Values First Advisors Inc. Sells 2,457 Shares of National Beverage Corp. $FIZZ

Values First Advisors Inc. lowered its stake in National Beverage Corp. (NASDAQ:FIZZ) by 5.7% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 40,323 shares of the company’s stock after selling 2,457 shares during the quarter. Values First Advisors Inc.’s holdings in National Beverage were worth $1,744,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in FIZZ. Golden State Wealth Management LLC raised its stake in shares of National Beverage by 102.4% in the first quarter. Golden State Wealth Management LLC now owns 830 shares of the company’s stock worth $34,000 after buying an additional 420 shares during the period. Signaturefd LLC raised its stake in shares of National Beverage by 136.7% in the second quarter. Signaturefd LLC now owns 1,375 shares of the company’s stock worth $59,000 after buying an additional 794 shares during the period. CWM LLC raised its stake in shares of National Beverage by 87.3% in the first quarter. CWM LLC now owns 1,549 shares of the company’s stock worth $64,000 after buying an additional 722 shares during the period. GAMMA Investing LLC raised its stake in shares of National Beverage by 29.2% in the first quarter. GAMMA Investing LLC now owns 2,060 shares of the company’s stock worth $86,000 after buying an additional 466 shares during the period. Finally, Parallel Advisors LLC raised its stake in shares of National Beverage by 73.8% in the second quarter. Parallel Advisors LLC now owns 2,317 shares of the company’s stock worth $100,000 after buying an additional 984 shares during the period. Institutional investors own 23.95% of the company’s stock.

National Beverage Price Performance

NASDAQ:FIZZ opened at $36.55 on Friday. National Beverage Corp. has a 1 year low of $35.66 and a 1 year high of $50.51. The stock’s 50 day simple moving average is $40.22 and its two-hundred day simple moving average is $43.08. The company has a market cap of $3.42 billion, a price-to-earnings ratio of 18.37 and a beta of 0.63.

National Beverage (NASDAQ:FIZZ) last released its quarterly earnings data on Thursday, September 11th. The company reported $0.60 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.60. National Beverage had a return on equity of 43.51% and a net margin of 15.45%.The business had revenue of $330.52 million for the quarter, compared to the consensus estimate of $354.18 million.

Analysts Set New Price Targets

FIZZ has been the topic of several recent analyst reports. UBS Group decreased their target price on National Beverage from $40.00 to $39.00 and set a “sell” rating on the stock in a research note on Monday, September 15th. Weiss Ratings reissued a “hold (c)” rating on shares of National Beverage in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Reduce” and an average target price of $39.00.

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.