Molson Coors Brewing Co (TAP) Files Form 4 Insider Selling : Krishnan Anand Sells 2,260 Shares

Molson Coors Brewing Co (TAP): Krishnan Anand , Pres & CEO Molson Coors Int’l of Molson Coors Brewing Co sold 2,260 shares on Jun 1, 2016. The Insider selling transaction was reported by the company on Jun 3, 2016 to the Securities and Exchange Commission. The shares were sold at $102.00 per share for a total value of $230,520.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 6, 2016, Brenda Davis (Chief Integration Officer) sold 3,000 shares at $98.03 per share price.On Apr 21, 2016, Krishnan Anand (Pres & CEO Molson Coors Int’l) sold 2,260 shares at $98.00 per share price.Also, On Mar 7, 2016, Samuel D Walker (Chief People & Legal Officer) sold 63,800 shares at $88.46 per share price.On Nov 25, 2015, Stewart Glendinning (Pres&CEO, Molson Coors Canada) sold 4,500 shares at $91.88 per share price.

Molson Coors Brewing Company: On Friday, Jun 3, 2016 heightened volatility was witnessed in Molson Coors Brewing Company which led to swings in the share price. The shares opened for trading at $101.42 and hit $102.6 on the upside , eventually ending the session at $102.47, with a gain of 0.52% or 0.53 points. The heightened volatility saw the trading volume jump to 8,30,135 shares. The 52-week high of the share price is $102.6 and the company has a market cap of $21,999 M . The 52-week low of the share price is at $63.91.

Molson Coors Brewing Company Money Flow Index Chart

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.

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