The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Constellation Brands Inc shares valued at $28,908,840 were purchased by RSS Master LLC on Oct 16 ’24. At $242.37 per share, RSS Master LLC acquired 119,274 shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, Glaetzer Samuel J sold 1,510 shares, netting a total of over 370,809 in proceeds. Following the sale of shares at $245.57 each, the insider now holds 4,970 shares.
Before that, Glaetzer Samuel J had added 1,510 shares to its account. In a trade valued at $370,809, the Officer bought Constellation Brands Inc shares for $245.57 each.
As published in a research note from TD Cowen on October 08, 2024, Constellation Brands Inc [STZ] has been rated down from a Buy to a Hold and the price target has been revised to $270 from $300. Analysts at BofA Securities downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in early October. As of July 05, 2024, UBS has reiterated its “Buy” rating for STZ. Earlier on July 05, 2024, ROTH MKM resumed its rating. Their recommendation was “a Buy” for STZ stock.
Analyzing STZ Stock Performance
During the last five days, there has been a surge of approximately 1.32%. Over the course of the year, Constellation Brands Inc shares have jumped approximately 0.76%. Shares of the company reached a 52-week high of $274.87 on 04/11/24 and a 52-week low of $235.57 on 08/05/24. A 50-day SMA is recorded $246.45, while a 200-day SMA reached $252.22. Nevertheless, trading volume fell to 1.37 million shares from 1.3 million shares the previous day.
Support And Resistance Levels for Constellation Brands Inc (STZ)
According to the 24-hour chart, there is a support level at 241.95, which, if violated, would cause prices to drop to 240.32. In the upper region, resistance lies at 244.52. The next price resistance is at 245.46. RSI (Relative Strength Index) is 44.50 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.57, which suggests the price will decrease in the coming days. Percent R is at 72.85%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
