National Beverage Corp. (NASDAQ:FIZZ) Shares Sold by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. decreased its holdings in National Beverage Corp. (NASDAQ:FIZZ) by 6.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 10,847 shares of the company’s stock after selling 754 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in National Beverage were worth $539,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the business. Exchange Traded Concepts LLC lifted its stake in shares of National Beverage by 0.8% in the fourth quarter. Exchange Traded Concepts LLC now owns 25,508 shares of the company’s stock worth $1,268,000 after acquiring an additional 204 shares in the last quarter. Handelsbanken Fonder AB increased its holdings in National Beverage by 3.6% in the third quarter. Handelsbanken Fonder AB now owns 6,483 shares of the company’s stock valued at $305,000 after buying an additional 225 shares during the last quarter. Raymond James & Associates increased its holdings in National Beverage by 2.2% in the fourth quarter. Raymond James & Associates now owns 10,565 shares of the company’s stock valued at $525,000 after buying an additional 230 shares during the last quarter. Covestor Ltd increased its holdings in National Beverage by 12.9% in the third quarter. Covestor Ltd now owns 2,621 shares of the company’s stock valued at $123,000 after buying an additional 299 shares during the last quarter. Finally, IFP Advisors Inc increased its holdings in National Beverage by 11.0% in the third quarter. IFP Advisors Inc now owns 3,921 shares of the company’s stock valued at $184,000 after buying an additional 388 shares during the last quarter. Institutional investors and hedge funds own 23.95% of the company’s stock.

Insider Activity at National Beverage

In related news, Director Cecil D. Conlee sold 12,000 shares of the business’s stock in a transaction dated Tuesday, April 9th. The stock was sold at an average price of $47.94, for a total value of $575,280.00. Following the completion of the sale, the director now directly owns 60,480 shares of the company’s stock, valued at $2,899,411.20. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 75.00% of the stock is owned by corporate insiders.

National Beverage Stock Down 2.3 %

Shares of National Beverage stock opened at $43.51 on Friday. The firm has a market cap of $4.07 billion, a P/E ratio of 24.04 and a beta of 0.84. National Beverage Corp. has a fifty-two week low of $43.45 and a fifty-two week high of $55.12. The business has a 50-day moving average price of $48.27 and a 200 day moving average price of $48.23.

National Beverage (NASDAQ:FIZZ) last announced its quarterly earnings data on Thursday, March 7th. The company reported $0.42 earnings per share for the quarter. The firm had revenue of $270.07 million during the quarter. National Beverage had a return on equity of 38.23% and a net margin of 14.34%.

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.