Boston Beer (SAM)

Boston Beer Co., Inc. engages in the business of alcoholic beverages. Its brands include Samuel Adams, Twisted Tea, Angry Orchard, and Truly Hard Seltzer. The company was founded by C. James Koch in 1984 and is headquartered in Boston, MA.

Company profile

Ticker

SAM

Exchange

NYSE

Website

www.bostonbeer.com/

CEO

David Burwick

Incorporated

Massachusetts

Location

Massachusetts

Fiscal year end

Dec 26

Sector

Manufacturing > Breweries

Industry (SIC)

Malt Beverages

Molson Coors Beverage • CHINA NEW BORUN • Craft Brew Alliance • NewAge • I-ON Digital • Anheuser-busch Companies • Anheuser-Busch In Bev • United Breweries • Anheuser-busch Inbev ...

SEC CIK

0000949870

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

The Boston Beer Company, Inc. • American Craft Brewery LLC • (a Massachusetts limited • American Fermentation Company LLC • Angry Orchard Cider Company, LLC • (a Delaware limited • BBCCC, Inc. • (an Ontario, Canada • Boston Beer Corporation • Boston Beer Corporation Canada, Inc. ...

IRS number

43284048

SAM stock data

1M 1Y 5Y

News

From Benzinga Pro

HCA Healthcare, Boston Beer Company And Some Other Big Gainers From Friday

25 Jul 22

U.S. stocks closed lower on Friday, with the Nasdaq Composite dropping more than 200 points. Here is the list of some big stocks recording gains in the previous session.

Boston Beer Co's Return On Capital Employed Insights

22 Jul 22

According to Benzinga Pro, during Q2, Boston Beer Co (NYSE:SAM) earned $53.35 million, a 2828.85% increase from the preceding quarter. Boston Beer Co also posted a total of $616.24 million in sales, a 43.27% increase since Q1.

Jefferies Maintains Hold on Boston Beer Co, Lowers Price Target to $321

22 Jul 22

Jefferies analyst Kevin Grundy maintains Boston Beer Co (NYSE:SAM) with a Hold and lowers the price target from $341 to $321.

MKM Partners Maintains Neutral on Boston Beer Co, Lowers Price Target to $279

22 Jul 22

Why Shares Of Boston Beer Are Falling Today

22 Jul 22

Press releases

From Benzinga Pro

Twisted Tea Hard Iced Tea Launches New Sweet Tea Whiskey in Select Markets

4 Aug 22

The nation's No. 1 hard iced tea is introducing the limited-edition whiskey across five markets, including Massachusetts, Rhode Island, Ohio, Missouri and Texas, plus military outlets BOSTON, Aug. 4, 2022

BOSTON BEER REPORTS SECOND QUARTER FINANCIAL RESULTS

21 Jul 22

Second Quarter (13-week) 2022 and Year-to-date 2022 (26-week) Financial Results BOSTON, July 21, 2022 /PRNewswire/ -- The Boston Beer Company, Inc. (NYSE:SAM), today reported financial results. Key results for the second

Beverage Industry Seems To Be Readying A Lineup of Summer Drinks For A Younger And Pandemic-Weary Consumer Demographic

7 Jul 22

Rachael Green, BenzingaDetroit, MI--News Direct--As millennials rapidly displace Generation Xers and baby boomers as the biggest spenders in the food and beverage industry, brands are looking for new ways to stay

NYSE: SAM Investor Notice: Update in Lawsuit against The Boston Beer Company, Inc. announced by the Shareholders Foundation

21 Jun 22

Moore Kuehn, PLLC Encourages Investors of TWOU and SAM to Contact Law Firm

16 Jun 22

Analyst ratings and price targets

Last 3 months

Average target

$324.75

Low target

$279.00

High target

$385.00

Calendar

21 Jul 22

12 Aug 22

26 Dec 22

Financial summary

Financial statements Chart SAM financial data

Quarter (USD)	Jun 22	Mar 22	Dec 21	Sep 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	137.8M	137.8M	137.8M	137.8M	137.8M	137.8M
Cash burn (monthly)	(no burn)	(no burn)	(no burn)	6.72M	(no burn)	(no burn)
Cash used (since last report)	n/a	n/a	n/a	10.73M	n/a	n/a
Cash remaining	n/a	n/a	n/a	127.07M	n/a	n/a
Runway (months of cash)	n/a	n/a	n/a	18.9	n/a	n/a

Beta Read what these cash burn values mean

Financial data from Boston Beer earnings reports.

