Boston Beer (SAM) Share Price Declined While Armistice Capital Cut Holding by $1.15 Million; Advanced Micro Devices (AMD) Holder Gateway Investment Advisers Raised Stake by $1.55 Million as Share Price Declined

May 18, 2018 - By Stephen Andrade

Advanced Micro Devices, Inc. (NASDAQ:AMD) Logo

Gateway Investment Advisers Llc increased its stake in Advanced Micro Devices Inc (AMD) by 32.47% based on its latest 2017Q4 regulatory filing with the SEC. Gateway Investment Advisers Llc bought 154,756 shares as the company’s stock declined 5.12% with the market. The institutional investor held 631,346 shares of the technology company at the end of 2017Q4, valued at $6.49M, up from 476,590 at the end of the previous reported quarter. Gateway Investment Advisers Llc who had been investing in Advanced Micro Devices Inc for a number of months, seems to be bullish on the $12.43 billion market cap company. It closed at $12.82 lastly. It is down 27.01% since May 18, 2017 and is downtrending. It has underperformed by 38.56% the S&P500.

Armistice Capital Llc decreased its stake in Boston Beer Inc (SAM) by 8.57% based on its latest 2017Q4 regulatory filing with the SEC. Armistice Capital Llc sold 6,000 shares as the company’s stock declined 2.25% with the market. The institutional investor held 64,000 shares of the consumer non-durables company at the end of 2017Q4, valued at $12.23 million, down from 70,000 at the end of the previous reported quarter. Armistice Capital Llc who had been investing in Boston Beer Inc for a number of months, seems to be less bullish one the $2.83 billion market cap company. The stock increased 0.82% or $1.95 during the last trading session, reaching $240.85. About 106,972 shares traded. The Boston Beer Company, Inc. (NYSE:SAM) has risen 25.34% since May 18, 2017 and is uptrending. It has outperformed by 13.79% the S&P500.

Since December 11, 2017, it had 0 insider purchases, and 18 selling transactions for $21.58 million activity. The insider Su Lisa T sold 125,000 shares worth $1.26M. 75,000 shares valued at $752,250 were sold by ANDERSON JAMES ROBERT on Thursday, December 14. 100,000 shares valued at $1.16 million were sold by Papermaster Mark D on Tuesday, February 6. The insider Norrod Forrest Eugene sold 62,500 shares worth $688,750. WOLIN HARRY A had sold 46,875 shares worth $575,156.

Gateway Investment Advisers Llc, which manages about $12.58B and $11.77B US Long portfolio, decreased its stake in Dell Technologies Inc by 26,037 shares to 55,377 shares, valued at $4.50M in 2017Q4, according to the filing. It also reduced its holding in Broadridge Finl Solutions In (NYSE:BR) by 47,189 shares in the quarter, leaving it with 48,341 shares, and cut its stake in Servicenow Inc (NYSE:NOW).

More notable recent Advanced Micro Devices, Inc. (NASDAQ:AMD) news were published by: Nasdaq.com which released: “AMD Appoints Graphics Software Architecture Leader Jeffrey Cheng to Corporate Fellow” on May 10, 2018, also Benzinga.com with their article: “Cowen Names 4 Top Semi Picks: AMD, Ambarella, Broadcom, Monolithic Power” published on May 17, 2018, Seekingalpha.com published: “Susquehanna upgrades AMD; shares +3.3% (update)” on May 16, 2018. More interesting news about Advanced Micro Devices, Inc. (NASDAQ:AMD) were released by: Streetinsider.com and their article: “UPDATE: Cowen Starts AMD (AMD) at Outperform, ‘Just Getting Started'” published on May 18, 2018 as well as Nasdaq.com‘s news article titled: “Sorry Advanced Micro Devices, Inc. Bears, 2018 Is a Breakout Year” with publication date: May 11, 2018.

Investors sentiment decreased to 1.09 in 2017 Q4. Its down 0.42, from 1.51 in 2017Q3. It worsened, as 79 investors sold AMD shares while 108 reduced holdings. 69 funds opened positions while 135 raised stakes. 577.22 million shares or 3.15% more from 559.57 million shares in 2017Q3 were reported. Chicago Equity Ltd holds 274,185 shares. Hap Trading Ltd Liability Co reported 0.03% in Advanced Micro Devices, Inc. (NASDAQ:AMD). Private Advisor Gp Limited Liability holds 0.01% of its portfolio in Advanced Micro Devices, Inc. (NASDAQ:AMD) for 13,473 shares. Amer Intl Grp Inc accumulated 0.01% or 291,836 shares. California Public Employees Retirement stated it has 0.03% of its portfolio in Advanced Micro Devices, Inc. (NASDAQ:AMD). Voya Inv Ltd has 644,414 shares for 0.01% of their portfolio. Jefferies Gru Incorporated Ltd Llc holds 0.13% of its portfolio in Advanced Micro Devices, Inc. (NASDAQ:AMD) for 2.78M shares. Public Employees Retirement Association Of Colorado holds 159,664 shares. Fdx Advsr Incorporated, California-based fund reported 11,558 shares. Commerzbank Aktiengesellschaft Fi invested in 0.44% or 3.43M shares. San Francisco Sentry Investment Gp (Ca) accumulated 0% or 500 shares. Guggenheim Cap Limited Liability holds 0.13% or 5.49 million shares in its portfolio. Nomura Holding Inc holds 0.01% or 455,389 shares in its portfolio. 12.25 million were accumulated by Tiaa Cref Invest Management Ltd Co. Wealthfront holds 36,895 shares.

