02 June, 2017
Nepsis Capital Management Inc bought 8,824 shares as the company's stock rose 4.35% with the market. The company had revenue of $161.70 million for the quarter, compared to analyst estimates of $170.33 million. The company has market cap of $1.64 billion. Jefferies and their recent price target would suggest a potential downside of -11.55 % from the company's last stock price. About 130 shares traded. It is down 3.11% since June 2, 2016 and is downtrending. It has underperformed by 6.60% the S&P500.
The Boston Beer Company, Inc is a craft brewer in the United States. Over the last quarter, insiders sold 148,372 shares of company stock valued at $21,598,818. Victory Capital Management Inc. now owns 826 shares of the company's stock worth $119,000 after buying an additional 381 shares during the period. Rk Asset Mgmt Ltd Liability Co owns 4.82% invested in Boston Beer Company Inc (NYSE:SAM) for 35,445 shares. The stock declined 0.90% or $1.3 reaching $143.55 per share.
About 27,564 shares traded. Boston Beer Company Inc has a 52-week low of $135.10 and a 52-week high of $195.35. It has underperformed by 19.81% the S&P500. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the company. Therefore 31% are positive. Ligand Pharmaceuticals had 12 analyst reports since September 3, 2015 according to SRatingsIntel. The company was maintained on Wednesday, October 5 by H.C. Wainwright. On Friday, January 8 the stock rating was downgraded by Jefferies to "Hold". The stock has "Underperform" rating by CLSA on Tuesday, March 8. The firm has "Neutral" rating by Goldman Sachs given on Thursday, July 14. The firm earned "Sector Perform" rating on Friday, May 13 by Howard Weil. As per Monday, January 9, the company rating was downgraded by William Blair. Jefferies maintained the stock with "Hold" rating in Friday, April 15 report. Advantus Capital Management Inc now owns 1,230 shares of the company's stock worth $178,000 after buying an additional 100 shares during the period. Bessemer Group Inc. boosted its stake in shares of Boston Beer Company by 293.6% in the fourth quarter.
Investors sentiment decreased to 1.03 in Q4 2016. Its up 0.12, from 1.08 in 2016Q3. Smithfield Communication stated it has 64 shares or 0% of all its holdings. 81 funds opened positions while 371 raised stakes. Colony Group Inc reported 22,589 shares. Paradigm Asset Mngmt Company Lc reported 0% stake. Trustco Bank & Trust Corporation N Y invested in 1.17% or 24,229 shares. Credit Suisse Ag holds 10,882 shares or 0% of its portfolio.
Oregon Employees Retirement Fund holds 3,264 shares. Moreover, Security Natl Tru has 0.03% invested in Southern Co (NYSE:SO) for 1,450 shares. 104,206 shares of the stock were exchanged. Armistice Cap, New York-based fund reported 34,000 shares. Mercer Advisers, a New Jersey-based fund reported 4,001 shares. Loomis Sayles L P accumulated 73 shares. Manikay Partners Limited Liability Corporation has 210,000 shares.
Since January 9, 2017, it had 0 buys, and 2 insider sales for $6.89 million activity. ROPER MARTIN F sold $1.56 million worth of stock. CEO: "Decision on Vogtle expansion likely in August" with publication date: "May 26, 2017.
Since December 7, 2016, it had 0 buys, and 40 insider sales for $57.84 million activity. HEATH TARA L. sold 39 shares worth $6,619. The North Carolina-based Cardinal Management has invested 0.12% in Boston Beer Company Inc (NYSE:SAM). $78,054 worth of Boston Beer Company Inc (NYSE:SAM) was sold by Troupe Quincy B on Thursday, February 23. KOCH C JAMES sold $1.68M worth of stock.
In related news, Director David A. Burwick sold 5,000 shares of the stock in a transaction that occurred on Wednesday, May 24th. On Tuesday, April 11 the insider KOCH C JAMES sold $1.06 million.
Boston Beer Company (NYSE:SAM) last issued its earnings results on Wednesday, April 26th. During the same period in the previous year, the firm earned $0.53 earnings per share. SAM's profit will be $20.34 million for 21.88 P/E if the $1.64 EPS becomes a reality. The company reported $0.45 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.26 by $0.19. Zacks Investment Research raised Boston Beer Company from a "sell" rating to a "hold" rating in a report on Tuesday, April 25th. New York State Teachers Retirement reported 17,477 shares. In a research note published on Tuesday morning, Jefferies restate their "Hold" rating on shares of SAM.
Boston Beer Company Inc (NYSE:SAM)'s stock had its "hold" rating reaffirmed by investment analysts at Jefferies Group LLC in a research report issued to clients and investors on Thursday, April 27th. Goldman Sachs has "Neutral" rating and $244 target. Citadel Limited Liability reported 0% of its portfolio in Boston Beer Company Inc (NYSE:SAM). On Monday, May 1 the stock rating was upgraded by Susquehanna to "Positive". The stock has "Outperform" rating by Credit Agricole on Friday, October 30. The stock has an average rating of "Hold" and an average target price of $152.38. The rating was upgraded by Berenberg to "Hold" on Thursday, May 19. As per Monday, October 10, the company rating was maintained by Chardan Capital Markets.
Investors sentiment increased to 1.2 in Q4 2016. Its down 0.33, from 1.36 in 2016Q3. Shares for $965,823 were sold by Fisher Cynthia A. 40 funds opened positions while 52 raised stakes. Ameritas Prns Inc owns 0.03% invested in Boston Beer Company Inc (NYSE:SAM) for 3,491 shares. American International Gp reported 22,245 shares. Gemmer Asset Lc reported 15 shares. Motley Fool Asset Management Limited Liability Co has 0.61% invested in Boston Beer Company Inc (NYSE:SAM). It dived, as 22 investors sold SAM shares while 67 reduced holdings. Creative Planning reported 911 shares. Wesbanco Bancshares invested in 8,068 shares or 0.08% of the stock. Acrospire Investment Management LLC boosted its stake in shares of Boston Beer Company by 333.3% in the first quarter.
