PharVision Advisers LLC Purchases Shares of 7,090 National Beverage Corp. (NASDAQ:FIZZ)

PharVision Advisers LLC acquired a new stake in National Beverage Corp. (NASDAQ:FIZZ - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 7,090 shares of the company's stock, valued at approximately $303,000.

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

Insider Buying and Selling at National Beverage

In other National Beverage news, Director Stanley Michael Sheridan sold 8,000 shares of the stock in a transaction 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 transaction, the director now owns 62,408 shares of the company's stock, valued at $2,708,507.20. This represents a 11.36% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. 74.80% of the stock is owned by insiders.

National Beverage Stock Performance

FIZZ stock traded up $0.30 on Tuesday, reaching $44.25. The company had a trading volume of 17,604 shares, compared to its average volume of 185,668. The company's fifty day moving average is $43.08 and its 200 day moving average is $43.46. The company has a market cap of $4.14 billion, a P/E ratio of 22.23 and a beta of 0.88. National Beverage Corp. has a 1 year low of $38.25 and a 1 year high of $53.48.

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

Wall Street Analysts Forecast Growth

Separately, UBS Group reduced their price target on shares of National Beverage from $46.00 to $41.00 and set a "sell" rating on the stock in a report 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.