Celestica (NYSE:CLS) President Sells $30,892,000.00 in Stock

Celestica, Inc. (NYSE:CLS) (TSE:CLS) President Jason Phillips sold 100,000 shares of the firm’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $308.92, for a total transaction of $30,892,000.00. Following the transaction, the president directly owned 12,584 shares of the company’s stock, valued at approximately $3,887,449.28. This represents a 88.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Jason Phillips also recently made the following trade(s):

• On Thursday, February 5th, Jason Phillips sold 20,000 shares of Celestica stock. The shares were sold at an average price of $300.01, for a total transaction of $6,000,200.00.

Celestica Stock Up 4.2%

NYSE:CLS opened at $307.36 on Monday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.88 and a current ratio of 1.47. The company has a market capitalization of $35.36 billion, a price-to-earnings ratio of 42.81 and a beta of 1.86. Celestica, Inc. has a one year low of $58.05 and a one year high of $363.40. The stock has a 50-day simple moving average of $307.14 and a 200 day simple moving average of $272.64.

Analysts Set New Price Targets

Several research firms have weighed in on CLS. Barclays boosted their target price on shares of Celestica from $359.00 to $391.00 and gave the company an “overweight” rating in a research note on Friday, January 30th. The Goldman Sachs Group lifted their price target on shares of Celestica from $340.00 to $440.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. UBS Group raised their target price on shares of Celestica from $208.00 to $350.00 and gave the stock a “neutral” rating in a report on Wednesday, October 29th. Citigroup decreased their target price on Celestica from $375.00 to $338.00 and set a “buy” rating for the company in a research note on Friday, January 30th. Finally, Zacks Research raised Celestica from a “hold” rating to a “strong-buy” rating in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Celestica currently has a consensus rating of “Moderate Buy” and a consensus price target of $356.59.

Hedge Funds Weigh In On Celestica

Several hedge funds and other institutional investors have recently made changes to their positions in CLS. DAVENPORT & Co LLC increased its position in Celestica by 56.8% in the 2nd quarter. DAVENPORT & Co LLC now owns 8,333 shares of the technology company’s stock valued at $1,300,000 after acquiring an additional 3,019 shares during the period. Valeo Financial Advisors LLC grew its stake in shares of Celestica by 24.1% in the second quarter. Valeo Financial Advisors LLC now owns 4,362 shares of the technology company’s stock worth $681,000 after purchasing an additional 848 shares in the last quarter. Belpointe Asset Management LLC acquired a new position in shares of Celestica during the second quarter valued at $343,000. Vontobel Holding Ltd. raised its stake in shares of Celestica by 178.4% during the second quarter. Vontobel Holding Ltd. now owns 9,188 shares of the technology company’s stock valued at $1,436,000 after purchasing an additional 5,888 shares in the last quarter. Finally, US Bancorp DE raised its stake in shares of Celestica by 61.1% during the second quarter. US Bancorp DE now owns 9,209 shares of the technology company’s stock valued at $1,438,000 after purchasing an additional 3,494 shares in the last quarter. 67.38% of the stock is currently owned by institutional investors and hedge funds.

Key Celestica News

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Zacks upgraded CLS to a Strong Buy (Zacks #1), signaling improved near-term earnings optimism that can attract momentum and retail flows. Celestica (CLS) Upgraded to Strong Buy: Here’s Why
• Positive Sentiment: Zacks also put CLS on its momentum list of stocks to buy, which can amplify short‑term inflows from momentum-focused funds and traders. Best Momentum Stocks to Buy for February 6th
• Positive Sentiment: Sector/market narrative: coverage highlights Celestica as a beneficiary of Google’s huge 2026 capex plan, suggesting sustained demand for cloud and infrastructure electronics (a tailwind for CLS’s contract manufacturing). Why Celestica is a Massive Winner from Google’s CapEx Bonanza
• Positive Sentiment: Analyst/coverage support: TD Securities projects >10% upside, reinforcing bullish analyst sentiment that can support further price gains. Celestica Inc. (CLS:CA) TD Securities Forecasts Over 10% Upside
• Positive Sentiment: Fundamental bullishness: recent commentary (Seeking Alpha, Zacks) highlights strong growth in the HPS segment (now a material portion of revenue) and attractive longer‑term growth/valuation metrics — supporting a growth case beyond near‑term momentum. Celestica: A Hidden Gem For Aggressive Growth Portfolios
• Neutral Sentiment: Valuation discussion: coverage assessing valuation after recent volatility — useful for longer‑term investors to weigh the rally versus historical multiples and risk. Assessing Celestica (TSX:CLS) Valuation After Recent Share Price Weakness
• Negative Sentiment: Significant insider selling: multiple filings show large sales by executives — notably President Jason Phillips sold 120,000 shares across Feb 5–6 (including a 100,000‑share sale at ~\$308.92), and other insider disposals were also reported. Heavy insider selling can concern investors about insider conviction despite positive headlines. SEC Insider Filing(s)
• Negative Sentiment: Media flagged the insider transactions in roundup stories, which can create short‑term selling pressure or cause some investors to reassess timing despite bullish analyst and sector narratives. Insider Selling: Celestica (NYSE:CLS) President Sells $25,722,175.80 in Stock

Celestica Company Profile

Celestica Inc is a multinational electronics manufacturing services (EMS) company that provides design, engineering, manufacturing and supply chain solutions to original equipment manufacturers across a range of industries. Headquartered in Toronto, Ontario, Canada, Celestica works with customers to develop and produce complex electronic and electro-mechanical products, integrating activities from product design and prototyping through high-volume assembly, testing and final system integration.

The company’s service offering typically includes product engineering and design support, printed circuit board assembly, box-build and systems assembly, automated test and inspection, aftermarket repair and refurbishment, and end-to-end supply chain and logistics management.