On October 29, 2024, William Newlands, President & CEO of Constellation Brands Inc (STZ, Financial), executed a sale of 7,426 shares of the company. Following this transaction, the insider now directly owns 7,274 shares in the company, as detailed in the SEC Filing.
Constellation Brands Inc, a leading beverage alcohol company, is known for its portfolio of premium brands including Corona Extra, Modelo Especial, and Svedka Vodka, among others. The company operates through various segments, including Beer, Wine and Spirits, providing a wide range of products across these categories.
Over the past year, William Newlands has sold a total of 36,439 shares of Constellation Brands Inc and has not made any purchases of the stock during this period. The insider transaction history for the company shows a total of 14 insider sells and no insider buys over the past year.
Shares of Constellation Brands Inc were trading at $237.24 on the day of the transaction. The company has a market cap of approximately $42.18 billion. The price-earnings ratio of the stock stands at 75.19, significantly above both the industry median of 17.835 and the company’s historical median.
According to the GF Value, an intrinsic value estimate used by GuruFocus, Constellation Brands Inc is considered modestly undervalued. The GF Value of $285.55 suggests a price-to-GF-Value ratio of 0.83, indicating that the stock might be undervalued.
This recent insider sell might prompt investors to keep an eye on stock performance and further insider transactions at Constellation Brands Inc, as insider activities can provide valuable insights into a company's financial health and future prospects.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.