Constellation Brands, Inc. (STZ): F Paul Hetterich , Exec. Vice President of Constellation Brands, Inc. sold 10,000 shares on Jul 11, 2016. The Insider selling transaction was reported by the company on Jul 13, 2016 to the Securities and Exchange Commission. The shares were sold at $164.76 per share for a total value of $1,645,962.88 , 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, David Eric Klein (Exec Vice Pres. & CFO) sold 14,300 shares at $166.27 per share price.On Jul 6, 2016, Thomas J Mullin (Exec. VP & Gen. Counsel) sold 30,000 shares at $165.73 per share price.Also, On May 20, 2016, Keith E Wandell (director) sold 6,517 shares at $155.11 per share price.On May 11, 2016, John A Wright (Exec. Vice President) sold 35,709 shares at $161.62 per share price.
Shares of Constellation Brands (STZ) ended Monday, Jul 11, 2016 session in red amid volatile trading. The shares closed down -1.78 points or -1.07% at $164.21 with 13,37,746 shares getting traded. Post opening the session at $165.52, the shares hit an intraday low of $163.9 and an intraday high of $165.82 and the price vacillated in this range throughout the day. The company has a market cap of $32,926 M and the number of outstanding shares has been calculated to be 20,05,09,140 shares. The 52-week high of Constellation Brands is $167.91 and the 52-week low is $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.