Celsius Holdings Inc. $CELH Stock: Pictet Asset Management Holding SA Decreases Position

Pictet Asset Management Holding SA lessened its position in shares of Celsius Holdings Inc. (NASDAQ:CELH) by 8.0% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 555,685 shares of the company’s stock after selling 48,602 shares during the period. Pictet Asset Management Holding SA’s holdings in Celsius were worth $15,198,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in CELH. Asset One Wealth Management LLC raised its position in Celsius by 395.7% during the third quarter. Asset One Wealth Management LLC now owns 48,969 shares of the company’s stock worth $1,339,000 after acquiring an additional 39,090 shares during the last quarter. Heritage Family Offices LLP purchased a new stake in Celsius in the 3rd quarter valued at approximately $25,000. Calamos Advisors LLC purchased a new stake in Celsius in the 3rd quarter valued at approximately $16,623,000. Kestra Advisory Services LLC grew its holdings in Celsius by 83.1% during the 3rd quarter. Kestra Advisory Services LLC now owns 128,020 shares of the company’s stock valued at $3,501,000 after buying an additional 58,088 shares during the last quarter. Finally, Chicago Partners Investment Group LLC purchased a new position in Celsius during the third quarter worth $308,000. 60.95% of the stock is currently owned by hedge funds and other institutional investors.

Celsius Stock Performance

Celsius stock opened at $31.89 on Friday. The stock’s 50-day moving average is $28.84 and its 200-day moving average is $33.67. The company has a market cap of $7.99 billion, a price-to-earnings ratio of 22.94, a price-to-earnings-growth ratio of 2.40 and a beta of 1.00. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.97 and a quick ratio of 1.58. Celsius Holdings Inc. has a 12 month low of $23.56 and a 12 month high of $59.31.

Celsius (NASDAQ:CELH) last issued its earnings results on Thursday, November 5th. The company reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.34 by $0.07. Celsius had a return on equity of 37.00% and a net margin of 10.01%. The business had revenue of $847.23 million during the quarter, compared to analysts’ expectations of $800.63 million. During the same quarter in the previous year, the business earned ($0.27) EPS. The company’s revenue for the quarter was up 16.8% on a year-over-year basis. Equities analysts anticipate that Celsius Holdings Inc. will post 1.44 earnings per share for the current year.

Analysts Set New Price Targets

CELH has been the topic of several recent research reports. Jefferies Financial Group restated a “buy” rating and issued a $42.00 price objective on shares of Celsius in a research report on Tuesday, October 6th. B. Riley Financial reaffirmed a “buy” rating and set a $53.00 price target (down from $56.00) on shares of Celsius in a research note on Friday, November 6th. Stephens cut their price objective on shares of Celsius from $65.00 to $50.00 and set an “overweight” rating for the company in a research report on Monday, August 10th. Sanford C. Bernstein cut shares of Celsius from an “outperform” rating to a “market perform” rating and lowered their target price for the stock from $44.00 to $26.00 in a research note on Friday, August 7th. Finally, Citigroup reduced their price target on Celsius from $50.00 to $40.00 and set a “buy” rating on the stock in a research note on Friday, August 7th. Fourteen investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Celsius has an average rating of “Moderate Buy” and a consensus target price of $42.39.

Insider Activity at Celsius

In related news, Director Hal Kravitz acquired 12,000 shares of Celsius stock in a transaction on Tuesday, September 15th. The shares were bought at an average price of $28.00 per share, for a total transaction of $336,000.00. Following the completion of the purchase, the director directly owned 239,158 shares in the company, valued at $6,696,424. This trade represents a 5.28% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Damon DeSantis bought 16,000 shares of the stock in a transaction dated Tuesday, September 15th. The stock was bought at an average price of $27.95 per share, with a total value of $447,200.00. Following the purchase, the director owned 2,728,187 shares of the company’s stock, valued at approximately $76,252,826.65. This represents a 0.59% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders purchased 66,000 shares of company stock worth $1,830,120. Corporate insiders own 2.33% of the company’s stock.

Celsius Company Profile

Celsius Holdings, Inc. develops, markets, and distributes functional energy drinks. Its products include CELSIUS and CELSIUS Essentials, positioned for active lifestyles, as well as the Alani Nu brand, which joined the company in 2025. Founded in 2004, the company sells its beverages in the United States and international markets. In the United States, PepsiCo is a key distribution partner. John Fieldly serves as Celsius Holdings’ chief executive officer.