during the 4th quarter worth about $393,000. Eurizon Capital SGR S.p.A. acquired a new stake in shares of Celsius during the 4th quarter valued at about $3,373,000. Future Fund LLC grew its position in shares of Celsius by 142.5% during the 4th quarter. Future Fund LLC now owns 59,704 shares of the company’s stock valued at $2,731,000 after acquiring an additional 35,083 shares during the period. Finally, Hillsdale Investment Management Inc. purchased a new position in shares of Celsius in the 4th quarter valued at about $3,316,000. Hedge funds and other institutional investors own 60.95% of the company’s stock.

Analysts Set New Price Targets

CELH has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $44.00 price target on shares of Celsius in a research report on Friday, May 8th. Bank of America upgraded Celsius from an “underperform” rating to a “buy” rating and set a $65.00 price objective for the company in a research report on Friday, February 27th. TD Cowen reduced their target price on Celsius from $66.00 to $55.00 and set a “buy” rating for the company in a research note on Monday, April 20th. JPMorgan Chase & Co. dropped their price target on shares of Celsius from $77.00 to $67.00 and set an “overweight” rating on the stock in a research note on Monday, May 4th. Finally, Weiss Ratings raised shares of Celsius from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, May 11th. Twenty analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $64.53.

Insider Buying and Selling at Celsius

In other Celsius news, Director Hal Kravitz bought 8,400 shares of the stock in a transaction on Friday, May 22nd. The shares were bought at an average price of $29.73 per share, with a total value of $249,732.00. Following the purchase, the director directly owned 227,158 shares in the company, valued at $6,753,407.34. This trade represents a 3.84% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO John Fieldly bought 8,475 shares of the company’s stock in a transaction dated Friday, May 22nd. The shares were acquired at an average cost of $29.36 per share, with a total value of $248,826.00. Following the acquisition, the chief executive officer directly owned 937,540 shares of the company’s stock, valued at approximately $27,526,174.40. This represents a 0.91% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 2.33% of the stock is currently owned by corporate insiders.

Key Celsius News

Here are the key news stories impacting Celsius this week:

• Negative Sentiment: Texas opened an investigation into Celsius over whether Alani Nu energy drinks, which are marketed toward teens, contain caffeine levels and advertising claims that could raise child-safety concerns. Article link
• Negative Sentiment: Several follow-up reports said CELH stock is under pressure as investors react to the state probe and related allegations that the company targeted younger consumers with high-caffeine drinks. Article link
• Negative Sentiment: Another report said Texas officials are looking into Celsius after a lawsuit tied an Alani Nu drink to a teen’s death, adding to reputational and legal overhang for the brand. Article link
• Negative Sentiment: News coverage also highlighted that Celsius shares were tumbling because investors are weighing the risk of a broader regulatory, legal, and consumer backlash around Alani Nu’s marketing practices. Article link

Celsius Trading Down 7.5%

CELH stock opened at $27.75 on Friday. Celsius Holdings Inc. has a 12-month low of $27.47 and a 12-month high of $66.74. The business’s 50-day moving average is $32.66 and its 200 day moving average is $41.55. The company has a current ratio of 1.77, a quick ratio of 1.43 and a debt-to-equity ratio of 0.53. The stock has a market cap of $7.09 billion, a price-to-earnings ratio of 64.53, a PEG ratio of 1.14 and a beta of 0.93.

Celsius (NASDAQ:CELH) last announced its earnings results on Thursday, May 7th. The company reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.29 by $0.12. The business had revenue of $782.62 million during the quarter, compared to analysts’ expectations of $763.08 million. Celsius had a return on equity of 37.95% and a net margin of 5.85%.The business’s revenue was up 137.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.18 earnings per share. On average, sell-side analysts anticipate that Celsius Holdings Inc. will post 1.59 EPS for the current fiscal year.

Celsius Profile

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.