Insider Selling: National Beverage Corp. (NASDAQ:FIZZ) Director Sells 12,000 Shares of Stock

National Beverage Corp. (NASDAQ:FIZZ - Get Free Report) Director Cecil D. Conlee sold 12,000 shares of the business's stock in a transaction on Tuesday, April 9th. The stock was sold at an average price of $47.94, for a total value of $575,280.00. Following the sale, the director now owns 60,480 shares in the company, valued at $2,899,411.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

National Beverage Trading Down 0.6 %

Shares of NASDAQ FIZZ traded down $0.27 during trading on Thursday, reaching $46.76. The company had a trading volume of 101,753 shares, compared to its average volume of 158,825. National Beverage Corp. has a twelve month low of $43.74 and a twelve month high of $55.12. The stock has a market capitalization of $4.37 billion, a PE ratio of 25.83 and a beta of 0.84. The stock has a 50-day moving average price of $48.85 and a two-hundred day moving average price of $48.35.

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

Institutional Investors Weigh In On National Beverage

A number of institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. grew its position in National Beverage by 0.5% during the third quarter. BlackRock Inc. now owns 3,629,716 shares of the company's stock valued at $139,891,000 after acquiring an additional 18,278 shares during the period. Vanguard Group Inc. grew its position in National Beverage by 1.8% during the fourth quarter. Vanguard Group Inc. now owns 2,751,778 shares of the company's stock valued at $136,818,000 after acquiring an additional 49,441 shares during the period. Dimensional Fund Advisors LP grew its position in National Beverage by 3.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,101,778 shares of the company's stock valued at $54,780,000 after acquiring an additional 39,985 shares during the period. Finally, State Street Corp grew its position in National Beverage by 1.8% during the second quarter. State Street Corp now owns 858,842 shares of the company's stock valued at $41,525,000 after acquiring an additional 15,590 shares during the period. Hedge funds and other institutional investors own 23.95% of the company's stock.

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.