Jump Financial LLC Invests $277,000 in National Beverage Corp. (NASDAQ:FIZZ)

Jump Financial LLC acquired a new position in shares of National Beverage Corp. (NASDAQ:FIZZ - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 6,500 shares of the company's stock, valued at approximately $277,000.

Several other institutional investors have also recently added to or reduced their stakes in FIZZ. Barclays PLC lifted its stake in shares of National Beverage by 389.9% during the third quarter. Barclays PLC now owns 41,810 shares of the company's stock valued at $1,962,000 after buying an additional 33,275 shares during the period. Franklin Resources Inc. boosted its holdings in shares of National Beverage by 3.4% during the third quarter. Franklin Resources Inc. now owns 11,547 shares of the company's stock worth $528,000 after purchasing an additional 383 shares during the last quarter. GAMMA Investing LLC grew its position in shares of National Beverage by 43.6% in the fourth quarter. GAMMA Investing LLC now owns 1,594 shares of the company's stock valued at $68,000 after purchasing an additional 484 shares during the period. Exchange Traded Concepts LLC increased its stake in National Beverage by 4.3% in the fourth quarter. Exchange Traded Concepts LLC now owns 39,559 shares of the company's stock valued at $1,688,000 after purchasing an additional 1,624 shares during the last quarter. Finally, Linden Thomas Advisory Services LLC increased its stake in National Beverage by 1.5% in the fourth quarter. Linden Thomas Advisory Services LLC now owns 37,256 shares of the company's stock valued at $1,590,000 after purchasing an additional 564 shares during the last quarter. Institutional investors and hedge funds own 23.95% of the company's stock.

National Beverage Price Performance

FIZZ stock traded down $0.21 during midday trading on Friday, reaching $43.03. 18,868 shares of the company's stock traded hands, compared to its average volume of 182,316. National Beverage Corp. has a fifty-two week low of $38.25 and a fifty-two week high of $53.48. The business has a 50-day moving average price of $41.94 and a two-hundred day moving average price of $43.78. The company has a market capitalization of $4.03 billion, a P/E ratio of 21.62 and a beta of 0.94.

National Beverage (NASDAQ:FIZZ - Get Free Report) last posted its earnings results 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 net margin of 15.63% and a return on equity of 42.80%. The business had revenue of $267.05 million for the quarter, compared to analyst estimates of $282.22 million.

Analysts Set New Price Targets

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

Insider Transactions at National Beverage

In related news, Director Stanley Michael Sheridan sold 8,000 shares of National Beverage stock in a transaction 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 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 filing with the SEC, which is accessible through the SEC website. Company insiders own 74.80% of the company's stock.

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.