Virtu Financial LLC Buys 3,754 Shares of Celsius Holdings, Inc. (NASDAQ:CELH)

Virtu Financial LLC increased its stake in shares of Celsius Holdings, Inc. (NASDAQ:CELH) by 26.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,010 shares of the company’s stock after acquiring an additional 3,754 shares during the quarter. Virtu Financial LLC’s holdings in Celsius were worth $982,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. Cary Street Partners Investment Advisory LLC lifted its stake in shares of Celsius by 1,350.0% in the third quarter. Cary Street Partners Investment Advisory LLC now owns 145 shares of the company’s stock valued at $25,000 after buying an additional 135 shares in the last quarter. Lido Advisors LLC raised its holdings in shares of Celsius by 8.9% in the third quarter. Lido Advisors LLC now owns 2,506 shares of the company’s stock valued at $430,000 after purchasing an additional 205 shares during the last quarter. Teacher Retirement System of Texas raised its holdings in shares of Celsius by 4.2% in the fourth quarter. Teacher Retirement System of Texas now owns 6,885 shares of the company’s stock valued at $375,000 after purchasing an additional 280 shares during the last quarter. Mariner LLC raised its holdings in shares of Celsius by 7.2% in the third quarter. Mariner LLC now owns 4,838 shares of the company’s stock valued at $830,000 after purchasing an additional 327 shares during the last quarter. Finally, Global Retirement Partners LLC raised its holdings in shares of Celsius by 100.9% in the fourth quarter. Global Retirement Partners LLC now owns 677 shares of the company’s stock valued at $41,000 after purchasing an additional 340 shares during the last quarter. 60.95% of the stock is owned by institutional investors.

Celsius Price Performance

CELH stock traded down $2.09 during midday trading on Friday, reaching $59.96. The company had a trading volume of 5,231,788 shares, compared to its average volume of 5,133,719. Celsius Holdings, Inc. has a 1 year low of $45.03 and a 1 year high of $99.62. The company has a market capitalization of $13.98 billion, a P/E ratio of 65.89, a P/E/G ratio of 1.69 and a beta of 1.93. The firm has a 50-day moving average price of $78.46 and a 200-day moving average price of $69.57.

Celsius (NASDAQ:CELH) last announced its quarterly earnings data on Tuesday, May 7th. The company reported $0.27 earnings per share for the quarter, topping analysts’ consensus estimates of $0.20 by $0.07. The firm had revenue of $355.70 million during the quarter, compared to analyst estimates of $390.37 million. Celsius had a net margin of 18.63% and a return on equity of 111.29%. The business’s quarterly revenue was up 36.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.13 EPS. On average, equities analysts predict that Celsius Holdings, Inc. will post 1.09 EPS for the current year.

Insider Activity at Celsius

In related news, major shareholder William H. Milmoe sold 428,568 shares of the company’s stock in a transaction on Monday, April 29th. The shares were sold at an average price of $59.67, for a total transaction of $25,572,652.56. Following the completion of the sale, the insider now directly owns 25,464,453 shares in the company, valued at approximately $1,519,463,910.51. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other Celsius news, major shareholder William H. Milmoe sold 40,000 shares of the company’s stock in a transaction on Friday, May 17th. The shares were sold at an average price of $92.95, for a total value of $3,718,000.00. Following the completion of the transaction, the insider now directly owns 226,245 shares in the company, valued at approximately $21,029,472.75. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder William H. Milmoe sold 428,568 shares of the company’s stock in a transaction on Monday, April 29th. The stock was sold at an average price of $59.67, for a total transaction of $25,572,652.56. Following the completion of the transaction, the insider now owns 25,464,453 shares of the company’s stock, valued at $1,519,463,910.51. The disclosure for this sale can be found here. Insiders sold 1,776,696 shares of company stock worth $107,920,209 in the last three months. 2.20% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several brokerages have recently commented on CELH. Wedbush decreased their price objective on shares of Celsius from $85.00 to $83.00 and set an “outperform” rating for the company in a report on Wednesday. Bank of America raised their price objective on shares of Celsius from $80.00 to $84.00 and gave the stock a “neutral” rating in a report on Wednesday, May 29th. Stifel Nicolaus decreased their price objective on shares of Celsius from $95.00 to $85.00 and set a “buy” rating for the company in a report on Wednesday. Maxim Group raised their price objective on shares of Celsius from $100.00 to $110.00 and gave the stock a “buy” rating in a report on Monday, April 1st. Finally, Morgan Stanley decreased their price objective on shares of Celsius from $75.00 to $68.00 and set an “equal weight” rating for the company in a report on Wednesday. Two research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $87.56.

About Celsius

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.