Raymond James & Associates Acquires 230 Shares of National Beverage Corp. (NASDAQ:FIZZ)

Raymond James & Associates boosted its holdings in shares of National Beverage Corp. (NASDAQ:FIZZ) by 2.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,565 shares of the company’s stock after purchasing an additional 230 shares during the quarter. Raymond James & Associates’ holdings in National Beverage were worth $525,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the business. Invesco Ltd. increased its position in shares of National Beverage by 67.3% during the 3rd quarter. Invesco Ltd. now owns 210,971 shares of the company’s stock valued at $9,920,000 after purchasing an additional 84,870 shares during the last quarter. Envestnet Asset Management Inc. increased its position in National Beverage by 50.3% during the third quarter. Envestnet Asset Management Inc. now owns 196,288 shares of the company’s stock valued at $9,229,000 after acquiring an additional 65,702 shares during the last quarter. Qube Research & Technologies Ltd increased its position in National Beverage by 59.9% during the third quarter. Qube Research & Technologies Ltd now owns 117,144 shares of the company’s stock valued at $5,508,000 after acquiring an additional 43,864 shares during the last quarter. Exchange Traded Concepts LLC purchased a new stake in shares of National Beverage in the third quarter valued at $1,190,000. Finally, Connor Clark & Lunn Investment Management Ltd. lifted its holdings in shares of National Beverage by 65.1% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 51,266 shares of the company’s stock worth $2,411,000 after acquiring an additional 20,208 shares during the last quarter. Institutional investors own 23.95% of the company’s stock.

Insiders Place Their Bets

In other news, Director Cecil D. Conlee sold 12,000 shares of the business’s stock in a transaction on Tuesday, April 9th. The shares were sold at an average price of $47.94, for a total transaction of $575,280.00. Following the completion of the sale, the director now directly owns 60,480 shares of the company’s stock, valued at $2,899,411.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 75.00% of the company’s stock.

National Beverage Trading Up 0.1 %

Shares of NASDAQ:FIZZ opened at $43.56 on Friday. National Beverage Corp. has a 12 month low of $43.33 and a 12 month high of $55.12. The company has a market capitalization of $4.07 billion, a price-to-earnings ratio of 24.07 and a beta of 0.84. The firm’s 50-day moving average is $48.15 and its 200 day moving average is $48.21.

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

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.