Jefferies Financial Group Inc. Buys Shares of 6,147 National Beverage Corp. (NASDAQ:FIZZ)

Jefferies Financial Group Inc. acquired a new position in shares of National Beverage Corp. (NASDAQ:FIZZ - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,147 shares of the company's stock, valued at approximately $262,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Newbridge Financial Services Group Inc. bought a new stake in National Beverage during the fourth quarter worth about $40,000. KBC Group NV raised its stake in National Beverage by 89.3% during the fourth quarter. KBC Group NV now owns 1,357 shares of the company's stock worth $58,000 after acquiring an additional 640 shares in the last quarter. Tower Research Capital LLC TRC raised its stake in National Beverage by 38.3% during the fourth quarter. Tower Research Capital LLC TRC now owns 1,499 shares of the company's stock worth $64,000 after acquiring an additional 415 shares in the last quarter. Quarry LP raised its stake in National Beverage by 6,875.0% during the fourth quarter. Quarry LP now owns 1,674 shares of the company's stock worth $71,000 after acquiring an additional 1,650 shares in the last quarter. Finally, Jones Financial Companies Lllp raised its stake in National Beverage by 158.3% during the fourth quarter. Jones Financial Companies Lllp now owns 2,387 shares of the company's stock worth $102,000 after acquiring an additional 1,463 shares in the last quarter. Institutional investors own 23.95% of the company's stock.

Insider Activity

In other National Beverage news, Director Stanley Michael Sheridan sold 8,000 shares of the business's stock in a transaction that occurred on Tuesday, April 15th. The shares were sold at an average price of $43.40, for a total transaction of $347,200.00. Following the sale, the director now directly owns 62,408 shares of the company's stock, valued at $2,708,507.20. The trade was a 11.36% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 74.80% of the stock is currently owned by insiders.

National Beverage Trading Down 0.6%

NASDAQ FIZZ traded down $0.28 during trading on Wednesday, hitting $45.32. 179,281 shares of the company's stock were exchanged, compared to its average volume of 185,362. The company has a market cap of $4.24 billion, a PE ratio of 22.77 and a beta of 0.88. National Beverage Corp. has a fifty-two week low of $38.25 and a fifty-two week high of $53.48. The stock's 50 day moving average price is $42.87 and its two-hundred day moving average price is $43.63.

National Beverage (NASDAQ:FIZZ - Get Free Report) last issued its earnings results on Thursday, March 6th. The company reported $0.42 EPS for the quarter, missing the consensus estimate of $0.45 by ($0.03). National Beverage had a return on equity of 42.80% and a net margin of 15.63%. The business had revenue of $267.05 million for the quarter, compared to analyst estimates of $282.22 million.

Analyst Upgrades and Downgrades

Separately, UBS Group lowered their target price on National Beverage from $46.00 to $41.00 and set a "sell" rating for the company in a research note on Thursday, February 27th.

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.