Avior Wealth Management LLC Sells 1,262 Shares of National Beverage Corp. (NASDAQ:FIZZ)

Avior Wealth Management LLC decreased its holdings in shares of National Beverage Corp. (NASDAQ:FIZZ) by 7.2% in the fourth quarter, HoldingsChannel reports. The firm owned 16,302 shares of the company’s stock after selling 1,262 shares during the quarter. Avior Wealth Management LLC’s holdings in National Beverage were worth $696,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Canada Pension Plan Investment Board purchased a new stake in National Beverage in the second quarter worth $31,000. Quarry LP lifted its position 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 purchasing an additional 544 shares during the period. Blue Trust Inc. boosted its stake 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 purchasing an additional 491 shares in the last quarter. GAMMA Investing LLC increased its position in shares of National Beverage by 43.6% during the fourth quarter. GAMMA Investing LLC now owns 1,594 shares of the company’s stock valued at $68,000 after buying an additional 484 shares during the period. Finally, nVerses Capital LLC raised its stake in National Beverage by 325.0% in the third quarter. nVerses Capital LLC now owns 1,700 shares of the company’s stock worth $80,000 after buying an additional 1,300 shares in the last quarter. Hedge funds and other institutional investors own 23.95% of the company’s stock.

National Beverage Stock Performance

National Beverage stock opened at $42.25 on Friday. National Beverage Corp. has a fifty-two week low of $41.63 and a fifty-two week high of $53.48. The stock’s 50 day simple moving average is $45.42 and its two-hundred day simple moving average is $46.32. The stock has a market cap of $3.96 billion, a price-to-earnings ratio of 21.23 and a beta of 0.86.

National Beverage (NASDAQ:FIZZ) last issued its quarterly earnings results on Thursday, December 5th. The company reported $0.49 earnings per share 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 National Beverage news, Director Cecil D. Conlee sold 2,736 shares of the company’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 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 74.80% of the stock is owned by company insiders.

National Beverage Profile

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.