Insider Sale at Constellation Brands Inc (STZ): EVP & Chief HR Officer Kaneenat Carey Sells Shares

Author's Avatar
Nov 17, 2024
Article's Main Image

Kaneenat Carey, Executive Vice President & Chief Human Resources Officer of Constellation Brands Inc (STZ, Financial), sold 330 shares of the company on November 13, 2024. The transaction was reported in a recent SEC Filing. Following this sale, the insider now owns 2,391 shares of Constellation Brands Inc.

Constellation Brands Inc, a leading international producer and marketer of beer, wine, and spirits, is known for its high-quality portfolio of brands. The company operates through various segments, including Beer, Wine and Spirits, providing premium products that are well recognized globally.

Over the past year, the insider has sold a total of 1,307 shares and has not made any purchases. This recent transaction is part of a broader trend observed within the company, where there have been 20 insider sells and no insider buys over the last year.

On the date of the latest transaction, shares of Constellation Brands Inc were trading at $239. This pricing gives the company a market cap of approximately $43.12 billion. The price-earnings ratio stands at 76.86, significantly above both the industry median of 17.96 and the company's historical median.

According to the GF Value, which is an intrinsic value estimate from GuruFocus, Constellation Brands Inc is currently modestly undervalued with a price-to-GF-Value ratio of 0.84, based on a GF Value of $286.18. The GF Value calculation considers historical trading multiples, an adjustment factor based on past returns and growth, and future business performance estimates.

1857955429385138176.png

1857955536859983872.png

This insider sale might draw attention from investors monitoring insider behaviors, especially in the context of the company's valuation metrics and stock performance.

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.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.