Crossmark Global Holdings Inc. Purchases 834 Shares of Celsius Holdings, Inc. (NASDAQ:CELH)

Crossmark Global Holdings Inc. raised its position in shares of Celsius Holdings, Inc. (NASDAQ:CELH) by 8.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,723 shares of the company’s stock after purchasing an additional 834 shares during the period. Crossmark Global Holdings Inc.’s holdings in Celsius were worth $336,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CELH. S.A. Mason LLC bought a new stake in shares of Celsius during the 2nd quarter worth $30,000. EverSource Wealth Advisors LLC raised its stake in Celsius by 3,116.7% during the first quarter. EverSource Wealth Advisors LLC now owns 386 shares of the company’s stock worth $32,000 after acquiring an additional 374 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt bought a new position in shares of Celsius in the third quarter worth about $34,000. Signaturefd LLC boosted its stake in shares of Celsius by 48.3% in the 3rd quarter. Signaturefd LLC now owns 1,160 shares of the company’s stock valued at $36,000 after purchasing an additional 378 shares in the last quarter. Finally, Benjamin F. Edwards & Company Inc. grew its holdings in shares of Celsius by 353.1% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 648 shares of the company’s stock valued at $37,000 after purchasing an additional 505 shares during the last quarter. 60.95% of the stock is currently owned by institutional investors.

Celsius Stock Performance

NASDAQ:CELH opened at $25.66 on Monday. Celsius Holdings, Inc. has a 52 week low of $25.50 and a 52 week high of $99.62. The firm’s fifty day moving average is $31.41 and its 200-day moving average is $49.47. The firm has a market cap of $6.03 billion, a P/E ratio of 35.64, a P/E/G ratio of 2.95 and a beta of 1.86.

Insider Buying and Selling at Celsius

In other Celsius news, CEO John Fieldly sold 74,847 shares of the business’s stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of $32.80, for a total value of $2,454,981.60. Following the transaction, the chief executive officer now directly owns 1,812,490 shares of the company’s stock, valued at approximately $59,449,672. The trade was a 3.97 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 2.20% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Stifel Nicolaus dropped their price objective on shares of Celsius from $51.00 to $45.00 and set a “buy” rating for the company in a research note on Thursday, November 7th. Maxim Group cut their price objective on Celsius from $65.00 to $50.00 and set a “buy” rating on the stock in a report on Thursday, September 5th. UBS Group reduced their price objective on Celsius from $50.00 to $45.00 and set a “buy” rating on the stock in a research report on Thursday, November 7th. Jefferies Financial Group dropped their target price on Celsius from $53.00 to $48.00 and set a “buy” rating for the company in a research report on Thursday, October 10th. Finally, Morgan Stanley restated an “equal weight” rating and set a $50.00 price target on shares of Celsius in a report on Tuesday, August 20th. One equities research 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’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $54.40.

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.