Moody National Bank Trust Division Raises Stock Position in Celsius Holdings, Inc. (NASDAQ:CELH)

Moody National Bank Trust Division boosted its position in Celsius Holdings, Inc. (NASDAQ:CELH) by 26.3% during the 4th quarter, HoldingsChannel.com reports. The firm owned 26,826 shares of the company’s stock after purchasing an additional 5,593 shares during the quarter. Moody National Bank Trust Division’s holdings in Celsius were worth $707,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Private Advisor Group LLC boosted its stake in Celsius by 36.3% during the second quarter. Private Advisor Group LLC now owns 13,594 shares of the company’s stock valued at $776,000 after buying an additional 3,620 shares during the period. Acadian Asset Management LLC purchased a new stake in shares of Celsius in the 2nd quarter valued at about $239,000. DekaBank Deutsche Girozentrale boosted its position in shares of Celsius by 49.1% during the 2nd quarter. DekaBank Deutsche Girozentrale now owns 39,734 shares of the company’s stock valued at $2,327,000 after acquiring an additional 13,081 shares during the last quarter. J.W. Cole Advisors Inc. grew its holdings in shares of Celsius by 25.2% during the second quarter. J.W. Cole Advisors Inc. now owns 7,034 shares of the company’s stock worth $402,000 after purchasing an additional 1,415 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA increased 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 worth $225,289,000 after purchasing an additional 2,754,722 shares during the last quarter. 60.95% of the stock is owned by institutional investors.

Celsius Trading Down 1.0 %

Celsius stock opened at $26.87 on Wednesday. The firm has a market cap of $6.32 billion, a P/E ratio of 37.32, a P/E/G ratio of 3.67 and a beta of 1.76. Celsius Holdings, Inc. has a 1-year low of $25.23 and a 1-year high of $99.62. The firm has a 50-day moving average of $28.23 and a 200-day moving average of $35.33.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Jefferies Financial Group dropped their target price on shares of Celsius from $44.00 to $40.00 and set a “buy” rating for the company in a research report on Thursday, December 19th. Roth Mkm cut their target price on shares of Celsius from $40.00 to $38.00 and set a “buy” rating for the company in a research report on Monday, December 16th. LADENBURG THALM/SH SH lowered their price target on Celsius from $72.00 to $68.00 and set a “neutral” rating on the stock in a research report on Monday, October 21st. Truist Financial increased their price objective on Celsius from $30.00 to $35.00 and gave the company a “hold” rating in a research report on Wednesday, October 16th. Finally, Needham & Company LLC restated a “buy” rating and issued a $38.00 target price on shares of Celsius in a research report on Monday, January 6th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and thirteen have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $50.28.

Insider Buying and Selling at Celsius

In related news, major shareholder William H. Milmoe sold 65,000 shares of the company’s 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 owns 261,245 shares in the company, valued at $8,137,781.75. This represents a 19.92 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.20% of the stock is currently owned by corporate insiders.

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.