Insider Buying: Coca-Cola HBC (LON:CCH) Insider Acquires £75,959.85 in Stock

Coca-Cola HBC AG (LON:CCH) insider Zoran Bogdanovic purchased 1,745 shares of the company’s stock in a transaction on Friday, April 17th. The stock was acquired at an average cost of GBX 4,353 per share, for a total transaction of £75,959.85.

Zoran Bogdanovic also recently made the following trade(s):

• On Tuesday, March 17th, Zoran Bogdanovic bought 119,532 shares of Coca-Cola HBC stock. The shares were purchased at an average cost of GBX 4,557 per share, for a total transaction of £5,447,073.24.
• On Tuesday, February 17th, Zoran Bogdanovic bought 115,883 shares of Coca-Cola HBC stock. The shares were purchased at an average cost of GBX 4,751 per share, for a total transaction of £5,505,601.33.
• On Friday, February 13th, Zoran Bogdanovic sold 30,000 shares of Coca-Cola HBC stock. The stock was sold at an average price of GBX 4,694, for a total value of £1,408,200.

Coca-Cola HBC Price Performance

Shares of LON:CCH opened at GBX 4,223.59 on Thursday. The company has a quick ratio of 0.80, a current ratio of 1.19 and a debt-to-equity ratio of 107.40. Coca-Cola HBC AG has a twelve month low of GBX 3,270 and a twelve month high of GBX 4,890. The stock’s 50 day moving average is GBX 4,476.92 and its 200-day moving average is GBX 3,994.52. The firm has a market capitalization of £15.39 billion, a price-to-earnings ratio of 16.31, a PEG ratio of 1.03 and a beta of 0.59.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 5,000 target price on shares of Coca-Cola HBC in a research report on Thursday, April 2nd. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Coca-Cola HBC in a research report on Friday, January 9th. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of GBX 4,512.67.

About Coca-Cola HBC

Coca-Cola HBC is a growth-focused consumer packaged goods business and strategic bottling partner of The Coca-Cola Company. We open up moments that refresh us all, by creating value for our stakeholders and supporting the socio-economic development of the communities in which we operate. With a vision to be the leading 24/7 beverage partner, we offer drinks for all occasions around the clock and work together with our customers to serve 750 million consumers across a broad geographic footprint of 29 countries.