Pacer Advisors Inc. Acquires 1,390 Shares of National Beverage Corp. (NASDAQ:FIZZ)

Pacer Advisors Inc. raised its holdings in National Beverage Corp. (NASDAQ:FIZZ) by 78.0% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,171 shares of the company’s stock after buying an additional 1,390 shares during the period. Pacer Advisors Inc.’s holdings in National Beverage were worth $135,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of FIZZ. Blue Trust Inc. raised its stake in National Beverage by 323.0% in the third quarter. Blue Trust Inc. now owns 643 shares of the company’s stock valued at $33,000 after buying an additional 491 shares during the period. KBC Group NV raised its stake in National Beverage by 89.3% in the fourth quarter. KBC Group NV now owns 1,357 shares of the company’s stock valued at $58,000 after buying an additional 640 shares during the period. GAMMA Investing LLC raised its stake in National Beverage by 43.6% in the fourth quarter. GAMMA Investing LLC now owns 1,594 shares of the company’s stock valued at $68,000 after buying an additional 484 shares during the period. nVerses Capital LLC raised its stake in National Beverage by 325.0% in the third quarter. nVerses Capital LLC now owns 1,700 shares of the company’s stock valued at $80,000 after buying an additional 1,300 shares during the period. Finally, Point72 DIFC Ltd bought a new stake in National Beverage in the third quarter valued at approximately $180,000. Institutional investors own 23.95% of the company’s stock.

Insider Transactions at National Beverage

In related news, Director Cecil D. Conlee sold 2,736 shares of the stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $47.01, for a total transaction of $128,619.36. Following the sale, the director now owns 53,744 shares of the company’s stock, valued at $2,526,505.44. This represents a 4.84 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 74.80% of the stock is owned by corporate insiders.

National Beverage Trading Down 1.9 %

Shares of NASDAQ FIZZ opened at $40.31 on Wednesday. The firm has a market cap of $3.77 billion, a P/E ratio of 20.26 and a beta of 0.84. National Beverage Corp. has a 1-year low of $40.31 and a 1-year high of $53.48. The business’s 50 day moving average is $44.57 and its 200-day moving average is $45.85.

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

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.