6,181 Shares in National Beverage Corp. (NASDAQ:FIZZ) Purchased by PDT Partners LLC

PDT Partners LLC acquired a new position in shares of National Beverage Corp. (NASDAQ:FIZZ - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 6,181 shares of the company's stock, valued at approximately $264,000.

A number of other large investors also recently modified their holdings of the company. Newbridge Financial Services Group Inc. bought a new position in National Beverage in the 4th quarter valued at $40,000. KBC Group NV grew its stake in National Beverage by 89.3% during the fourth quarter. KBC Group NV now owns 1,357 shares of the company's stock valued at $58,000 after acquiring an additional 640 shares in the last quarter. Tower Research Capital LLC TRC increased its holdings in National Beverage by 38.3% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,499 shares of the company's stock worth $64,000 after acquiring an additional 415 shares during the period. GAMMA Investing LLC lifted its stake in National Beverage by 43.6% in the 4th quarter. GAMMA Investing LLC now owns 1,594 shares of the company's stock worth $68,000 after purchasing an additional 484 shares in the last quarter. Finally, Quarry LP grew its position in shares of 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 purchasing an additional 1,650 shares in the last quarter. 23.95% of the stock is currently owned by institutional investors.

National Beverage Trading Up 0.2 %

Shares of FIZZ stock traded up $0.09 during trading hours on Thursday, hitting $43.72. 46,497 shares of the company's stock were exchanged, compared to its average volume of 183,128. The business's 50 day simple moving average is $42.20 and its 200-day simple moving average is $43.71. National Beverage Corp. has a 12-month low of $38.25 and a 12-month high of $53.48. The company has a market capitalization of $4.09 billion, a PE ratio of 21.98 and a beta of 0.88.

National Beverage (NASDAQ:FIZZ - Get Free Report) last announced its quarterly earnings data on Thursday, March 6th. The company reported $0.42 EPS for the quarter, missing the consensus estimate of $0.45 by ($0.03). The firm had revenue of $267.05 million for 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%.

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 value of $347,200.00. Following the completion of the sale, the director now owns 62,408 shares in the company, valued at approximately $2,708,507.20. This represents a 11.36 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 74.80% of the company's stock.

Wall Street Analyst Weigh In

Separately, UBS Group dropped their price objective on National Beverage from $46.00 to $41.00 and set a "sell" rating for the company in a research note 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.