Richard  Sands net worth and biography

Richard Sands Biography and Net Worth

Major Shareholder of Constellation Brands
Richard Sands is Constellation’s executive vice chair. Richard is responsible for providing strategic leadership, working with the board of directors to advise on long-range goals, strategies, plans and policies.

Richard has been with Constellation in various capacities since 1979. He was elected as chairman of the board in 1999 and served in that role for 19 years. Richard led the company as chief executive officer from 1993 to 2007 and as president from 1986 to 2002. He served as chief operating officer from 1986 to 1993 and as executive vice president from 1982 to May 1986.

Richard serves as Chairman for the Education Success Foundation, Education Success Network, Friends of CMAC, and as the treasurer for the Canandaigua Area Development Corporation. He is currently an emeritus board member of both Rochester Institute of Technology and University of Rochester after having served many years on both Boards of Trustees.

What is Richard Sands' net worth?

The estimated net worth of Richard Sands is at least $5.57 billion as of May 10th, 2023. Mr. Sands owns 20,488,818 shares of Constellation Brands stock worth more than $5,574,392,713 as of March 28th. This net worth estimate does not reflect any other investments that Mr. Sands may own. Learn More about Richard Sands' net worth.

How do I contact Richard Sands?

The corporate mailing address for Mr. Sands and other Constellation Brands executives is 207 HIGH POINT DRIVE BUILDING 100, VICTOR NY, 14564. Constellation Brands can also be reached via phone at (585) 678-7100 and via email at [email protected]. Learn More on Richard Sands' contact information.

Has Richard Sands been buying or selling shares of Constellation Brands?

Richard Sands has not been actively trading shares of Constellation Brands during the last ninety days. Most recently, Richard Sands sold 3,858,476 shares of the business's stock in a transaction on Wednesday, May 10th. The shares were sold at an average price of $223.53, for a transaction totalling $862,485,140.28. Following the completion of the sale, the director now directly owns 20,488,818 shares of the company's stock, valued at $4,579,865,487.54. Learn More on Richard Sands' trading history.

Who are Constellation Brands' active insiders?

Constellation Brands' insider roster includes James Bourdeau (EVP), Kaneenat Carey (EVP), Jeremy Fowden (Director), Garth Hankinson (Exec. VP & CFO ), Garth Hankinson (CFO), Robert Hanson (EVP), Ernesto Hernández (Director), Thomas Kane (EVP), David Klein (CFO), Daniel McCarthy (Director), Thomas Mullin (VP), William Newlands (CEO), James Sabia, Jr (Director), Richard Sands (Major Shareholder), Robert Sands (Chairman), and Judy Schmeling (Director). Learn More on Constellation Brands' active insiders.

Are insiders buying or selling shares of Constellation Brands?

In the last twelve months, insiders at the sold shares 11 times. They sold a total of 5,202,425 shares worth more than $1,181,321,457.22. The most recent insider tranaction occured on January, 8th when Major Shareholder Family Foundation Sands sold 354,616 shares worth more than $88,746,200.16. Insiders at Constellation Brands own 16.2% of the company. Learn More about insider trades at Constellation Brands.

Information on this page was last updated on 1/8/2024.

Richard Sands Insider Trading History at Constellation Brands

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
5/10/2023Sell3,858,476$223.53$862,485,140.2820,488,818View SEC Filing Icon  
7/24/2020Sell638,407$180.12$114,989,868.84249,763View SEC Filing Icon  
7/21/2020Sell151,404$181.17$27,429,862.68301,280View SEC Filing Icon  
8/30/2019Sell95,521$204.57$19,540,730.97173,379View SEC Filing Icon  
5/15/2019Sell23,984$206.47$4,951,976.48173,860View SEC Filing Icon  
10/22/2018Sell148,773$223.69$33,279,032.37346,525View SEC Filing Icon  
10/19/2018Sell137,924$223.66$30,848,081.84346,525View SEC Filing Icon  
11/16/2015Sell182,247$134.13$24,444,790.11331,725View SEC Filing Icon  
11/12/2015Sell185,003$134.90$24,956,904.70331,725View SEC Filing Icon  
11/2/2015Sell165,190$135.11$22,318,820.90331,725View SEC Filing Icon  
10/28/2015Sell49,258$136.03$6,700,565.74331,725View SEC Filing Icon  
10/26/2015Sell184,187$136.20$25,086,269.40331,725View SEC Filing Icon  
1/21/2015Sell156,200$110.66$17,285,092.00View SEC Filing Icon  
2/14/2014Sell242,800$79.20$19,229,760.00299,505View SEC Filing Icon  
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Richard Sands Buying and Selling Activity at Constellation Brands

This chart shows Richard Sands's buying and selling at Constellation Brands by year and by quarter.

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Constellation Brands Company Overview

Constellation Brands logo
Constellation Brands, Inc., together with its subsidiaries, produces, imports, markets, and sells beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy. The company provides beer primarily under the Corona Extra, Corona Premier, Corona Familiar, Corona Light, Corona Refresca, Corona Hard Seltzer, Modelo Especial, Modelo Negra, Modelo Chelada, Victoria, Vicky Chamoy, and Pacifico brands. It also offers wine under the Cook's California Champagne, Kim Crawford, Meiomi, Mount Veeder, Ruffino, SIMI, My Favorite Neighbor, Robert Mondavi Winery, Schrader, and The Prisoner Wine Company brands; and spirits under the Casa Noble, Copper & Kings, High West, Mi CAMPO, Nelson's Green Brier, and SVEDKA brands. It provides its products to wholesale distributors, retailers, on-premise locations, and state alcohol beverage control agencies. The company was founded in 1945 and is headquartered in Victor, New York.
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Today's Range

Now: $270.53
Low: $270.03
High: $273.00

50 Day Range

MA: $252.62
Low: $242.55
High: $270.53

2 Week Range

Now: $270.53
Low: $217.05
High: $273.65

Volume

83,445 shs

Average Volume

1,173,123 shs

Market Capitalization

$49.46 billion

P/E Ratio

32.02

Dividend Yield

1.32%

Beta

0.96