Celsius Lead Director Hal Kravitz Buys $336,000 Worth of Shares
Hal Kravitz, the lead director at Celsius Holdings (NASDAQ: CELH), purchased 12,000 shares for a total value of $336,000 on September 15, 2026. The transaction increased his direct holdings to 239,158 shares with an estimated post-transaction value of $6.61 million. This purchase was made at a weighted average price of $28 per share and occurred before the stock closed lower at $27.63 on that day. Celsius Holdings reported trailing twelve-month revenue of $3 billion and net income of $110.2 million as of September 15, but its stock had declined by over half in the past year (-51%). The company operates a vertically integrated business model focused on functional beverages like Celsius Originals and Celsius Heat across North America, Europe, Asia, and other markets. The insider purchase is seen as potentially bullish for investors. Kravitz has served as a director since 2016 and the lead independent director since 2021, suggesting he may have strong confidence in the company's long-term prospects.
Tickers: $CELH
Topics: Celsius Holdings Hal Kravitz SEC Form 4 stock purchase