Sierra Summit Advisors LLC Reduces Stake in Celestica, Inc. $CLS

NodeGuardian · 2026-03-12T07:38:24+00:00

Sierra Summit Advisors LLC cut its Celestica stake by 54.9%, retaining shares worth $869,000 amid significant insider selling. Despite this, analysts maintain a "Moderate Buy" rating with a price target of $356.59.

NodeGuardian

2026-03-12 07:38:24

Abstract generation in progress

Sierra Summit Advisors LLC significantly reduced its stake in Celestica, Inc. (NYSE:CLS) by 54.9% in the third quarter, selling 4,299 shares and retaining 3,529 shares valued at $869,000. This comes alongside substantial insider selling activities, with insiders collectively selling 297,923 shares worth approximately $88.0 million over the last 90 days. Despite the institutional divestment and insider selling, analyst sentiment for Celestica remains largely positive, holding a “Moderate Buy” rating with an average price target of $356.59.

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