Insiders Are Betting on Constellation Brands Inc. (STZ) and ConocoPhillips Company (COP)

On Aug 30, SANDS ROBERT, Chairman of the Board sold 93,497 shares of Constellation Brands Inc. (NYSE: STZ), with the average selling price of the stock being $204.56 per share. The total amount realized from this sold $19,125,579. A document was filed with the Securities and Exchange Commission to notify the public about the sold of the shares.

In addition to that, Vice Chairman of the Board – SANDS RICHARD sold an extra 95,521 shares of this stock in a transaction that took place a day before, on Aug 30, with a share sold at an average of $204.57 and a total of $19,540,256 was realized from this transaction. After the transaction, the Vice Chairman of the Board – SANDS RICHARD was left with 149,876 shares of the company’s stock, which is currently worth around $30660133.32.

The recent price movement of STZ means that it is now down by -14.74% from its 52-week high and 21.61% up against its 52-week low prices. Over the past one week, the price volatility of STZ stands at 1.76% while the volatility over the past one month is 1.58%. The beta score for this stock is 0.67. A beta score below 1 means that the stock has a low volatility while above 1 signifies that a stock is highly volatile at that particular moment, a data that traders use to keep tabs on their investments.

The company on 10/03/2019 published its latest quarterly earnings, with the report showing that the company recorded 2.37 earnings per share (EPS) during that period. This report was above the expectations of analysts of 2.06 by 0.31. The revenue by the firm was 1.95B for the quarter.

The shares of Constellation Brands Inc. (STZ) dropped by -0.62%, leading to a loss of -$1.15 per share, and saw STZ end the trading session at $182.86 on Thursday 11/14/19. STZ started the trading session at $183.00, before reaching a daily high of $185.13. It wasn’t able to sustain that growth though and soon jumped to hit a daily low of $181.88.

The trading volume on Thursday stood at 1257686, which was below the stock’s 3-month average volume of 1.07 million shares, out of a total 151.47M shares. As the price of the stock dipped, the market valuation of the company dropped to 35.47 billion.

The shares of ConocoPhillips Company (NYSE: COP) went down by -0.54% by the end of the recent trading session. This movement saw its price plunge to close at $57.25, which was lower than the previous closing price of $57.56. Over the past one week, the price of COP has slipped by -3.85%, while it has recorded a gain of 4.83% over the past one month. Its three-month performance saw COP gain 11.23% while its six-month performance saw it drop by -7.81%. The situation is different though over the past one year, as the stock price went down by -10.15%, while its year-to-date (YTD) price performance slipped by -8.18%. The stock price has gone up by +14.20% compared to its 90-day low, while it is down -9.44% compared to its 90-day high price.

Let’s take a look at its short, medium and long-term indicators. Composite Indicators shows that Trendspotter rated the stock as a Buy. In the short-term, the stock has a 20-day average volume of 5,914,630 shares, with the short-term indicators averagely rating the stock as a 50% Buy. A look at its medium-term indicators reveals that it has a 50-Day average volume of 6,752,706 shares and the indicators have an average rating of Hold. The last indicators, the long-term see COP stock with a 100-Day average volume of 6,426,719 shares, giving it an average rating of 50% Sell. A look at the general picture of all short, medium and long-term indicators leaves COP with an average rating of 8% Buy.

Several brokerage firms sent out their reports COP stock not long ago. In its report sent out on September 16, 2019, UBS lowered its ratings on COP from a Neutral to a Buy. In an earlier report on August 19, 2019, Barclays Initiated the stock to a Overweight. BofA/Merrill meanwhile in its report on July 17, 2019 Upgrade its rating of the stock from a “Buy” to “Buy”.

In related news to the company’s stock, around 75.90% shares are being held by institutional investors. In a recent SEC filing, the company revealed that 1658 institutions currently hold the COP stock. In the last quarter, a 809,907,984 COP shares were in the possession of institutions. On the other hand, the company recorded 88 new institutions who bought it their stock, while 126 institutions sold their entire COP reserve. Of the current institutions investing in the stock, 609 increased their investment while 824 decreased their investment in the stock.