New insider activity at Celestica ( (TSE:CLS) ) has taken place on February 11, 2025.
President Todd C Cooper recently executed a significant transaction by selling 65,000 shares of Celestica stock. This substantial sale was valued at an impressive $8,435,793, highlighting a noteworthy movement in the company’s stock activities.
Recent Updates on TSE:CLS stock
In the last 24 hours, Celestica’s stock experienced significant upward movements, with a notable increase of 13.2%, attributed to several positive developments. RBC Capital raised its price target, emphasizing strong new program momentum, product differentiation, and improved financial metrics, which suggest potential upside to consensus estimates and expanding margins. Stifel resumed coverage with a Buy rating, highlighting Celestica’s strategic positioning in the hyperscaler market and recent customer program wins that align with long-term opportunities. Argus also raised its price target due to Celestica’s diversification into high-growth, high-margin businesses, and its alignment with AI and machine learning trends. Celestica’s recent earnings call revealed strong Q4 performance, record full-year results, and optimistic projections for 2025, driven by growth in the CCS segment and strategic customer acquisitions, despite challenges in the enterprise market and flat ATS segment revenue.
More about Celestica
YTD Price Performance: 39.36%
Average Trading Volume: 3,411,833
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $15.02B