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

Newbridge Financial Services Group Inc. bought a new stake in National Beverage Corp. (NASDAQ:FIZZ) during the 4th quarter, HoldingsChannel.com reports. 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 made changes to their positions in the company. Franklin Resources Inc. lifted its position in shares of National Beverage by 3.4% in the third quarter. Franklin Resources Inc. now owns 11,547 shares of the company’s stock valued at $528,000 after acquiring an additional 383 shares in the last quarter. GAMMA Investing LLC lifted its position in National Beverage by 43.6% during the fourth quarter. GAMMA Investing LLC now owns 1,594 shares of the company’s stock worth $68,000 after buying an additional 484 shares in the last quarter. Blue Trust Inc. lifted its position in 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 in the last quarter. Linden Thomas Advisory Services LLC lifted its position in National Beverage by 1.5% during the fourth quarter. Linden Thomas Advisory Services LLC now owns 37,256 shares of the company’s stock worth $1,590,000 after buying an additional 564 shares in the last quarter. Finally, AQR Capital Management LLC lifted its position in National Beverage by 7.2% during the second quarter. AQR Capital Management LLC now owns 9,066 shares of the company’s stock worth $465,000 after buying an additional 612 shares in the last quarter. Hedge funds and other institutional investors own 23.95% of the company’s stock.

Insider Buying and Selling

In related news, Director Cecil D. Conlee sold 2,736 shares of National Beverage stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $47.01, for a total transaction of $128,619.36. Following the transaction, the director now owns 53,744 shares in the company, 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 filing with the SEC, which can be accessed through this link. 74.80% of the stock is currently owned by company insiders.

National Beverage Stock Performance

Shares of National Beverage stock opened at $39.87 on Wednesday. National Beverage Corp. has a one year low of $39.77 and a one year high of $53.48. The company has a market cap of $3.73 billion, a price-to-earnings ratio of 20.04 and a beta of 0.84. 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 announced 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%.

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.