Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Celsius Holdings Inc shares valued at $2,024,750 were sold by Milmoe William H. on Dec 12 ’24. At $31.15 per share, Milmoe William H. sold 65,000 shares. The insider’s holdings dropped to 261,245 shares worth approximately $7.15 million following the completion of this transaction.
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Also, Fieldly John sold 551,421 shares, netting a total of over 18,946,826 in proceeds. Following the sale of shares at $34.36 each, the insider now holds 1,261,069 shares.
Before that, Fieldly John had sold 74,847 shares from its account. In a trade valued at $2,454,982, the Chief Executive Officer traded Celsius Holdings Inc shares for $32.80 each. Upon closing the transaction, the insider’s holdings decreased to 74,847 shares, worth approximately $49.59 million.
As published in a research note from Jefferies on December 19, 2024, Celsius Holdings Inc [CELH] has been retained to a Buy and the price target has been revised to $40. Analysts at JP Morgan started covering the stock with ‘”an Overweight”‘ outlook in a report released in mid December. As of December 12, 2024, Deutsche Bank has initiated its “Hold” rating for CELH. Earlier on December 06, 2024, Needham initiated its rating. Their recommendation was “a Buy” for CELH stock.
Analyzing CELH Stock Performance
During the last five days, there has been a drop of approximately -6.46%. Over the course of the year, Celsius Holdings Inc shares have dropped approximately -49.83%. Shares of the company reached a 52-week high of $99.62 on 03/14/24 and a 52-week low of $25.23 on 11/18/24. A 50-day SMA is recorded $29.60, while a 200-day SMA reached $52.07. Nevertheless, trading volume fell to 2.54 million shares from 6.68 million shares the previous day.
Support And Resistance Levels for Celsius Holdings Inc (CELH)
According to the 24-hour chart, there is a support level at 26.80, which, if violated, would cause prices to drop to 26.23. In the upper region, resistance lies at 27.69. The next price resistance is at 28.01. RSI (Relative Strength Index) is 43.28 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.04, which suggests the price will decrease in the coming days. Percent R is at 83.39%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.