CocaCola Company (The) $KO Shares Sold by Rockland Trust Co.

Rockland Trust Co. cut its position in shares of CocaCola Company (The) (NYSE:KO) by 7.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 148,026 shares of the company’s stock after selling 11,288 shares during the quarter. Rockland Trust Co.’s holdings in CocaCola were worth $9,817,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the company. Caitong International Asset Management Co. Ltd increased its stake in CocaCola by 5,142.9% in the second quarter. Caitong International Asset Management Co. Ltd now owns 367 shares of the company’s stock valued at $26,000 after purchasing an additional 360 shares during the last quarter. Headlands Technologies LLC purchased a new stake in CocaCola in the 2nd quarter valued at about $26,000. Marquette Asset Management LLC acquired a new position in shares of CocaCola during the 3rd quarter valued at about $27,000. Cloud Capital Management LLC purchased a new position in shares of CocaCola during the 3rd quarter worth about $27,000. Finally, MMA Asset Management LLC purchased a new position in shares of CocaCola during the 2nd quarter worth about $34,000. Hedge funds and other institutional investors own 70.26% of the company’s stock.

CocaCola Price Performance

KO stock opened at $78.08 on Tuesday. The firm has a market cap of $335.87 billion, a P/E ratio of 25.85, a price-to-earnings-growth ratio of 4.06 and a beta of 0.36. The company has a debt-to-equity ratio of 1.30, a quick ratio of 1.00 and a current ratio of 1.21. CocaCola Company has a 1 year low of $63.66 and a 1 year high of $79.20. The stock has a 50-day simple moving average of $71.45 and a 200-day simple moving average of $69.83.

Insider Buying and Selling at CocaCola

In related news, CEO James Quincey sold 337,824 shares of the firm’s stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $77.10, for a total transaction of $26,046,230.40. Following the completion of the sale, the chief executive officer directly owned 342,546 shares of the company’s stock, valued at approximately $26,410,296.60. This trade represents a 49.65% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Nancy Quan sold 31,625 shares of CocaCola stock in a transaction on Monday, November 17th. The stock was sold at an average price of $71.17, for a total transaction of $2,250,751.25. Following the sale, the executive vice president directly owned 223,330 shares in the company, valued at $15,894,396.10. This trade represents a 12.40% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 509,138 shares of company stock valued at $38,186,963 over the last 90 days. 0.90% of the stock is owned by corporate insiders.

Key CocaCola News

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Analyst upgrade and higher target — Wells Fargo raised its price target on KO to $87 and kept an “overweight” rating, offering explicit upside that can attract buyers ahead of earnings. Read More.
• Positive Sentiment: Fairlife production ramp — Coca‑Cola is expanding Fairlife production to tap the growing protein/functional beverage category, a growth push that supports longer‑term organic revenue upside. Read More.
• Positive Sentiment: Sector tailwinds — Consumer staples are outperforming the broader market, and Coca‑Cola (a top holding in defensive ETFs) has seen strong YTD momentum; that defensive demand can support the share price in risk‑off sessions. Read More.
• Neutral Sentiment: Earnings day catalyst — Multiple previews note KO reports Q4 results before the open on Feb 10; guidance and margin commentary will likely be the primary driver of near‑term volatility rather than the quarter’s raw numbers. Read More.
• Neutral Sentiment: Investor discussion and odds — Market commentary (TipRanks/Polymarket previews) and many outlets debating whether KO will beat estimates increases attention but doesn’t change fundamentals ahead of guidance. Read More.
• Neutral Sentiment: Options/income interest — Articles laying out income strategies and option plays around KO reflect elevated trader activity into earnings; this can boost volume and IV but is market‑direction agnostic. Read More.
• Negative Sentiment: Insider selling — A recent filing showed the CEO sold stock worth roughly $26M, which can prompt short‑term caution among some investors despite routine explanations for planned sales. Read More.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on KO shares. Bank of America boosted their target price on shares of CocaCola from $78.00 to $80.00 and gave the company a “buy” rating in a report on Friday, November 7th. Royal Bank Of Canada reissued an “outperform” rating and set a $78.00 price objective on shares of CocaCola in a research note on Friday. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of CocaCola in a research report on Thursday, January 22nd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $83.00 target price on shares of CocaCola in a report on Thursday, January 29th. Finally, UBS Group restated a “buy” rating and set a $82.00 price target on shares of CocaCola in a research note on Tuesday, February 3rd. One analyst has rated the stock with a Strong Buy rating and fifteen have given a Buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $81.14.

CocaCola Company 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.