Envestnet Asset Management Inc. reduced its stake in National Beverage Corp. (NASDAQ:FIZZ) by 15.1% in Q3, now holding 158,694 shares valued at approximately $5.86 million. This reduction comes as National Beverage slightly missed its quarterly earnings and revenue estimates. Despite some institutional buying activity from other firms, analysts maintain a consensus “Sell” rating for National Beverage with an average price target of $35.00.
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Envestnet Asset Management Inc. Has $5.86 Million Stock Holdings in National Beverage Corp. $FIZZ
Envestnet Asset Management Inc. reduced its stake in National Beverage Corp. (NASDAQ:FIZZ) by 15.1% in Q3, now holding 158,694 shares valued at approximately $5.86 million. This reduction comes as National Beverage slightly missed its quarterly earnings and revenue estimates. Despite some institutional buying activity from other firms, analysts maintain a consensus “Sell” rating for National Beverage with an average price target of $35.00.