Geode Capital Management LLC Has $33.15 Million Stock Holdings in National Beverage Corp. (NASDAQ:FIZZ)

Geode Capital Management LLC raised its holdings in National Beverage Corp. (NASDAQ:FIZZ) by 4.2% in the 3rd quarter, HoldingsChannel reports. The fund owned 706,076 shares of the company’s stock after acquiring an additional 28,688 shares during the period. Geode Capital Management LLC’s holdings in National Beverage were worth $33,148,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the business. Barclays PLC grew its stake in shares of National Beverage by 389.9% in the third quarter. Barclays PLC now owns 41,810 shares of the company’s stock worth $1,962,000 after purchasing an additional 33,275 shares during the last quarter. Point72 DIFC Ltd bought a new stake in shares of National Beverage in the 3rd quarter valued at about $180,000. HighTower Advisors LLC increased its stake in shares of National Beverage by 6.3% in the third quarter. HighTower Advisors LLC now owns 33,709 shares of the company’s stock valued at $1,584,000 after buying an additional 1,988 shares during the period. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of National Beverage during the third quarter worth about $294,000. Finally, Verition Fund Management LLC lifted its stake in shares of National Beverage by 72.3% in the third quarter. Verition Fund Management LLC now owns 148,892 shares of the company’s stock worth $6,989,000 after acquiring an additional 62,464 shares during the period. Institutional investors own 23.95% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, UBS Group decreased their target price on shares of National Beverage from $46.00 to $45.00 and set a “sell” rating for the company in a research report on Tuesday, September 10th.

Insider Transactions at National Beverage

In related news, Director Cecil D. Conlee sold 2,736 shares of the firm’s 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 completion of the sale, the director now owns 53,744 shares of the company’s stock, valued at $2,526,505.44. This trade represents a 4.84 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 74.80% of the company’s stock.

National Beverage Stock Down 0.7 %

Shares of NASDAQ FIZZ opened at $44.03 on Thursday. The company has a market capitalization of $4.12 billion, a PE ratio of 22.13 and a beta of 0.83. The firm has a fifty day simple moving average of $47.35 and a 200 day simple moving average of $47.31. National Beverage Corp. has a twelve month low of $42.85 and a twelve month high of $53.58.

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.