National Beverage (NASDAQ:FIZZ) Reaches New 12-Month Low – Time to Sell?

Shares of National Beverage Corp. (NASDAQ:FIZZ) reached a new 52-week low during trading on Wednesday . The stock traded as low as $41.98 and last traded at $42.15, with a volume of 30636 shares changing hands. The stock had previously closed at $42.89.

National Beverage Stock Performance

The business has a 50 day simple moving average of $45.96 and a 200-day simple moving average of $46.55. The firm has a market capitalization of $3.98 billion, a price-to-earnings ratio of 21.35 and a beta of 0.86.

National Beverage (NASDAQ:FIZZ) last released its earnings results on Thursday, December 5th. The company reported $0.49 earnings per share (EPS) for the quarter. National Beverage had a return on equity of 42.80% and a net margin of 15.63%.

Insider Buying and Selling

In other news, Director Cecil D. Conlee sold 2,736 shares of the company’s stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $47.01, for a total transaction of $128,619.36. Following the completion of the sale, the director now owns 53,744 shares in the company, valued at approximately $2,526,505.44. This represents a 4.84 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 74.80% of the company’s stock.

Institutional Trading of National Beverage

Several hedge funds have recently added to or reduced their stakes in FIZZ. Canada Pension Plan Investment Board acquired a new position in National Beverage during the second quarter valued at approximately $31,000. Quarry LP raised its holdings in shares of National Beverage by 584.9% in the 2nd quarter. Quarry LP now owns 637 shares of the company’s stock worth $33,000 after acquiring an additional 544 shares during the last quarter. Blue Trust Inc. raised its holdings in shares of National Beverage by 323.0% in the 3rd quarter. Blue Trust Inc. now owns 643 shares of the company’s stock worth $33,000 after acquiring an additional 491 shares during the last quarter. KBC Group NV increased its stake in National Beverage by 89.3% in the 4th quarter. KBC Group NV now owns 1,357 shares of the company’s stock valued at $58,000 after buying an additional 640 shares during the last quarter. Finally, GAMMA Investing LLC grew its position in shares of National Beverage by 43.6% during the 4th quarter. GAMMA Investing LLC now owns 1,594 shares of the company’s stock valued at $68,000 after acquiring an additional 484 shares during the period. Institutional investors and hedge funds own 23.95% of the company’s stock.

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.