Savoir Faire Capital Management L.P. Sells 19,452 Shares of Celsius Holdings Inc. $CELH

Savoir Faire Capital Management L.P. decreased its holdings in Celsius Holdings Inc. (NASDAQ:CELH) by 23.4% in the 4th quarter, HoldingsChannel reports. The firm owned 63,696 shares of the company’s stock after selling 19,452 shares during the quarter. Celsius accounts for approximately 1.4% of Savoir Faire Capital Management L.P.’s portfolio, making the stock its 28th largest position. Savoir Faire Capital Management L.P.’s holdings in Celsius were worth $2,913,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Harbor Investment Advisory LLC bought a new stake in shares of Celsius during the third quarter worth $27,000. Flagship Harbor Advisors LLC bought a new position in shares of Celsius in the fourth quarter valued at about $31,000. Brown Brothers Harriman & Co. raised its holdings in shares of Celsius by 1,020.4% in the third quarter. Brown Brothers Harriman & Co. now owns 549 shares of the company’s stock valued at $32,000 after buying an additional 500 shares during the last quarter. SOA Wealth Advisors LLC. acquired a new position in Celsius during the 4th quarter worth about $46,000. Finally, EverSource Wealth Advisors LLC lifted its position in Celsius by 244.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,119 shares of the company’s stock worth $52,000 after buying an additional 794 shares in the last quarter. Institutional investors and hedge funds own 60.95% of the company’s stock.

Celsius Stock Up 2.8%

Shares of NASDAQ CELH opened at $33.57 on Friday. Celsius Holdings Inc. has a 1 year low of $32.01 and a 1 year high of $66.74. The firm’s 50-day moving average is $39.53 and its 200-day moving average is $45.96. The company has a current ratio of 1.68, a quick ratio of 1.37 and a debt-to-equity ratio of 0.57. The firm has a market capitalization of $8.62 billion, a PE ratio of 134.28, a price-to-earnings-growth ratio of 1.18 and a beta of 1.13.

Celsius (NASDAQ:CELH) last posted its quarterly earnings results on Thursday, February 26th. The company reported $0.26 earnings per share 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 business had revenue of $721.63 million during the quarter, compared to the consensus estimate of $638.17 million. During the same period in the previous year, the firm posted ($0.11) earnings per share. Celsius’s revenue for the quarter was up 117.2% compared to the same quarter last year. Equities analysts expect that Celsius Holdings Inc. will post 1.6 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts have weighed in on the stock. Citigroup lowered their price objective on shares of Celsius from $65.00 to $60.00 and set a “buy” rating for the company in a research report on Wednesday, April 15th. Morgan Stanley reiterated an “overweight” rating and set a $64.00 target price on shares of Celsius in a research report on Tuesday, March 17th. Deutsche Bank Aktiengesellschaft set a $41.00 price target on shares of Celsius in a research note on Thursday. TD Cowen lowered their price target on shares of Celsius from $66.00 to $55.00 and set a “buy” rating for the company in a report on Monday, April 20th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Celsius from $68.00 to $77.00 and gave the stock an “overweight” rating in a research report on Thursday, January 29th. Twenty equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $65.72.

About Celsius

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.