Left Brain Wealth Management LLC Increases Position in Celsius Holdings, Inc.

Left Brain Wealth Management LLC has significantly increased its position in Celsius Holdings, Inc. (NASDAQ:CELH) during the fourth quarter, as reported in its recent filing with the Securities and Exchange Commission (SEC). The fund now owns 90,685 shares of Celsius, making it the 9th largest holding in its investment portfolio. The value of the fund’s holdings in Celsius was $4,944,000 at the end of the reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in Celsius. Cary Street Partners Investment Advisory LLC, Vanguard Personalized Indexing Management LLC, Lido Advisors LLC, Teacher Retirement System of Texas, and Mariner LLC are among the investors who have increased their stakes in Celsius.

Analysts have set new price targets for Celsius, with various ratings including “neutral,” “buy,” and “moderate buy.” The stock has been trading down recently, reaching $64.24 on Tuesday.

Celsius recently reported its quarterly earnings data, surpassing the consensus estimate. The company had a return on equity of 111.29% and a net margin of 18.63%. Analysts expect Celsius Holdings, Inc. to post 1.11 EPS for the current fiscal year.

In terms of insider trading, Director Caroline S. Levy and major shareholder William H. Milmoe have recently sold shares of Celsius stock. Insiders have collectively sold a significant number of shares in the last quarter.

Celsius Holdings, Inc. develops and sells functional energy drinks and liquid supplements globally. The company’s offerings include fitness drinks designed to accelerate metabolism and burn body fat, as well as various flavors of energy drinks.

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