Avior Wealth Management LLC Cuts Stock Holdings in National Beverage Corp. (NASDAQ:FIZZ)

Avior Wealth Management LLC cut its stake in shares of National Beverage Corp. (NASDAQ:FIZZ) by 7.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 16,302 shares of the company’s stock after selling 1,262 shares during the quarter. Avior Wealth Management LLC’s holdings in National Beverage were worth $696,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. American Century Companies Inc. lifted its holdings in shares of National Beverage by 11.5% during the 2nd quarter. American Century Companies Inc. now owns 26,261 shares of the company’s stock worth $1,346,000 after acquiring an additional 2,709 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in National Beverage by 3.7% during the second quarter. Dimensional Fund Advisors LP now owns 1,145,227 shares of the company’s stock worth $58,680,000 after purchasing an additional 40,488 shares during the last quarter. Canada Pension Plan Investment Board purchased a new position in shares of National Beverage in the 2nd quarter worth about $31,000. Public Sector Pension Investment Board increased its position in shares of National Beverage by 6.3% during the 2nd quarter. Public Sector Pension Investment Board now owns 51,486 shares of the company’s stock valued at $2,638,000 after purchasing an additional 3,049 shares during the last quarter. Finally, Marshall Wace LLP raised its holdings in shares of National Beverage by 113.7% during the 2nd quarter. Marshall Wace LLP now owns 16,668 shares of the company’s stock valued at $854,000 after buying an additional 8,868 shares in the last quarter. Hedge funds and other institutional investors own 23.95% of the company’s stock.

National Beverage Price Performance

Shares of FIZZ opened at $42.25 on Friday. The firm has a market cap of $3.96 billion, a P/E ratio of 21.23 and a beta of 0.86. National Beverage Corp. has a 1 year low of $41.63 and a 1 year high of $53.48. The stock has a 50 day simple moving average of $45.42 and a two-hundred day simple moving average of $46.32.

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

Insider Transactions at National Beverage

In related 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 transaction of $128,619.36. Following the transaction, the director now directly owns 53,744 shares in the company, valued at $2,526,505.44. This trade represents a 4.84 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 74.80% of the company’s stock.

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.