Insider Selling: CocaCola (NYSE:KO) EVP Sells 100,000 Shares of Stock

CocaCola Company (The) (NYSE:KO) EVP Jennifer Mann sold 100,000 shares of CocaCola stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $79.46, for a total transaction of $7,946,000.00. Following the completion of the transaction, the executive vice president owned 207,400 shares of the company’s stock, valued at $16,480,004. The trade was a 32.53% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

CocaCola Stock Performance

Shares of NYSE:KO traded up $2.32 during trading on Wednesday, hitting $83.66. 11,046,567 shares of the company were exchanged, compared to its average volume of 16,801,980. The company has a market cap of $359.93 billion, a PE ratio of 26.31, a P/E/G ratio of 3.18 and a beta of 0.35. The stock has a 50 day moving average of $78.30 and a 200 day moving average of $75.48. CocaCola Company has a 52-week low of $65.35 and a 52-week high of $83.85. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.36 and a quick ratio of 1.15.

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

CocaCola Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be given a dividend of $0.53 per share. The ex-dividend date is Monday, June 15th. This represents a $2.12 annualized dividend and a dividend yield of 2.5%. CocaCola’s dividend payout ratio is currently 66.67%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. Truist Financial set a $85.00 target price on CocaCola in a research report on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft upped their price target on shares of CocaCola from $83.00 to $86.00 and gave the stock a “buy” rating in a report on Monday, March 30th. JPMorgan Chase & Co. upped their price target on shares of CocaCola from $83.00 to $85.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. Evercore reaffirmed an “outperform” rating and issued a $85.00 price target on shares of CocaCola in a report on Wednesday, February 11th. Finally, Citigroup upped their price target on shares of CocaCola from $90.00 to $91.00 and gave the stock a “buy” rating in a report on Monday, May 18th. Fifteen analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $86.87.

CocaCola News Roundup

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Bank of America flagged Coca-Cola as a stock to watch into the 2026 World Cup, saying beverage volumes could rise as global event demand boosts consumption. The World Cup Is Here: Analyst Names One Beverage Stock To Watch
• Positive Sentiment: Recent coverage highlighted Coca-Cola’s strong Q1 performance, including better-than-expected earnings, revenue growth, pricing power, and volume gains, reinforcing the view that KO can keep growing even in an inflationary environment. Coca-Cola’s Inflation Balancing Act: Price Increases vs. Volume
• Positive Sentiment: Multiple articles continue to frame KO as a Dividend King, noting its long streak of dividend increases and reliable income profile, which supports demand from dividend investors. 1 Plain-As-Day Dividend King to Buy and Never Sell That Has Increased Its Payout for 64 Consecutive Years
• Positive Sentiment: Coca-Cola’s launch of BodyArmor Fit shows it is expanding further into the “better-for-you” beverage category, which could open additional growth avenues beyond traditional soda. Coca-Cola launches BodyArmor Fit as it branches out in the ‘better-for-you’ category
• Neutral Sentiment: Chairman James Quincey and EVP Jennifer Mann disclosed share sales, but both were pre-arranged 10b5-1 transactions tied to tax withholding on equity awards, making them less alarming than discretionary insider selling.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in KO. Anfield Capital Management LLC increased its stake in CocaCola by 438.8% in the fourth quarter. Anfield Capital Management LLC now owns 361 shares of the company’s stock valued at $25,000 after acquiring an additional 294 shares during the last quarter. Louisbourg Investments Inc. bought a new position in CocaCola in the first quarter valued at $25,000. Headlands Technologies LLC bought a new position in CocaCola in the second quarter valued at $26,000. Evolution Wealth Management Inc. increased its stake in CocaCola by 1,081.8% in the fourth quarter. Evolution Wealth Management Inc. now owns 390 shares of the company’s stock valued at $27,000 after acquiring an additional 357 shares during the last quarter. Finally, Daytona Street Capital LLC bought a new position in CocaCola in the fourth quarter valued at $29,000. Institutional investors own 70.26% of the company’s stock.

About CocaCola

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.