Capital Advisors Inc. OK Buys Shares of 20,000 Celsius Holdings, Inc. (NASDAQ:CELH)

Capital Advisors Inc. OK purchased a new position in shares of Celsius Holdings, Inc. (NASDAQ:CELH) during the fourth quarter, HoldingsChannel reports. The fund purchased 20,000 shares of the company’s stock, valued at approximately $527,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Livforsakringsbolaget Skandia Omsesidigt acquired a new stake in Celsius during the 3rd quarter worth $34,000. Signaturefd LLC increased its holdings in shares of Celsius by 48.3% in the third quarter. Signaturefd LLC now owns 1,160 shares of the company’s stock worth $36,000 after acquiring an additional 378 shares in the last quarter. S.A. Mason LLC raised its position in shares of Celsius by 100.0% during the fourth quarter. S.A. Mason LLC now owns 1,400 shares of the company’s stock worth $37,000 after purchasing an additional 700 shares during the period. Activest Wealth Management bought a new position in shares of Celsius during the 3rd quarter valued at about $39,000. Finally, Blue Trust Inc. lifted its holdings in shares of Celsius by 69.0% during the 3rd quarter. Blue Trust Inc. now owns 1,345 shares of the company’s stock valued at $42,000 after purchasing an additional 549 shares in the last quarter. 60.95% of the stock is owned by institutional investors.

Insider Transactions at Celsius

In other news, major shareholder William H. Milmoe sold 65,000 shares of Celsius stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $31.15, for a total transaction of $2,024,750.00. Following the completion of the transaction, the insider now directly owns 261,245 shares in the company, valued at approximately $8,137,781.75. The trade was a 19.92 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 2.20% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Truist Financial raised their target price on shares of Celsius from $30.00 to $35.00 and gave the stock a “hold” rating in a report on Wednesday, October 16th. B. Riley cut their price objective on shares of Celsius from $50.00 to $47.00 and set a “buy” rating on the stock in a research report on Monday, November 4th. Roth Mkm reduced their target price on shares of Celsius from $40.00 to $38.00 and set a “buy” rating for the company in a research note on Monday, December 16th. Deutsche Bank Aktiengesellschaft initiated coverage on Celsius in a research note on Thursday, December 12th. They issued a “hold” rating and a $32.00 price target on the stock. Finally, LADENBURG THALM/SH SH reduced their price objective on Celsius from $72.00 to $68.00 and set a “neutral” rating for the company in a research report on Monday, October 21st. One investment analyst has rated the stock with a sell rating, five have given a hold rating and twelve have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $47.56.

Celsius Trading Down 3.4 %

NASDAQ:CELH opened at $21.28 on Thursday. The stock has a market capitalization of $5.00 billion, a PE ratio of 29.56, a P/E/G ratio of 2.44 and a beta of 1.78. The firm has a fifty day simple moving average of $26.90 and a 200 day simple moving average of $31.31. Celsius Holdings, Inc. has a 1-year low of $21.10 and a 1-year high of $99.62.

Celsius Profile

Celsius Holdings, Inc develops, processes, markets, distributes, and sells functional energy drinks and liquid supplements in the United States, Australia, New Zealand, Canadian, European, Middle Eastern, Asia-Pacific, and internationally. The company offers CELSIUS, a fitness drink or supplement designed to accelerate metabolism and burn body fat; various flavors and carbonated and non-carbonated functional energy drinks under the CELSIUS Originals and Vibe name, as well as functional energy drink under the CELSIUS Essentials and CELSIUS On-the-Go Powder names; and CELSIUS ready-to drink products.