Geode Capital Management LLC Boosts Position in Celsius Holdings Inc. $CELH

Geode Capital Management LLC grew its holdings in shares of Celsius Holdings Inc. (NASDAQ:CELH) by 8.4% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 3,565,409 shares of the company’s stock after acquiring an additional 277,424 shares during the quarter. Geode Capital Management LLC’s holdings in Celsius were worth $163,112,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. increased its stake in shares of Celsius by 2,293.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 41,747 shares of the company’s stock valued at $1,952,000 after buying an additional 40,003 shares during the period. SBI Securities Co. Ltd. increased its stake in shares of Celsius by 342.2% during the fourth quarter. SBI Securities Co. Ltd. now owns 150,438 shares of the company’s stock valued at $6,881,000 after buying an additional 116,414 shares during the period. Vanguard Group Inc. increased its stake in shares of Celsius by 4.6% during the fourth quarter. Vanguard Group Inc. now owns 18,074,995 shares of the company’s stock valued at $826,750,000 after buying an additional 802,743 shares during the period. OFI Invest Asset Management purchased a new position in shares of Celsius during the fourth quarter valued at approximately $22,705,000. Finally, Massachusetts Financial Services Co. MA purchased a new position in shares of Celsius during the fourth quarter valued at approximately $115,321,000. 60.95% of the stock is owned by hedge funds and other institutional investors.

Celsius Trading Down 1.7%

NASDAQ CELH opened at $30.01 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. Celsius Holdings Inc. has a twelve month low of $27.66 and a twelve month high of $66.74. The firm has a market capitalization of $7.67 billion, a PE ratio of 69.79, a P/E/G ratio of 1.16 and a beta of 0.93. The stock’s 50 day moving average is $32.85 and its 200 day moving average is $41.66.

Celsius (NASDAQ:CELH) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.41 earnings per share for the quarter, beating 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 company had revenue of $782.62 million for the quarter, compared to analyst estimates of $763.08 million. During the same period in the previous year, the company posted $0.18 earnings per share. The firm’s revenue was up 137.7% on a year-over-year basis. Research analysts forecast that Celsius Holdings Inc. will post 1.59 earnings per share for the current fiscal year.

Insider Buying and Selling at Celsius

In related news, Director Hal Kravitz bought 8,400 shares of the company’s stock in a transaction on Friday, May 22nd. The shares were acquired at an average cost of $29.73 per share, with a total value of $249,732.00. Following the completion of the acquisition, the director owned 227,158 shares of the company’s stock, valued at $6,753,407.34. The trade was a 3.84% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO John Fieldly bought 8,475 shares of the company’s stock in a transaction on Friday, May 22nd. The stock was bought at an average cost of $29.36 per share, for a total transaction of $248,826.00. Following the completion of the acquisition, the chief executive officer directly owned 937,540 shares of the company’s stock, valued at approximately $27,526,174.40. This represents a 0.91% increase in their position. The SEC filing for this purchase provides additional information. Insiders own 2.33% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on CELH. Rothschild & Co Redburn initiated coverage on Celsius in a research note on Wednesday, May 6th. They set a “neutral” rating and a $47.00 target price on the stock. Needham & Company LLC lifted their price target on Celsius from $70.00 to $75.00 and gave the company a “buy” rating in a research report on Friday, February 27th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $44.00 price target on shares of Celsius in a research report on Friday, May 8th. Weiss Ratings upgraded Celsius from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Finally, JPMorgan Chase & Co. dropped their price target on Celsius from $77.00 to $67.00 and set an “overweight” rating on the stock in a research report on Monday, May 4th. Twenty equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, Celsius has a consensus rating of “Moderate Buy” and an average target price of $64.53.

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.