6 days Ago By ABMN Staff
Geode Capital Management LLC trimmed its position in shares of The Boston Beer Company, Inc. ( NYSE:SAM – Free Report ) by 2.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission.
The institutional investor owned 144,577 shares of the company’s stock after selling 3,812 shares during the quarter. Geode Capital Management LLC’s holdings in Boston Beer were worth $43,383,000 as of its most recent SEC filing. Several other hedge funds and other institutional investors also recently made changes to their positions in the company.
GAMMA Investing LLC increased its position in Boston Beer by 59.3% in the 4th quarter. GAMMA Investing LLC now owns 129 shares of the company’s stock valued at $39,000 after acquiring an additional 48 shares during the period.
First Horizon Advisors Inc. increased its position in Boston Beer by 42.1% during the 4th quarter.
First Horizon Advisors Inc. now owns 172 shares of the company’s stock valued at $52,000 after purchasing an additional 51 shares during the period. Exchange Traded Concepts LLC lifted its position in shares of Boston Beer by 2.
5% in the 4th quarter. Exchange Traded Concepts LLC now owns 2,630 shares of the company’s stock worth $789,000 after purchasing an additional 65 shares during the period. National Bank of Canada FI boosted its stake in shares of Boston Beer by 10.
0% in the 3rd quarter. National Bank of Canada FI now owns 793 shares of the company’s stock valued at $229,000 after purchasing an additional 72 shares during the last quarter. Finally, Blue Trust Inc.
increased its position in shares of Boston Beer by 405.6% during the fourth quarter. Blue Trust Inc.
now owns 91 shares of the company’s stock worth $26,000 after buying an additional 73 shares during the period. 81.13% of the stock is currently owned by institutional investors.
Boston Beer Stock Performance Shares of SAM opened at $243.56 on Tuesday. The Boston Beer Company, Inc.
has a 52 week low of $215.10 and a 52 week high of $339.77.
The stock has a 50 day moving average price of $235.23 and a two-hundred day moving average price of $271.17.
The firm has a market capitalization of $2.74 billion, a P/E ratio of 35.82, a P/E/G ratio of 1.
23 and a beta of 1.26. Analyst Upgrades and Downgrades Read Our Latest Research Report on Boston Beer About Boston Beer ( Free Report ) The Boston Beer Company, Inc produces and sells alcohol beverages primarily in the United States.
The company's flagship beer is Samuel Adams Boston Lager. It offers various beers, hard ciders, flavored malt beverages, and hard seltzers under the Samuel Adams, Twisted Tea, Truly, Angry Orchard, Dogfish Head, Angel City, and Coney Island brand names. Read More Want to see what other hedge funds are holding SAM? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for The Boston Beer Company, Inc. ( NYSE:SAM – Free Report ). Receive News & Ratings for Boston Beer Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Boston Beer and related companies with MarketBeat.
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