Yousif Capital Management LLC Cuts Position in Celsius Holdings, Inc. (NASDAQ:CELH)

Yousif Capital Management LLC lessened its stake in Celsius Holdings, Inc. (NASDAQ:CELH) by 4.7% in the fourth quarter, HoldingsChannel.com reports. The firm owned 38,933 shares of the company’s stock after selling 1,905 shares during the quarter. Yousif Capital Management LLC’s holdings in Celsius were worth $1,025,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Signaturefd LLC increased its holdings in shares of Celsius by 48.3% in the 3rd quarter. Signaturefd LLC now owns 1,160 shares of the company’s stock valued at $36,000 after purchasing an additional 378 shares in the last quarter. Activest Wealth Management purchased a new position in shares of Celsius in the 3rd quarter valued at about $39,000. Blue Trust Inc. increased its holdings in shares of Celsius by 69.0% in the 3rd quarter. Blue Trust Inc. now owns 1,345 shares of the company’s stock valued at $42,000 after purchasing an additional 549 shares in the last quarter. S.A. Mason LLC increased its holdings in shares of Celsius by 100.0% in the 4th quarter. S.A. Mason LLC now owns 1,400 shares of the company’s stock valued at $37,000 after purchasing an additional 700 shares in the last quarter. Finally, GAMMA Investing LLC increased its holdings in shares of Celsius by 185.7% in the 4th quarter. GAMMA Investing LLC now owns 1,714 shares of the company’s stock valued at $45,000 after purchasing an additional 1,114 shares in the last quarter. Hedge funds and other institutional investors own 60.95% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on CELH. TD Cowen downgraded shares of Celsius from a “buy” rating to a “hold” rating and dropped their target price for the company from $40.00 to $29.00 in a report on Wednesday, January 22nd. Needham & Company LLC restated a “buy” rating and set a $38.00 target price on shares of Celsius in a report on Tuesday, January 28th. Piper Sandler dropped their target price on shares of Celsius from $47.00 to $33.00 and set an “overweight” rating for the company in a report on Thursday, January 23rd. Stifel Nicolaus dropped their target price on shares of Celsius from $45.00 to $37.00 and set a “buy” rating for the company in a report on Monday, February 10th. Finally, Jefferies Financial Group dropped their target price on shares of Celsius from $44.00 to $40.00 and set a “buy” rating for the company in a report on Thursday, December 19th. One research analyst has rated the stock with a sell rating, five have given a hold rating and twelve have assigned a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $47.56.

Insider Buying and Selling at Celsius

In other Celsius news, major shareholder William H. Milmoe sold 65,000 shares of Celsius stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $31.15, for a total transaction of $2,024,750.00. Following the transaction, the insider now directly owns 261,245 shares of the company’s stock, valued at $8,137,781.75. The trade was a 19.92 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. 2.20% of the stock is currently owned by corporate insiders.

Celsius Stock Down 1.4 %

Shares of CELH stock opened at $22.34 on Friday. The stock has a market cap of $5.25 billion, a price-to-earnings ratio of 31.03, a price-to-earnings-growth ratio of 2.44 and a beta of 1.78. Celsius Holdings, Inc. has a fifty-two week low of $21.10 and a fifty-two week high of $99.62. The firm’s 50 day moving average price is $26.64 and its two-hundred day moving average price is $31.18.

About Celsius

Celsius Holdings, Inc develops, processes, markets, distributes, and sells functional energy drinks and liquid supplements in the United States, Australia, New Zealand, Canadian, European, Middle Eastern, Asia-Pacific, and internationally. The company offers CELSIUS, a fitness drink or supplement designed to accelerate metabolism and burn body fat; various flavors and carbonated and non-carbonated functional energy drinks under the CELSIUS Originals and Vibe name, as well as functional energy drink under the CELSIUS Essentials and CELSIUS On-the-Go Powder names; and CELSIUS ready-to drink products.