National Beverage (NASDAQ:FIZZ) Reaches New 52-Week Low – Time to Sell?

Shares of National Beverage Corp. (NASDAQ:FIZZ) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $39.86 and last traded at $39.94, with a volume of 61173 shares trading hands. The stock had previously closed at $40.26.

National Beverage Stock Performance

The stock has a market cap of $3.73 billion, a price-to-earnings ratio of 20.02 and a beta of 0.84. The company has a 50 day moving average of $43.82 and a 200-day moving average of $45.59.

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 at National Beverage

In related news, Director Cecil D. Conlee sold 2,736 shares of the company’s stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $47.01, for a total value of $128,619.36. Following the completion of the sale, the director now directly owns 53,744 shares of the company’s stock, valued at $2,526,505.44. This represents a 4.84 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 74.80% of the stock is owned by insiders.

Institutional Trading of National Beverage

A number of large investors have recently bought and sold shares of the business. Blue Trust Inc. grew its holdings in shares of National Beverage by 323.0% during the third quarter. Blue Trust Inc. now owns 643 shares of the company’s stock worth $33,000 after buying an additional 491 shares during the last quarter. Newbridge Financial Services Group Inc. acquired a new stake in shares of National Beverage in the 4th quarter worth approximately $40,000. KBC Group NV lifted its holdings in shares of National Beverage by 89.3% in the fourth quarter. KBC Group NV now owns 1,357 shares of the company’s stock valued at $58,000 after purchasing an additional 640 shares in the last quarter. GAMMA Investing LLC boosted its stake 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 acquiring an additional 484 shares during the last quarter. Finally, nVerses Capital LLC lifted its stake in shares of National Beverage by 325.0% during the third quarter. nVerses Capital LLC now owns 1,700 shares of the company’s stock valued at $80,000 after buying an additional 1,300 shares during the period. Institutional investors and hedge funds own 23.95% 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.