Among 33 analysts covering Advanced Micro (NASDAQ:AMD), 13 have Buy rating, 4 Sell and 16 Hold. Therefore 39% are positive. Advanced Micro had 124 analyst reports since August 13, 2015 according to SRatingsIntel. The stock of Advanced Micro Devices, Inc. (NASDAQ:AMD) earned “Hold” rating by Topeka Capital Markets on Thursday, August 13. On Friday, September 11 the stock rating was upgraded by Bernstein to “Market Perform”. The firm has “Sell” rating given on Thursday, April 26 by Susquehanna. The firm has “Hold” rating by Oppenheimer given on Tuesday, June 20. The firm has “Negative” rating given on Monday, March 26 by Susquehanna. Craig Hallum initiated the shares of AMD in report on Thursday, April 7 with “Hold” rating. The company was maintained on Wednesday, April 4 by Susquehanna. Deutsche Bank maintained the shares of AMD in report on Wednesday, September 14 with “Hold” rating. The stock of Advanced Micro Devices, Inc. (NASDAQ:AMD) earned “Buy” rating by M Partners on Monday, January 29. The rating was maintained by Robert W. Baird with “Buy” on Monday, May 7.

Analysts await The Boston Beer Company, Inc. (NYSE:SAM) to report earnings on July, 26. They expect $2.64 earnings per share, up 12.34% or $0.29 from last year’s $2.35 per share. SAM’s profit will be $30.99 million for 22.81 P/E if the $2.64 EPS becomes a reality. After $0.55 actual earnings per share reported by The Boston Beer Company, Inc. for the previous quarter, Wall Street now forecasts 380.00% EPS growth.

Since December 13, 2017, it had 0 buys, and 23 selling transactions for $30.06 million activity. Shares for $215,000 were sold by Grinnell David L. on Wednesday, April 11. 5,000 The Boston Beer Company, Inc. (NYSE:SAM) shares with value of $950,050 were sold by Burwick David A. $12,090 worth of The Boston Beer Company, Inc. (NYSE:SAM) shares were sold by HEATH TARA L.. $17,569 worth of The Boston Beer Company, Inc. (NYSE:SAM) shares were sold by Fisher Cheryl. Geist John C sold $1.53M worth of The Boston Beer Company, Inc. (NYSE:SAM) on Tuesday, January 2.

More notable recent The Boston Beer Company, Inc. (NYSE:SAM) news were published by: Seekingalpha.com which released: “Boston Beer rallies after satisfying earnings” on April 26, 2018, also Seekingalpha.com with their article: “Boston Beer Back On Track?” published on April 24, 2018, Seekingalpha.com published: “Boston Beer (SAM) Q1 2018 Results – Earnings Call Transcript” on April 26, 2018. More interesting news about The Boston Beer Company, Inc. (NYSE:SAM) were released by: Fool.com and their article: “Why Boston Beer Stock Gained 19% in April” published on May 07, 2018 as well as Fool.com‘s news article titled: “Boston Beer Finally Posts Earnings Worth Cheering About” with publication date: May 15, 2018.

Investors sentiment decreased to 0.87 in 2017 Q4. Its down 0.28, from 1.15 in 2017Q3. It worsened, as 25 investors sold SAM shares while 90 reduced holdings. 44 funds opened positions while 56 raised stakes. 8.44 million shares or 3.57% less from 8.75 million shares in 2017Q3 were reported. Hgk Asset owns 0.07% invested in The Boston Beer Company, Inc. (NYSE:SAM) for 2,593 shares. Jpmorgan Chase & Company reported 69,694 shares. Teachers Retirement Of The State Of Kentucky stated it has 2,100 shares. Fmr Limited Liability Company holds 16,000 shares or 0% of its portfolio. Raymond James And Associates holds 2,606 shares. State Street accumulated 0% or 322,329 shares. Goldman Sachs Group Inc owns 123,880 shares for 0.01% of their portfolio. 61,491 are held by Royal Comml Bank Of Canada. Northwestern Mutual Wealth Management Communication reported 0% in The Boston Beer Company, Inc. (NYSE:SAM). Van Hulzen Asset Mgmt reported 0.09% of its portfolio in The Boston Beer Company, Inc. (NYSE:SAM). 735,372 were accumulated by Vanguard Gru. Ubs Asset Americas reported 78,119 shares. Commonwealth Of Pennsylvania Pub School Empls Retrmt has 1,265 shares. Panagora Asset Mngmt Incorporated has 100,962 shares for 0.07% of their portfolio. Invesco owns 197,833 shares.

Among 16 analysts covering Boston Beer Co (NYSE:SAM), 1 have Buy rating, 1 Sell and 14 Hold. Therefore 6% are positive. Boston Beer Co had 65 analyst reports since July 28, 2015 according to SRatingsIntel. The company was initiated on Wednesday, January 13 by Berenberg. The rating was maintained by Credit Suisse on Thursday, October 19 with “Neutral”. The firm has “Hold” rating given on Wednesday, April 19 by Jefferies. As per Monday, April 25, the company rating was maintained by Citigroup. William Blair downgraded the stock to “Market Perform” rating in Monday, January 9 report. Susquehanna maintained The Boston Beer Company, Inc. (NYSE:SAM) rating on Thursday, July 27. Susquehanna has “Buy” rating and $20700 target. RBC Capital Markets maintained the shares of SAM in report on Friday, May 26 with “Hold” rating. The firm earned “Sell” rating on Friday, October 14 by Berenberg. The firm has “Buy” rating by Susquehanna given on Tuesday, July 18. The stock has “Underperform” rating by CLSA on Tuesday, March 8.

The Boston Beer Company, Inc. (NYSE:SAM) Institutional Positions Chart

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