Boston Beer Company Inc (NASDAQ: SAM) Stock on most active line

Boston Beer Company Inc day trading at USD 529.99 per share, then rallying to 533.59 and closing at USD 513.73 per share. A net loss of -3.67% for the day. Long term pricing analysis shows the stock trading at 0% lower than it’s 52week high and -75.88% higher than the 52week low. The share volume traded for the day was 120K which was 0 times the 50 Day Average Volume.

Boston Beer Company Inc had a market cap of 6,256,480K as of 21st May 2020. The Earnings Per Share (EPS) for Q4 2019 is $ 8.62.

Boston Beer Company Inc is a brewer founded in 1984. Boston Beer Company’s first brand of beer was named Samuel Adams after Founding Father Samuel Adams,[6] an American revolutionary patriot. The company launched Angry Orchard brand hard ciders in 2012.

Financial Results

Boston Beer Company Inc First Quarter Of Fiscal 2020.

  • The Boston Beer Company, Inc. (NYSE: SAM) reported first-quarter 2020 net revenue of $330.6 million, an increase of $78.9 million, or 31.4% from the same period last year, mainly due to an increase in shipments of 32.2%.
  • Net income for the first quarter was $18.2 million, or $1.49 per diluted share, a decrease of $5.5 million or $0.53 per diluted share from the first quarter of 2019.
  • In the first quarter of 2020 and the first quarter of 2019, the Company recorded a tax benefit of $0.17 per diluted share and $0.15 per diluted share, respectively.
  • The first-quarter gross margin of 44.8% was 4.7 percentage points below the 2019 first-quarter margin of 49.5%.

Boston Beer Company Inc (21st May 2020): The Institutional Ownership as of today stood at 92.05% and the Total Value of Holdings (millions) is $ 4,566.

New Institutional Holders and other activity – As of today the total number of shares held are 8,888,161 by 322 institutional holders.

LATEST NEWS:

16-May-2020:-  Stone Ridge Asset Management LLC Has $351,000 Holdings in Boston Beer Company Inc (NYSE: SAM) – Modern Readers

Stone Ridge Asset Management LLC cut its position in shares of Boston Beer Company Inc (NYSE: SAM) by 29.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 955 shares of the company’s stock after selling 400 shares during the quarter.

11-May-2020:-  Boston Beer Company Inc (NYSE: SAM) Shares Sold by American International Group Inc.

American International Group Inc. decreased its stake in Boston Beer Company Inc (NYSE: SAM) by 0.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 22,768 shares of the company’s stock after selling 107 shares during the period.

8-May-2020:-  Sandy Spring Bank Buys 225 Shares of Boston Beer Company Inc (NYSE: SAM) – Modern Readers

Sandy Spring Bank lifted its stake in shares of Boston Beer Company Inc (NYSE: SAM) by 681.8% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 258 shares of the company’s stock after acquiring an additional 225 shares during the quarter.

 

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