The VCOB of Constellation Brands Inc is Exercising Options

By Carrie Williams

Today it was reported that the VCOB of Constellation Brands Inc (STZResearch Report), Richard Sands, exercised options to sell 65,984 STZ shares for a total transaction value of $13.63M.

In addition to Richard Sands, 3 other STZ executives reported Sell trades in the last month.

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Based on Constellation Brands Inc’s latest earnings report for the quarter ending February 28, the company posted quarterly revenue of $1.8 billion and quarterly net profit of $1.24 billion. In comparison, last year the company earned revenue of $1.77 billion and had a net profit of $926 million. STZ’s market cap is $39.05B and the company has a P/E ratio of 12.43. Currently, Constellation Brands Inc has an average volume of 888.3K.

Based on 10 analyst ratings, the analyst consensus is Strong Buy with an average price target of $230.00, reflecting a 12.3% upside.

In the last 30 days, insiders have sold $32.34M worth of STZ shares and purchased $167.6K worth of STZ shares. The insider sentiment on Constellation Brands Inc has been negative according to 30 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Richard Sands’ trades have generated a -31.0% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Constellation Brands, Inc. engages in the production, marketing, and distribution of beer, wine, and spirits. It operates through the following segments: Beer, Wine and Spirits, and Corporate Operations and Other. The Beer segment includes imported and craft beer brands.