Holocene Advisors LP Has $109.07 Million Position in Celsius Holdings Inc. $CELH

Holocene Advisors LP lessened its holdings in Celsius Holdings Inc. (NASDAQ:CELH) by 10.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,897,124 shares of the company’s stock after selling 210,917 shares during the period. Holocene Advisors LP owned 0.74% of Celsius worth $109,066,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Alliancebernstein L.P. increased its holdings in shares of Celsius by 3.4% in the second quarter. Alliancebernstein L.P. now owns 18,662,921 shares of the company’s stock valued at $865,773,000 after purchasing an additional 617,743 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in shares of Celsius by 20.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,470,088 shares of the company’s stock worth $114,587,000 after buying an additional 426,623 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of Celsius by 13.0% during the 3rd quarter. Invesco Ltd. now owns 1,801,922 shares of the company’s stock worth $103,592,000 after buying an additional 207,824 shares during the period. BNP Paribas Financial Markets boosted its holdings in shares of Celsius by 389.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 1,713,170 shares of the company’s stock worth $98,490,000 after buying an additional 1,362,867 shares during the period. Finally, Divisadero Street Capital Management LP grew its stake in Celsius by 89.4% in the 2nd quarter. Divisadero Street Capital Management LP now owns 1,497,450 shares of the company’s stock valued at $69,467,000 after buying an additional 706,888 shares during the last quarter. Institutional investors and hedge funds own 60.95% of the company’s stock.

Celsius Price Performance

Shares of Celsius stock opened at $44.57 on Monday. The company has a quick ratio of 1.37, a current ratio of 1.68 and a debt-to-equity ratio of 0.57. The stock has a market capitalization of $11.45 billion, a price-to-earnings ratio of 178.28, a price-to-earnings-growth ratio of 1.47 and a beta of 0.89. Celsius Holdings Inc. has a twelve month low of $26.36 and a twelve month high of $66.74. The company has a 50-day simple moving average of $49.56 and a two-hundred day simple moving average of $51.02.

Celsius (NASDAQ:CELH) last announced its earnings results on Thursday, February 26th. The company reported $0.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.07. Celsius had a net margin of 4.29% and a return on equity of 37.68%. The firm had revenue of $721.63 million for the quarter, compared to analyst estimates of $638.17 million. During the same quarter in the prior year, the business posted ($0.11) EPS. The business’s revenue was up 117.2% compared to the same quarter last year. Analysts forecast that Celsius Holdings Inc. will post 0.89 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on CELH shares. Needham & Company LLC increased their price target on shares of Celsius from $70.00 to $75.00 and gave the company a “buy” rating in a report on Friday, February 27th. KeyCorp began coverage on Celsius in a report on Tuesday, December 16th. They set a “sector weight” rating for the company. Weiss Ratings raised Celsius from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, March 4th. Roth Mkm reiterated a “buy” rating on shares of Celsius in a research note on Monday, February 9th. Finally, JPMorgan Chase & Co. lifted their price target on Celsius from $68.00 to $77.00 and gave the stock an “overweight” rating in a report on Thursday, January 29th. Nineteen analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, Celsius presently has an average rating of “Moderate Buy” and a consensus price target of $67.72.

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.