National Beverage Corp. (NASDAQ:FIZZ) Shares Acquired by Gallacher Capital Management LLC

Gallacher Capital Management LLC increased its holdings in shares of National Beverage Corp. (NASDAQ:FIZZ) by 28.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,923 shares of the company’s stock after purchasing an additional 2,397 shares during the period. Gallacher Capital Management LLC’s holdings in National Beverage were worth $543,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Exchange Traded Concepts LLC raised its stake in National Beverage by 0.8% during the 4th quarter. Exchange Traded Concepts LLC now owns 25,508 shares of the company’s stock valued at $1,268,000 after acquiring an additional 204 shares during the last quarter. Raymond James & Associates lifted its holdings in shares of National Beverage by 2.2% during the fourth quarter. Raymond James & Associates now owns 10,565 shares of the company’s stock worth $525,000 after purchasing an additional 230 shares during the period. Bleakley Financial Group LLC raised its position in National Beverage by 2.1% during the 4th quarter. Bleakley Financial Group LLC now owns 12,991 shares of the company’s stock worth $646,000 after buying an additional 262 shares during the last quarter. Covestor Ltd lifted its stake in shares of National Beverage by 12.9% in the 3rd quarter. Covestor Ltd now owns 2,621 shares of the company’s stock worth $123,000 after acquiring an additional 299 shares during the period. Finally, Strs Ohio boosted its holdings in shares of National Beverage by 3.4% in the third quarter. Strs Ohio now owns 15,200 shares of the company’s stock valued at $714,000 after acquiring an additional 500 shares in the last quarter. 23.95% of the stock is owned by hedge funds and other institutional investors.

National Beverage Stock Performance

NASDAQ:FIZZ traded down $0.50 during mid-day trading on Friday, reaching $46.40. The stock had a trading volume of 141,586 shares, compared to its average volume of 137,874. The business has a 50 day simple moving average of $47.64 and a 200 day simple moving average of $48.23. National Beverage Corp. has a twelve month low of $43.14 and a twelve month high of $55.12. The firm has a market capitalization of $4.34 billion, a price-to-earnings ratio of 25.64 and a beta of 0.87.

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

Insider Activity at National Beverage

In other National Beverage news, Director Cecil D. Conlee sold 12,000 shares of the company’s stock in a transaction dated Tuesday, April 9th. The shares were sold at an average price of $47.94, for a total transaction of $575,280.00. Following the transaction, the director now directly owns 60,480 shares in the company, valued at $2,899,411.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 75.00% 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.