Newbridge Financial Services Group Inc. Takes Position in National Beverage Corp. (NASDAQ:FIZZ)

Newbridge Financial Services Group Inc. bought a new position in shares of National Beverage Corp. (NASDAQ:FIZZ) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 930 shares of the company’s stock, valued at approximately $40,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Geode Capital Management LLC grew its holdings in National Beverage by 4.2% during the third quarter. Geode Capital Management LLC now owns 706,076 shares of the company’s stock worth $33,148,000 after acquiring an additional 28,688 shares during the period. Cerity Partners LLC grew its holdings in National Beverage by 1.7% during the third quarter. Cerity Partners LLC now owns 179,574 shares of the company’s stock worth $8,429,000 after acquiring an additional 2,931 shares during the period. Verition Fund Management LLC grew its holdings in National Beverage by 72.3% during the third quarter. Verition Fund Management LLC now owns 148,892 shares of the company’s stock worth $6,989,000 after acquiring an additional 62,464 shares during the period. Assenagon Asset Management S.A. grew its holdings in National Beverage by 84.9% during the third quarter. Assenagon Asset Management S.A. now owns 145,172 shares of the company’s stock worth $6,814,000 after acquiring an additional 66,661 shares during the period. Finally, Algert Global LLC grew its holdings in National Beverage by 69.3% during the third quarter. Algert Global LLC now owns 102,098 shares of the company’s stock worth $4,792,000 after acquiring an additional 41,777 shares during the period. 23.95% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at National Beverage

In other National Beverage news, Director Cecil D. Conlee sold 2,736 shares of the firm’s stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $47.01, for a total value of $128,619.36. Following the sale, the director now directly owns 53,744 shares of the company’s stock, valued at approximately $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 Securities & Exchange Commission, which is accessible through this hyperlink. 74.80% of the stock is owned by corporate insiders.

National Beverage Stock Down 1.0 %

National Beverage stock opened at $39.87 on Wednesday. The firm has a market cap of $3.73 billion, a price-to-earnings ratio of 20.04 and a beta of 0.84. National Beverage Corp. has a 52 week low of $39.77 and a 52 week high of $53.48. The business’s 50-day moving average price is $43.82 and its 200 day moving average price is $45.59.

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

National Beverage Company 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.