Tudor Investment Corp ET AL Has $3.19 Million Holdings in National Beverage Corp. (NASDAQ:FIZZ)

Tudor Investment Corp ET AL raised its stake in National Beverage Corp. (NASDAQ:FIZZ - Free Report) by 100.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 74,718 shares of the company's stock after acquiring an additional 37,376 shares during the period. Tudor Investment Corp ET AL owned 0.08% of National Beverage worth $3,188,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of FIZZ. Newbridge Financial Services Group Inc. acquired a new position in National Beverage during the 4th quarter valued at about $40,000. KBC Group NV boosted its stake in shares of National Beverage by 89.3% during the 4th quarter. KBC Group NV now owns 1,357 shares of the company's stock worth $58,000 after acquiring an additional 640 shares in the last quarter. Tower Research Capital LLC TRC increased its stake in National Beverage by 38.3% in the 4th quarter. Tower Research Capital LLC TRC now owns 1,499 shares of the company's stock worth $64,000 after purchasing an additional 415 shares in the last quarter. GAMMA Investing LLC boosted its holdings 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 worth $68,000 after buying an additional 484 shares during the period. Finally, Quarry LP increased its position in shares of National Beverage by 6,875.0% in the fourth quarter. Quarry LP now owns 1,674 shares of the company's stock worth $71,000 after acquiring an additional 1,650 shares in the last quarter. Institutional investors and hedge funds own 23.95% of the company's stock.

Insider Activity at National Beverage

In related news, Director Stanley Michael Sheridan sold 8,000 shares of the stock in a transaction that occurred on Tuesday, April 15th. The shares were sold at an average price of $43.40, for a total value of $347,200.00. Following the transaction, the director now directly owns 62,408 shares in the company, valued at $2,708,507.20. This represents a 11.36 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 74.80% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

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

National Beverage Stock Down 0.3 %

NASDAQ FIZZ traded down $0.13 during trading on Thursday, hitting $43.50. The company's stock had a trading volume of 35,619 shares, compared to its average volume of 183,095. National Beverage Corp. has a 52 week low of $38.25 and a 52 week high of $53.48. The firm has a 50 day moving average price of $42.20 and a 200 day moving average price of $43.71. The firm has a market cap of $4.07 billion, a P/E ratio of 21.86 and a beta of 0.88.

National Beverage (NASDAQ:FIZZ - Get Free Report) last issued its quarterly earnings results on Thursday, March 6th. The company reported $0.42 earnings per share (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 the consensus estimate of $282.22 million. National Beverage had a net margin of 15.63% and a return on equity of 42.80%.

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.