Molson Coors Brewing Co (TAP): Brenda Davis , Chief Integration Officer of Molson Coors Brewing Co sold 3,000 shares on May 4, 2016. The Insider selling transaction was reported by the company on May 6, 2016 to the Securities and Exchange Commission. The shares were sold at $98.03 per share for a total value of $294,087.59 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 21, 2016, Krishnan Anand (Pres & CEO Molson Coors Int’l) sold 2,260 shares at $98.00 per share price.On Mar 7, 2016, Samuel D Walker (Chief People & Legal Officer) sold 63,800 shares at $88.46 per share price.Also, On Nov 25, 2015, Stewart Glendinning (Pres&CEO, Molson Coors Canada) sold 4,500 shares at $91.88 per share price.On Nov 13, 2015, Gavin Hattersley (Chief Financial Officer) sold 49,214 shares at $92.12 per share price.
Shares of Molson Coors Brewing Company (TAP) ended Wednesday, May 4, 2016 session in red amid volatile trading. The shares closed down -0.14 points or -0.14% at $98.17 with 15,95,563 shares getting traded. Post opening the session at $97.77, the shares hit an intraday low of $96.8001 and an intraday high of $98.88 and the price vacillated in this range throughout the day. The company has a market cap of $21,051 M and the number of outstanding shares has been calculated to be 21,44,36,020 shares. The 52-week high of Molson Coors Brewing Company is $99.4499 and the 52-week low is $63.91.
Company has been under the radar of several Street Analysts.Molson Coors Brewing Company is Reiterated by Stifel to Buy and the brokerage firm has raised the Price Target to $ 119 from a previous price target of $115 .The Rating was issued on May 4, 2016.Molson Coors Brewing Company is Initiated by Citigroup to Neutral. The Rating was issued on Apr 8, 2016.
Molson Coors Brewing Company (MCBC) is a holding Company that operates as a brewer. The Company has a portfolio of owned and partner brands including Carling Coors Light Molson Canadian and Staropramen brands as well as craft and beers such as Blue Moon Creemore Springs Cobra and Sharp’s Doom Bar. The Company operates in four segments: Molson Coors Canada (MCC or Canada segment) operating in Canada; MillerCoors LLC (MillerCoors or U.S. segment) operating in the United States (U.S.); Molson Coors Europe (Europe segment) operating in Bosnia-Herzegovina Bulgaria Croatia Czech Republic Hungary Montenegro Republic of Ireland Romania Serbia Slovakia and the United Kingdom (U.K.) and Molson Coors International (MCI) operating in various other countries.