Global Alpha Capital Management Ltd. Cuts Holdings in The Boston Beer Company, Inc. $SAM

Global Alpha Capital Management Ltd. reduced its position in The Boston Beer Company, Inc. (NYSE:SAM) by 6.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 123,028 shares of the company’s stock after selling 8,176 shares during the quarter. Global Alpha Capital Management Ltd. owned about 1.15% of Boston Beer worth $24,006,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Flagship Harbor Advisors LLC purchased a new position in shares of Boston Beer in the 4th quarter worth $35,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Boston Beer by 154.9% in the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 232 shares of the company’s stock valued at $49,000 after purchasing an additional 141 shares in the last quarter. CIBC Private Wealth Group LLC increased its holdings in Boston Beer by 4,780.0% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 244 shares of the company’s stock valued at $52,000 after purchasing an additional 239 shares in the last quarter. Covestor Ltd increased its holdings in Boston Beer by 180.9% in the 4th quarter. Covestor Ltd now owns 250 shares of the company’s stock valued at $49,000 after purchasing an additional 161 shares in the last quarter. Finally, Hantz Financial Services Inc. increased its holdings in Boston Beer by 254.4% in the 3rd quarter. Hantz Financial Services Inc. now owns 280 shares of the company’s stock valued at $59,000 after purchasing an additional 201 shares in the last quarter. 81.13% of the stock is owned by hedge funds and other institutional investors.

Boston Beer Price Performance

Shares of Boston Beer stock opened at $164.87 on Friday. The business has a 50-day moving average of $212.90 and a 200-day moving average of $213.81. The company has a market capitalization of $1.72 billion, a PE ratio of -26.17, a P/E/G ratio of 2.12 and a beta of 0.79. The Boston Beer Company, Inc. has a 1-year low of $158.68 and a 1-year high of $264.46.

Boston Beer (NYSE:SAM) last announced its earnings results on Thursday, April 30th. The company reported $1.64 earnings per share for the quarter, missing the consensus estimate of $1.96 by ($0.32). The business had revenue of $433.93 million for the quarter, compared to analyst estimates of $436.06 million. Boston Beer had a negative net margin of 2.96% and a positive return on equity of 12.08%. The firm’s revenue was down 4.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.16 earnings per share. Boston Beer has set its FY 2026 guidance at 8.500-10.500 EPS. On average, equities analysts expect that The Boston Beer Company, Inc. will post 9.77 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Wall Street Zen upgraded Boston Beer from a “sell” rating to a “hold” rating in a report on Tuesday, June 2nd. Sanford C. Bernstein lowered their price target on Boston Beer from $218.00 to $210.00 and set a “market perform” rating for the company in a report on Tuesday, May 5th. Citigroup lowered their price target on Boston Beer from $270.00 to $250.00 and set a “neutral” rating for the company in a report on Monday, May 4th. Weiss Ratings downgraded Boston Beer from a “sell (d+)” rating to a “sell (d)” rating in a report on Wednesday, May 6th. Finally, Royal Bank Of Canada lowered their price target on Boston Beer from $245.00 to $242.00 and set a “sector perform” rating for the company in a report on Friday, May 1st. Ten equities research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Boston Beer presently has a consensus rating of “Reduce” and a consensus target price of $235.64.

About Boston Beer

The Boston Beer Company, Inc (NYSE: SAM) is a leading craft brewer headquartered in Boston, Massachusetts. Since its founding in 1984 by Jim Koch, the company has focused on producing high-quality, distinctive beers and beverages for retail, on-premise, and distribution partners across the United States. Its operations include brewing, packaging, marketing and distribution, supported by a network of wholly owned brewing facilities and strategic partnerships with regional breweries.

Boston Beer’s flagship brand, Samuel Adams Boston Lager, helped establish the modern U.S.