In a filing, Splash Beverage Group Inc. revealed its CEO and Chairman Nistico Robert acquired Company’s shares for reported $7070.0 on Jun 16. In the deal valued at $1.01 per share,7,000 shares were bought. As a result of this transaction, Nistico Robert now holds 1,386,000 shares worth roughly $ 0.97 million.
Then, Nistico Robert bought 12,000 shares, generating $13,788 in total proceeds. Upon buying the shares at $1.15, the CEO and Chairman now owns 1,379,000 shares.
Before that, Nistico Robert bought 17,000 shares. Splash Beverage Group Inc. shares valued at $19,882 were divested by the CEO and Chairman at a price of $1.17 per share. As a result of the transaction, Nistico Robert now holds 1,367,000 shares, worth roughly $0.96 million.
Price Performance Review of SBEV
On Friday, Splash Beverage Group Inc. [AMEX:SBEV] saw its stock fall -0.43% to $0.70. On the same session, the stock had its day’s lowest price of $0.68, but rose to a high of $0.72. Over the last five days, the stock has gained 4.63%. Splash Beverage Group Inc. shares have fallen nearly -27.09% since the year began. Nevertheless, the stocks have fallen -62.11% over the past one year. While a 52-week high of $2.20 was reached on 03/20/23, a 52-week low of $0.54 was recorded on 08/23/23. SMA at 50 days reached $0.8830, while 200 days put it at $1.0854. A total of 54362.0 shares were traded, compared to the trading of 0.14 million shares in the previous session.
Levels Of Support And Resistance For SBEV Stock
The 24-hour chart illustrates a support level at 0.6830, which if violated will result in even more drops to 0.6650. On the upside, there is a resistance level at 0.7185. A further resistance level may holdings at 0.7360. The Relative Strength Index (RSI) on the 14-day chart is 41.32, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0176, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 58.30%. Stochastics %K at 42.72% indicates the stock is a holding.
How much short interest is there in Splash Beverage Group Inc.?
A steep rise in short interest was recorded in Splash Beverage Group Inc. stocks on Aug 14, 2023, growing by 73340.0 shares to a total of 0.41 million shares. Yahoo Finance data shows the prior-month short interest on Jul 13, 2023 was 0.34 million shares. There was a rise of 17.81%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 1.15% of the overall stock float, the days-to-cover ratio (short ratio) rose to 1.52.
Splash Beverage Group Inc. [SBEV] – Who Are The Largest Shareholders?
In filings from The Vanguard Group, Inc., it is revealed that the company now owns 1,251,813 shares, or roughly 2.94% of the outstanding SBEV shares.. At present, Citadel Securities LLC is holding 112,635 shares valued at $0.1 million. BlackRock Fund Advisors owned 82,424 shares of the company at the time of its most recent 13F filing, worth $76572.0.
According to FactSet, Splash Beverage Group Inc.’s share price will average $2.62 in the next year, based on opinions of analysts polled by the firm. This is up nearly 257.14 percent from its previous closing price of $0.70. Analysts expect Splash Beverage Group Inc. stock to reach the higher price of $2.85, while the lowest price estimate is $2.50. However, 3 analysts have rated SBEV stock as a Buy in their predictions for 2023.