Celsius Insiders Buy $1.8 Million of Stock Following Recent Decline

Insiders at Celsius Holdings ($CELH) have purchased approximately $1.83 million of company stock over the past week, with shares rebounding Wednesday following a recent decline.

• CEO John Fieldly purchased 18,000 shares at an average price of $27.44 on September 10, a transaction worth approximately $494,000.
• Director Damon DeSantis purchased 36,000 shares across September 14 and 15 for approximately $1 million.
• Director Hal Kravitz purchased another 12,000 shares at $28.00 on September 15, worth $336,000.
• The four purchases totaled 66,000 shares and approximately $1.83 million.
• CELH closed at $27.63 Tuesday after closing at $35.34 on August 25, a decline of approximately 22%.
• Celsius reported record second-quarter revenue of $817.9 million, up 11% year-over-year, while net income fell 45% to $55.3 million.

Relevant Companies

• Celsius Holdings ($CELH) - Multiple company insiders recently made open-market purchases of Celsius shares.

Editor’s Note: This is a developing story. This article may be updated as more details become available.

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