National Beverage (NASDAQ:FIZZ) Hits New 1-Year Low at $43.14

National Beverage Corp. (NASDAQ:FIZZ) shares reached a new 52-week low on Tuesday . The company traded as low as $43.14 and last traded at $43.51, with a volume of 9039 shares trading hands. The stock had previously closed at $43.72.

National Beverage Stock Performance

The business has a fifty day moving average of $48.03 and a 200-day moving average of $48.23. The firm has a market capitalization of $4.12 billion, a P/E ratio of 24.15 and a beta of 0.84.

National Beverage (NASDAQ:FIZZ) last announced its quarterly earnings data on Thursday, March 7th. The company reported $0.42 earnings per share for the quarter. The business had revenue of $270.07 million during the quarter. National Beverage had a return on equity of 38.23% and a net margin of 14.34%.

Insider Buying and Selling

In other National Beverage news, Director Cecil D. Conlee sold 12,000 shares of National Beverage stock in a transaction dated Tuesday, April 9th. The stock was sold at an average price of $47.94, for a total transaction of $575,280.00. Following the transaction, the director now owns 60,480 shares of the company’s stock, valued at approximately $2,899,411.20. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 75.00% of the company’s stock.

Hedge Funds Weigh In On National Beverage

Institutional investors and hedge funds have recently modified their holdings of the stock. Headlands Technologies LLC purchased a new stake in shares of National Beverage during the fourth quarter worth $30,000. GAMMA Investing LLC bought a new stake in shares of National Beverage in the 4th quarter valued at approximately $34,000. Covestor Ltd increased its holdings in National Beverage by 12.9% in the third quarter. Covestor Ltd now owns 2,621 shares of the company’s stock worth $123,000 after buying an additional 299 shares during the last quarter. SG Americas Securities LLC bought a new stake in National Beverage in the fourth quarter worth approximately $175,000. Finally, Mutual of America Capital Management LLC acquired a new position in shares of National Beverage during the 4th quarter worth $203,000. 23.95% of the stock is currently owned by hedge funds and other institutional investors.

About National Beverage

National Beverage Corp., through its subsidiaries, develops, produces, markets, and sells a portfolio of sparkling waters, juices, energy drinks, and carbonated soft drinks primarily in the United States and Canada. The company's Power+ brand portfolio offers sparkling water products under the LaCroix, LaCroix Cúrate, and LaCroix NiCola; non-carbonated flavored water under the Clear Fruit; energy drink and shots under the Rip It; juice and juice-based products under Everfresh, Everfresh Premier Varietals, and Mr.