Celsius Holdings, Inc. (NASDAQ:CELH) Shares Acquired by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP grew its holdings in Celsius Holdings, Inc. (NASDAQ:CELH) by 86.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 990,135 shares of the company’s stock after purchasing an additional 460,227 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.42% of Celsius worth $56,531,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. FinTrust Capital Advisors LLC acquired a new stake in shares of Celsius in the first quarter valued at approximately $25,000. EverSource Wealth Advisors LLC grew its position in shares of Celsius by 3,116.7% in the first quarter. EverSource Wealth Advisors LLC now owns 386 shares of the company’s stock valued at $32,000 after purchasing an additional 374 shares during the last quarter. Rise Advisors LLC grew its position in shares of Celsius by 1,370.0% in the first quarter. Rise Advisors LLC now owns 441 shares of the company’s stock valued at $37,000 after purchasing an additional 411 shares during the last quarter. Transcendent Capital Group LLC acquired a new stake in shares of Celsius in the fourth quarter valued at approximately $25,000. Finally, Beacon Capital Management LLC acquired a new stake in shares of Celsius in the first quarter valued at approximately $40,000. 60.95% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CEO John Fieldly sold 74,847 shares of Celsius stock in a transaction on Thursday, September 12th. The shares were sold at an average price of $32.80, for a total transaction of $2,454,981.60. Following the sale, the chief executive officer now owns 1,812,490 shares of the company’s stock, valued at approximately $59,449,672. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 2.20% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the stock. Jefferies Financial Group decreased their target price on shares of Celsius from $68.00 to $53.00 and set a “buy” rating on the stock in a research report on Thursday, September 5th. UBS Group decreased their target price on shares of Celsius from $70.00 to $64.00 and set a “buy” rating on the stock in a research report on Wednesday, August 7th. Piper Sandler decreased their target price on shares of Celsius from $50.00 to $47.00 and set an “overweight” rating on the stock in a research report on Tuesday, September 24th. BNP Paribas assumed coverage on shares of Celsius in a research report on Monday, June 24th. They set an “outperform” rating and a $87.00 target price on the stock. Finally, TD Cowen decreased their target price on shares of Celsius from $68.00 to $50.00 and set a “buy” rating on the stock in a research report on Wednesday, August 7th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and twelve have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $57.29.

Celsius Trading Up 3.9 %

Shares of CELH stock opened at $32.53 on Friday. The company’s fifty day simple moving average is $38.43 and its 200-day simple moving average is $62.00. Celsius Holdings, Inc. has a 52 week low of $30.86 and a 52 week high of $99.62. The company has a market cap of $7.58 billion, a PE ratio of 35.75, a P/E/G ratio of 2.45 and a beta of 1.85.

Celsius (NASDAQ:CELH) last released its quarterly earnings results on Tuesday, August 6th. The company reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.05. Celsius had a net margin of 19.58% and a return on equity of 94.75%. The firm had revenue of $402.00 million for the quarter, compared to the consensus estimate of $391.07 million. During the same quarter in the previous year, the firm posted $0.17 EPS. The firm’s quarterly revenue was up 23.4% on a year-over-year basis. Equities research analysts expect that Celsius Holdings, Inc. will post 0.82 EPS for the current fiscal year.

Celsius Profile

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.