Asset Management One Co. Ltd. Invests $746,000 in National Beverage Corp. (NASDAQ:FIZZ)

Asset Management One Co. Ltd. bought a new position in shares of National Beverage Corp. (NASDAQ:FIZZ) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 17,373 shares of the company’s stock, valued at approximately $746,000.

Other institutional investors have also modified their holdings of the company. Blue Trust Inc. boosted its stake in shares of National Beverage by 323.0% during the third quarter. Blue Trust Inc. now owns 643 shares of the company’s stock valued at $33,000 after purchasing an additional 491 shares in the last quarter. Newbridge Financial Services Group Inc. bought a new position in shares of National Beverage during the fourth quarter valued at approximately $40,000. KBC Group NV boosted its stake in shares of National Beverage by 89.3% during the fourth quarter. KBC Group NV now owns 1,357 shares of the company’s stock valued at $58,000 after purchasing an additional 640 shares in the last quarter. GAMMA Investing LLC boosted its stake in shares of National Beverage by 43.6% during the fourth quarter. GAMMA Investing LLC now owns 1,594 shares of the company’s stock valued at $68,000 after purchasing an additional 484 shares in the last quarter. Finally, Pacer Advisors Inc. boosted its stake in shares of National Beverage by 78.0% during the fourth quarter. Pacer Advisors Inc. now owns 3,171 shares of the company’s stock valued at $135,000 after purchasing an additional 1,390 shares in the last quarter. 23.95% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at National Beverage

In other National Beverage news, Director Cecil D. Conlee sold 2,736 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the director now directly owns 53,744 shares in the company, valued at $2,526,505.44. This trade represents a 4.84 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 74.80% of the stock is owned by insiders.

National Beverage Stock Performance

NASDAQ FIZZ opened at $39.22 on Friday. The firm’s 50 day moving average price is $42.43 and its 200-day moving average price is $45.11. National Beverage Corp. has a 52-week low of $38.68 and a 52-week high of $53.48. The company has a market cap of $3.67 billion, a PE ratio of 19.71 and a beta of 0.84.

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

About National Beverage

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.