Large Inflow of Money Detected in Constellation Brands Inc

Constellation Brands Inc (STZ) stock had a bullish inflow of $38.72 million worth of trades on uptick and an outflow of $20.27 million in downticks on Monday. The total uptick to downtick ratio stood at 1.91. The net money flow into the stock was $18.46 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $19.5 million. $19.5 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. However, Constellation Brands Inc (STZ) stock traded down $0.51 , and reached $165, a drop of -0.31% over the previous day. On a weekly basis, the stock is 1.18%, over the previous weeks close.


Shares of Constellation Brands Inc. rose by 1.44% in the last five trading days and 1.42% for the last 4 weeks. Constellation Brands Inc. is up 1.77% in the last 3-month period. Year-to-Date the stock performance stands at 16.66%.

Constellation Brands Inc (NYSE:STZ): The stock opened at $165.43 on Monday but the bulls could not build on the opening and the stock topped out at $165.45 for the day. The stock traded down to $164.53 during the day, due to lack of any buying support eventually closed down at $165.00 with a loss of -0.31% for the day. The stock had closed at $165.51 on the previous day. The total traded volume was 687,703 shares.

In a related news,The officer (Executive VP, Chief HR Officer) of Constellation Brands, Inc., Kane Thomas Michael sold 7,000 shares at $163.26 on July 28, 2016. The Insider selling transaction had a total value worth of $1,142,820. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

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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