Boston Beer Company Inc (NYSE:SAM) VP Cheryl Fisher sold 93 shares of the stock in a transaction on Tuesday, January 2nd. The stock was sold at an average price of $188.91, for a total value of $17,568.63. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Boston Beer Company Inc (SAM) traded down $3.05 during midday trading on Wednesday, reaching $186.95. The company had a trading volume of 98,636 shares, compared to its average volume of 145,000. The stock has a market cap of $2,200.00, a price-to-earnings ratio of 25.50, a P/E/G ratio of 5.78 and a beta of 0.58. Boston Beer Company Inc has a twelve month low of $128.70 and a twelve month high of $197.05.

Boston Beer (NYSE:SAM) last released its quarterly earnings results on Thursday, October 26th. The company reported $2.78 EPS for the quarter, beating analysts’ consensus estimates of $1.99 by $0.79. The business had revenue of $247.04 million during the quarter, compared to analyst estimates of $256.73 million. Boston Beer had a return on equity of 21.11% and a net margin of 9.97%. Boston Beer’s quarterly revenue was down 2.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.48 EPS. sell-side analysts expect that Boston Beer Company Inc will post 6.22 EPS for the current fiscal year.

A number of equities analysts recently issued reports on the company. Jefferies Group reiterated a “hold” rating on shares of Boston Beer in a report on Thursday, September 7th. TheStreet upgraded Boston Beer from a “c+” rating to a “b-” rating in a report on Thursday, November 2nd. Credit Suisse Group increased their target price on Boston Beer from $150.00 to $151.00 and gave the stock a “neutral” rating in a report on Thursday, October 19th. Berenberg Bank upgraded Boston Beer from a “sell” rating to a “hold” rating in a report on Monday, December 18th. Finally, Macquarie assumed coverage on Boston Beer in a report on Thursday, September 14th. They issued an “underperform” rating and a $140.00 target price on the stock. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating and one has given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $151.27.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. raised its position in Boston Beer by 95.4% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 842 shares of the company’s stock valued at $111,000 after buying an additional 411 shares during the last quarter. Victory Capital Management Inc. raised its position in Boston Beer by 17.6% in the 2nd quarter. Victory Capital Management Inc. now owns 971 shares of the company’s stock valued at $128,000 after buying an additional 145 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in Boston Beer in the 3rd quarter valued at $203,000. Shaker Investments LLC OH purchased a new stake in Boston Beer in the 3rd quarter valued at $209,000. Finally, Roberts Glore & Co. Inc. IL purchased a new stake in Boston Beer in the 3rd quarter valued at $211,000. 75.83% of the stock is owned by institutional investors and hedge funds.

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Boston Beer Company Profile

The Boston Beer Company, Inc is a craft brewer in the United States. The Company is engaged in the business of producing and selling alcohol beverages primarily in the domestic market and in selected international markets. The Company operates through two segments: Boston Beer Company segment, and A&S Brewing Collaborative segment.

Insider Buying and Selling by Quarter for Boston Beer (NYSE:SAM)

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