Celsius Holdings Inc’s recently made public that its Chief Executive Officer Fieldly John unloaded Company’s shares for reported $18.95 million on Sep 13 ’24. In the deal valued at $34.36 per share,551,421 shares were sold. As a result of this transaction, Fieldly John now holds 1,261,069 shares worth roughly $32.52 million.
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Then, Fieldly John sold 74,847 shares, generating $2,454,982 in total proceeds. Upon selling the shares at $32.80, the Chief Executive Officer now owns 1,812,490 shares.
Before that, Fieldly John bought 551,421 shares. Celsius Holdings Inc shares valued at $18,862,428 were divested by the Officer at a price of $34.21 per share.
Truist reiterated its Celsius Holdings Inc [CELH] rating to a Hold in a research note published on October 16, 2024; the price target was $35. A number of analysts have revised their coverage, including Jefferies’s analysts, who remained covering the stock and in early October has reiterated a ‘”a Buy”‘ rating for it. ROTH MKM also remained covering CELH and reiterated its “Buy” recommendation on September 05, 2024. BofA Securities revised its rating on August 08, 2024. It rated CELH as “an Underperform” which previously was an “a Neutral”.
Price Performance Review of CELH
On Monday, Celsius Holdings Inc [NASDAQ:CELH] saw its stock jump 0.51% to $25.79. Over the last five days, the stock has lost -5.84%. Celsius Holdings Inc shares have fallen nearly -52.70% since the year began. Nevertheless, the stocks have fallen -48.46% over the past one year. While a 52-week high of $99.62 was reached on 03/14/24, a 52-week low of $25.50 was recorded on 11/18/24. SMA at 50 days reached $31.26, while 200 days put it at $57.13.
Levels Of Support And Resistance For CELH Stock
The 24-hour chart illustrates a support level at 25.36, which if violated will result in even more drops to 24.93. On the upside, there is a resistance level at 26.09. A further resistance level may holdings at 26.38. The Relative Strength Index (RSI) on the 14-day chart is 30.55, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.71, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.84%. Stochastics %K at 9.50% indicates the stock is a buying.
How much short interest is there in Celsius Holdings Inc?
A steep rise in short interest was recorded in Celsius Holdings Inc stocks on 2024-10-31, growing by 7.55 million shares to a total of 28.73 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 21.17 million shares. There was a rise of 26.29%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on August 07, 2024 when Maxim Group resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $65.