Nancy Quan Sells 31,625 Shares of CocaCola (NYSE:KO) Stock

CocaCola Company (The) (NYSE:KOGet Free Report) EVP Nancy Quan sold 31,625 shares of the stock in a transaction on Friday, May 15th. The stock was sold at an average price of $80.93, for a total transaction of $2,559,411.25. Following the completion of the sale, the executive vice president directly owned 223,330 shares of the company’s stock, valued at $18,074,096.90. The trade was a 12.40% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Nancy Quan also recently made the following trade(s):

  • On Tuesday, March 3rd, Nancy Quan sold 23,556 shares of CocaCola stock. The stock was sold at an average price of $79.50, for a total transaction of $1,872,702.00.

CocaCola Stock Up 0.9%

Shares of KO stock traded up $0.70 on Tuesday, hitting $81.90. The stock had a trading volume of 16,587,547 shares, compared to its average volume of 16,889,684. The firm has a market capitalization of $352.36 billion, a price-to-earnings ratio of 25.75, a P/E/G ratio of 3.23 and a beta of 0.35. The stock’s 50 day moving average is $77.09 and its 200-day moving average is $74.33. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.15 and a current ratio of 1.36. CocaCola Company has a 52-week low of $65.35 and a 52-week high of $82.66.

CocaCola (NYSE:KOGet Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.81 by $0.05. CocaCola had a net margin of 27.80% and a return on equity of 40.55%. The company had revenue of $12.47 billion during the quarter, compared to analyst estimates of $12.24 billion. During the same period last year, the business earned $0.73 EPS. The firm’s revenue for the quarter was up 11.4% compared to the same quarter last year. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. As a group, research analysts expect that CocaCola Company will post 3.26 earnings per share for the current year.

CocaCola Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th will be given a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Monday, June 15th. CocaCola’s dividend payout ratio (DPR) is presently 66.67%.

Trending Headlines about CocaCola

Here are the key news stories impacting CocaCola this week:

Institutional Trading of CocaCola

A number of large investors have recently modified their holdings of KO. Anfield Capital Management LLC increased its holdings in shares of CocaCola by 438.8% in the 4th quarter. Anfield Capital Management LLC now owns 361 shares of the company’s stock worth $25,000 after acquiring an additional 294 shares during the period. Louisbourg Investments Inc. acquired a new stake in shares of CocaCola in the 1st quarter worth about $25,000. Headlands Technologies LLC acquired a new stake in shares of CocaCola in the 2nd quarter worth about $26,000. Cloud Capital Management LLC acquired a new stake in shares of CocaCola in the 3rd quarter worth about $27,000. Finally, Evolution Wealth Management Inc. increased its holdings in shares of CocaCola by 1,081.8% in the 4th quarter. Evolution Wealth Management Inc. now owns 390 shares of the company’s stock worth $27,000 after acquiring an additional 357 shares during the period. Institutional investors and hedge funds own 70.26% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on KO shares. Truist Financial set a $85.00 price target on shares of CocaCola in a research report on Wednesday, February 11th. JPMorgan Chase & Co. raised their price target on shares of CocaCola from $83.00 to $85.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. Evercore restated an “outperform” rating and issued a $85.00 price target on shares of CocaCola in a research report on Wednesday, February 11th. TD Cowen raised their price target on shares of CocaCola from $85.00 to $90.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Finally, UBS Group raised their price target on shares of CocaCola from $90.00 to $92.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Fifteen research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $86.53.

Read Our Latest Analysis on KO

About CocaCola

(Get Free Report)

The Coca‑Cola Company (NYSE: KO) is a global beverage manufacturer, marketer and distributor best known for its flagship Coca‑Cola soda. Headquartered in Atlanta, Georgia, the company develops and sells concentrates, syrups and finished beverages across a broad portfolio of brands. Its product range spans sparkling soft drinks, bottled water, sports drinks, juices, ready‑to‑drink teas and coffees, and other still beverages, marketed under both global and regional brand names.

Coca‑Cola’s brand portfolio includes widely recognized names such as Coca‑Cola, Diet Coke, Coca‑Cola Zero Sugar, Sprite, Fanta, Minute Maid, Powerade and Dasani, and in recent years the company has expanded into the coffee and premium beverage categories through acquisitions such as Costa Coffee.

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Insider Buying and Selling by Quarter for CocaCola (NYSE:KO)

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