Ambev S.A. $ABEV Shares Sold by Tidal Investments LLC
MarketBeat
Tidal Investments LLC has reduced its stake in Ambev S.A. by 15.9% in the second quarter, selling 488,057 shares but still retaining 2.58 million shares valued at $8.09 million. Ambev reported quarterly earnings of $0.04 per share, meeting estimates, with revenue of $3.89 billion falling short of the $4.05 billion consensus. Analyst sentiment is cautious, with a consensus "Reduce" rating and a target price of $3.08.
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