medium
Buy
9,560 shares
$10,009
Significance
4/10
Zevia PBC director Andrew buys 9,560 shares at $1.05; holder profitless at -$7.0M net income, +2.0% revenue growth.
Ruben Andrew, a director of Zevia PBC, purchased 9,560 shares at $1.05 on 2024-08-20, establishing an initial holding position. The company is currently unprofitable with net income of -$7.0M against quarterly revenue of $40.4M, and posted only +2.0% annual revenue growth. The purchase occurred at a price -59.6% below the 52-week high of $2.82, and the stock has since moved +32.3% over 30 days and +25.5% over 90 days from the transaction date. As a new position for this director, this transaction reflects entry into ZVIA equity rather than accumulated conviction or portfolio adjustment.