Shares of Constellation Brands Inc (NYSE:STZ) Sees Large Inflow of Net Money Flow

Constellation Brands Inc (NYSE:STZ) had a weak trading session and its shares were last down at $152.89, down -0.51% or -0.33 points. The trading data also revealed that the total net flow stood at $10.94 million as the shares had $38.64 million in upticks but lost $27.7 million in downticks. The up/down ratio was 1.4. This data is particularly important for the traders and speculators alike as it could also be used to gauge the strength of the momentum in the shares. During the past week, the shares have seen a change of -0.33% in the shares.The block trade data suggests an inflow of $10.64 million in upticks and an outflow of $2.8 million in downticks. The up/down ratio for the block stood at 3.8. The net money flow for this transaction was recorded at $7.84.


Currently the company Insiders own 10.63% of Constellation Brands Inc shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -9.6% . Institutional Investors own 79.36% of Constellation Brands Inc shares. During last six month period, the net percent change held by insiders has seen a change of -9.6%. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Wandell Keith E, director of Constellation Brands, Inc., had unloaded 6,517 shares at an average price of $155.11 in a transaction dated on May 19, 2016. The total value of the transaction was worth $1,010,852.

Constellation Brands Inc (NYSE:STZ) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.52 points or 0.34% at $152.88 with 1,238,892 shares getting traded. Post opening the session at $153, the shares hit an intraday low of $152.46 and an intraday high of $153.96 and the price was in this range throughout the day. The company has a market cap of $30,541 million and the number of outstanding shares have been calculated to be 199,768,180 shares. The 52-week high of Constellation Brands Inc (NYSE:STZ) is $165.81 and the 52-week low is $114.49.

Many analysts have stated their opinion on the company shares. In a research note released to the investors, Citigroup maintains its rating on Constellation Brands Inc (NYSE:STZ).The analysts at the brokerage house have a current rating of Neutral on the shares. In a recent information released to the investors, Citigroup raises the new price target from $162 per share to $168 per share. The rating by the firm was issued on April 12, 2016.

Constellation Brands, Inc. is an international beverage alcohol company. The Companys operating segments include Beer, Wine and Spirits and Corporate Operations and Other. The Companys wine portfolio is complemented by select spirits brands and other select beverage alcohol products. It is a multi-category supplier (beer, wine and spirits) of beverage alcohol in the United States. The Companys customers include wholesale distributors, retailers, on premise locations and government alcohol beverage control agencies. In the United States, the Company operates 19 wineries using varieties of grapes grown in the Napa, Sonoma, Monterey and San Joaquin regions of California. It also operates eight wineries in Canada, four wineries in New Zealand and five wineries in Italy. The Companys Canadian whisky requirements are produced and aged at its Canadian distillery in Lethbridge, Alberta.

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