Back to news

Celestica Falls 4% as Investors Appear to Take Profits Ahead of Late-October Updates

Investivoq PriceTracker

Celestica Inc. (CLS) is down 4.0% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver appears to be a mix of profit-taking and broader pressure on chip and AI-infrastructure names rather than any clearly negative company-specific announcement. This could be because Celestica had recently traded near fresh highs, while the company’s latest update simply set the date for its third-quarter results and investor day instead of adding a new operating catalyst.

Details:

  • Celestica’s newest company update, released on October 6, scheduled its third-quarter 2026 results call and investor day for October 27.
  • No new warning, guidance cut, or adverse filing was visible alongside that announcement, making a fundamentals-driven selloff harder to pin to fresh company news.
  • Market data showed weakness across the semiconductor complex on Wednesday, with the semiconductor ETF trading lower as rising Treasury yields weighed on growth-oriented technology shares.
  • Celestica had also rallied sharply in recent weeks, climbing from the low $320s in mid-September to around the high $380s before today’s decline, which supports the idea of a near-term pullback after a strong run.

    • Sources:

    Celestica, SEC, AP, Nasdaq

    Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

    $CLS Insider Trading Activity

    CLS Insider Trades

    $CLS insiders have traded $CLS stock on the open market 150 times in the past 6 months. Of those trades, 0 have been purchases and 150 have been sales.

    Here’s a breakdown of recent trading of $CLS stock by insiders over the last 6 months:

    • ROBERT MIONIS (Chief Executive Officer) has made 0 purchases and 109 sales selling 345,949 shares for an estimated $130,689,066.
    • MANDEEP CHAWLA (Chief Financial Officer) has made 0 purchases and 39 sales selling 34,000 shares for an estimated $13,070,061.
    • TODD C COOPER (President) sold 20,118 shares for an estimated $7,242,480
    • MICHAEL MAX WILSON sold 4,168 shares for an estimated $1,389,236

    To track insider transactions, check out Investivoq's insider trading dashboard. You can access data on insider stock transactions through the Investivoq API insider transaction endpoint.

    EARLY ACCESS
    Receive CLS Data Alerts
    Real-time alerts on filings, insider trades, and market signals — before everyone else.
    Get Alerts →

    $CLS Hedge Fund Activity

    We have seen 497 institutional investors add shares of $CLS stock to their portfolio, and 333 decrease their positions in their most recent quarter.

    Here are some of the largest recent moves:

    • JPMORGAN CHASE & CO added 3,874,584 shares (+inf%) to their portfolio in Q2 2026, for an estimated $1,413,448,243
    • D. E. SHAW & CO., INC. added 1,782,300 shares (+1898.8%) to their portfolio in Q2 2026, for an estimated $650,183,040
    • VIKING GLOBAL INVESTORS LP removed 1,654,989 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $603,739,987
    • FMR LLC added 886,587 shares (+11.7%) to their portfolio in Q2 2026, for an estimated $323,426,937
    • WINSLOW CAPITAL MANAGEMENT, LLC added 714,367 shares (+inf%) to their portfolio in Q2 2026, for an estimated $260,601,081
    • ARROWSTREET CAPITAL, LIMITED PARTNERSHIP removed 669,153 shares (-30.5%) from their portfolio in Q2 2026, for an estimated $244,107,014
    • BLACKROCK, INC. removed 628,200 shares (-50.6%) from their portfolio in Q2 2026, for an estimated $229,167,360

    To track hedge funds' stock portfolios, check out Investivoq's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Investivoq API 13F endpoint.

    $CLS Analyst Ratings

    Wall Street analysts have issued reports on $CLS in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

    Here are some recent analyst ratings:

    • Rothschild & Co issued a "Buy" rating on 05/01/2026
    • JP Morgan issued a "Overweight" rating on 04/29/2026

    To track analyst ratings and price targets for $CLS, check out Investivoq's $CLS forecast page.

    $CLS Price Targets

    Multiple analysts have issued price targets for $CLS recently. We have seen 10 analysts offer price targets for $CLS in the last 6 months, with a median target of $435.0.

    Here are some recent targets:

    • Mike Harrison from Rothschild & Co set a target price of $460.0 on 05/01/2026
    • Tim Long from Barclays set a target price of $441.0 on 04/29/2026
    • Mehdi Hosseini from Susquehanna set a target price of $510.0 on 04/29/2026
    • Atif Malik from Citigroup set a target price of $415.0 on 04/29/2026
    • John Shao from TD Cowen set a target price of $430.0 on 04/29/2026
    • Paul Treiber from RBC Capital set a target price of $440.0 on 04/29/2026
    • Samik Chatterjee from JP Morgan set a target price of $425.0 on 04/29/2026

    This article is not financial advice. See Investivoq's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.