Boston Beer Company Inc (NYSE:SAM) insider Martin F. Roper sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 16th. The stock was sold at an average price of $191.61, for a total value of $1,916,100.00. Following the transaction, the insider now directly owns 42,273 shares of the company’s stock, valued at $8,099,929.53. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Shares of Boston Beer Company Inc (NYSE:SAM) opened at $191.10 on Thursday. Boston Beer Company Inc has a 12-month low of $128.70 and a 12-month high of $197.05. The company has a market capitalization of $2,236.75, a P/E ratio of 26.07, a P/E/G ratio of 5.43 and a beta of 0.58.

Boston Beer (NYSE:SAM) last issued its quarterly earnings results on Thursday, October 26th. The company reported $2.78 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.99 by $0.79. The firm had revenue of $247.04 million during the quarter, compared to analysts’ expectations of $256.73 million. Boston Beer had a return on equity of 21.11% and a net margin of 9.97%. The firm’s revenue for the quarter was down 2.5% on a year-over-year basis. During the same period in the previous year, the business earned $2.48 earnings per share. analysts expect that Boston Beer Company Inc will post 6.22 EPS for the current fiscal year.

Several brokerages have recently weighed in on SAM. Zacks Investment Research raised Boston Beer from a “hold” rating to a “strong-buy” rating and set a $221.00 target price for the company in a research note on Thursday, January 11th. Jefferies Group reiterated a “hold” rating and set a $175.00 price target on shares of Boston Beer in a research report on Thursday, January 4th. TheStreet upgraded Boston Beer from a “c+” rating to a “b-” rating in a research report on Thursday, November 2nd. Credit Suisse Group boosted their price target on Boston Beer from $150.00 to $151.00 and gave the stock a “neutral” rating in a research report on Thursday, October 19th. Finally, Susquehanna Bancshares cut Boston Beer from a “positive” rating to a “neutral” rating and dropped their price target for the stock from $216.00 to $183.00 in a research report on Monday, November 13th. Three analysts have rated the stock with a sell rating, nine have given a hold rating and one has assigned a strong buy rating to the stock. Boston Beer has an average rating of “Hold” and a consensus price target of $158.55.

A number of large investors have recently modified their holdings of the business. Vanguard Group Inc. grew its holdings in Boston Beer by 2.0% in the 2nd quarter. Vanguard Group Inc. now owns 748,951 shares of the company’s stock valued at $98,974,000 after buying an additional 14,951 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in Boston Beer by 4.5% in the 3rd quarter. Bank of New York Mellon Corp now owns 416,414 shares of the company’s stock valued at $65,044,000 after buying an additional 18,116 shares in the last quarter. Fisher Asset Management LLC grew its holdings in Boston Beer by 5.2% in the 3rd quarter. Fisher Asset Management LLC now owns 333,982 shares of the company’s stock valued at $52,168,000 after buying an additional 16,431 shares in the last quarter. State Street Corp grew its holdings in Boston Beer by 3.7% in the 2nd quarter. State Street Corp now owns 292,523 shares of the company’s stock valued at $38,656,000 after buying an additional 10,312 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in Boston Beer by 5.8% in the 3rd quarter. Dimensional Fund Advisors LP now owns 240,364 shares of the company’s stock valued at $37,546,000 after buying an additional 13,181 shares in the last quarter. Institutional investors own 76.06% of the company’s stock.

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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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