WildStar Partners LLC (10% owner) sold 59,637 shares of STZ at $240.38 on 2024-11-13 for $14.3M; still holds 3.31M shares post-sale.
WildStar Partners, a 10% stakeholder, sold 59,637 shares at $240.38, reducing holdings by 1.8% while retaining 3.31M shares. The sale occurred near but below the 52-week high of $272.04, with the stock now trading at $237.51 (-12.7% from peak). Critically, the company is operationally challenged: the latest quarter shows net income of -$1,199,000,000, a significant loss despite $2.9B in quarterly revenue and 5.4% annual growth. WildStar's prior trades at STZ show 0 of 5 prior sells were well-timed at the 90-day mark (all five prior sells recorded positive 90-day returns, meaning the stock rose after each sale), suggesting this insider has historically exited before gains materialized at this ticker. The persistent unprofitability against modest revenue growth warrants attention to whether this disposition signals recognition of margin pressures or structural headwinds.