Constellation Brands, Inc. (STZ): David Eric Klein , Exec Vice Pres. & CFO of Constellation Brands, Inc. sold 14,300 shares on Jul 5, 2016. The Insider selling transaction was reported by the company on Jul 6, 2016 to the Securities and Exchange Commission. The shares were sold at $166.27 per share for a total value of $2,377,685.25 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jul 6, 2016, Thomas J Mullin (Exec. VP & Gen. Counsel) sold 30,000 shares at $165.73 per share price.On May 20, 2016, Keith E Wandell (director) sold 6,517 shares at $155.11 per share price.Also, On May 11, 2016, John A Wright (Exec. Vice President) sold 35,709 shares at $161.62 per share price.On May 10, 2016, James A Iii Locke (director) sold 2,836 shares at $160.00 per share price.
Constellation Brands: On Tuesday, Jul 6, 2016 heightened volatility was witnessed in Constellation Brands which led to swings in the share price. The shares opened for trading at $164.05 and hit $167 on the upside , eventually ending the session at $165.9, with a gain of 1.40% or 2.29 points. The heightened volatility saw the trading volume jump to 15,74,916 shares. The 52-week high of the share price is $167.91 and the company has a market cap of $33,264 M . The 52-week low of the share price is at $114.49.
Constellation Brands Inc. is an international beverage alcohol company. The Company’s operating segments include Beer Wine and Spirits and Corporate Operations and Other. The Company’s 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 Company’s 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 Company’s Canadian whisky requirements are produced and aged at its Canadian distillery in Lethbridge Alberta.