Semanteon Capital Management LP Makes New Investment in National Beverage Corp. (NASDAQ:FIZZ)

Semanteon Capital Management LP bought a new stake in shares of National Beverage Corp. (NASDAQ:FIZZ) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 18,679 shares of the company’s stock, valued at approximately $929,000.

Other hedge funds have also bought and sold shares of the company. IFP Advisors Inc raised its position in shares of National Beverage by 11.0% in the 3rd quarter. IFP Advisors Inc now owns 3,921 shares of the company’s stock worth $184,000 after purchasing an additional 388 shares during the last quarter. DAVENPORT & Co LLC increased its position in shares of National Beverage by 2.3% during the third quarter. DAVENPORT & Co LLC now owns 26,518 shares of the company’s stock valued at $1,247,000 after acquiring an additional 586 shares in the last quarter. Exchange Traded Concepts LLC purchased a new position in National Beverage in the 3rd quarter worth approximately $1,190,000. Handelsbanken Fonder AB lifted its holdings in shares of National Beverage by 3.6% during the third quarter. Handelsbanken Fonder AB now owns 6,483 shares of the company’s stock valued at $305,000 after purchasing an additional 225 shares in the last quarter. Finally, Simplicity Solutions LLC grew its stake in shares of National Beverage by 9.3% in the third quarter. Simplicity Solutions LLC now owns 12,729 shares of the company’s stock worth $599,000 after acquiring an additional 1,088 shares during the period. 23.95% of the stock is currently owned by institutional investors.

National Beverage Stock Performance

Shares of NASDAQ FIZZ traded down $1.02 during midday trading on Thursday, hitting $43.51. 132,714 shares of the stock traded hands, compared to its average volume of 155,599. The firm has a 50-day moving average of $48.27 and a two-hundred day moving average of $48.23. The firm has a market capitalization of $4.07 billion, a P/E ratio of 24.04 and a beta of 0.84. National Beverage Corp. has a one year low of $43.45 and a one year high of $55.12.

National Beverage (NASDAQ:FIZZ) last issued its quarterly earnings data on Thursday, March 7th. The company reported $0.42 earnings per share (EPS) for the quarter. The firm 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%.

Insider Buying and Selling at National Beverage

In related news, Director Cecil D. Conlee sold 12,000 shares of the business’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 transaction, the director now directly owns 60,480 shares of the company’s stock, valued at approximately $2,899,411.20. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 75.00% of the company’s stock.

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.