In a filing, Celsius Holdings Inc revealed its 10% Owner Milmoe William H. unloaded Company’s shares for reported $25.57 million on May 01 ’24. In the deal valued at $59.67 per share,428,568 shares were sold. As a result of this transaction, Milmoe William H. now holds 25,035,885 shares worth roughly $1.9 billion.
Then, Milmoe William H. sold 428,568 shares, generating $25,571,238 in total proceeds. Upon selling the shares at $59.67, the 10% Owner now owns 25,250,169 shares.
Before that, Milmoe William H. sold 428,568 shares. Celsius Holdings Inc shares valued at $25,571,238 were divested by the 10% Owner at a price of $59.67 per share. As a result of the transaction, Milmoe William H. now holds 25,464,453 shares, worth roughly $1.93 billion.
Maxim Group reiterated its Celsius Holdings Inc [CELH] rating to a Buy in a research note published on April 01, 2024; the price target was $110. A number of analysts have revised their coverage, including Wedbush’s analysts, who remained covering the stock and in early March has reiterated a ‘”an Outperform”‘ rating for it. Maxim Group also remained covering CELH and reiterated its “Buy” recommendation on March 01, 2024. Maxim Group revised its rating on February 02, 2024. It rated CELH as “a Buy” which previously was an “a Hold”.
Price Performance Review of CELH
On Friday, Celsius Holdings Inc [NASDAQ:CELH] saw its stock jump 2.14% to $75.97. Over the last five days, the stock has gained 3.84%. Celsius Holdings Inc shares have risen nearly 39.34% since the year began. Nevertheless, the stocks have risen 128.30% over the past one year. While a 52-week high of $99.62 was reached on 03/14/24, a 52-week low of $32.99 was recorded on 01/31/24. SMA at 50 days reached $80.41, while 200 days put it at $61.96. A total of 4.18 million shares were traded, compared to the trading of 3.91 million shares in the previous session.
Levels Of Support And Resistance For CELH Stock
The 24-hour chart illustrates a support level at 74.34, which if violated will result in even more drops to 72.72. On the upside, there is a resistance level at 77.38. A further resistance level may holdings at 78.80. The Relative Strength Index (RSI) on the 14-day chart is 50.66, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.19, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 12.12%. Stochastics %K at 60.00% indicates the stock is a holding.
