CocaCola Company (The) $KO Shares Sold by Aurdan Capital Management LLC

Aurdan Capital Management LLC lowered its stake in shares of CocaCola Company (The) (NYSE:KO) by 20.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 34,576 shares of the company’s stock after selling 9,013 shares during the quarter. CocaCola comprises about 0.7% of Aurdan Capital Management LLC’s holdings, making the stock its 29th largest position. Aurdan Capital Management LLC’s holdings in CocaCola were worth $2,293,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd increased its stake in CocaCola by 5,142.9% in the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 367 shares of the company’s stock valued at $26,000 after buying an additional 360 shares during the period. Headlands Technologies LLC purchased a new stake in shares of CocaCola in the second quarter valued at about $26,000. Marquette Asset Management LLC acquired a new position in shares of CocaCola during the third quarter worth about $27,000. Cloud Capital Management LLC purchased a new position in CocaCola during the third quarter worth about $27,000. Finally, GFG Capital LLC acquired a new stake in CocaCola in the second quarter valued at about $34,000. Institutional investors and hedge funds own 70.26% of the company’s stock.

Analyst Ratings Changes

KO has been the topic of a number of analyst reports. Weiss Ratings restated a “buy (b-)” rating on shares of CocaCola in a research note on Thursday, January 22nd. Evercore ISI reiterated an “outperform” rating on shares of CocaCola in a report on Tuesday, October 21st. Jefferies Financial Group boosted their price objective on shares of CocaCola from $84.00 to $88.00 and gave the stock a “buy” rating in a report on Wednesday. Barclays restated an “overweight” rating on shares of CocaCola in a research report on Thursday, October 23rd. Finally, Wells Fargo & Company lifted their price target on shares of CocaCola from $75.00 to $79.00 and gave the company an “overweight” rating in a research report on Wednesday, October 22nd. One investment analyst has rated the stock with a Strong Buy rating and fifteen have issued a Buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Buy” and an average target price of $80.43.

Insider Activity at CocaCola

In other news, EVP Manuel Arroyo sold 139,689 shares of the company’s stock in a transaction on Friday, November 14th. The stock was sold at an average price of $70.80, for a total transaction of $9,889,981.20. Following the completion of the sale, the executive vice president directly owned 58,067 shares in the company, valued at $4,111,143.60. This represents a 70.64% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CEO James Quincey sold 337,824 shares of the stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $77.10, for a total value of $26,046,230.40. Following the completion of the transaction, the chief executive officer directly owned 342,546 shares in the company, valued at $26,410,296.60. This trade represents a 49.65% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 549,528 shares of company stock worth $41,051,826. 0.97% of the stock is currently owned by company insiders.

CocaCola Trading Up 1.4%

NYSE KO opened at $78.46 on Friday. The company has a market cap of $337.48 billion, a P/E ratio of 25.98, a P/E/G ratio of 3.97 and a beta of 0.36. CocaCola Company has a 12 month low of $62.91 and a 12 month high of $78.86. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.21 and a quick ratio of 1.00. The company has a 50-day moving average of $71.21 and a 200-day moving average of $69.70.

More CocaCola News

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Analysts are bullish overall: KO has an average “Buy” rating from analysts, supporting upward momentum ahead of Q4 results. CocaCola Company (The) (NYSE:KO) Receives Average Rating of “Buy” from Analysts
• Positive Sentiment: Jefferies raised its price target (reported coverage noted a raise to $88) and analysts have been nudging targets higher, lending price-support and suggesting further upside vs. current levels. Jefferies price target raise report
• Positive Sentiment: Deutsche Bank bumped its KO target to $83 and reaffirmed a Buy rating ahead of the quarter, another sign of bullish analyst positioning into earnings. Deutsche Bank Lifts Coca-Cola (KO) Target Ahead of Q4 Earnings
• Neutral Sentiment: Street is focused on Q4 metrics — previews and modelers expect KO’s pricing power and margins to be central to the beat/miss debate for EPS and revenue. Investors are watching guidance closely. Seeking Clues to Coca‑Cola (KO) Q4 Earnings
• Neutral Sentiment: Investor interest and ownership trends are in focus heading into results — institutional ownership breakdowns and insider holdings are being highlighted. Ahead of Q4 Earnings, Let’s Look at Who Owns Coca‑Cola Stock (KO)
• Neutral Sentiment: Analysis pieces on KO’s dividend, pricing power and “all‑weather” strategy are reinforcing the income/defensive narrative that attracts yield-focused buyers. How Dividend Expectations And Pricing Power At Coca‑Cola (KO) Have Changed Its Investment Story
• Negative Sentiment: Big insider sale: CEO James Quincey sold 337,824 shares (filed with the SEC), which may raise short‑term investor concern about insider liquidity timing even though such sales can be for diversification or tax planning. SEC Form 4 — Quincey sale
• Negative Sentiment: Coca‑Cola will discontinue frozen Minute Maid products in the U.S. and Canada — a small brand/portfolio contraction that may modestly reduce revenues in specialty categories and signals portfolio pruning. Coca‑Cola to discontinue frozen products in US and Canada

CocaCola Profile

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.