National Beverage Corp. (NASDAQ:FIZZ – Get Free Report) Director Stanley Michael Sheridan sold 16,000 shares of National Beverage stock in a transaction that occurred on Friday, July 5th. The stock was sold at an average price of $51.81, for a total transaction of $828,960.00. Following the completion of the sale, the director now owns 76,508 shares of the company’s stock, valued at $3,963,879.48. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
National Beverage Stock Up 0.5 %
FIZZ stock opened at $50.11 on Friday. The firm has a 50 day moving average of $47.92 and a 200 day moving average of $48.16. The stock has a market capitalization of $4.69 billion, a PE ratio of 26.51 and a beta of 0.84. National Beverage Corp. has a 52 week low of $42.85 and a 52 week high of $55.12.
National Beverage (NASDAQ:FIZZ – Get Free Report) last posted its quarterly earnings results on Wednesday, June 26th. The company reported $0.47 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.47. National Beverage had a net margin of 14.83% and a return on equity of 36.10%. The company had revenue of $297.32 million during the quarter.
National Beverage Increases Dividend
Hedge Funds Weigh In On National Beverage
Several institutional investors have recently made changes to their positions in the company. Linden Thomas Advisory Services LLC increased its holdings in shares of National Beverage by 12.3% during the 2nd quarter. Linden Thomas Advisory Services LLC now owns 36,340 shares of the company’s stock valued at $1,862,000 after purchasing an additional 3,979 shares in the last quarter. GAMMA Investing LLC increased its holdings in shares of National Beverage by 45.0% during the 2nd quarter. GAMMA Investing LLC now owns 1,109 shares of the company’s stock valued at $57,000 after purchasing an additional 344 shares in the last quarter. Price T Rowe Associates Inc. MD grew its stake in National Beverage by 3.5% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 16,773 shares of the company’s stock valued at $797,000 after acquiring an additional 565 shares during the period. Gabelli Funds LLC grew its stake in National Beverage by 1.1% in the 1st quarter. Gabelli Funds LLC now owns 36,800 shares of the company’s stock valued at $1,747,000 after acquiring an additional 400 shares during the period. Finally, Gamco Investors INC. ET AL grew its stake in National Beverage by 2.0% in the 1st quarter. Gamco Investors INC. ET AL now owns 51,578 shares of the company’s stock valued at $2,448,000 after acquiring an additional 1,000 shares during the period. 23.95% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Separately, UBS Group lifted their target price on shares of National Beverage from $47.00 to $48.00 and gave the stock a “sell” rating in a research note on Friday, June 28th.
Read Our Latest Stock Report on National Beverage
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.
Featured Stories
- Five stocks we like better than National Beverage
- Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?
- Sales Breakout Sends This Semiconductor Stock to Record High
- Best Stocks Under $10.00
- Surprise Buying Opportunity on This Dividend Aristocrat
- Should You Add These Warren Buffett Stocks to Your Portfolio?
- New Theme Park Powerhouse: Merger Creates Industry-Leading Stock
Receive News & Ratings for National Beverage Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Beverage and related companies with MarketBeat.com's FREE daily email newsletter.