Celestica Executive Plans to Sell $33.1 Million in Stock
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 03 2026
0mins
Should l Buy CLS?
Source: moomoo
Celestica Inc (CLS) has seen a decline of 5.04% as it hits a 5-day low amid broader market weakness, with the Nasdaq-100 down 1.45% and the S&P 500 down 0.92%.
The core catalyst for this decline is the announcement that Executive Phillips Jason plans to sell 120,000 shares of common stock, valued at approximately $33.1 million, via Form 144. This stock sale may raise concerns among investors about potential dilution and the executive's confidence in the company's future performance.
This stock sale could lead to increased volatility in Celestica's shares as investors react to the news, potentially impacting the company's stock price further in the short term.
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Analyst Views on CLS
Wall Street analysts forecast CLS stock price to rise
8 Analyst Rating
7 Buy
1 Hold
0 Sell
Strong Buy
Current: 291.400
Low
330.00
Averages
387.38
High
440.00
Current: 291.400
Low
330.00
Averages
387.38
High
440.00
About CLS
Celestica Inc. is engaged in designing, manufacturing and providing hardware platform and supply chain solutions. It delivers supply chain solutions globally to customers in two operating segments: Advanced Technology Solutions (ATS) and Connectivity & Cloud Solutions (CCS). The ATS segment consists of its ATS end market and comprises its Aerospace & Defense (A&D), Industrial, HealthTech, and Capital Equipment businesses. Its Capital Equipment business comprises its semiconductor, display, and robotics equipment businesses. The CCS segment consists of its communications and enterprise end markets. The enterprise end market consists of Celestica’s servers and storage businesses. It offers a range of product manufacturing and related supply chain services to customers in both of its segments, including design and development, new product introduction, engineering services, component sourcing, electronics manufacturing and assembly, testing, systems integration, among others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Carvana Maintains Overweight Rating: JPMorgan reiterates Carvana as overweight, asserting that fears surrounding AI are overblown, with the company's vertically integrated infrastructure providing a unique competitive moat to leverage AI effectively.
- Melco Upgraded to Buy: UBS upgrades Melco from neutral to buy, highlighting that despite a 27% year-to-date decline, enhancements at its City of Dreams in Macau are expected to offset margin pressures and branding fee increases in 2026.
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- Market Volatility Impact: Technology stocks have experienced a volatile start to 2026, with the Nasdaq Composite showing flat performance primarily due to concerns over capital expenditures for AI infrastructure, resulting in a staggering $1 trillion loss in market cap for big tech stocks in just one week, reflecting cautious market sentiment regarding future growth.
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- Optimistic Industry Outlook: Celestica anticipates revenues of $17 billion in 2026, a 37% increase from last year, and if its market value aligns with the Nasdaq index, it could reach $92 billion, showcasing its strong growth potential in the AI sector and attracting investor interest.
See More
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- Securities Fraud Investigation: Pomerantz LLP is investigating on behalf of Celestica Inc. investors whether the company and its executives have engaged in securities fraud or other unlawful business practices, highlighting serious concerns regarding corporate governance.
- Stock Price Decline: On January 22, 2026, Celestica's stock price fell by 6.08%, losing $18.83 per share to close at $290.92, following reports from Digitimes that Google may shift assembly work for its tensor processing units to other suppliers, reflecting market concerns about the company's future business prospects.
- Risk of Client Loss: Google's potential move could reduce Celestica's role in assembling AI servers, impacting its revenue streams and market share, which may further exacerbate investor anxiety.
- Potential for Legal Action: As the investigation unfolds, Celestica may face the risk of class action lawsuits, prompting investors to closely monitor developments to assess the potential impact on the company's financial health.
See More
Celestica (CLS.US) Executive Plans to Sell $33.1 Million in Common Stock via Form 144
- Stock Sale Announcement: Officer Phillips Jason intends to sell 120,000 shares of its common stock on February 5.
- Market Value: The total market value of the shares being sold is approximately $33.1 million.
See More
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- New Investment Position: Chase Investment Counsel reported a new position in Clearwater Analytics, acquiring 237,532 shares valued at $5.7 million, which represents 1.6% of its reportable assets as of December 31, 2025, indicating confidence in the company.
- Holding Status: This acquisition marks a new position for Chase, which did not previously hold shares in Clearwater, highlighting its strategy to diversify investments despite not being among the top five holdings.
- Market Performance: Clearwater's stock closed at $23.46 on February 4, with a market capitalization of $6.8 billion; however, the stock has declined by 17.4% over the past year, underperforming compared to the Nasdaq and S&P 500 indices, reflecting market caution regarding its future.
- Acquisition Dynamics: Private equity firms Permira and Warburg Pincus have agreed to acquire Clearwater for $8.4 billion, or $24.55 per share, suggesting that if Chase's purchase timing is favorable, it could yield significant gains, but investors should be wary of potential risks if the deal does not materialize.
See More
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- Investigation Launched: Pomerantz LLP is investigating on behalf of Celestica Inc. investors regarding potential securities fraud or unlawful business practices, indicating serious concerns about corporate governance.
- Stock Price Decline: Following Digitimes' report that Alphabet may shift assembly work for its tensor processing units to other suppliers, Celestica's stock fell 6.08% on January 22, 2026, losing $18.83 per share, reflecting market concerns about its future business prospects.
- Potential Impact: A reduced role in assembling Google’s AI servers could negatively affect Celestica's revenue and market share, exacerbating investor anxiety and uncertainty.
- Legal Consequences: As a prominent securities litigation firm, Pomerantz LLP may provide legal support to affected investors, and if wrongdoing is confirmed, Celestica could face substantial liability for damages.
See More
