National Beverage (NASDAQ:FIZZ) Reaches New 52-Week Low – Time to Sell?

National Beverage Corp. (NASDAQ:FIZZ)’s stock price reached a new 52-week low on Tuesday . The company traded as low as $39.86 and last traded at $39.94, with a volume of 61173 shares. The stock had previously closed at $40.26.

National Beverage Trading Down 1.0 %

The business’s 50-day simple moving average is $43.82 and its 200 day simple moving average is $45.59. The firm has a market cap of $3.73 billion, a PE ratio of 20.02 and a beta of 0.84.

National Beverage (NASDAQ:FIZZ) last released its quarterly 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 Activity

In other National Beverage news, Director Cecil D. Conlee sold 2,736 shares of the firm’s stock in a transaction dated Thursday, December 12th. The stock was 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 owns 53,744 shares of the company’s stock, valued at approximately $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 can be accessed through the SEC website. Company insiders own 74.80% of the company’s stock.

Institutional Investors Weigh In On National Beverage

Institutional investors and hedge funds have recently made changes to their positions in the stock. Jennison Associates LLC acquired a new stake in National Beverage during the 3rd quarter worth about $1,126,000. Barclays PLC increased its holdings in National Beverage by 389.9% in the 3rd quarter. Barclays PLC now owns 41,810 shares of the company’s stock worth $1,962,000 after buying an additional 33,275 shares during the period. Geode Capital Management LLC lifted its stake in National Beverage by 4.2% during the 3rd 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. SG Americas Securities LLC boosted its holdings in shares of National Beverage by 11.6% in the 3rd quarter. SG Americas Securities LLC now owns 11,066 shares of the company’s stock valued at $519,000 after acquiring an additional 1,146 shares during the last quarter. Finally, New York State Teachers Retirement System increased its stake in shares of National Beverage by 8.3% in the third quarter. New York State Teachers Retirement System now owns 25,713 shares of the company’s stock worth $1,207,000 after acquiring an additional 1,967 shares during the period. 23.95% of the stock is currently owned by institutional investors and hedge funds.

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.