Boston Beer Company Inc (NYSE:SAM) Chairman C James Koch sold 7,500 shares of the firm’s stock in a transaction dated Thursday, April 20th. The shares were sold at an average price of $138.92, for a total transaction of $1,041,900.00. Following the sale, the chairman now owns 47,300 shares of the company’s stock, valued at $6,570,916. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

C James Koch also recently made the following trade(s):

  • On Wednesday, April 19th, C James Koch sold 7,500 shares of Boston Beer Company stock. The shares were sold at an average price of $140.13, for a total transaction of $1,050,975.00.
  • On Tuesday, April 18th, C James Koch sold 7,500 shares of Boston Beer Company stock. The shares were sold at an average price of $139.74, for a total transaction of $1,048,050.00.
  • On Monday, April 17th, C James Koch sold 7,500 shares of Boston Beer Company stock. The shares were sold at an average price of $139.08, for a total transaction of $1,043,100.00.
  • On Wednesday, April 12th, C James Koch sold 7,500 shares of Boston Beer Company stock. The shares were sold at an average price of $139.44, for a total transaction of $1,045,800.00.
  • On Thursday, April 13th, C James Koch sold 7,500 shares of Boston Beer Company stock. The shares were sold at an average price of $138.65, for a total transaction of $1,039,875.00.
  • On Tuesday, April 11th, C James Koch sold 7,500 shares of Boston Beer Company stock. The shares were sold at an average price of $140.71, for a total transaction of $1,055,325.00.
  • On Monday, April 10th, C James Koch sold 7,500 shares of Boston Beer Company stock. The shares were sold at an average price of $141.91, for a total transaction of $1,064,325.00.
  • On Friday, March 10th, C James Koch sold 12,500 shares of Boston Beer Company stock. The shares were sold at an average price of $148.40, for a total transaction of $1,855,000.00.
  • On Thursday, March 9th, C James Koch sold 13,690 shares of Boston Beer Company stock. The shares were sold at an average price of $151.73, for a total transaction of $2,077,183.70.
  • On Wednesday, March 8th, C James Koch sold 12,810 shares of Boston Beer Company stock. The shares were sold at an average price of $154.17, for a total transaction of $1,974,917.70.

Shares of Boston Beer Company Inc (NYSE:SAM) traded up 0.43% during trading on Friday, reaching $139.05. 146,612 shares of the company’s stock traded hands. The company has a 50 day moving average price of $146.50 and a 200-day moving average price of $159.19. The stock has a market cap of $1.71 billion, a P/E ratio of 20.47 and a beta of 0.50. Boston Beer Company Inc has a one year low of $135.10 and a one year high of $195.35.

Boston Beer Company (NYSE:SAM) last announced its quarterly earnings data on Wednesday, February 22nd. The company reported $1.75 earnings per share for the quarter, beating analysts’ consensus estimates of $1.22 by $0.53. The company had revenue of $219.37 million for the quarter, compared to analyst estimates of $214.42 million. Boston Beer Company had a return on equity of 18.49% and a net margin of 8.68%. The firm’s revenue for the quarter was up 2.0% on a year-over-year basis. During the same quarter last year, the firm posted $1.21 EPS. On average, equities research analysts expect that Boston Beer Company Inc will post $5.43 EPS for the current fiscal year.

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

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A number of brokerages have recently issued reports on SAM. Susquehanna Bancshares Inc set a $154.00 price target on shares of Boston Beer Company and gave the company a “hold” rating in a report on Monday. Royal Bank of Canada set a $158.00 price target on shares of Boston Beer Company and gave the company a “hold” rating in a report on Monday, January 2nd. Zacks Investment Research downgraded shares of Boston Beer Company from a “hold” rating to a “sell” rating in a report on Monday, January 16th. Goldman Sachs Group Inc dropped their price target on shares of Boston Beer Company from $152.00 to $138.00 and set a “neutral” rating on the stock in a report on Thursday, February 23rd. Finally, William Blair downgraded shares of Boston Beer Company from an “outperform” rating to a “market perform” rating in a report on Monday, January 9th. Four research analysts have rated the stock with a sell rating and seven have issued a hold rating to the stock. The company has a consensus rating of “Hold” and an average price target of $151.00.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Credit Agricole S A purchased a new position in shares of Boston Beer Company during the fourth quarter worth $126,000. Horan Capital Management purchased a new position in shares of Boston Beer Company during the first quarter worth $145,000. Raymond James Financial Services Advisors Inc. raised its position in shares of Boston Beer Company by 7.8% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 1,462 shares of the company’s stock worth $248,000 after buying an additional 106 shares during the last quarter. Thrivent Financial for Lutherans raised its position in shares of Boston Beer Company by 8.5% in the fourth quarter. Thrivent Financial for Lutherans now owns 1,540 shares of the company’s stock worth $262,000 after buying an additional 120 shares during the last quarter. Finally, Morningstar Investment Services LLC raised its position in shares of Boston Beer Company by 13.3% in the third quarter. Morningstar Investment Services LLC now owns 1,720 shares of the company’s stock worth $267,000 after buying an additional 202 shares during the last quarter. Institutional investors own 65.55% of the company’s stock.

Boston Beer Company 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.

5 Day Chart for NYSE:SAM

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