Russell Investments Group Ltd. acquired a new stake in Zevia PBC (NYSE:ZVIA - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 142,274 shares of the company's stock, valued at approximately $596,000. Russell Investments Group Ltd. owned 0.19% of Zevia PBC at the end of the most recent quarter.
Other large investors also recently modified their holdings of the company. Calamos Advisors LLC acquired a new position in shares of Zevia PBC in the 4th quarter worth approximately $471,000. SBI Securities Co. Ltd. acquired a new position in shares of Zevia PBC in the 4th quarter worth approximately $57,000. Emerald Advisers LLC acquired a new position in shares of Zevia PBC in the 4th quarter worth approximately $228,000. ORG Wealth Partners LLC acquired a new position in shares of Zevia PBC in the 4th quarter worth approximately $129,000. Finally, Abacus Planning Group Inc. acquired a new position in shares of Zevia PBC in the 4th quarter worth approximately $57,000. 53.21% of the stock is currently owned by institutional investors.
Zevia PBC Stock Up 2.2 %
NYSE:ZVIA traded up $0.05 during trading hours on Monday, hitting $2.31. 308,869 shares of the stock were exchanged, compared to its average volume of 445,283. The company's 50 day moving average is $2.32 and its two-hundred day moving average is $2.72. Zevia PBC has a twelve month low of $0.62 and a twelve month high of $4.99. The company has a market capitalization of $169.81 million, a P/E ratio of -6.08 and a beta of 0.77.
Wall Street Analysts Forecast Growth
ZVIA has been the topic of several recent analyst reports. Telsey Advisory Group reduced their target price on Zevia PBC from $4.00 to $3.00 and set a "market perform" rating on the stock in a report on Thursday, February 27th. The Goldman Sachs Group upped their price objective on Zevia PBC from $1.15 to $3.75 and gave the stock a "neutral" rating in a report on Tuesday, January 14th.
Get Our Latest Analysis on Zevia PBC
Zevia PBC Company Profile
(
Free Report)
Zevia PBC, a beverage company, develops, markets, sells, and distributes various carbonated beverages in the United States and Canada. It offers soda, energy drinks, organic tea, and kidz drinks. The company offers its products through a network of food, drug, warehouse club, mass, natural, convenience, and e-commerce channels, as well as grocery distributors and natural product stores and specialty outlets.
Featured Stories
Before you consider Zevia PBC, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Zevia PBC wasn't on the list.
While Zevia PBC currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
