Calamos Advisors LLC Buys 198,555 Shares of Celsius Holdings Inc. $CELH

Calamos Advisors LLC grew its stake in Celsius Holdings Inc. (NASDAQ:CELH) by 273.5% in the third quarter, HoldingsChannel.com reports. The fund owned 271,150 shares of the company’s stock after acquiring an additional 198,555 shares during the period. Calamos Advisors LLC’s holdings in Celsius were worth $15,588,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of CELH. IFM Investors Pty Ltd bought a new stake in Celsius in the first quarter valued at approximately $1,275,000. AlphaQuest LLC grew its holdings in shares of Celsius by 103.0% in the 1st quarter. AlphaQuest LLC now owns 2,314 shares of the company’s stock valued at $82,000 after buying an additional 1,174 shares during the period. Comerica Bank increased its position in shares of Celsius by 29.5% in the 1st quarter. Comerica Bank now owns 53,121 shares of the company’s stock valued at $1,892,000 after buying an additional 12,116 shares in the last quarter. Quarry LP increased its position in shares of Celsius by 288.0% in the 1st quarter. Quarry LP now owns 2,258 shares of the company’s stock valued at $80,000 after buying an additional 1,676 shares in the last quarter. Finally, Royal Bank of Canada raised its stake in Celsius by 79.2% during the 1st quarter. Royal Bank of Canada now owns 257,666 shares of the company’s stock worth $9,179,000 after buying an additional 113,840 shares during the period. Institutional investors own 60.95% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Roth Capital reissued a “buy” rating on shares of Celsius in a research note on Thursday, October 2nd. Morgan Stanley set a $70.00 price objective on Celsius in a research report on Tuesday, September 30th. JPMorgan Chase & Co. dropped their target price on shares of Celsius from $76.00 to $68.00 and set an “overweight” rating on the stock in a report on Friday, November 7th. Zacks Research cut shares of Celsius from a “strong-buy” rating to a “hold” rating in a report on Monday, October 6th. Finally, Needham & Company LLC raised their price objective on shares of Celsius from $60.00 to $70.00 and gave the stock a “buy” rating in a report on Friday, September 5th. Twenty investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $63.89.

Celsius Price Performance

NASDAQ CELH opened at $46.14 on Wednesday. The firm’s 50 day moving average is $46.76 and its 200-day moving average is $50.78. The company has a quick ratio of 1.61, a current ratio of 1.89 and a debt-to-equity ratio of 0.72. The company has a market capitalization of $11.89 billion, a PE ratio of 461.40, a price-to-earnings-growth ratio of 0.90 and a beta of 1.01. Celsius Holdings Inc. has a 12-month low of $21.10 and a 12-month high of $66.74.

Celsius (NASDAQ:CELH) last released its earnings results on Thursday, November 6th. The company reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.28 by $0.14. Celsius had a net margin of 3.03% and a return on equity of 41.88%. The business had revenue of $725.11 million during the quarter, compared to the consensus estimate of $703.68 million. The business’s revenue for the quarter was up 172.9% on a year-over-year basis. Equities research analysts anticipate that Celsius Holdings Inc. will post 0.89 earnings per share for the current fiscal year.

Insider Activity at Celsius

In related 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 completion of the transaction, the chief financial officer directly owned 99,227 shares of the company’s stock, valued at approximately $6,449,755. This represents a 4.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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 shares were sold at an average price of $62.50, for a total value of $2,500,000.00. Following the completion of the transaction, the insider owned 221,245 shares of the company’s stock, valued at approximately $13,827,812.50. This represents a 15.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 2.20% of the stock is owned by company insiders.

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.