National Beverage (NASDAQ:FIZZ) Stock Price Up 6.7% - Time to Buy?

National Beverage Corp. (NASDAQ:FIZZ - Get Free Report) rose 6.7% during trading on Thursday . The company traded as high as $47.58 and last traded at $47.87. Approximately 175,993 shares traded hands during trading, a decline of 1% from the average daily volume of 177,612 shares. The stock had previously closed at $44.85.

National Beverage Trading Up 4.5%

The stock has a fifty day moving average price of $44.33 and a 200 day moving average price of $42.81. The firm has a market cap of $4.39 billion, a price-to-earnings ratio of 23.55 and a beta of 0.81.

National Beverage (NASDAQ:FIZZ - Get Free Report) last announced its quarterly earnings results on Wednesday, July 2nd. The company reported $0.48 EPS for the quarter, meeting the consensus estimate of $0.48. National Beverage had a return on equity of 45.71% and a net margin of 15.68%. The company had revenue of $313.63 million for the quarter, compared to the consensus estimate of $303.26 million. During the same quarter last year, the company posted $0.47 earnings per share.

Insider Transactions at National Beverage

In other news, Director Stanley Michael Sheridan sold 8,000 shares of National Beverage stock in a transaction dated Tuesday, April 15th. The stock was sold at an average price of $43.40, for a total value of $347,200.00. Following the transaction, the director directly owned 62,408 shares in the company, valued at approximately $2,708,507.20. The trade was a 11.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 74.80% of the stock is owned by company insiders.

Institutional Trading of National Beverage

Several hedge funds have recently added to or reduced their stakes in the business. Illinois Municipal Retirement Fund lifted its holdings in shares of National Beverage by 5.4% during the fourth quarter. Illinois Municipal Retirement Fund now owns 12,916 shares of the company's stock worth $551,000 after buying an additional 663 shares during the last quarter. Jones Financial Companies Lllp increased its position in National Beverage by 158.3% during the fourth quarter. Jones Financial Companies Lllp now owns 2,387 shares of the company's stock worth $102,000 after acquiring an additional 1,463 shares during the period. Charles Schwab Investment Management Inc. raised its stake in National Beverage by 2.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 271,658 shares of the company's stock valued at $11,592,000 after purchasing an additional 7,075 shares during the last quarter. Raymond James Financial Inc. bought a new stake in National Beverage in the 4th quarter valued at $631,000. Finally, Warburton Capital Management LLC bought a new stake in National Beverage in the 4th quarter valued at $277,000. Institutional investors own 23.95% of the company's stock.

National Beverage Company 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.

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