6,147 Shares in National Beverage Corp. (NASDAQ:FIZZ) Purchased by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. purchased a new stake in National Beverage Corp. (NASDAQ:FIZZ - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 6,147 shares of the company's stock, valued at approximately $262,000.

Several other institutional investors have also recently bought and sold shares of the stock. Newbridge Financial Services Group Inc. acquired a new stake in shares of National Beverage in the 4th quarter valued at $40,000. Lazard Asset Management LLC acquired a new stake in National Beverage in the fourth quarter worth about $52,000. KBC Group NV raised its holdings in National Beverage by 89.3% during the 4th quarter. KBC Group NV now owns 1,357 shares of the company's stock worth $58,000 after purchasing an additional 640 shares during the last quarter. Tower Research Capital LLC TRC lifted its position in National Beverage by 38.3% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,499 shares of the company's stock valued at $64,000 after purchasing an additional 415 shares during the period. Finally, Quarry LP boosted its stake in shares of National Beverage by 6,875.0% in the 4th quarter. Quarry LP now owns 1,674 shares of the company's stock valued at $71,000 after purchasing an additional 1,650 shares during the last quarter. Institutional investors own 23.95% of the company's stock.

Insider Buying and Selling

In related news, Director Stanley Michael Sheridan sold 8,000 shares of the stock in a transaction that occurred on Tuesday, April 15th. The stock was sold at an average price of $43.40, for a total transaction of $347,200.00. Following the completion of the sale, the director now directly owns 62,408 shares of the company's stock, valued at approximately $2,708,507.20. This represents a 11.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 74.80% of the stock is currently owned by company insiders.

National Beverage Stock Up 0.0%

NASDAQ FIZZ traded up $0.01 on Wednesday, reaching $45.91. The company had a trading volume of 134,216 shares, compared to its average volume of 187,048. National Beverage Corp. has a 52 week low of $38.25 and a 52 week high of $53.48. The stock's 50 day moving average is $43.65 and its 200-day moving average is $43.33. The stock has a market cap of $4.30 billion, a price-to-earnings ratio of 23.07 and a beta of 0.88.

National Beverage (NASDAQ:FIZZ - Get Free Report) last released its quarterly earnings data on Thursday, March 6th. The company reported $0.42 earnings per share 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 firm had revenue of $267.05 million for the quarter, compared to the consensus estimate of $282.22 million.

Wall Street Analyst Weigh In

Separately, UBS Group reduced their price objective on shares of National Beverage from $46.00 to $41.00 and set a "sell" rating on the stock in a research note on Thursday, February 27th.

National Beverage 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.