Future Fund LLC Raises Stock Position in Celsius Holdings Inc. $CELH

Future Fund LLC increased its position in shares of Celsius Holdings Inc. (NASDAQ:CELH) by 38.7% in the 1st quarter, HoldingsChannel reports. The fund owned 82,833 shares of the company’s stock after acquiring an additional 23,129 shares during the period. Future Fund LLC’s holdings in Celsius were worth $2,939,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. IFM Investors Pty Ltd acquired a new position in shares of Celsius during the first quarter worth $1,275,000. Royal Bank of Canada lifted its holdings in shares of Celsius by 79.2% during the 1st quarter. Royal Bank of Canada now owns 257,666 shares of the company’s stock valued at $9,179,000 after purchasing an additional 113,840 shares during the last quarter. NewEdge Advisors LLC boosted its position in shares of Celsius by 131.5% in the 1st quarter. NewEdge Advisors LLC now owns 23,166 shares of the company’s stock worth $825,000 after purchasing an additional 13,159 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Celsius by 14.2% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 433,241 shares of the company’s stock worth $15,432,000 after purchasing an additional 53,844 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its stake in Celsius by 244.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,119 shares of the company’s stock worth $52,000 after buying an additional 794 shares during the last quarter. Hedge funds and other institutional investors own 60.95% of the company’s stock.

Celsius Price Performance

NASDAQ CELH opened at $28.99 on Friday. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.77 and a quick ratio of 1.43. The stock’s fifty day moving average price is $29.98 and its 200 day moving average price is $38.89. Celsius Holdings Inc. has a 1 year low of $27.47 and a 1 year high of $66.74. The company has a market cap of $7.41 billion, a price-to-earnings ratio of 67.42, a PEG ratio of 1.20 and a beta of 0.94.

Celsius (NASDAQ:CELH) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.29 by $0.12. Celsius had a return on equity of 37.95% and a net margin of 5.85%.The company had revenue of $782.62 million during the quarter, compared to analysts’ expectations of $763.08 million. During the same quarter in the previous year, the firm posted $0.18 EPS. The firm’s revenue was up 137.7% compared to the same quarter last year. As a group, equities research analysts forecast that Celsius Holdings Inc. will post 1.59 earnings per share for the current year.

Insider Transactions at Celsius

In other news, Director Hal Kravitz acquired 8,400 shares of Celsius stock in a transaction dated Friday, May 22nd. The stock was purchased at an average cost of $29.73 per share, for a total transaction of $249,732.00. Following the completion of 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 document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO John Fieldly bought 8,475 shares of the firm’s stock in a transaction that occurred on Friday, May 22nd. The shares were purchased 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 trade 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.

Wall Street Analysts Forecast Growth

CELH has been the topic of several recent analyst reports. Roth Capital reaffirmed a “buy” rating and set a $57.00 target price (down from $65.00) on shares of Celsius in a research report on Thursday, June 25th. Weiss Ratings downgraded Celsius from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, June 11th. Needham & Company LLC dropped their price target on Celsius from $75.00 to $55.00 and set a “buy” rating on the stock in a research note on Thursday, July 9th. Bank of America cut their price objective on shares of Celsius from $55.00 to $45.00 and set a “buy” rating on the stock in a report on Wednesday, June 24th. Finally, TD Cowen decreased their price objective on shares of Celsius from $66.00 to $55.00 and set a “buy” rating for the company in a research report on Monday, April 20th. Twenty-one equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $58.65.

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.