Celsius Holdings, Inc. (NASDAQ:CELH) is APEIRON CAPITAL Ltd’s 8th Largest Position

APEIRON CAPITAL Ltd increased its stake in shares of Celsius Holdings, Inc. (NASDAQ:CELH) by 48.0% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 201,000 shares of the company’s stock after purchasing an additional 65,200 shares during the period. Celsius accounts for approximately 2.2% of APEIRON CAPITAL Ltd’s investment portfolio, making the stock its 8th biggest position. APEIRON CAPITAL Ltd owned approximately 0.09% of Celsius worth $6,303,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Massachusetts Financial Services Co. MA lifted its position in shares of Celsius by 231.2% in the second quarter. Massachusetts Financial Services Co. MA now owns 3,946,208 shares of the company’s stock valued at $225,289,000 after acquiring an additional 2,754,722 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Celsius by 18.7% during the first quarter. Vanguard Group Inc. now owns 16,313,762 shares of the company’s stock worth $1,352,737,000 after buying an additional 2,567,290 shares in the last quarter. Capital International Investors lifted its stake in shares of Celsius by 50.6% in the first quarter. Capital International Investors now owns 3,966,194 shares of the company’s stock worth $328,877,000 after buying an additional 1,333,217 shares in the last quarter. Capital Research Global Investors acquired a new position in Celsius during the first quarter worth about $99,746,000. Finally, GQG Partners LLC purchased a new stake in Celsius during the 1st quarter valued at about $76,352,000. 60.95% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Celsius news, CEO John Fieldly sold 74,847 shares of the firm’s stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of $32.80, for a total value of $2,454,981.60. Following the completion of the transaction, the chief executive officer now owns 1,812,490 shares of the company’s stock, valued at $59,449,672. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 2.20% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on CELH shares. LADENBURG THALM/SH SH dropped their price target on Celsius from $72.00 to $68.00 and set a “neutral” rating for the company in a research report on Monday, October 21st. TD Cowen dropped their target price on Celsius from $68.00 to $50.00 and set a “buy” rating for the company in a report on Wednesday, August 7th. B. Riley lowered their price target on shares of Celsius from $50.00 to $47.00 and set a “buy” rating on the stock in a research report on Monday. Maxim Group cut their price objective on shares of Celsius from $65.00 to $50.00 and set a “buy” rating for the company in a research report on Thursday, September 5th. Finally, Stifel Nicolaus decreased their target price on shares of Celsius from $51.00 to $45.00 and set a “buy” rating on the stock in a report on Thursday. One analyst has rated the stock with a sell rating, three have given a hold rating and eleven have issued a buy rating to the company. According to MarketBeat.com, Celsius presently has an average rating of “Moderate Buy” and an average target price of $54.40.

Celsius Stock Performance

Shares of CELH traded down $0.35 during midday trading on Friday, hitting $29.66. 1,661,303 shares of the stock were exchanged, compared to its average volume of 5,923,379. The firm has a market cap of $6.91 billion, a P/E ratio of 29.52, a P/E/G ratio of 2.43 and a beta of 1.86. Celsius Holdings, Inc. has a 52-week low of $27.78 and a 52-week high of $99.62. The stock has a fifty day simple moving average of $32.34 and a 200 day simple moving average of $51.49.

Celsius (NASDAQ:CELH) last issued its quarterly earnings results on Tuesday, August 6th. The company reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.05. The business had revenue of $402.00 million for the quarter, compared to analysts’ expectations of $391.07 million. Celsius had a net margin of 19.58% and a return on equity of 94.75%. The business’s quarterly revenue was up 23.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.17 earnings per share. As a group, equities research analysts forecast that Celsius Holdings, Inc. will post 0.79 EPS for the current fiscal year.

Celsius Company 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.