Celsius Director Damon DeSantis Buys $1 Million Worth of Shares
Damon DeSantis, director at Celsius Holdings (NASDAQ:CELH), purchased 36,000 shares for a total value of approximately $1.0 million in late September 2026. The transaction was disclosed via an SEC Form 4 filing and occurred over two days with prices ranging from $27.60 to $27.95 per share. This purchase adds to DeSantis’s existing stake, which is now valued at around $75 million as of the market close on September 15, 2026. Celsius Holdings has a current market capitalization of $7.2 billion and reported trailing twelve-month revenue of $3.0 billion with net income of $110.2 million. The company recently acquired Alani Nu for $1.65 billion in 2025, which surpassed $1 billion in sales within one year. Despite strong financial performance, Celsius’s stock has declined by over 50% in the past year. The insider purchase may be interpreted as a positive signal to investors that DeSantis sees value in the current share price relative to future growth potential.
Tickers: $CELH
Topics: celsius holdings insider buying