Insider Deal: James Koch Sold 8,000 Shares of Boston Beer Co Inc (NYSE:SAM)

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 Insider Deal James Koch Sold 8000 Shares of Boston Beer Co -Transactions

James Koch Insider Sell Transaction

On 07-05-2015, the Chairman of Boston Beer Co Inc (NYSE:SAM) , Mr. James Koch, sold a substantial amount company shares – 8,000, amounting to $1,991,190 U.S Dollars, which is based on a market stock price of $248.9 per each share. James is trying to decrease his company’s share, same as he did in the last month. He sold another 62,000 shares worth $16,302,795 USD. Being a significant stocks unloading, it will probably not go disregarded. James Koch currently owns 10%+ of the Company’s total market capitalization with ownership of 255,054 shares. 

Boston Beer Co Inc Stock Rating, Sentiment and Fundamentals

Mr. James’s move could be an indicative of the not so promising growth and future of Boston Beer Co Inc. Nine professional analysts see that for 2015, the earnings of the stock exchange listed company will go up to $7.56 earnings for each share thus giving Boston Beer Co Inc year on year growth rate of 17.60%.

Rating & Sentiment
PsychSignal Social:SELL
Analysts Rating:BUY
Hedge Funds Sentiment:BUY
Stock Fundamentals
Earnings + FCF Trend:BUY
Sector/Industry Macro:BULLISH
Valuation Models:-
Technical Analysis
ST Trend:DOWN
MT Trend:DOWN
LT Trend:UP
OctaFinance Rating*:SELL

* Read How Our Stock Ratings System Works

Boston Beer Co Inc’s stock chart indicates it has dived 1.37% in the last 125 days and the weak down trend is expected to continue. According to our research and momentum system, we rate the company a sell. Look at the chart below.

Price Chart of Boston Beer Co NYSE:SAM Stock

 Insider Deal James Koch Sold 8000 Shares of Boston Beer Co -Stock-Price-Chart

Source: RightEdgeSystems, Yahoo Split & Dividend Adjusted Data and OctaFinance Interpretations

As the best John Burbank, one of the market legends, claimed, best risk-adjusted returns are made through a mix of fundamental and technical analysis.

Hedge Funds Ownership

As of Q4 2014, 193 hedge funds and institutional investors owned Boston Beer Co Inc. The institutional ownership of the company in focus in the last quarter is high, at 62.17% of the shares outstanding. Its up 7.41% from previous quarter. These institutional players and asset managers increased the total shares they own by 570,248 to 8.27 million this quarter. There were 36 funds that created new positions and 64 funds that added to their positions. A total of 18 funds closed their positions in Boston Beer Co Inc and 65 reduced their holdings.

HEDGE-FUNDS-LIST-DATABASE-FREE Kornitzer Capital Management Inc Ks had the greatest investment with ownership of 389,418 shares as of Q4 2014 for 1.32% of the fund’s portfolio. Hitchwood Capital Management Lp is another positive institutional manager owning 153,000 shares of the company or 3.87% of their stocks portfolio. The stock is also 6.73% of the fund’s AUM. Further The New York-based fund Crestwood Capital Management L.P. have 2.83% of their stock portfolio invested in the stock for 73,710 shares. The Minnesota-based fund Nepsis Capital Management Inc. revealed it had acquired a stake worth 2.61% of the fund’s stock portfolio in Boston Beer Co Inc. The California-based fund Jasper Ridge Partners L.P. is also an optimist about the stock, possessing 15,205 shares or 0.32% of their stock portfolio.

Boston Beer Co NYSE:SAM Company Profile

The Boston Beer Company, Inc. (Boston Beer) is a craft brewer in the United States. The Company is engaged in the business of brewing and selling alcohol beverages in the United States and internationally. The Company sells beers under the Samuel Adams or the Sam Adams brand names; flavored malt beverages under the Twisted Tea brand name; hard cider beverages under the Angry Orchard brand name and over twenty beers under four of its Alchemy & Science subsidiary’s brand names. The Company produces malt beverages and hard cider at Company-owned breweries and under contract arrangements at other brewery locations. The Company-owned breweries are located in Boston, Massachusetts (Boston Brewery), Cincinnati, Ohio (Cincinnati Brewery), Breinigsville, Pennsylvania (Pennsylvania Brewery) and Los Angeles, California, (Angel City Brewery).

Boston Beer Co Inc was incorporated in Massachusetts on 1995-08-17. Now its market value is: $3.24 billion and it has 13.03 million outstanding shares. The company has 1325 employees. As of writing there are 59.90% shareholders and the institutional ownership stands at 59.90%. The stock closed at $248.69 yesterday and it had average 2 days volume of 17258 shares. It is down from the 30 days average shares volume of 24365. Boston Beer Co Inc has a 52 weeks low of $209.22 and a 250 days high of $325.00. The stock price is below the 200 days SMA. Boston Beer Co Inc last issued its quarterly earnings data on 04/29/2015. The company reported 1 EPS for the quarter, above the consensus estimate of 0.69 by 0.31. The company had a revenue of 199.50 million for 3/28/2015 and 217.82 million for 12/27/2014. Therefore, the revenue was -18,314,000 down.

* The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 1 – 000 shares is from $247.02 to $248.01. The Filing Person will provide full information regarding the number of shares sold at each separate price upon request of the SEC – the Registrant – or a shareholder of the Registrant.

* The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 5 – 200 shares is from $248.03 to $249.01. The Filing Person will provide full information regarding the number of shares sold at each separate price upon request of the SEC – the Registrant – or a shareholder of the Registrant.

* The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 1 – 000 shares is from $249.05 to $249.46. The Filing Person will provide full information regarding the number of shares sold at each separate price upon request of the SEC – the Registrant – or a shareholder of the Registrant.

* The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 300 shares is from $250.62 to $251.07. The Filing Person will provide full information regarding the number of shares sold at each separate price upon request of the SEC – the Registrant – or a shareholder of the Registrant.

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