National Beverage Corp. (NASDAQ:FIZZ) Shares Sold by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC decreased its position in shares of National Beverage Corp. (NASDAQ:FIZZ) by 21.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,031 shares of the company’s stock after selling 7,867 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in National Beverage were worth $1,316,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Canada Pension Plan Investment Board purchased a new stake in National Beverage during the second quarter worth $31,000. Quarry LP increased its holdings in National Beverage by 584.9% during the 2nd quarter. Quarry LP now owns 637 shares of the company’s stock valued at $33,000 after acquiring an additional 544 shares in the last quarter. Blue Trust Inc. increased its holdings in National Beverage by 323.0% during the 3rd quarter. Blue Trust Inc. now owns 643 shares of the company’s stock valued at $33,000 after acquiring an additional 491 shares in the last quarter. Quest Partners LLC acquired a new position in National Beverage during the second quarter worth about $34,000. Finally, Headlands Technologies LLC lifted its holdings in shares of National Beverage by 760.2% in the second quarter. Headlands Technologies LLC now owns 843 shares of the company’s stock valued at $43,000 after purchasing an additional 745 shares in the last quarter. Institutional investors and hedge funds own 23.95% of the company’s stock.

National Beverage Stock Up 0.3 %

Shares of NASDAQ:FIZZ opened at $46.52 on Wednesday. The company has a market cap of $4.35 billion, a P/E ratio of 23.42 and a beta of 0.83. The business has a fifty day simple moving average of $47.33 and a 200-day simple moving average of $47.37. National Beverage Corp. has a 52 week low of $42.85 and a 52 week high of $53.58.

Analyst Upgrades and Downgrades

Separately, UBS Group cut their price objective on 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 Buying and Selling at National Beverage

In other National Beverage news, Director Cecil D. Conlee sold 2,736 shares of National Beverage stock in a transaction on Thursday, December 12th. The shares were 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 $2,526,505.44. This trade represents a 4.84 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 74.80% of the stock is owned by company insiders.

National Beverage 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.