Boston Beer Company Inc Could Rise a Lot According to The Today’s Call Option Activity

 Boston Beer Company Inc Could Rise a Lot According to The Today's Call Option Activity

In today’s session Boston Beer Company Inc (SAM) registered an unusually high (296) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious SAM increase. With 296 contracts traded and 424 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: SAM161216C00195000 closed last at: $0.3 or 25% down. About 27,145 shares traded hands. Boston Beer Company Inc (NYSE:SAM) has risen 11.38% since April 28, 2016 and is uptrending. It has outperformed by 5.46% the S&P500.

Analysts await Boston Beer Company Inc (NYSE:SAM) to report earnings on February, 16. They expect $1.26 earnings per share, up 4.13% or $0.05 from last year’s $1.21 per share. SAM’s profit will be $15.39M for 34.11 P/E if the $1.26 EPS becomes a reality. After $2.48 actual earnings per share reported by Boston Beer Company Inc for the previous quarter, Wall Street now forecasts -49.19% negative EPS growth.

Boston Beer Company Inc (NYSE:SAM) Ratings Coverage

Out of 11 analysts covering Boston Beer Co (NYSE:SAM), 1 rate it a “Buy”, 3 “Sell”, while 7 “Hold”. This means 9% are positive. $295 is the highest target while $138 is the lowest. The $176.29 average target is 2.55% above today’s ($171.9) stock price. Boston Beer Co has been the topic of 21 analyst reports since July 28, 2015 according to StockzIntelligence Inc. As per Wednesday, April 27, the company rating was downgraded by Tigress Financial. As per Friday, January 8, the company rating was downgraded by Jefferies. Berenberg upgraded Boston Beer Company Inc (NYSE:SAM) on Thursday, May 19 to “Hold” rating. Credit Suisse initiated the shares of SAM in a report on Friday, September 16 with “Underperform” rating. The stock of Boston Beer Company Inc (NYSE:SAM) has “Outperform” rating given on Friday, October 30 by Credit Agricole. The rating was upgraded by Goldman Sachs to “Neutral” on Tuesday, October 20. The stock of Boston Beer Company Inc (NYSE:SAM) has “Neutral” rating given on Monday, January 11 by Nomura. The rating was downgraded by CLSA to “Underperform” on Tuesday, March 8. The stock of Boston Beer Company Inc (NYSE:SAM) earned “Sell” rating by Berenberg on Wednesday, January 13. RBC Capital Markets maintained Boston Beer Company Inc (NYSE:SAM) on Friday, October 21 with “Sector Perform” rating.

According to Zacks Investment Research, “The Boston Beer Company, Inc. produces beer, malt beverages, and cider products at Company-owned breweries and under contract. Their beer products are primarily positioned in the Better Beer category of the beer industry, which includes craft beers and most imports sold at premium prices.”

Insitutional Activity: The institutional sentiment increased to 1.36 in Q2 2016. Its up 0.30, from 1.06 in 2016Q1. The ratio improved, as 29 funds sold all Boston Beer Company Inc shares owned while 53 reduced positions. 20 funds bought stakes while 67 increased positions. They now own 14.05 million shares or 64.33% more from 8.55 million shares in 2016Q1.
Aqr Cap Ltd Liability Corp owns 83,396 shares or 0.03% of their US portfolio. The New York-based Manikay Prns Limited Liability Com has invested 2.73% in Boston Beer Company Inc (NYSE:SAM). Moreover, Employees Retirement Association Of Colorado has 0% invested in Boston Beer Company Inc (NYSE:SAM) for 1,890 shares. Fifth Third Commercial Bank, a Ohio-based fund reported 5,475 shares. Eulav Asset Mngmt reported 33,232 shares or 0.31% of all its holdings. Bartlett & Co Ltd Liability Co holds 0% of its portfolio in Boston Beer Company Inc (NYSE:SAM) for 33 shares. Legal General Gp Public Ltd Co last reported 2,230 shares in the company. Ladenburg Thalmann Financial Ser reported 604 shares or 0% of all its holdings. Ubs Asset Americas holds 4,065 shares or 0% of its portfolio. Thompson Davis Com Inc has 0% invested in the company for 10 shares. The Washington-based Fisher Asset Mgmt Ltd Co has invested 0.11% in Boston Beer Company Inc (NYSE:SAM). Rhumbline Advisers last reported 0.01% of its portfolio in the stock. The California-based Wells Fargo Company Mn has invested 0% in Boston Beer Company Inc (NYSE:SAM). Huntington Fincl Bank has invested 0% of its portfolio in Boston Beer Company Inc (NYSE:SAM). Blackrock holds 0% or 3,819 shares in its portfolio.

Insider Transactions: Since June 10, 2016, the stock had 0 buys, and 34 insider sales for $27.58 million net activity. 5,000 Boston Beer Company Inc (NYSE:SAM) shares with value of $823,442 were sold by ROPER MARTIN F. KOCH C JAMES also sold $1.09 million worth of Boston Beer Company Inc (NYSE:SAM) on Thursday, October 27. Grinnell David L. had sold 1,000 shares worth $156,076. Shares for $111,798 were sold by TYBOURNE CAPITAL MANAGEMENT HK LTD on Monday, July 25. 3,991 shares were sold by Geist John C, worth $631,786.

The Boston Beer Company, Inc. is a craft brewer in the United States. The company has a market cap of $2.10 billion. The Firm is engaged in the business of producing and selling alcohol beverages primarily in the domestic market and in international markets. It has a 27.33 P/E ratio. The Firm operates through two divisions: Boston Beer Company segment and A&S Brewing Collaborative segment.

SAM Company Profile

The Boston Beer Company, Inc. (Boston Beer), incorporated on August 17, 1995, is a craft brewer in the United States. The Firm is engaged in the business of producing and selling alcohol beverages primarily in the domestic market and in international markets. The Firm operates through two divisions: Boston Beer Company segment and A&S Brewing Collaborative segment. The Boston Beer Company operating segment comprises of the Company’s Samuel Adams, Twisted Tea and Angry Orchard brands. The A&S Brewing Collaborative operating segment comprises of The Traveler Beer Company, Coney Island Brewing Company, Angel City Brewing Company and Concrete Beach Brewing Company. Both divisions sell predominantly low alcohol beverages. The Firm has sold approximately 4.2 million barrels of its products. The Firm sells over 60 beers under the Samuel Adams and the Sam Adams brand names, approximately 10 flavored malt beverages under the Twisted Tea brand name, over 10 hard cider beverages under the Angry Orchard brand name and approximately 40 beers under over four of the brand names of its subsidiary, A&S Brewing Collaborative LLC, under its trade name Alchemy & Science.

More notable recent Boston Beer Company Inc (NYSE:SAM) news were published by: Investorplace.com which released: “Is It Time to Dump Boston Beer Company Inc? (SAM)” on November 28, 2016, also Fool.com with their article: “Why The Boston Beer Co., Inc. Stock Dropped 15.7% in April” published on May 14, 2016, Fool.com published: “Why Boston Beer Co., Inc. Stock Plunged Today” on April 22, 2016. More interesting news about Boston Beer Company Inc (NYSE:SAM) were released by: Fool.com and their article: “Why Boston Beer Company Inc’s Shares Plunged 15% in September” published on October 03, 2016 as well as Fool.com‘s news article titled: “Boston Beer Co. Inc. Stays the Course as Competition Grows” with publication date: February 19, 2016.

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