Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Zevia PBC shares valued at $4,876,285 were sold by Ripley Rosemary L on Dec 05 ’24. At $1.90 per share, Ripley Rosemary L sold 2,567,006 shares. The insider’s holdings dropped to 2,719,258 shares worth approximately $8.16 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, White Pine LLC sold 92,852 shares, netting a total of over 100,280 in proceeds. Following the sale of shares at $1.08 each, the insider now holds 1,425,598 shares.
Before that, White Pine LLC had sold 5,017 shares from its account. In a trade valued at $5,268, the 10% Owner traded Zevia PBC shares for $1.05 each. Upon closing the transaction, the insider’s holdings decreased to 5,017 shares, worth approximately $4.56 million.
As published in a research note from Telsey Advisory Group on July 25, 2023, Zevia PBC [ZVIA] has been rated down from an Outperform to a Market perform and the price target has been revised to $4 from $5. Analysts at Goldman downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in late July.
Analyzing ZVIA Stock Performance
During the last five days, there has been a drop of approximately -11.76%. Over the course of the year, Zevia PBC shares have jumped approximately 49.25%. Shares of the company reached a 52-week high of $3.75 on 12/12/24 and a 52-week low of $0.62 on 07/08/24. A 50-day SMA is recorded $1.91, while a 200-day SMA reached $1.20. Nevertheless, trading volume fell to 0.87 million shares from 0.42 million shares the previous day.
Support And Resistance Levels for Zevia PBC (ZVIA)
According to the 24-hour chart, there is a support level at 2.89, which, if violated, would cause prices to drop to 2.78. In the upper region, resistance lies at 3.20. The next price resistance is at 3.40. RSI (Relative Strength Index) is 61.06 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.18, which suggests the price will decrease in the coming days. Percent R is at 44.38%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
