Interval Partners LP Trims Stake in Celsius Holdings Inc. $CELH

Interval Partners LP trimmed its holdings in shares of Celsius Holdings Inc. (NASDAQ:CELH) by 69.6% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 470,331 shares of the company’s stock after selling 1,074,430 shares during the period. Interval Partners LP’s holdings in Celsius were worth $21,513,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Vanguard Group Inc. grew its position in Celsius by 4.6% during the fourth quarter. Vanguard Group Inc. now owns 18,074,995 shares of the company’s stock worth $826,750,000 after buying an additional 802,743 shares in the last quarter. Geode Capital Management LLC grew its position in Celsius by 8.4% during the fourth quarter. Geode Capital Management LLC now owns 3,565,409 shares of the company’s stock worth $163,112,000 after buying an additional 277,424 shares in the last quarter. Norges Bank purchased a new position in Celsius during the fourth quarter worth about $140,803,000. Massachusetts Financial Services Co. MA purchased a new position in Celsius during the fourth quarter worth about $115,321,000. Finally, Ameriprise Financial Inc. grew its position in Celsius by 20.9% during the second 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 in the last quarter. 60.95% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Hal Kravitz purchased 8,400 shares of the company’s stock in a transaction on 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 completion of the purchase, the director directly owned 227,158 shares in the company, valued at approximately $6,753,407.34. This trade represents a 3.84% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CEO John Fieldly purchased 8,475 shares of the company’s stock in a transaction on Friday, May 22nd. The shares were purchased at an average cost of $29.36 per share, with a total value of $248,826.00. Following the purchase, the chief executive officer owned 937,540 shares of the company’s stock, valued at approximately $27,526,174.40. The trade was a 0.91% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders own 2.33% of the company’s stock.

Celsius Trading Up 1.2%

Shares of CELH stock opened at $30.38 on Thursday. 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 business has a 50-day moving average price of $31.58 and a two-hundred day moving average price of $40.84. Celsius Holdings Inc. has a 12-month low of $27.47 and a 12-month high of $66.74. The firm has a market cap of $7.77 billion, a P/E ratio of 70.65, a price-to-earnings-growth ratio of 1.14 and a beta of 0.93.

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

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. Morgan Stanley upgraded Celsius from an “overweight” rating to an “overweight” rating in a research report on Thursday, June 4th. Needham & Company LLC boosted their target price on Celsius from $70.00 to $75.00 and gave the stock a “buy” rating in a research report on Friday, February 27th. Roth Mkm restated a “buy” rating on shares of Celsius in a research report on Friday, May 8th. TD Cowen reduced their target price on Celsius from $66.00 to $55.00 and set a “buy” rating for the company in a research report on Monday, April 20th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $44.00 target price on shares of Celsius in a research report on Friday, May 8th. Twenty-one research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $63.50.

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.