Calamos Advisors LLC Has $404,000 Position in Zevia PBC $ZVIA

Calamos Advisors LLC boosted its holdings in Zevia PBC (NYSE:ZVIA) by 188.9% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 125,574 shares of the company’s stock after purchasing an additional 82,113 shares during the quarter. Calamos Advisors LLC owned about 0.17% of Zevia PBC worth $404,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in ZVIA. Police & Firemen s Retirement System of New Jersey bought a new stake in Zevia PBC in the 2nd quarter valued at about $25,000. DKM Wealth Management Inc. bought a new position in Zevia PBC in the 2nd quarter valued at about $42,000. First Manhattan CO. LLC. bought a new stake in Zevia PBC during the 1st quarter worth approximately $48,000. Bank of America Corp DE raised its stake in shares of Zevia PBC by 2,845.4% in the fourth quarter. Bank of America Corp DE now owns 15,817 shares of the company’s stock worth $66,000 after purchasing an additional 15,280 shares during the last quarter. Finally, American Century Companies Inc. bought a new position in shares of Zevia PBC in the first quarter valued at approximately $67,000. Institutional investors and hedge funds own 53.21% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. Morgan Stanley upped their price target on Zevia PBC from $2.50 to $2.70 and gave the stock an “equal weight” rating in a report on Tuesday, August 12th. BMO Capital Markets lifted their price objective on shares of Zevia PBC from $5.00 to $6.00 and gave the stock an “outperform” rating in a report on Thursday, August 7th. Telsey Advisory Group reiterated an “outperform” rating and issued a $6.00 target price on shares of Zevia PBC in a report on Thursday, November 6th. Weiss Ratings reissued a “sell (d-)” rating on shares of Zevia PBC in a research report on Wednesday, October 8th. Finally, Zacks Research downgraded shares of Zevia PBC from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 5th. Two investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $4.61.

Zevia PBC Stock Performance

ZVIA opened at $2.50 on Friday. The firm has a market cap of $187.00 million, a P/E ratio of -11.34 and a beta of 0.87. The firm has a 50-day moving average of $2.45 and a 200 day moving average of $2.76. Zevia PBC has a fifty-two week low of $1.86 and a fifty-two week high of $4.99.

Zevia PBC (NYSE:ZVIA) last announced its quarterly earnings data on Wednesday, November 5th. The company reported ($0.04) EPS for the quarter, topping the consensus estimate of ($0.06) by $0.02. Zevia PBC had a negative net margin of 8.83% and a negative return on equity of 30.61%. The business had revenue of $40.84 million for the quarter, compared to analyst estimates of $39.33 million. Zevia PBC has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. Equities research analysts predict that Zevia PBC will post -0.32 earnings per share for the current fiscal year.

About Zevia PBC

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.