Celestica (NYSE:CLS) President Jason Phillips Sells 100,000 Shares

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

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 Price Performance

NYSE CLS traded up $12.47 during trading hours on Friday, reaching $307.36. 3,579,146 shares of the company’s stock were exchanged, compared to its average volume of 3,360,472. The firm has a fifty day moving average of $307.87 and a 200-day moving average of $270.11. The company has a current ratio of 1.47, a quick ratio of 0.88 and a debt-to-equity ratio of 0.37. Celestica, Inc. has a one year low of $58.05 and a one year high of $363.40. The stock has a market cap of $35.36 billion, a PE ratio of 42.81 and a beta of 1.86.

Celestica News Roundup

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

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on CLS shares. JPMorgan Chase & Co. increased their price target on shares of Celestica from $295.00 to $360.00 and gave the company an “overweight” rating in a research report on Wednesday, October 29th. Zacks Research lowered shares of Celestica from a “strong-buy” rating to a “hold” rating in a report on Monday, December 29th. Bank of America started coverage on shares of Celestica in a research report on Wednesday, January 28th. They set a “buy” rating and a $400.00 price target on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Celestica in a report on Wednesday, January 21st. Finally, UBS Group raised their price objective on Celestica from $208.00 to $350.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 29th. Fifteen analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $356.59.

Institutional Trading of Celestica

Hedge funds and other institutional investors have recently modified their holdings of the stock. Golden State Wealth Management LLC boosted its holdings in shares of Celestica by 102.5% in the 2nd quarter. Golden State Wealth Management LLC now owns 164 shares of the technology company’s stock valued at $26,000 after buying an additional 83 shares during the last quarter. Cullen Frost Bankers Inc. acquired a new stake in Celestica in the fourth quarter valued at $30,000. MassMutual Private Wealth & Trust FSB grew its position in shares of Celestica by 42.5% in the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 124 shares of the technology company’s stock valued at $31,000 after acquiring an additional 37 shares during the period. First Horizon Corp bought a new position in shares of Celestica in the 3rd quarter valued at about $31,000. Finally, Atlantic Edge Private Wealth Management LLC acquired a new position in shares of Celestica during the 4th quarter worth about $38,000. Institutional investors and hedge funds own 67.38% of the company’s 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.