Denali Advisors LLC Purchases 2,588 Shares of National Beverage Corp. (NASDAQ:FIZZ)

Denali Advisors LLC increased its position in National Beverage Corp. (NASDAQ:FIZZ) by 1.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 149,620 shares of the company’s stock after acquiring an additional 2,588 shares during the quarter. Denali Advisors LLC owned about 0.16% of National Beverage worth $6,384,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Assenagon Asset Management S.A. increased its stake in shares of National Beverage by 84.9% in the third quarter. Assenagon Asset Management S.A. now owns 145,172 shares of the company’s stock worth $6,814,000 after purchasing an additional 66,661 shares during the period. Verition Fund Management LLC grew 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 valued at $6,989,000 after buying an additional 62,464 shares during the last quarter. Algert Global LLC increased its position in National Beverage by 69.3% in the 3rd quarter. Algert Global LLC now owns 102,098 shares of the company’s stock worth $4,792,000 after buying an additional 41,777 shares during the period. Barclays PLC lifted its holdings in shares of National Beverage by 389.9% during the third 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 last quarter. Finally, Geode Capital Management LLC boosted its position in shares of National Beverage by 4.2% in 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. Institutional investors and hedge funds own 23.95% of the company’s stock.

National Beverage Trading Up 2.2 %

Shares of FIZZ stock opened at $41.92 on Wednesday. The firm has a market capitalization of $3.92 billion, a P/E ratio of 21.07 and a beta of 0.84. National Beverage Corp. has a 1 year low of $38.68 and a 1 year high of $53.48. The firm’s fifty day simple moving average is $42.20 and its 200 day simple moving average is $45.01.

National Beverage (NASDAQ:FIZZ) last posted its quarterly earnings results 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%.

Insider Buying and Selling

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 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 in the company, valued at approximately $2,526,505.44. This trade represents a 4.84 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 74.80% of the stock is owned by company insiders.

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.