Mutual of America Capital Management LLC Purchases New Stake in National Beverage Corp. (NASDAQ:FIZZ)

Mutual of America Capital Management LLC purchased a new stake in shares of National Beverage Corp. (NASDAQ:FIZZ) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 4,085 shares of the company’s stock, valued at approximately $203,000.

Several other institutional investors have also recently bought and sold shares of the business. Assenagon Asset Management S.A. increased its position in shares of National Beverage by 77.3% during the fourth quarter. Assenagon Asset Management S.A. now owns 99,399 shares of the company’s stock worth $4,942,000 after acquiring an additional 43,349 shares in the last quarter. Qube Research & Technologies Ltd increased its holdings in National Beverage by 59.9% during the 3rd quarter. Qube Research & Technologies Ltd now owns 117,144 shares of the company’s stock worth $5,508,000 after purchasing an additional 43,864 shares in the last quarter. Lido Advisors LLC purchased a new stake in shares of National Beverage in the third quarter worth approximately $462,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of National Beverage by 43.7% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,248 shares of the company’s stock valued at $200,000 after purchasing an additional 1,292 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in National Beverage by 50.3% during the third quarter. Envestnet Asset Management Inc. now owns 196,288 shares of the company’s stock worth $9,229,000 after buying an additional 65,702 shares in the last quarter. Institutional investors and hedge funds own 23.95% of the company’s stock.

Insiders Place Their Bets

In other news, Director Cecil D. Conlee sold 12,000 shares of the company’s stock in a transaction that occurred on 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 transaction, the director now directly owns 60,480 shares of the company’s stock, valued at $2,899,411.20. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 75.00% of the company’s stock.

National Beverage Trading Down 0.6 %

NASDAQ FIZZ opened at $44.42 on Wednesday. The firm has a market capitalization of $4.16 billion, a P/E ratio of 24.54 and a beta of 0.84. The business has a fifty day simple moving average of $48.51 and a 200 day simple moving average of $48.29. National Beverage Corp. has a 12 month low of $43.74 and a 12 month high of $55.12.

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

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.