18,029 Shares in Celsius Holdings Inc. $CELH Bought by Friedenthal Financial

Friedenthal Financial acquired a new stake in Celsius Holdings Inc. (NASDAQ:CELH) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 18,029 shares of the company’s stock, valued at approximately $1,036,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of CELH. Alliancebernstein L.P. boosted its position in shares of Celsius by 3.4% in the second quarter. Alliancebernstein L.P. now owns 18,662,921 shares of the company’s stock worth $865,773,000 after buying an additional 617,743 shares during the period. Ameriprise Financial Inc. boosted its holdings in Celsius by 20.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,470,088 shares of the company’s stock worth $114,587,000 after acquiring an additional 426,623 shares during the period. Holocene Advisors LP grew its position in Celsius by 130.6% in the second quarter. Holocene Advisors LP now owns 2,108,041 shares of the company’s stock valued at $97,792,000 after acquiring an additional 1,193,707 shares in the last quarter. Divisadero Street Capital Management LP grew its position in Celsius by 89.4% in the second quarter. Divisadero Street Capital Management LP now owns 1,497,450 shares of the company’s stock valued at $69,467,000 after acquiring an additional 706,888 shares in the last quarter. Finally, Mane Global Capital Management LP raised its stake in shares of Celsius by 121.3% during the second quarter. Mane Global Capital Management LP now owns 1,486,418 shares of the company’s stock valued at $68,955,000 after purchasing an additional 814,890 shares during the period. Institutional investors and hedge funds own 60.95% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on CELH shares. UBS Group restated a “buy” rating on shares of Celsius in a research note on Wednesday, December 17th. Needham & Company LLC raised their target price on Celsius from $60.00 to $70.00 and gave the company a “buy” rating in a research note on Friday, September 5th. Bank of America dropped their target price on Celsius from $50.00 to $45.00 and set an “underperform” rating on the stock in a research report on Friday, December 19th. KeyCorp initiated coverage on Celsius in a research note on Tuesday, December 16th. They set a “sector weight” rating for the company. Finally, Cowen restated a “buy” rating on shares of Celsius in a report on Tuesday, September 2nd. Twenty investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Celsius has an average rating of “Moderate Buy” and a consensus target price of $63.89.

Celsius Stock Up 0.6%

CELH stock opened at $44.61 on Wednesday. The firm has a market cap of $11.50 billion, a price-to-earnings ratio of 446.10, a PEG ratio of 0.86 and a beta of 1.01. Celsius Holdings Inc. has a 1-year low of $21.10 and a 1-year high of $66.74. The firm has a fifty day moving average price of $48.61 and a two-hundred day moving average price of $50.65. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.89 and a quick ratio of 1.61.

Celsius (NASDAQ:CELH) last posted its quarterly earnings results on Thursday, November 6th. The company reported $0.42 EPS for the quarter, beating the consensus estimate of $0.28 by $0.14. The business had revenue of $725.11 million during the quarter, compared to analyst estimates of $703.68 million. Celsius had a net margin of 3.03% and a return on equity of 41.88%. Celsius’s revenue for the quarter was up 172.9% compared to the same quarter last year. Research analysts predict that Celsius Holdings Inc. will post 0.89 EPS for the current year.

Insider Activity

In other news, CFO Jarrod Langhans sold 5,000 shares of the stock in a transaction that occurred on Thursday, October 16th. The stock was sold at an average price of $65.00, for a total transaction of $325,000.00. Following the sale, the chief financial officer directly owned 99,227 shares in the company, valued at approximately $6,449,755. This represents a 4.80% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder William H. Milmoe sold 40,000 shares of the firm’s stock in a transaction that occurred on Friday, October 10th. The stock was sold at an average price of $62.50, for a total value of $2,500,000.00. Following the completion of the sale, the insider directly owned 221,245 shares in the company, valued at approximately $13,827,812.50. This trade represents a 15.31% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 2.20% of the company’s stock.

Celsius Company 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.