Large Outflow of Money Witnessed in Constellation Brands Inc

Constellation Brands Inc (STZ) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (12.59 million) in Constellation Brands Inc (STZ). On Friday, The value of composite uptick trades was $18.44 million, whereas, the value of composite downtick trades was $31.04 million and the ratio between the two was 0.59, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $14.32 million. $2.3 million was the block trade value on upticks. The ratio between the two was clearly in favor of the bears at 0.16. The negative money flow of ($12.02 million) shows selling on strength. Constellation Brands Inc (STZ) gained $2.2 intraday at $167 and registrered 1.33% for the week.


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 -14.36% . Institutional Investors own 75.4% of Constellation Brands Inc shares. During last six month period, the net percent change held by insiders has seen a change of -12.79%.

In a related news, The Securities and Exchange Commission has divulged that Mullin Thomas J, officer (Exec. VP & Gen. Counsel) of Constellation Brands, Inc., had unloaded 9,516 shares at an average price of $166.42 in a transaction dated on August 25, 2016. The total value of the transaction was worth $1,583,653.

Constellation Brands Inc (NYSE:STZ): The stock opened at $166.12 and touched an intraday high of $167.89 on Friday. During the day, the stock corrected to an intraday low of $165.68, however, the bulls stepped in and pushed the price higher to close in the green at $167 with a gain of 1.33% for the day. The total traded volume for the day was 546,625. The stock had closed at $164.8 in the previous trading session.

Constellation Brands Inc (STZ) : Traders are bullish on Constellation Brands Inc (STZ) as it has outperformed the S&P 500 by a wide margin of 2.54% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.35%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.85% in the last 1 week, and is up 2.4% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

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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