Celsius Holdings, Inc. (NASDAQ:CELH) Stock Holdings Trimmed by CWA Asset Management Group LLC

CWA Asset Management Group LLC decreased its holdings in Celsius Holdings, Inc. (NASDAQ:CELH) by 15.4% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 153,827 shares of the company’s stock after selling 27,937 shares during the quarter. CWA Asset Management Group LLC owned 0.07% of Celsius worth $4,052,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. State Street Corp increased its stake in Celsius by 3.2% during the 3rd quarter. State Street Corp now owns 5,320,760 shares of the company’s stock valued at $166,860,000 after buying an additional 165,329 shares during the period. Massachusetts Financial Services Co. MA raised its holdings in Celsius by 231.2% during the second quarter. Massachusetts Financial Services Co. MA now owns 3,946,208 shares of the company’s stock worth $225,289,000 after purchasing an additional 2,754,722 shares in the last quarter. Geode Capital Management LLC lifted its position in Celsius by 3.6% in the third quarter. Geode Capital Management LLC now owns 3,000,805 shares of the company’s stock worth $93,928,000 after purchasing an additional 104,896 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in Celsius by 19.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,381,279 shares of the company’s stock valued at $43,317,000 after purchasing an additional 221,833 shares in the last quarter. Finally, Worldquant Millennium Advisors LLC increased its position in shares of Celsius by 993.0% during the 3rd quarter. Worldquant Millennium Advisors LLC now owns 1,180,904 shares of the company’s stock valued at $37,033,000 after purchasing an additional 1,072,859 shares during the period. 60.95% of the stock is owned by institutional investors and hedge funds.

Celsius Stock Performance

Shares of NASDAQ:CELH traded up $0.36 during midday trading on Monday, hitting $29.16. The company’s stock had a trading volume of 2,880,103 shares, compared to its average volume of 5,044,406. The stock’s 50 day simple moving average is $28.64 and its 200 day simple moving average is $37.02. The stock has a market capitalization of $6.85 billion, a price-to-earnings ratio of 40.50, a PEG ratio of 3.44 and a beta of 1.79. Celsius Holdings, Inc. has a fifty-two week low of $25.23 and a fifty-two week high of $99.62.

Insider Transactions at Celsius

In other news, major shareholder William H. Milmoe sold 65,000 shares of the company’s stock in a transaction dated 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 completion of the transaction, the insider now owns 261,245 shares of the company’s stock, valued at approximately $8,137,781.75. This represents a 19.92 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 2.20% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. UBS Group decreased their target price on Celsius from $50.00 to $45.00 and set a “buy” rating for the company in a research note on Thursday, November 7th. Piper Sandler dropped their target price on shares of Celsius from $50.00 to $47.00 and set an “overweight” rating on the stock in a report on Tuesday, September 24th. Roth Mkm decreased their price target on shares of Celsius from $40.00 to $38.00 and set a “buy” rating on the stock in a research report on Monday, December 16th. Stifel Nicolaus reduced their price objective on Celsius from $51.00 to $45.00 and set a “buy” rating for the company in a research note on Thursday, November 7th. Finally, Morgan Stanley restated an “equal weight” rating and issued a $42.00 price target on shares of Celsius in a research report on Thursday, December 26th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and thirteen have assigned a buy rating to the stock. According to MarketBeat, Celsius has an average rating of “Moderate Buy” and a consensus target price of $50.28.

Celsius Company 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.