National Beverage Corp. (NASDAQ:FIZZ) CEO Nick A. Caporella bought 1,650 shares of the firm’s stock in a transaction on Monday, March 18th. The shares were bought at an average cost of $60.31 per share, with a total value of $99,511.50. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Shares of FIZZ traded up $0.01 during mid-day trading on Friday, hitting $40.66. The company’s stock had a trading volume of 561,728 shares, compared to its average volume of 443,807. National Beverage Corp. has a one year low of $38.28 and a one year high of $124.94. The firm has a market capitalization of $1.89 billion, a PE ratio of 13.55, a price-to-earnings-growth ratio of 8.00 and a beta of 1.29. The stock’s 50-day moving average is $42.31 and its two-hundred day moving average is $51.07.
National Beverage (NASDAQ:FIZZ) last posted its quarterly earnings data on Thursday, September 5th. The company reported $0.74 earnings per share for the quarter, missing the consensus estimate of $0.77 by ($0.03). National Beverage had a net margin of 13.89% and a return on equity of 39.35%. The business had revenue of $263.57 million during the quarter, compared to the consensus estimate of $272.85 million. During the same period in the prior year, the company posted $1.04 earnings per share. The firm’s revenue was down 9.9% compared to the same quarter last year. Research analysts expect that National Beverage Corp. will post 2.54 earnings per share for the current fiscal year.
Several institutional investors and hedge funds have recently bought and sold shares of FIZZ. Renaissance Technologies LLC raised its holdings in National Beverage by 7.5% in the 2nd quarter. Renaissance Technologies LLC now owns 2,670,500 shares of the company’s stock valued at $119,184,000 after acquiring an additional 187,000 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of National Beverage by 6.4% in the second quarter. Vanguard Group Inc. now owns 1,340,339 shares of the company’s stock worth $59,820,000 after buying an additional 80,121 shares during the period. Kayne Anderson Rudnick Investment Management LLC boosted its position in National Beverage by 20.9% during the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 1,026,698 shares of the company’s stock valued at $45,822,000 after acquiring an additional 177,583 shares in the last quarter. Morgan Stanley boosted its position in National Beverage by 314.4% during the 2nd quarter. Morgan Stanley now owns 588,296 shares of the company’s stock valued at $26,255,000 after acquiring an additional 446,322 shares in the last quarter. Finally, Man Group plc boosted its position in National Beverage by 50.8% during the 2nd quarter. Man Group plc now owns 533,589 shares of the company’s stock valued at $23,814,000 after acquiring an additional 179,734 shares in the last quarter. 26.40% of the stock is owned by institutional investors.
About National Beverage
National Beverage Corp., through its subsidiaries, develops, produces, markets, and sells a portfolio of waters, juices, energy drinks, and carbonated soft drinks primarily in the United States and Canada. The company offers beverages to the active and health-conscious consumers, including sparkling waters, energy drinks, and juices under the LaCroix, LaCroix Cúrate, LaCroix NiCola, Shasta Sparkling Water, the Rip It, Everfresh, Everfresh Premier Varietals, and Mr.
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