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 $159,060 were purchased by SER Business Holdings LP on Nov 20 ’24. At $241.00 per share, SER Business Holdings LP acquired 660 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, Newlands William A sold 25,000 shares, netting a total of over 6,089,522 in proceeds. Following the sale of shares at $243.58 each, the insider now holds 7,274 shares.
Before that, Sabia James A. Jr. had sold 36,086 shares from its account. In a trade valued at $8,768,541, the EVP & Pres. Beer traded Constellation Brands Inc shares for $242.99 each. Upon closing the transaction, the insider’s holdings decreased to 36,086 shares, worth approximately $3.86 million.
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 drop of approximately -0.51%. Over the course of the year, Constellation Brands Inc shares have dropped approximately -0.41%. Shares of the company reached a 52-week high of $274.87 on 04/11/24 and a 52-week low of $224.76 on 11/06/24. A 50-day SMA is recorded $243.30, while a 200-day SMA reached $250.63. Nevertheless, trading volume fell to 1.06 million shares from 1.05 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 239.04, which, if violated, would cause prices to drop to 237.31. In the upper region, resistance lies at 241.92. The next price resistance is at 243.08. RSI (Relative Strength Index) is 52.47 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.61, which suggests the price will increase in the coming days. Percent R is at 18.16%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
