Barclays PLC Has $1.96 Million Position in National Beverage Corp. (NASDAQ:FIZZ)

Barclays PLC raised its stake in shares of National Beverage Corp. (NASDAQ:FIZZ - Free Report) by 389.9% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 41,810 shares of the company's stock after buying an additional 33,275 shares during the period. Barclays PLC's holdings in National Beverage were worth $1,962,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Canada Pension Plan Investment Board acquired a new stake in National Beverage during the second quarter valued at $31,000. Quarry LP raised its stake in shares of National Beverage by 584.9% during the 2nd quarter. Quarry LP now owns 637 shares of the company's stock worth $33,000 after purchasing an additional 544 shares in the last quarter. Blue Trust Inc. lifted its holdings in shares of National Beverage by 323.0% during the 3rd quarter. Blue Trust Inc. now owns 643 shares of the company's stock valued at $33,000 after buying an additional 491 shares during the last quarter. Quest Partners LLC bought a new stake in shares of National Beverage in the 2nd quarter valued at approximately $34,000. Finally, Headlands Technologies LLC increased its holdings in National Beverage by 760.2% in the second quarter. Headlands Technologies LLC now owns 843 shares of the company's stock worth $43,000 after buying an additional 745 shares during the last quarter. 23.95% of the stock is currently owned by hedge funds and other institutional investors.

National Beverage Price Performance

NASDAQ:FIZZ traded down $0.91 during trading hours on Friday, reaching $42.92. The company's stock had a trading volume of 134,694 shares, compared to its average volume of 169,636. The company has a market cap of $4.02 billion, a price-to-earnings ratio of 21.57 and a beta of 0.83. National Beverage Corp. has a one year low of $42.81 and a one year high of $53.58. The business's 50-day moving average is $47.24 and its 200-day moving average is $47.26.

Wall Street Analysts Forecast Growth

Separately, UBS Group reduced their target price on shares of National Beverage from $46.00 to $45.00 and set a "sell" rating for the company in a research note on Tuesday, September 10th.

Insiders Place Their Bets

In other National Beverage news, Director Cecil D. Conlee sold 2,736 shares of the stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $47.01, for a total transaction of $128,619.36. Following the transaction, the director now owns 53,744 shares in the company, valued at $2,526,505.44. This trade represents a 4.84 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 74.80% 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.