Celestica CEO Robert Mionis Sells Shares Worth $21.6 Million
Celestica's CEO, Robert Mionis, executed a planned sale of 55,768 shares on June 16, 2026.
Key Points
- Robert Mionis, CEO of Celestica Inc., sold 55,768 shares valued at $21.6 million on June 16, 2026.
- Celestica's stock trades on the NYSE with a market cap of $43.9 billion and a P/E ratio of 46.3.
- Analysts maintain a strong buy consensus with a mean price target of $444.11 for Celestica.
Robert Mionis, the Chief Executive Officer of Celestica Inc. (NYSE:CLS), sold 55,768 shares of the company on June 16, 2026. This planned transaction was valued at approximately $21.6 million, with the shares sold at an average price of $386.96 each.
Insider Buying and Selling at Celestica Inc.
Robert Mionis has been active in selling Celestica shares recently. On June 15, 2026, he sold an additional 66,056 shares at an average price of $400.06. Mandeep Chawla, the Chief Financial Officer, also sold 17,000 shares on June 15 at a price of $399.65. These transactions were part of planned sales. In contrast, Laurette Koellner and Robert Cascella, insiders at Celestica, purchased 810 and 619 shares, respectively, on May 20, 2026.
Other Institutional Activity in Celestica
Among Celestica's institutional investors, FMR LLC increased its holdings by 149,027 shares, bringing its total to 7,560,325 shares, valued at about $2.13 billion. JPMorgan Chase & Co added 433,170 shares, reaching 4,450,793 shares worth $1.15 billion. Vanguard Capital Management LLC established a new position with 3,156,565 shares valued at approximately $890.4 million. Meanwhile, Franklin Resources Inc. boosted its stake by 365,509 shares to a total of 2,643,723 shares, valued at $744.7 million. Jane Street Group, LLC significantly increased its position by 1,437,780 shares to hold 2,533,015 shares worth $713.5 million. Arrowstreet Capital, Limited Partnership, on the other hand, reduced its position by 961,872 shares, ending with 2,190,413 shares worth $617.1 million.
Celestica Stock Snapshot
Shares of Celestica Inc. traded near $382.01. The company has a market capitalization of approximately $43.9 billion, with a P/E ratio of 46.3 and a forward P/E of 25.5. Its beta of 1.481 indicates a higher volatility compared to the market. The stock's 52-week range is between $130.68 and $474.03, with a 50-day moving average of $382.81 and a 200-day moving average of $311.46. Celestica maintains a current ratio of 1.259 and a quick ratio of 0.698, alongside a debt-to-equity ratio of 44.881.
Recent Earnings
Celestica reported revenues of $13.79 billion, reflecting growth of 0.528. Its earnings per share stood at $8.25, with a net margin of 6.95% and a return on equity of 52.45%. The company is expected to announce its next earnings on July 27, 2026.
Analysts Set New Price Targets
On May 1, 2026, Rothschild & Co initiated coverage of Celestica with a buy rating and a $460 price target. JP Morgan maintained its buy rating with a target of $425 on April 29, 2026, while UBS held its rating at hold with a target of $400. Citigroup and TD Cowen both maintained a buy rating, setting targets at $415 and $430, respectively. RBC Capital and Barclays also maintained buy ratings, with price targets of $440 and $441. Susquehanna maintained its buy rating with a target of $510. Overall, analysts have a strong buy consensus with a mean price target of $444.11.
About Celestica
Celestica Inc. provides supply chain solutions and operates in the technology sector, specifically in electronic components. Headquartered in Toronto, Canada, and led by CEO Robert Mionis, the company offers a range of services including product manufacturing, design, and supply chain management. Celestica serves a diverse clientele, including original equipment manufacturers and service providers across various industries such as aerospace, defense, and communications. The company employs over 23,800 people globally.
Bottom Line
Robert Mionis's recent sale of Celestica shares is part of a planned strategy, reflecting ongoing insider activity. With a strong market position and positive analyst outlook, Celestica remains a key player in the technology sector. Investors often track insider transactions to gauge executive confidence, though these filings are historical and may not indicate current sentiment.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.
