Large Inflow of Money Witnessed in Boston Beer Company (The)

Boston Beer Company (The) (NYSE:SAM): $0.94 million was the positive money flow into the stock on Wednesday and the up/down ratio of ticks was also in favor of the bulls at 1.21. The value of trades done on upticks was $5.5 million, whereas, trades done on downticks were valued at $4.56 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $0.01 million worth stocks on upticks, which is a bullish indication. The money flow in block trades was $0.01 million. Boston Beer Company (The) (NYSE:SAM) fell $0.55 traded at $162.8, a change of -0.34% over the previous day. The stock is 1.11% for the week.


In an insider trading activity, The Securities and Exchange Commission has divulged that Grinnell David L., officer (Vice President of Brewing) of Boston Beer Co Inc, had unloaded 1,000 shares at an average price of $156.23 in a transaction dated on June 16, 2016. The total value of the transaction was worth $156,230. Currently the company Insiders own 31.3% of Boston Beer Company (The) shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -25.55% . Institutional Investors own 67.73% of Boston Beer Company (The) shares. During last six month period, the net percent change held by insiders has seen a change of -22.87%.

The company shares have dropped -28.55% from its 1 Year high price. On Oct 21, 2015, the shares registered one year high at $260.51 and the one year low was seen on May 18, 2016. The 50-Day Moving Average price is $156.70 and the 200 Day Moving Average price is recorded at $175.08. Boston Beer Company (The) (NYSE:SAM): The stock opened at $165.54 on Wednesday but the bulls could not build on the opening and the stock topped out at $166.78 for the day. The stock traded down to $161.56 during the day, due to lack of any buying support eventually closed down at $162.80 with a loss of -0.34% for the day. The stock had closed at $163.35 on the previous day. The total traded volume was 104,417 shares.

The Boston Beer Company, Inc. (Boston Beer) is a craft brewer in the United States. The Company is engaged in the business of producing and selling alcohol beverages primarily in the domestic market and in international markets. As of December 31, 2014, Boston Beer sold approximately 4.1 million barrels of its products. As of December 31, 2014, the Company sold over sixty beers under the Samuel Adams or the Sam Adams brand names, eleven flavored malt beverages under the Twisted Tea brand name, ten hard cider beverages under the Angry Orchard brand name, and over twenty beers under four of the brand names of its subsidiary, Alchemy & Science. Boston Beer produces malt beverages and hard cider at the Company-owned breweries and under contract arrangements at other brewery locations.

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