Recent insider trades

SAM insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
3 Aug 22	Carolyn L. O'Boyle	Class A Common	Sell	Dispose S	No	No	381.73	251	95.81K	2,593
1 Jul 22	David L. Grinnell	Class A Common	Sell	Dispose S	No	Yes	304.97	425	129.61K	1,611
1 Jul 22	David L. Grinnell	Class A Common	Option exercise	Acquire M	No	Yes	169.85	425	72.19K	2,036
1 Jul 22	David L. Grinnell	1/1/2017 Stock Option Class A Common	Option exercise	Dispose M	No	Yes	169.85	425	72.19K	91
6 Jun 22	David L. Grinnell	Class A Common	Sell	Dispose S	No	Yes	345.21	425	146.71K	1,611
6 Jun 22	David L. Grinnell	Class A Common	Option exercise	Acquire M	No	Yes	169.85	425	72.19K	2,036
6 Jun 22	David L. Grinnell	1/1/2017 Stock Option Class A Common	Option exercise	Dispose M	No	Yes	169.85	425	72.19K	515
18 May 22	Lynton Michael	Stock Option Class A Common	Grant	Acquire A	No	No	356.52	635	226.39K	635
18 May 22	David A Burwick	Class A Common	Sell	Dispose S	No	Yes	349.17	433	151.19K	43,134
18 May 22	David A Burwick	Class A Common	Sell	Dispose S	No	Yes	347	141	48.93K	43,567

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

SAM institutional ownership history Ownership history

75.3% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	316	376	-16.0%
Opened positions	37	79	-53.2%
Closed positions	97	74	+31.1%
Increased positions	128	103	+24.3%
Reduced positions	84	130	-35.4%

13F shares	Current	Prev Q	Change
Total value	2.98B	3.86B	-22.7%
Total shares	7.69M	7.64M	+0.7%
Total puts	651.8K	883.9K	-26.3%
Total calls	346.5K	687.1K	-49.6%
Total put/call ratio	1.9	1.3	+46.2%

Largest owners	Shares	Value	Change
TROW T. Rowe Price	1.4M	$544.56M	+5.9%
Vanguard	869.81K	$337.89M	+1.2%
FMR	817.74K	$317.67M	+89.9%
BLK Blackrock	783.55K	$304.39M	-1.9%
Champlain Investment Partners	275.61K	$107.07M	+9.8%
STT State Street	251.85K	$97.84M	+4.4%
Manufacturers Life Insurance Company, The	210.76K	$81.87M	-3.6%
Durable Capital Partners	142.55K	$55.38M	-51.6%
MS Morgan Stanley	138.56K	$53.83M	+8.4%
Epoch Investment Partners	138.5K	$53.8M	+251.3%

Largest transactions	Shares	Bought/sold	Change
FMR	817.74K	+387.18K	+89.9%
Durable Capital Partners	142.55K	-151.99K	-51.6%
Lord, Abbett & Co.	0	-115.54K	EXIT
Candlestick Capital Management	0	-107.5K	EXIT
Loomis Sayles & Co L P	100.03K	+100.03K	NEW
Epoch Investment Partners	138.5K	+99.07K	+251.3%
UBS UBS Group AG - Registered Shares	22.83K	-92.93K	-80.3%
TROW T. Rowe Price	1.4M	+77.78K	+5.9%
Jarislowsky, Fraser	73.6K	+73.6K	NEW
Two Sigma Investments	16.89K	-71.34K	-80.9%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.