National Beverage (NASDAQ:FIZZ) Sets New 12-Month Low – Time to Sell?

Shares of National Beverage Corp. (NASDAQ:FIZZ) reached a new 52-week low on Thursday . The stock traded as low as $38.25 and last traded at $38.92, with a volume of 21370 shares traded. The stock had previously closed at $40.21.

National Beverage Stock Performance

The stock has a market cap of $3.67 billion, a P/E ratio of 19.67 and a beta of 0.84. The business has a 50 day simple moving average of $42.00 and a 200-day simple moving average of $44.94.

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

Insider Activity

In related news, Director Cecil D. Conlee sold 2,736 shares of the company’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 value of $128,619.36. Following the transaction, the director now owns 53,744 shares in the company, valued at approximately $2,526,505.44. This represents a 4.84 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 74.80% of the company’s stock.

Institutional Trading of National Beverage

Several hedge funds have recently made changes to their positions in the company. Blue Trust Inc. grew its stake in shares of National Beverage by 323.0% during the 3rd quarter. Blue Trust Inc. now owns 643 shares of the company’s stock worth $33,000 after acquiring an additional 491 shares during the period. Newbridge Financial Services Group Inc. purchased a new stake in National Beverage during the fourth quarter valued at about $40,000. Lazard Asset Management LLC bought a new position in National Beverage during the fourth quarter worth about $52,000. KBC Group NV boosted its position in National Beverage by 89.3% during the fourth quarter. KBC Group NV now owns 1,357 shares of the company’s stock worth $58,000 after purchasing an additional 640 shares during the period. Finally, Tower Research Capital LLC TRC increased its stake in shares of National Beverage by 38.3% in the fourth quarter. Tower Research Capital LLC TRC now owns 1,499 shares of the company’s stock worth $64,000 after purchasing an additional 415 shares in 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.