In a filing, Constellation Brands Inc revealed its Director GILES WILLIAM T acquired Company’s shares for reported $0.19 million on Jan 17 ’25. In the deal valued at $186.39 per share,1,000 shares were bought. As a result of this transaction, GILES WILLIAM T now holds 1,463 shares worth roughly $0.26 million.
Then, WildStar Partners LLC sold 660 shares, generating $159,060 in total proceeds. Upon selling the shares at $241.00, the 10% Owner now owns 1,736,884 shares.
Before that, SANDS RICHARD sold 660 shares. Constellation Brands Inc shares valued at $159,060 were divested by the Director at a price of $241.00 per share. As a result of the transaction, SANDS RICHARD now holds 20,428,521 shares, worth roughly $3.69 billion.
Argus downgraded its Constellation Brands Inc [STZ] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including JP Morgan’s analysts, who decreased its forecast for the stock in mid January from “an Overweight” to “a Neutral”. Jefferies also remained covering STZ and has decreased its forecast on January 13, 2025 with a “Hold” recommendation from previously “Buy” rating. Needham started covering the stock on December 06, 2024. It rated STZ as “a Buy”.
Price Performance Review of STZ
On Friday, Constellation Brands Inc [NYSE:STZ] saw its stock fall -1.91% to $180.80. Over the last five days, the stock has lost -1.26%. Constellation Brands Inc shares have fallen nearly -18.19% since the year began. Nevertheless, the stocks have fallen -27.22% over the past one year. While a 52-week high of $274.87 was reached on 01/06/25, a 52-week low of $176.51 was recorded on 01/13/25. SMA at 50 days reached $217.69, while 200 days put it at $241.03.
Levels Of Support And Resistance For STZ Stock
The 24-hour chart illustrates a support level at 179.07, which if violated will result in even more drops to 177.35. On the upside, there is a resistance level at 183.46. A further resistance level may holdings at 186.13. The Relative Strength Index (RSI) on the 14-day chart is 30.77, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.46, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 65.84%. Stochastics %K at 24.00% indicates the stock is a holding.
How much short interest is there in Constellation Brands Inc?
A steep rise in short interest was recorded in Constellation Brands Inc stocks on 2024-12-13, dropping by -0.57 million shares to a total of 2.87 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 3.44 million shares. There was a decline of -19.92%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on November 25, 2024 when Exane BNP Paribas began covering the stock and recommended ‘”a Neutral”‘ rating along with a $261 price target.
