National Beverage Corp. (NASDAQ:FIZZ - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $42.90 and traded as high as $43.00. National Beverage shares last traded at $42.39, with a volume of 443,921 shares changing hands.
National Beverage Trading Up 4.1%
The company has a market capitalization of $4.21 billion, a PE ratio of 22.62 and a beta of 0.81. The stock's 50-day moving average is $44.32 and its two-hundred day moving average is $42.80.
Insider Buying and Selling
In other news, Director Stanley Michael Sheridan sold 8,000 shares of National Beverage 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 completion of the sale, the director directly owned 62,408 shares in the company, valued at approximately $2,708,507.20. This trade represents a 11.36% decrease in their ownership of the stock. 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 owned by company insiders.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in FIZZ. Schroder Investment Management Group purchased a new stake in National Beverage in the 4th quarter valued at about $608,000. Deutsche Bank AG boosted its holdings in shares of National Beverage by 55.9% in the fourth quarter. Deutsche Bank AG now owns 23,248 shares of the company's stock valued at $992,000 after purchasing an additional 8,332 shares during the period. JPMorgan Chase & Co. grew its stake in National Beverage by 151.4% in the fourth quarter. JPMorgan Chase & Co. now owns 133,050 shares of the company's stock worth $5,677,000 after purchasing an additional 80,126 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in National Beverage by 2.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 271,658 shares of the company's stock worth $11,592,000 after purchasing an additional 7,075 shares in the last quarter. Finally, Northern Trust Corp increased its holdings in National Beverage by 10.6% during the 4th quarter. Northern Trust Corp now owns 295,028 shares of the company's stock worth $12,589,000 after purchasing an additional 28,186 shares during the period. Hedge funds and other institutional investors own 23.95% of the company's stock.
About National Beverage
(
Get Free Report)
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.
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