California Public Employees Retirement System Reduces Stock Holdings in Celsius Holdings Inc. $CELH

California Public Employees Retirement System lowered its stake in Celsius Holdings Inc. (NASDAQ:CELH) by 20.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 232,358 shares of the company’s stock after selling 58,511 shares during the period. California Public Employees Retirement System’s holdings in Celsius were worth $8,244,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Flagship Harbor Advisors LLC bought a new position in Celsius in the 4th quarter worth $31,000. Fideuram Asset Management Ireland dac purchased a new stake in shares of Celsius in the 4th quarter worth about $31,000. Brown Brothers Harriman & Co. boosted its stake in shares of Celsius by 1,020.4% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 549 shares of the company’s stock valued at $32,000 after purchasing an additional 500 shares in the last quarter. SOA Wealth Advisors LLC. bought a new stake in shares of Celsius during the 4th quarter valued at about $46,000. Finally, EverSource Wealth Advisors LLC boosted its stake in shares of Celsius by 244.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,119 shares of the company’s stock valued at $52,000 after purchasing an additional 794 shares in the last quarter. 60.95% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on CELH shares. Jefferies Financial Group reissued a “buy” rating on shares of Celsius in a research note on Tuesday, May 19th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $44.00 price objective on shares of Celsius in a report on Friday, May 8th. JPMorgan Chase & Co. cut their price objective on Celsius from $77.00 to $67.00 and set an “overweight” rating on the stock in a research report on Monday, May 4th. BNP Paribas Exane reiterated an “outperform” rating and set a $57.00 target price (down from $70.00) on shares of Celsius in a report on Tuesday, May 26th. Finally, Roth Capital reissued a “buy” rating and issued a $57.00 target price (down from $65.00) on shares of Celsius in a research report on Thursday, June 25th. Twenty-one analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $58.65.

Celsius Stock Down 0.2%

CELH stock opened at $27.12 on Friday. Celsius Holdings Inc. has a twelve month low of $26.54 and a twelve month high of $66.74. The company has a quick ratio of 1.43, a current ratio of 1.77 and a debt-to-equity ratio of 0.53. The firm has a market cap of $6.93 billion, a PE ratio of 63.07, a price-to-earnings-growth ratio of 1.08 and a beta of 0.94. The business has a 50 day moving average of $29.84 and a 200 day moving average of $38.25.

Celsius (NASDAQ:CELH) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.12. Celsius had a return on equity of 37.95% and a net margin of 5.85%.The business had revenue of $782.62 million during the quarter, compared to analysts’ expectations of $763.08 million. During the same quarter in the previous year, the business earned $0.18 earnings per share. The firm’s quarterly revenue was up 137.7% compared to the same quarter last year. On average, research analysts forecast that Celsius Holdings Inc. will post 1.59 EPS for the current fiscal year.

Insider Activity

In related news, Director Hal Kravitz purchased 8,400 shares of the stock in a transaction dated Friday, May 22nd. The stock was purchased at an average price of $29.73 per share, with a total value of $249,732.00. Following the transaction, the director directly owned 227,158 shares in the company, valued at $6,753,407.34. This trade represents a 3.84% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO John Fieldly purchased 8,475 shares of the company’s stock in a transaction that occurred on Friday, May 22nd. The stock was purchased at an average price of $29.36 per share, for a total transaction of $248,826.00. Following the purchase, the chief executive officer owned 937,540 shares in the company, valued at $27,526,174.40. This represents a 0.91% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 2.33% of the stock is owned by 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.