Is Craft Brew Alliance Inc’s Fuel For Real? The Stock Was Bought By Option Traders

 Is Craft Brew Alliance Inc's Fuel For Real? The Stock Was Bought By Option Traders

In today’s session Craft Brew Alliance Inc (BREW) registered an unusually high (360) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the February, 2017 call, expecting serious BREW increase. With 360 contracts traded and 35694 open interest for the Feb, 17 contract, it seems this is a quite bullish bet. The option with symbol: BREW170217C00017500 closed last at: $3.3 or 0% . About 39,379 shares traded hands. Craft Brew Alliance Inc (NASDAQ:BREW) has risen 121.60% since March 15, 2016 and is uptrending. It has outperformed by 116.12% the S&P500.

Analysts await Craft Brew Alliance Inc (NASDAQ:BREW) to report earnings on November, 2. They expect $0.14 earnings per share, up 250.00% or $0.10 from last year’s $0.04 per share. BREW’s profit will be $2.65 million for 32.32 P/E if the $0.14 EPS becomes a reality. After $0.12 actual earnings per share reported by Craft Brew Alliance Inc for the previous quarter, Wall Street now forecasts 16.67% EPS growth.

Craft Brew Alliance Inc (NASDAQ:BREW) Ratings Coverage

Out of 4 analysts covering Craft Brew Alliance (NASDAQ:BREW), 3 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 75% are positive. Craft Brew Alliance has been the topic of 8 analyst reports since August 6, 2015 according to StockzIntelligence Inc. As per Friday, September 2, the company rating was maintained by Citigroup. The rating was maintained by Citigroup on Wednesday, June 15 with “Neutral”. The rating was maintained by Citigroup on Friday, August 5 with “Neutral”. The rating was upgraded by Sidoti on Thursday, August 4 to “Buy”. The firm earned “Buy” rating on Thursday, August 6 by TH Capital. The rating was maintained by Citigroup on Friday, August 7 with “Neutral”.

According to Zacks Investment Research, “Craft Brew Alliance Inc. is engaged in the business of brewing, marketing and selling of craft beers in the United States. The Company operates in two segments: Beer Related operations and Pubs and Other. Craft Brew owns and operates production breweries with adjacent restaurants or pubs in Portland, Oregon, Woodinville, Washington and Portsmouth, New Hampshire and in Kona, Hawaii. It offers its beer products under the Widmer Brothers, Redhook and Kona Brewing brand names. Craft Brew Alliance Inc., formerly known as Craft Brewers Alliance, Inc., is headquartered in Portland, Oregon.”

Insitutional Activity: The institutional sentiment increased to 2.5 in 2016 Q2. Its up 1.50, from 1 in 2016Q1. The ratio is positive, as 4 funds sold all Craft Brew Alliance Inc shares owned while 10 reduced positions. 10 funds bought stakes while 25 increased positions. They now own 4.20 million shares or 5.46% more from 3.99 million shares in 2016Q1.
Tower Rech Capital Ltd Limited Liability Company (Trc) has invested 0% of its portfolio in Craft Brew Alliance Inc (NASDAQ:BREW). Delta Asset Management Llc Tn last reported 12,900 shares in the company. The New York-based Renaissance Tech Limited Liability Company has invested 0.01% in Craft Brew Alliance Inc (NASDAQ:BREW). Nationwide Fund Advsrs holds 0% or 12,705 shares in its portfolio. Moreover, Peak6 Investments L P has 0% invested in Craft Brew Alliance Inc (NASDAQ:BREW) for 10,531 shares. Rhumbline Advisers last reported 0% of its portfolio in the stock. Walleye Trading Ltd Liability has 0% invested in the company for 18,581 shares. Blackrock Institutional Trust Communication Na last reported 0% of its portfolio in the stock. Wellington Shields Cap Management Ltd Co reported 42,804 shares or 0.08% of all its holdings. Rmb Cap Management Lc holds 416,523 shares or 0.25% of its portfolio. The California-based Blackrock Fund Advsr has invested 0% in Craft Brew Alliance Inc (NASDAQ:BREW). The New Jersey-based Blackrock Invest Mngmt Lc has invested 0% in Craft Brew Alliance Inc (NASDAQ:BREW). The Kansas-based Creative Planning has invested 0% in Craft Brew Alliance Inc (NASDAQ:BREW). Bnp Paribas Arbitrage Sa last reported 0% of its portfolio in the stock. Bank Of America Corporation De has 0% invested in the company for 5,059 shares.

Insider Transactions: Since August 26, 2016, the stock had 1 buying transaction, and 1 insider sale for $226,249 net activity. Kunze Kenneth C had bought 1,100 shares worth $21,890. Rogers John D JR sold $248,139 worth of Craft Brew Alliance Inc (NASDAQ:BREW) on Friday, August 26.

Craft Brew Alliance, Inc. is a craft brewing firm that is engaged in brewing, branding and bringing to market American craft beers. The company has a market cap of $342.65 million. The Firm operates through two divisions: Beer Related operations, which include the brewing activities and related domestic and international beer and cider sales of its Kona, Widmer Brothers, Redhook and Omission beer brands, and Square Mile cider brand, and Pubs operations, which include its approximately five pubs, over four of which are located adjacent to its Beer Related operations, as well as other merchandise sales, and sales of its beers directly to customers. It has a 335.06 P/E ratio. The Company’s portfolio of brands includes the Kona Brewing Company, Widmer Brothers Brewing, Redhook Brewery, Omission Beer and Square Mile Cider Company brand families, along with partner brands Appalachian Mountain Brewery, Cisco Brewers and Resignation Brewery.

BREW Company Profile

Craft Brew Alliance, Inc., incorporated on May 4, 1981, is a craft brewing firm that is engaged in brewing, branding and bringing to market American craft beers. The Firm operates through two divisions: Beer Related activities and Pubs operations. The Company’s Beer Related activities segment includes the brewing, and domestic and international sales of craft beers and ciders from its breweries. The Company’s Pubs activities segment includes its pubs, some of which are located adjacent to its Beer Related operations. The Firm brews its craft beers in approximately four company-owned breweries located in Portland, Oregon; the Seattle suburb of Woodinville, Washington; Portsmouth, New Hampshire; Kailua-Kona, Hawaii, and a brewery in Memphis, Tennessee owned by its brewing partner. Additionally, it owns and operates over two small breweries, used for small batch production and brews, in Portland, Oregon and Portsmouth, New Hampshire. It distributes its beers to retailers through wholesalers that are aligned with the Anheuser-Busch, LLC (A-B) network.

More notable recent Craft Brew Alliance Inc (NASDAQ:BREW) news were published by: Fool.com which released: “Why Craft Brewers Alliance Inc.’s Shares Popped 69% in August” on September 07, 2016, also Fool.com with their article: “Why Craft Brew Alliance Inc’s Shares Popped 22% in June” published on July 05, 2016, Fool.com published: “Why Allegheny Technologies, USG, and Craft Brew Alliance Jumped Today” on August 29, 2016. More interesting news about Craft Brew Alliance Inc (NASDAQ:BREW) were released by: Seekingalpha.com and their article: “New Deal With Anheuser-Busch Is Big For Craft Brew Alliance” published on August 24, 2016 as well as Seekingalpha.com‘s news article titled: “Is Something Brewing At Craft Brew Alliance?” with publication date: June 29, 2016.

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