Robert Mionis Sells 66,056 Shares of Celestica (NYSE:CLS) Stock

Celestica, Inc. (NYSE:CLS) (TSE:CLS) CEO Robert Mionis sold 66,056 shares of the business’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $400.06, for a total value of $26,426,363.36. Following the completion of the sale, the chief executive officer directly owned 134,328 shares of the company’s stock, valued at $53,739,259.68. This represents a 32.96% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Robert Mionis also recently made the following trade(s):

• On Tuesday, June 16th, Robert Mionis sold 55,768 shares of Celestica stock. The shares were sold at an average price of $386.96, for a total value of $21,579,985.28.
• On Wednesday, June 17th, Robert Mionis sold 18,176 shares of Celestica stock. The shares were sold at an average price of $385.17, for a total value of $7,000,849.92.

Celestica Trading Down 1.9%

NYSE:CLS opened at $372.96 on Friday. Celestica, Inc. has a 12 month low of $130.68 and a 12 month high of $474.02. The firm has a market cap of $42.88 billion, a price-to-earnings ratio of 45.10, a P/E/G ratio of 0.88 and a beta of 2.02. The company has a quick ratio of 0.73, a current ratio of 1.26 and a debt-to-equity ratio of 0.36. The company’s 50 day moving average is $382.39 and its 200-day moving average is $326.09.

Celestica (NYSE:CLS) (TSE:CLS) last announced its earnings results on Monday, April 27th. The technology company reported $2.16 EPS for the quarter, topping the consensus estimate of $2.08 by $0.08. Celestica had a net margin of 6.95% and a return on equity of 36.91%. The firm had revenue of $3.96 billion for the quarter, compared to the consensus estimate of $3.97 billion. During the same quarter last year, the firm posted $1.20 EPS. The business’s quarterly revenue was up 52.8% on a year-over-year basis. Celestica has set its FY 2026 guidance at 10.150-10.150 EPS and its Q2 2026 guidance at 2.140-2.340 EPS. Equities analysts anticipate that Celestica, Inc. will post 9.5 EPS for the current year.

Institutional Investors Weigh In On Celestica

Several institutional investors and hedge funds have recently bought and sold shares of the business. Wealth High Governance Capital Ltda lifted its holdings in shares of Celestica by 12.4% during the 1st quarter. Wealth High Governance Capital Ltda now owns 35,042 shares of the technology company’s stock worth $9,871,000 after acquiring an additional 3,863 shares during the period. Wealth High Governance Asset Management Ltda. boosted its position in shares of Celestica by 69.6% during the 1st quarter. Wealth High Governance Asset Management Ltda. now owns 29,916 shares of the technology company’s stock valued at $8,427,000 after acquiring an additional 12,274 shares in the last quarter. NewEdge Advisors LLC increased its stake in Celestica by 5.6% in the first quarter. NewEdge Advisors LLC now owns 6,282 shares of the technology company’s stock valued at $1,770,000 after acquiring an additional 333 shares during the period. Alpine Woods Capital Investors LLC bought a new stake in Celestica in the first quarter valued at about $563,000. Finally, Glenmede Trust Co. NA raised its position in Celestica by 1.7% in the first quarter. Glenmede Trust Co. NA now owns 4,438 shares of the technology company’s stock worth $1,250,000 after purchasing an additional 75 shares in the last quarter. Institutional investors own 67.38% of the company’s stock.

Celestica News Summary

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Zacks highlighted Celestica as a GARP stock with solid growth potential and attractive valuation, which supports the bullish case for CLS. Add These 4 GARP Stocks to Your Portfolio to Receive Handsome Returns
• Positive Sentiment: Another Zacks note said Celestica has been showing up frequently in investor searches, suggesting growing interest and speculative demand for the stock. Celestica, Inc. (CLS) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Independent commentary also pointed to Celestica as a possible beneficiary of rising data-center demand, a broader industry tailwind that may help the company’s long-term outlook. Celestica, Inc. (CLS) is Attracting Investor Attention: Here is What You Should Know
• Negative Sentiment: CFO Mandeep Chawla sold 17,000 shares, which may be viewed as a cautionary signal because it adds to recent insider selling. SEC filing for Mandeep Chawla sale
• Negative Sentiment: CEO Robert Mionis sold multiple blocks of shares over June 15-17, a larger insider-sales cluster that could weigh on sentiment as investors question whether management is taking profits after a strong run. SEC filing for Robert Mionis sale

Analyst Ratings Changes

CLS has been the topic of several research reports. Rothschild & Co Redburn began coverage on shares of Celestica in a report on Friday, May 1st. They set a “buy” rating and a $460.00 price objective on the stock. JPMorgan Chase & Co. increased their target price on shares of Celestica from $410.00 to $425.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. Susquehanna lifted their target price on Celestica from $460.00 to $510.00 and gave the stock a “positive” rating in a research report on Wednesday, April 29th. TD Securities upgraded Celestica from a “hold” rating to a “buy” rating and set a $430.00 price target on the stock in a research note on Wednesday, April 29th. Finally, Weiss Ratings upgraded Celestica from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and three have assigned 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 $427.42.

About Celestica

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.