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EdgarHawk

Newlands William A

President & CEO

Director Officer
2 filings analyzed · 1 company · Latest 2024-11-15

Companies

Company Buys Sells Direction
CONSTELLATION BRANDS, INC. STZ 0 3 Net selling

Activity

November 2024
high
Sell
25,000 shares
$6,089,522
Significance 6/10

STZ President & CEO Newlands sold 25,000 shares ($6.1M) on 2024-11-14; holdings reduced to 7.3K; stock down 12.7% from 52-week high.

William A Newlands sold 25,000 shares of Constellation Brands at $243.58, reducing his holdings by 77.5% to 7,274 shares post-transaction. Across his same-ticker history at STZ, all four prior measurable sells have been well-timed at the 90-day mark, with returns ranging from -3.0% to -12.5%, indicating a consistent pattern of selling before declines. The current price of $237.51 sits 12.7% below the 52-week high and 2.5% below the 30-day average, placing this sale in a period of stock weakness. However, the company faces material headwinds: net income stands at -$1.2B against revenue of $2.9B, even as annual revenue growth remains positive at 5.4%, suggesting profitability challenges despite top-line expansion. The large reduction in personal holdings warrants attention to whether this reflects broader business concerns or is driven by scheduled grant diversification.

October 2024
high
Sell
7,426 shares
$1,761,769
Significance 7/10

Newlands sells 7,426 STZ shares at $237.24; cuts holdings by -50.5%, stock down -14.6% from 52-week high

Newlands William A (President & CEO) sold 7,426 shares (7.4K shares) of STZ on 2024-10-29 at $237.24, reducing his position by -50.5% from 14,700 to 7,274 shares. The sale occurred near a recent peak: STZ is now trading at $232.34, -14.6% from its 52-week high of $272.04 and down -9.8% over 30 days. His prior five trades at STZ were all well-timed sells, with 90-day declines of -8.2%, -8.5%, -5.7%, -12.5%, and -12.9%, establishing a 100% accuracy rate in timing exits at this ticker. Notably, the company reported a net loss of $-1,199,000,000.00 in the latest quarter despite 5.4% annual revenue growth, creating a disconnect between growth and profitability that may have motivated the substantial reduction in the CEO's direct holdings.

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