Falcon Wealth Planning acquired a new stake in shares of Celsius Holdings, Inc. (NASDAQ:CELH – Get Rating) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 11,800 shares of the company's stock, valued at approximately $770,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. State of Alaska Department of Revenue raised its position in Celsius by 9.1% during the second quarter. State of Alaska Department of Revenue now owns 29,072 shares of the company's stock valued at $1,897,000 after buying an additional 2,430 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of Celsius by 78.7% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 19,636 shares of the company's stock worth $1,083,000 after purchasing an additional 8,650 shares in the last quarter. Capital International Investors acquired a new stake in shares of Celsius during the first quarter worth approximately $93,034,000. Avalon Investment & Advisory grew its position in Celsius by 12.9% during the first quarter. Avalon Investment & Advisory now owns 41,095 shares of the company's stock valued at $2,268,000 after purchasing an additional 4,691 shares in the last quarter. Finally, Future Fund LLC increased its stake in Celsius by 17.1% in the 1st quarter. Future Fund LLC now owns 8,123 shares of the company's stock valued at $448,000 after buying an additional 1,186 shares during the period. 55.30% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, CEO John Fieldly sold 70,000 shares of the company's stock in a transaction on Wednesday, August 24th. The shares were sold at an average price of $115.55, for a total transaction of $8,088,500.00. Following the completion of the sale, the chief executive officer now directly owns 311,619 shares of the company's stock, valued at approximately $36,007,575.45. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In other Celsius news, Director Hal Kravitz sold 5,000 shares of the stock in a transaction on Tuesday, August 23rd. The shares were sold at an average price of $110.00, for a total value of $550,000.00. Following the completion of the sale, the director now directly owns 21,797 shares of the company's stock, valued at approximately $2,397,670. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO John Fieldly sold 70,000 shares of the business's stock in a transaction dated Wednesday, August 24th. The stock was sold at an average price of $115.55, for a total transaction of $8,088,500.00. Following the transaction, the chief executive officer now owns 311,619 shares in the company, valued at approximately $36,007,575.45. The disclosure for this sale can be found here. Insiders have sold a total of 278,500 shares of company stock valued at $26,796,940 over the last 90 days. 2.70% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Celsius Trading Up 3.3 %

Celsius stock traded up $2.97 during mid-day trading on Wednesday, hitting $92.80. 20,383 shares of the company's stock were exchanged, compared to its average volume of 1,275,411. Celsius Holdings, Inc. has a 1-year low of $38.31 and a 1-year high of $118.19. The stock has a 50 day moving average of $98.67 and a two-hundred day moving average of $73.44. The stock has a market cap of $7.02 billion, a P/E ratio of 234.69 and a beta of 1.91.

Celsius (NASDAQ:CELH – Get Rating) last released its quarterly earnings results on Tuesday, August 9th. The company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.08 by $0.04. Celsius had a return on equity of 13.83% and a net margin of 6.27%. The company had revenue of $154.02 million during the quarter, compared to the consensus estimate of $148.74 million. During the same quarter in the prior year, the company posted $0.05 EPS. The firm's revenue was up 136.7% on a year-over-year basis. As a group, research analysts predict that Celsius Holdings, Inc. will post 0.44 EPS for the current fiscal year.

Celsius Company Profile

(Get Rating)

Celsius Holdings, Inc develops, processes, markets, distributes, and sells functional drinks and liquid supplements in North America, Europe, Asia, and internationally. It offers various carbonated and non-carbonated functional energy drinks under the CELSIUS Originals name; dietary supplement in carbonated flavors, including apple jack'd, orangesicle, inferno punch, cherry lime, blueberry pomegranate, strawberry dragon fruit, tangerine grapefruit, and jackfruit under the CELSIUS HEAT name; and branched-chain amino acids functional energy drink that fuels muscle recovery under the CELSIUS BCCA+ENERGY name.

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