National Beverage (NASDAQ:FIZZ) Sets New 12-Month Low – Here’s What Happened

Shares of National Beverage Corp. (NASDAQ:FIZZ) hit a new 52-week low during trading on Monday . The stock traded as low as $41.51 and last traded at $41.57, with a volume of 396 shares trading hands. The stock had previously closed at $42.05.

National Beverage Stock Performance

The stock has a market capitalization of $3.91 billion, a P/E ratio of 21.04 and a beta of 0.84. The company’s 50-day moving average price is $44.91 and its 200 day moving average price is $46.00.

National Beverage (NASDAQ:FIZZ) last announced its quarterly earnings data on Thursday, December 5th. The company reported $0.49 EPS for the quarter. National Beverage had a net margin of 15.63% and a return on equity of 42.80%.

Insider Buying and Selling at National Beverage

In other National Beverage news, Director Cecil D. Conlee sold 2,736 shares of National Beverage stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $47.01, for a total value of $128,619.36. Following the sale, the director now directly owns 53,744 shares in the company, valued at approximately $2,526,505.44. The trade was a 4.84 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 74.80% of the stock is currently owned by insiders.

Institutional Trading of National Beverage

A number of large investors have recently made changes to their positions in FIZZ. Assenagon Asset Management S.A. increased its holdings in shares of National Beverage by 84.9% in the 3rd quarter. Assenagon Asset Management S.A. now owns 145,172 shares of the company’s stock worth $6,814,000 after buying an additional 66,661 shares during the last quarter. Verition Fund Management LLC increased its holdings in shares of National Beverage by 72.3% in the 3rd quarter. Verition Fund Management LLC now owns 148,892 shares of the company’s stock worth $6,989,000 after buying an additional 62,464 shares during the last quarter. Algert Global LLC increased its holdings in shares of National Beverage by 69.3% in the 3rd quarter. Algert Global LLC now owns 102,098 shares of the company’s stock worth $4,792,000 after buying an additional 41,777 shares during the last quarter. Barclays PLC grew its holdings in National Beverage by 389.9% during the 3rd quarter. Barclays PLC now owns 41,810 shares of the company’s stock valued at $1,962,000 after purchasing an additional 33,275 shares during the last quarter. Finally, Geode Capital Management LLC grew its holdings in National Beverage by 4.2% during the 3rd quarter. Geode Capital Management LLC now owns 706,076 shares of the company’s stock valued at $33,148,000 after purchasing an additional 28,688 shares during the last quarter. 23.95% of the stock is currently owned by institutional investors.

National Beverage Company Profile

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.