Asset Management One Co. Ltd. Takes Position in National Beverage Corp. (NASDAQ:FIZZ)

Asset Management One Co. Ltd. bought a new position in National Beverage Corp. (NASDAQ:FIZZ - Free Report) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 17,373 shares of the company's stock, valued at approximately $746,000.

A number of other large investors also recently added to or reduced their stakes in the business. Allspring Global Investments Holdings LLC raised its position in National Beverage by 1,292.0% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 27,270 shares of the company's stock worth $1,156,000 after purchasing an additional 25,311 shares during the period. Newbridge Financial Services Group Inc. purchased a new position in National Beverage in the 4th quarter worth $40,000. Pacer Advisors Inc. raised its position in National Beverage by 78.0% in the 4th quarter. Pacer Advisors Inc. now owns 3,171 shares of the company's stock worth $135,000 after purchasing an additional 1,390 shares during the period. KBC Group NV raised its position in National Beverage by 89.3% in the 4th quarter. KBC Group NV now owns 1,357 shares of the company's stock worth $58,000 after purchasing an additional 640 shares during the period. Finally, Linden Thomas Advisory Services LLC raised its position in National Beverage by 1.5% in the 4th quarter. Linden Thomas Advisory Services LLC now owns 37,256 shares of the company's stock worth $1,590,000 after purchasing an additional 564 shares during the period. Hedge funds and other institutional investors own 23.95% of the company's stock.

Insider Buying and Selling at National Beverage

In other National Beverage news, Director Cecil D. Conlee sold 2,736 shares of the business's stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $47.01, for a total value of $128,619.36. Following the transaction, the director now owns 53,744 shares in the company, valued at approximately $2,526,505.44. The trade was a 4.84 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 74.80% of the company's stock.

National Beverage Stock Performance

NASDAQ:FIZZ traded up $1.46 during trading hours on Friday, reaching $40.68. The company's stock had a trading volume of 363,028 shares, compared to its average volume of 172,513. The firm has a market capitalization of $3.81 billion, a price-to-earnings ratio of 20.44 and a beta of 0.84. The firm has a 50-day simple moving average of $42.43 and a 200-day simple moving average of $45.11. National Beverage Corp. has a 1 year low of $38.68 and a 1 year high of $53.48.

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

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.