From MarketBeat:



Celsius Holdings, Inc. was the target of unusually large options trading. Analysts have given the company a “Moderate Buy” rating with an average price target of $63.18. Insiders, including EVP Tony Guilfoyle and CEO John Fieldly, have sold substantial amounts of company stock over the past few months, with a total of 313,680 shares sold. Institutional investors have also been actively trading CELH stock, with 60.32% of the stock currently owned by institutional investors and hedge funds. Despite this insider and institutional activity, Celsius stock was up 5.8% on Tuesday, reaching $52.95 per share.

Celsius Holdings, Inc. develops, processes, markets, distributes, and sells functional drinks and liquid supplements. The company reported $0.30 earnings per share in their most recent quarter, with a revenue of $384.80 million, up 104.5% compared to the same quarter last year. Celsius has a market capitalization of $12.27 billion and will likely post an EPS of 0.75 for the current fiscal year.

Please note that this story was generated by narrative science technology and financial data from MarketBeat and reviewed by MarketBeat’s editorial team prior to publication.



Read more: Celsius Target of Unusually High Options Trading (NASDAQ:CELH)