National Beverage (NASDAQ:FIZZ) Hits New 12-Month Low at $43.71

National Beverage Corp. (NASDAQ:FIZZ) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $43.71 and last traded at $44.23, with a volume of 24178 shares. The stock had previously closed at $44.42.

National Beverage Stock Performance

The company has a 50-day simple moving average of $48.51 and a 200-day simple moving average of $48.29. The company has a market cap of $4.17 billion, a price-to-earnings ratio of 24.54 and a beta of 0.84.

National Beverage (NASDAQ:FIZZ) last posted its earnings results on Thursday, March 7th. The company reported $0.42 earnings per share for the quarter. National Beverage had a return on equity of 38.23% and a net margin of 14.34%. The company had revenue of $270.07 million for the quarter.

Insider Buying and Selling

In other National Beverage news, Director Cecil D. Conlee sold 12,000 shares of the firm’s stock in a transaction dated Tuesday, April 9th. The stock was sold at an average price of $47.94, for a total value of $575,280.00. Following the transaction, the director now directly owns 60,480 shares of the company’s stock, valued at $2,899,411.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 75.00% of the company’s stock.

Institutional Investors Weigh In On National Beverage

A number of institutional investors have recently made changes to their positions in the company. Exchange Traded Concepts LLC increased its position in National Beverage by 0.8% in the fourth quarter. Exchange Traded Concepts LLC now owns 25,508 shares of the company’s stock worth $1,268,000 after buying an additional 204 shares during the period. Handelsbanken Fonder AB lifted its position in National Beverage by 3.6% in the 3rd quarter. Handelsbanken Fonder AB now owns 6,483 shares of the company’s stock valued at $305,000 after purchasing an additional 225 shares during the last quarter. Raymond James & Associates boosted its stake in National Beverage by 2.2% during the 4th quarter. Raymond James & Associates now owns 10,565 shares of the company’s stock valued at $525,000 after purchasing an additional 230 shares during the period. Bleakley Financial Group LLC grew its position in National Beverage by 2.1% in the 4th quarter. Bleakley Financial Group LLC now owns 12,991 shares of the company’s stock worth $646,000 after purchasing an additional 262 shares during the last quarter. Finally, Covestor Ltd increased its stake in shares of National Beverage by 12.9% in the third quarter. Covestor Ltd now owns 2,621 shares of the company’s stock valued at $123,000 after purchasing an additional 299 shares during the period. 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.