National Beverage Corp. (NASDAQ:FIZZ) Shares Sold by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. lowered its stake in National Beverage Corp. (NASDAQ:FIZZ) by 56.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 62,725 shares of the company’s stock after selling 82,447 shares during the quarter. Assenagon Asset Management S.A. owned approximately 0.07% of National Beverage worth $2,676,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Verition Fund Management LLC lifted its holdings in National Beverage by 72.3% in the 3rd quarter. Verition Fund Management LLC now owns 148,892 shares of the company’s stock worth $6,989,000 after purchasing an additional 62,464 shares during the last quarter. Algert Global LLC boosted its stake in National Beverage by 69.3% in the 3rd quarter. Algert Global LLC now owns 102,098 shares of the company’s stock valued at $4,792,000 after buying an additional 41,777 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in National Beverage by 3.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,145,227 shares of the company’s stock valued at $58,680,000 after buying an additional 40,488 shares in the last quarter. Barclays PLC boosted its stake in 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 in the last quarter. Finally, Geode Capital Management LLC lifted its stake in shares of National Beverage by 4.2% during the third quarter. Geode Capital Management LLC now owns 706,076 shares of the company’s stock valued at $33,148,000 after acquiring an additional 28,688 shares during the period. Hedge funds and other institutional investors own 23.95% of the company’s stock.

National Beverage Trading Down 1.0 %

NASDAQ FIZZ opened at $42.44 on Thursday. National Beverage Corp. has a 12 month low of $41.97 and a 12 month high of $53.48. The stock has a 50-day simple moving average of $45.82 and a 200 day simple moving average of $46.48. The company has a market capitalization of $3.97 billion, a PE ratio of 21.33 and a beta of 0.86.

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

Insider Transactions at National Beverage

In related news, Director Cecil D. Conlee sold 2,736 shares of the company’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 sale, the director now owns 53,744 shares in the company, valued at $2,526,505.44. This represents a 4.84 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 74.80% of the stock is owned by 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.