Celsius Holdings, Inc. (NASDAQ:CELH) Shares Sold by Virtu Financial LLC

Virtu Financial LLC reduced its position in shares of Celsius Holdings, Inc. (NASDAQ:CELH) by 2.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 23,385 shares of the company’s stock after selling 542 shares during the period. Virtu Financial LLC’s holdings in Celsius were worth $733,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Arkadios Wealth Advisors boosted its stake in Celsius by 4.1% in the second quarter. Arkadios Wealth Advisors now owns 7,256 shares of the company’s stock valued at $414,000 after acquiring an additional 289 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in Celsius by 12.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,567 shares of the company’s stock valued at $147,000 after purchasing an additional 289 shares during the period. Assenagon Asset Management S.A. boosted its position in Celsius by 0.3% during the 3rd quarter. Assenagon Asset Management S.A. now owns 99,047 shares of the company’s stock valued at $3,106,000 after purchasing an additional 337 shares during the period. Arizona State Retirement System increased its position in Celsius by 0.9% in the second quarter. Arizona State Retirement System now owns 41,615 shares of the company’s stock worth $2,376,000 after buying an additional 375 shares during the period. Finally, Signaturefd LLC lifted its stake in Celsius by 48.3% in the third quarter. Signaturefd LLC now owns 1,160 shares of the company’s stock valued at $36,000 after buying an additional 378 shares during the last quarter. 60.95% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on CELH shares. B. Riley lowered their price target on shares of Celsius from $50.00 to $47.00 and set a “buy” rating for the company in a research report on Monday, November 4th. Jefferies Financial Group dropped their price target on shares of Celsius from $53.00 to $48.00 and set a “buy” rating on the stock in a research note on Thursday, October 10th. Truist Financial boosted their price objective on Celsius from $30.00 to $35.00 and gave the stock a “hold” rating in a research report on Wednesday, October 16th. Maxim Group lowered their target price on Celsius from $65.00 to $50.00 and set a “buy” rating on the stock in a research report on Thursday, September 5th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on Celsius in a research note on Thursday. They set a “hold” rating and a $32.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and thirteen have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $51.28.

Celsius Trading Down 0.6 %

Shares of NASDAQ CELH opened at $31.79 on Friday. The firm has a 50-day moving average of $30.05 and a two-hundred day moving average of $41.44. The company has a market capitalization of $7.47 billion, a price-to-earnings ratio of 44.15, a PEG ratio of 3.44 and a beta of 1.76. Celsius Holdings, Inc. has a twelve month low of $25.23 and a twelve month 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.