Celsius Holdings Inc. $CELH Shares Sold by South Dakota Investment Council

South Dakota Investment Council lowered its position in Celsius Holdings Inc. (NASDAQ:CELH) by 43.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 135,223 shares of the company’s stock after selling 106,029 shares during the quarter. South Dakota Investment Council owned 0.05% of Celsius worth $7,774,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Harbor Investment Advisory LLC acquired a new position in Celsius in the 3rd quarter valued at about $27,000. Hantz Financial Services Inc. raised its stake in Celsius by 1,476.0% during the second quarter. Hantz Financial Services Inc. now owns 788 shares of the company’s stock worth $37,000 after purchasing an additional 738 shares during the period. Cullen Frost Bankers Inc. boosted its holdings in Celsius by 697.3% in the third quarter. Cullen Frost Bankers Inc. now owns 901 shares of the company’s stock valued at $52,000 after acquiring an additional 788 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of Celsius by 244.3% in 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. Finally, Clearstead Advisors LLC grew its stake in Celsius by 52.7% during the third quarter. Clearstead Advisors LLC now owns 916 shares of the company’s stock worth $53,000 after buying an additional 316 shares during the period. 60.95% of the stock is currently owned by institutional investors and hedge funds.

Celsius Price Performance

Shares of Celsius stock opened at $47.11 on Wednesday. The stock has a market cap of $12.14 billion, a PE ratio of 188.44, a price-to-earnings-growth ratio of 1.63 and a beta of 0.89. Celsius Holdings Inc. has a 52 week low of $24.04 and a 52 week high of $66.74. 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 company’s 50-day moving average price is $49.81 and its two-hundred day moving average price is $51.95.

Celsius (NASDAQ:CELH) last posted its quarterly earnings results on Thursday, February 26th. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.07. The company had revenue of $721.63 million for the quarter, compared to analysts’ expectations of $638.17 million. Celsius had a return on equity of 37.68% and a net margin of 4.29%.The firm’s revenue was up 117.2% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.11) earnings per share. As a group, sell-side analysts anticipate that Celsius Holdings Inc. will post 0.89 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on CELH shares. Citigroup decreased their target price on Celsius from $73.00 to $65.00 and set a “buy” rating for the company in a research report on Friday, November 7th. Weiss Ratings reissued a “sell (d+)” rating on shares of Celsius in a report on Monday, December 29th. UBS Group reiterated a “buy” rating and issued a $70.00 price target (up from $65.00) on shares of Celsius in a report on Wednesday, January 14th. KeyCorp assumed coverage on shares of Celsius in a report on Tuesday, December 16th. They set a “sector weight” rating on the stock. Finally, Roth Mkm restated a “buy” rating on shares of Celsius in a research note on Monday, February 9th. Nineteen research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $67.72.

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.