Nick A. Caporella Buys 1,650 Shares of National Beverage Corp. (NASDAQ:FIZZ) Stock

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.

A number of equities research analysts have issued reports on the company. Guggenheim upped their target price on National Beverage to $45.00 and gave the stock a “sell” rating in a research report on Thursday, May 30th. Imperial Capital reaffirmed an “outperform” rating and set a $65.00 target price (down previously from $150.00) on shares of National Beverage in a research report on Monday, July 1st. Cfra cut National Beverage from a “buy” rating to a “hold” rating and set a $50.00 price objective for the company. in a research report on Tuesday, June 11th. Jefferies Financial Group reduced their price objective on National Beverage from $34.00 to $33.00 and set an “underperform” rating for the company in a research report on Thursday, June 27th. Finally, UBS Group raised National Beverage from a “sell” rating to a “neutral” rating and reduced their price objective for the company from $50.00 to $48.00 in a research report on Tuesday, June 4th. Three research analysts have rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $57.88.

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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