Barclays PLC Has $1.96 Million Position in National Beverage Corp. (NASDAQ:FIZZ)

Barclays PLC grew its position in National Beverage Corp. (NASDAQ:FIZZ) by 389.9% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 41,810 shares of the company’s stock after purchasing an additional 33,275 shares during the period. Barclays PLC’s holdings in National Beverage were worth $1,962,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in FIZZ. Canada Pension Plan Investment Board acquired a new position in National Beverage in the second quarter valued at about $31,000. Quarry LP boosted its holdings in shares of National Beverage by 584.9% in the 2nd quarter. Quarry LP now owns 637 shares of the company’s stock worth $33,000 after acquiring an additional 544 shares in the last quarter. Blue Trust Inc. grew its position in 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 last quarter. Quest Partners LLC bought a new position in National Beverage in the 2nd quarter valued at $34,000. Finally, Headlands Technologies LLC raised its position in National Beverage by 760.2% in the 2nd quarter. Headlands Technologies LLC now owns 843 shares of the company’s stock valued at $43,000 after purchasing an additional 745 shares during the last quarter. Institutional investors own 23.95% of the company’s stock.

Insiders Place Their Bets

In other National Beverage news, Director Cecil D. Conlee sold 2,736 shares of the business’s stock in a transaction dated 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 directly owns 53,744 shares of the company’s stock, valued at approximately $2,526,505.44. The trade was a 4.84 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 74.80% of the company’s stock.

National Beverage Trading Down 0.5 %

Shares of FIZZ stock opened at $43.83 on Friday. National Beverage Corp. has a 1 year low of $42.85 and a 1 year high of $53.58. The firm’s 50 day moving average is $47.30 and its 200-day moving average is $47.29. The firm has a market capitalization of $4.10 billion, a price-to-earnings ratio of 22.03 and a beta of 0.83.

Analysts Set New Price Targets

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

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.