The Boston Beer Company, Inc. $SAM Shares Sold by Gagnon Securities LLC

Gagnon Securities LLC decreased its holdings in The Boston Beer Company, Inc. (NYSE:SAM) by 70.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 6,355 shares of the company’s stock after selling 15,153 shares during the period. Gagnon Securities LLC owned approximately 0.06% of Boston Beer worth $1,240,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Vanguard Group Inc. raised its holdings in Boston Beer by 9.4% in the 4th quarter. Vanguard Group Inc. now owns 1,039,184 shares of the company’s stock valued at $202,776,000 after acquiring an additional 89,053 shares during the last quarter. AQR Capital Management LLC raised its holdings in Boston Beer by 340.4% in the 3rd quarter. AQR Capital Management LLC now owns 647,060 shares of the company’s stock valued at $136,801,000 after acquiring an additional 500,120 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in Boston Beer by 1.3% in the 3rd quarter. Dimensional Fund Advisors LP now owns 265,779 shares of the company’s stock valued at $56,191,000 after acquiring an additional 3,336 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in Boston Beer by 8.1% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 258,403 shares of the company’s stock valued at $54,632,000 after acquiring an additional 19,294 shares during the last quarter. Finally, Gotham Asset Management LLC raised its holdings in Boston Beer by 1,752.2% in the 3rd quarter. Gotham Asset Management LLC now owns 213,266 shares of the company’s stock valued at $45,089,000 after acquiring an additional 201,752 shares during the last quarter. Institutional investors and hedge funds own 81.13% of the company’s stock.

Boston Beer Stock Performance

Boston Beer stock opened at $181.77 on Friday. The Boston Beer Company, Inc. has a fifty-two week low of $158.68 and a fifty-two week high of $264.46. The firm has a 50 day moving average price of $207.37 and a 200 day moving average price of $213.19. The company has a market capitalization of $1.89 billion, a PE ratio of -28.85, a price-to-earnings-growth ratio of 2.31 and a beta of 0.79.

Boston Beer (NYSE:SAM) last issued its quarterly earnings results on Thursday, April 30th. The company reported $1.64 EPS for the quarter, missing the consensus estimate of $1.96 by ($0.32). Boston Beer had a negative net margin of 2.96% and a positive return on equity of 12.08%. The business had revenue of $433.93 million during the quarter, compared to analysts’ expectations of $436.06 million. During the same period in the prior year, the business earned $2.16 EPS. The business’s quarterly revenue was down 4.4% on a year-over-year basis. Boston Beer has set its FY 2026 guidance at 8.500-10.500 EPS. As a group, equities research analysts forecast that The Boston Beer Company, Inc. will post 9.77 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts have commented on SAM shares. Wall Street Zen upgraded shares of Boston Beer from a “sell” rating to a “hold” rating in a report on Tuesday, June 2nd. Zacks Research upgraded shares of Boston Beer from a “strong sell” rating to a “hold” rating in a report on Thursday, April 23rd. Morgan Stanley cut their price target on shares of Boston Beer from $235.00 to $220.00 and set an “equal weight” rating for the company in a report on Wednesday, May 6th. Sanford C. Bernstein cut their price target on shares of Boston Beer from $218.00 to $210.00 and set a “market perform” rating for the company in a report on Tuesday, May 5th. Finally, Evercore set a $240.00 price target on shares of Boston Beer in a report on Friday, May 1st. Ten investment analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Reduce” and a consensus target price of $235.64.

Boston Beer Company Profile

The Boston Beer Company, Inc (NYSE: SAM) is a leading craft brewer headquartered in Boston, Massachusetts. Since its founding in 1984 by Jim Koch, the company has focused on producing high-quality, distinctive beers and beverages for retail, on-premise, and distribution partners across the United States. Its operations include brewing, packaging, marketing and distribution, supported by a network of wholly owned brewing facilities and strategic partnerships with regional breweries.

Boston Beer’s flagship brand, Samuel Adams Boston Lager, helped establish the modern U.S.