Portolan Capital Management LLC Has $9.43 Million Position in Celsius Holdings Inc. $CELH

Portolan Capital Management LLC grew its holdings in shares of Celsius Holdings Inc. (NASDAQ:CELH) by 125.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 164,031 shares of the company’s stock after buying an additional 91,173 shares during the quarter. Portolan Capital Management LLC owned approximately 0.06% of Celsius worth $9,430,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Spire Wealth Management increased its holdings in Celsius by 7.6% in the 3rd quarter. Spire Wealth Management now owns 2,547 shares of the company’s stock worth $146,000 after purchasing an additional 180 shares in the last quarter. KLP Kapitalforvaltning AS raised its position in Celsius by 0.6% in the third quarter. KLP Kapitalforvaltning AS now owns 33,100 shares of the company’s stock valued at $1,903,000 after purchasing an additional 200 shares during the last quarter. TriaGen Wealth Management LLC boosted its stake in shares of Celsius by 1.4% during the third quarter. TriaGen Wealth Management LLC now owns 15,824 shares of the company’s stock valued at $910,000 after purchasing an additional 218 shares in the last quarter. Quadrant Capital Group LLC boosted its stake in shares of Celsius by 1.3% during the third quarter. Quadrant Capital Group LLC now owns 18,459 shares of the company’s stock valued at $1,061,000 after purchasing an additional 238 shares in the last quarter. Finally, MGB Wealth Management LLC grew its holdings in shares of Celsius by 3.8% during the third quarter. MGB Wealth Management LLC now owns 6,900 shares of the company’s stock worth $397,000 after purchasing an additional 250 shares during the last quarter. 60.95% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages recently issued reports on CELH. Weiss Ratings upgraded shares of Celsius from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, March 4th. Bank of America raised shares of Celsius from an “underperform” rating to a “buy” rating and set a $65.00 target price on the stock in a report on Friday, February 27th. UBS Group restated a “buy” rating and issued a $70.00 price target (up from $65.00) on shares of Celsius in a research report on Wednesday, January 14th. Needham & Company LLC raised their price target on shares of Celsius from $70.00 to $75.00 and gave the company a “buy” rating in a research note on Friday, February 27th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Celsius from $68.00 to $77.00 and gave the stock an “overweight” rating in a report on Thursday, January 29th. Nineteen research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Celsius currently has a consensus rating of “Moderate Buy” and an average price target of $67.72.

Celsius Price Performance

Celsius stock opened at $44.57 on Friday. The stock’s 50 day moving average is $49.56 and its 200 day moving average is $51.14. Celsius Holdings Inc. has a one year low of $26.36 and a one year high of $66.74. The firm has a market cap of $11.45 billion, a P/E ratio of 178.28, a P/E/G ratio of 1.44 and a beta of 0.89. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.68 and a quick ratio of 1.37.

Celsius (NASDAQ:CELH) last released its earnings results on Thursday, February 26th. The company reported $0.26 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.07. Celsius had a net margin of 4.29% and a return on equity of 37.68%. The business had revenue of $721.63 million during the quarter, compared to the consensus estimate of $638.17 million. During the same quarter in the prior year, the firm posted ($0.11) EPS. The company’s revenue for the quarter was up 117.2% compared to the same quarter last year. As a group, research analysts expect that Celsius Holdings Inc. will post 0.89 EPS for the current 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.