Warren Street Wealth Advisors LLC Sells 340 Shares of Celestica Inc. (NYSE:CLS)

Warren Street Wealth Advisors LLC trimmed its holdings in shares of Celestica Inc. (NYSE:CLS) (TSE:CLS) by 7.7% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 4,075 shares of the technology company’s stock after selling 340 shares during the period. Warren Street Wealth Advisors LLC’s holdings in Celestica were worth $376,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. Whale Rock Capital Management LLC boosted its stake in shares of Celestica by 13.0% during the 3rd quarter. Whale Rock Capital Management LLC now owns 8,467,244 shares of the technology company’s stock worth $432,846,000 after acquiring an additional 975,163 shares in the last quarter. Vaughan Nelson Investment Management L.P. acquired a new stake in Celestica in the 3rd quarter worth approximately $61,210,000. Point72 Asset Management L.P. boosted its position in Celestica by 38.5% during the third quarter. Point72 Asset Management L.P. now owns 1,084,722 shares of the technology company’s stock worth $55,451,000 after purchasing an additional 301,563 shares during the period. Westfield Capital Management Co. LP grew its holdings in Celestica by 25.8% during the third quarter. Westfield Capital Management Co. LP now owns 536,249 shares of the technology company’s stock valued at $27,413,000 after purchasing an additional 109,972 shares during the last quarter. Finally, Broad Peak Investment Advisers Pte Ltd grew its holdings in Celestica by 53.8% during the third quarter. Broad Peak Investment Advisers Pte Ltd now owns 524,245 shares of the technology company’s stock valued at $26,799,000 after purchasing an additional 183,300 shares during the last quarter. 67.38% of the stock is currently owned by institutional investors.

Insider Transactions at Celestica

In other news, insider Alok K. Agrawal sold 6,826 shares of the firm’s stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $133.92, for a total transaction of $914,137.92. Following the completion of the transaction, the insider now directly owns 9,224 shares of the company’s stock, valued at approximately $1,235,278.08. This trade represents a 42.53 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Yann L. Etienvre sold 9,181 shares of Celestica stock in a transaction dated Friday, January 31st. The shares were sold at an average price of $127.54, for a total transaction of $1,170,944.74. Following the sale, the insider now owns 83,179 shares in the company, valued at approximately $10,608,649.66. This trade represents a 9.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 959,381 shares of company stock valued at $119,142,019. 1.00% of the stock is owned by corporate insiders.

Celestica Trading Up 2.3 %

Shares of CLS opened at $129.50 on Thursday. The stock’s 50-day moving average price is $105.64 and its 200 day moving average price is $76.47. The company has a quick ratio of 0.87, a current ratio of 1.47 and a debt-to-equity ratio of 0.49. The firm has a market capitalization of $15.07 billion, a price-to-earnings ratio of 34.63 and a beta of 2.27. Celestica Inc. has a 12-month low of $36.00 and a 12-month high of $144.27.

Analyst Ratings Changes

A number of brokerages have recently weighed in on CLS. UBS Group began coverage on shares of Celestica in a research note on Friday, November 22nd. They issued a “neutral” rating and a $95.00 price objective for the company. Cibc World Mkts raised shares of Celestica from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 31st. Stifel Nicolaus started coverage on Celestica in a research report on Tuesday, February 4th. They issued a “buy” rating and a $140.00 price target on the stock. Royal Bank of Canada boosted their price objective on Celestica from $115.00 to $140.00 and gave the stock an “outperform” rating in a research report on Friday, January 31st. Finally, TD Securities increased their target price on Celestica from $70.00 to $107.00 and gave the company a “buy” rating in a research note on Tuesday, January 28th. Two research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $103.27.

Celestica Profile

Celestica Inc provides supply chain solutions in North America, Europe, and Asia. It operates through two segments: Advanced Technology Solutions, and Connectivity & Cloud Solutions. The company offers a range of product manufacturing and related supply chain services, including design and development, new product introduction, engineering services, component sourcing, electronics manufacturing and assembly, testing, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics, asset management, product licensing, and after-market repair and return services.