New Age Beverage Corporation (NBEV) Holdings Held by Bard Associates Inc.

Bard Associates Inc. continued to hold its stake in New Age Beverage Corporation (NASDAQ:NBEV) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 68,000 shares of the company’s stock at the close of the 2nd quarter. Bard Associates Inc. owned 0.22% of New Age Beverage Corporation worth $349,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Russell Investments Group Ltd. grew its position in New Age Beverage Corporation by 418.0% in the 2nd quarter. Russell Investments Group Ltd. now owns 1,120,880 shares of the company’s stock worth $5,749,000 after purchasing an additional 904,499 shares in the last quarter. Timpani Capital Management LLC grew its position in New Age Beverage Corporation by 43.7% in the 2nd quarter. Timpani Capital Management LLC now owns 308,471 shares of the company’s stock worth $1,582,000 after purchasing an additional 93,817 shares in the last quarter. Finally, Blair William & Co. IL bought a new stake in New Age Beverage Corporation in the 2nd quarter worth about $577,000. 14.01% of the stock is owned by institutional investors and hedge funds.

COPYRIGHT VIOLATION NOTICE: This news story was posted by Ticker Report and is owned by of Ticker Report. If you are reading this news story on another domain, it was illegally copied and reposted in violation of US & international trademark and copyright law. The legal version of this news story can be accessed at https://www.tickerreport.com/banking-finance/2886289/new-age-beverage-corporation-nbev-holdings-held-by-bard-associates-inc.html.

In other news, Director Timothy J. Haas acquired 85,000 shares of New Age Beverage Corporation stock in a transaction on Friday, August 25th. The stock was acquired at an average cost of $3.49 per share, for a total transaction of $296,650.00. Following the purchase, the director now owns 30,000 shares in the company, valued at $104,700. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Neil Fallon sold 38,881 shares of the firm’s stock in a transaction dated Thursday, August 17th. The shares were sold at an average price of $4.53, for a total transaction of $176,130.93. Following the sale, the director now owns 5,354,858 shares of the company’s stock, valued at $24,257,506.74. The disclosure for this sale can be found here. 48.59% of the stock is currently owned by company insiders.

A number of brokerages have issued reports on NBEV. TheStreet downgraded shares of New Age Beverage Corporation from a “c” rating to a “d+” rating in a research report on Monday, August 7th. Zacks Investment Research raised shares of New Age Beverage Corporation from a “hold” rating to a “buy” rating and set a $4.50 price objective for the company in a research report on Saturday. Roth Capital began coverage on shares of New Age Beverage Corporation in a research report on Thursday, July 27th. They issued a “buy” rating and a $7.50 price objective for the company. Finally, Maxim Group upped their price objective on shares of New Age Beverage Corporation from $6.00 to $7.50 and gave the stock a “buy” rating in a research report on Monday, May 22nd. Four equities research analysts have rated the stock with a buy rating, New Age Beverage Corporation currently has an average rating of “Buy” and a consensus target price of $6.44.

Shares of New Age Beverage Corporation (NASDAQ NBEV) opened at 3.76 on Tuesday. The firm has a 50-day moving average of $4.37 and a 200-day moving average of $4.58. New Age Beverage Corporation has a 12 month low of $1.28 and a 12 month high of $7.20. The company has a market capitalization of $129.08 million, a P/E ratio of 221.18 and a beta of 4.74.

New Age Beverage Corporation Company Profile

The New Age Beverage Corporation, formerly Bucha, Inc, is a healthy functional beverage company. The Company is the owner of XingTea, XingEnergy, Aspen Pure and the Bucha Live Kombucha brands. The Company’s bucha Live Kombucha is a gluten free, organic certified, sparkling kombucha tea and is distributed in health and grocery chains across North America.

Institutional Ownership by Quarter for New Age Beverage Corporation (NASDAQ:NBEV)

Receive News & Ratings for New Age Beverage Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for New Age Beverage Corporation and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


© 2006-2017 Ticker Report. Google+.