Gallacher Capital Management LLC Buys 2,397 Shares of National Beverage Corp. (NASDAQ:FIZZ)

Gallacher Capital Management LLC increased its stake in National Beverage Corp. (NASDAQ:FIZZ) by 28.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,923 shares of the company’s stock after purchasing an additional 2,397 shares during the quarter. Gallacher Capital Management LLC’s holdings in National Beverage were worth $543,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in FIZZ. Exchange Traded Concepts LLC increased its position in National Beverage by 0.8% in the fourth quarter. Exchange Traded Concepts LLC now owns 25,508 shares of the company’s stock worth $1,268,000 after buying an additional 204 shares in the last quarter. Raymond James & Associates raised its stake in National Beverage by 2.2% during the 4th quarter. Raymond James & Associates now owns 10,565 shares of the company’s stock worth $525,000 after acquiring an additional 230 shares during the period. Bleakley Financial Group LLC lifted its holdings in National Beverage by 2.1% during the fourth quarter. Bleakley Financial Group LLC now owns 12,991 shares of the company’s stock valued at $646,000 after purchasing an additional 262 shares in the last quarter. Covestor Ltd raised its position in shares of National Beverage by 12.9% during the 3rd quarter. Covestor Ltd now owns 2,621 shares of the company’s stock valued at $123,000 after purchasing an additional 299 shares during the period. Finally, Strs Ohio lifted its stake in shares of National Beverage by 3.4% during the 3rd quarter. Strs Ohio now owns 15,200 shares of the company’s stock valued at $714,000 after buying an additional 500 shares in the last quarter. Institutional investors own 23.95% of the company’s stock.

Insiders Place Their Bets

In other National Beverage news, Director Cecil D. Conlee sold 12,000 shares of the firm’s stock in a transaction that occurred on Tuesday, April 9th. The stock was sold at an average price of $47.94, for a total transaction of $575,280.00. Following the completion of the transaction, the director now owns 60,480 shares in the company, valued at approximately $2,899,411.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 75.00% of the company’s stock.

National Beverage Stock Down 1.1 %

FIZZ stock traded down $0.50 during trading on Friday, reaching $46.40. The company’s stock had a trading volume of 141,586 shares, compared to its average volume of 137,874. The company’s fifty day moving average is $47.64 and its 200-day moving average is $48.23. The company has a market capitalization of $4.34 billion, a P/E ratio of 25.64 and a beta of 0.87. National Beverage Corp. has a 1 year low of $43.14 and a 1 year high of $55.12.

National Beverage (NASDAQ:FIZZ) last posted its quarterly earnings results on Thursday, March 7th. The company reported $0.42 earnings per share for the quarter. The business 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%.

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.