National Beverage (NASDAQ:FIZZ) Reaches New 52-Week Low at $43.14

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

National Beverage Stock Up 1.0 %

The company has a 50 day moving average of $47.80 and a two-hundred day moving average of $48.20. The firm has a market cap of $4.20 billion, a P/E ratio of 24.83 and a beta of 0.87.

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

Insider Activity at National Beverage

In related news, Director Cecil D. Conlee sold 12,000 shares of the firm’s 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 completion of the transaction, the director now owns 60,480 shares of the company’s stock, valued at $2,899,411.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 75.00% of the company’s stock.

Institutional Investors Weigh In On National Beverage

Several hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. lifted its stake in National Beverage by 1.8% in the 4th quarter. Vanguard Group Inc. now owns 2,751,778 shares of the company’s stock worth $136,818,000 after acquiring an additional 49,441 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in National Beverage by 3.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,101,778 shares of the company’s stock worth $54,780,000 after acquiring an additional 39,985 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in National Beverage by 3.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 311,371 shares of the company’s stock worth $15,481,000 after acquiring an additional 10,239 shares in the last quarter. Invesco Ltd. lifted its stake in National Beverage by 67.3% in the 3rd quarter. Invesco Ltd. now owns 210,971 shares of the company’s stock worth $9,920,000 after acquiring an additional 84,870 shares in the last quarter. Finally, Norges Bank purchased a new stake in National Beverage in the 4th quarter worth about $10,309,000. 23.95% of the stock is owned by hedge funds and other 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.