Boston Beer Company Inc (NYSE:SAM) insider Martin F. Roper sold 10,000 shares of Boston Beer stock in a transaction on Monday, January 8th. The stock was sold at an average price of $186.81, for a total transaction of $1,868,100.00. Following the transaction, the insider now directly owns 42,273 shares in the company, valued at $7,897,019.13. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Shares of Boston Beer Company Inc (SAM) opened at $191.80 on Wednesday. The company has a market capitalization of $2,260.00, a price-to-earnings ratio of 26.17, a PEG ratio of 5.66 and a beta of 0.58. Boston Beer Company Inc has a 52 week low of $128.70 and a 52 week high of $197.05.

Boston Beer (NYSE:SAM) last released its earnings results on Thursday, October 26th. The company reported $2.78 EPS for the quarter, topping the Zacks’ consensus estimate of $1.99 by $0.79. The company had revenue of $247.04 million for 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 business’s revenue for the quarter was down 2.5% compared to the same quarter last year. During the same period in the previous year, the business posted $2.48 EPS. equities analysts expect that Boston Beer Company Inc will post 6.22 EPS for the current year.

A number of institutional investors have recently made changes to their positions in the stock. Northwestern Mutual Investment Management Company LLC raised its stake in Boston Beer by 0.5% in the 2nd quarter. Northwestern Mutual Investment Management Company LLC now owns 1,612 shares of the company’s stock valued at $276,000 after acquiring an additional 8 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Boston Beer by 2.7% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,312 shares of the company’s stock valued at $306,000 after acquiring an additional 60 shares during the period. Nationwide Fund Advisors raised its stake in Boston Beer by 0.3% in the 2nd quarter. Nationwide Fund Advisors now owns 20,811 shares of the company’s stock valued at $2,750,000 after acquiring an additional 67 shares during the period. Cubist Systematic Strategies LLC raised its stake in Boston Beer by 5.1% in the 2nd quarter. Cubist Systematic Strategies LLC now owns 1,576 shares of the company’s stock valued at $208,000 after acquiring an additional 76 shares during the period. Finally, Thrivent Financial For Lutherans raised its stake in Boston Beer by 5.7% in the 2nd quarter. Thrivent Financial For Lutherans now owns 1,860 shares of the company’s stock valued at $246,000 after acquiring an additional 100 shares during the period. Institutional investors and hedge funds own 75.83% of the company’s stock.

SAM has been the topic of a number of analyst reports. Credit Suisse Group raised shares of Boston Beer from an “underperform” rating to a “neutral” rating and lifted their price objective for the stock from $140.00 to $150.00 in a report on Tuesday, September 26th. Macquarie initiated coverage on shares of Boston Beer in a report on Thursday, September 14th. They set an “underperform” rating and a $140.00 price objective on the stock. Berenberg Bank raised shares of Boston Beer from a “sell” rating to a “hold” rating in a report on Monday, December 18th. TheStreet raised shares of Boston Beer from a “c+” rating to a “b-” rating in a report on Thursday, November 2nd. Finally, Jefferies Group reaffirmed a “hold” rating and set a $175.00 price objective on shares of Boston Beer in a report on Thursday, January 4th. Three analysts have rated the stock with a sell rating, nine have given a hold rating and one has issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $155.45.

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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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