Truist Financial Corp Sells 355 Shares of National Beverage Corp. (NASDAQ:FIZZ)

Written by Amanda

Truist Financial Corp cut its position in National Beverage Corp. (NASDAQ:FIZZFree Report) by 0.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 43,082 shares of the company’s stock after selling 355 shares during the quarter. Truist Financial Corp’s holdings in National Beverage were worth $2,142,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in National Beverage by 43.7% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,248 shares of the company’s stock valued at $200,000 after acquiring an additional 1,292 shares during the period. Strs Ohio grew its position in shares of National Beverage by 3.4% during the third quarter. Strs Ohio now owns 15,200 shares of the company’s stock worth $714,000 after purchasing an additional 500 shares in the last quarter. Teacher Retirement System of Texas bought a new stake in National Beverage during the 3rd quarter valued at approximately $326,000. Assenagon Asset Management S.A. lifted its holdings in National Beverage by 53.4% in the 3rd quarter. Assenagon Asset Management S.A. now owns 56,050 shares of the company’s stock worth $2,635,000 after purchasing an additional 19,513 shares in the last quarter. Finally, Illinois Municipal Retirement Fund bought a new position in National Beverage in the 3rd quarter worth approximately $666,000. 23.95% of the stock is currently owned by institutional investors.

Insider Activity

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

National Beverage Price Performance

Shares of FIZZ opened at $47.88 on Friday. National Beverage Corp. has a 1 year low of $43.14 and a 1 year high of $55.12. The company has a 50 day simple moving average of $47.30 and a two-hundred day simple moving average of $48.26. The firm has a market cap of $4.48 billion, a P/E ratio of 26.45 and a beta of 0.87.

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

National Beverage Company Profile

(Free Report)

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.

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Source: defenseworld.net

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Hi there, I am Amanda and I work as an editor at impactinvesting.ai;  if you are interested in my services, please reach me at amanda.impactinvesting.ai