Coca Cola Co (KO): J Alexander Jr Douglas , Executive Vice President of Coca Cola Co sold 80,000 shares on Apr 8, 2016. The Insider selling transaction was disclosed on Apr 12, 2016 to the Securities and Exchange Commission. The shares were sold at $46.95 per share for a total value of $3,756,000.00.
Company has been under the radar of several Street Analysts.The Coca-Cola Co is Reiterated by UBS to Buy and the brokerage firm has raised the Price Target to $ 52 from a previous price target of $49 .The Rating was issued on Apr 4, 2016.The Coca-Cola Co is Reiterated by RBC Capital Mkts to Outperform and the brokerage firm has raised the Price Target to $ 51 from a previous price target of $47 .The Rating was issued on Mar 10, 2016.The Coca-Cola Co is Downgraded by Sterne Agee CRT to Neutral. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Feb 26, 2016.The Coca-Cola Co is Upgraded by Societe Generale to Hold. Earlier the firm had a rating of Sell on the company shares. The Rating was issued on Feb 10, 2016.
Currently the company Insiders own 1.54% of The Coca-Cola Co shares according to the proxy statements.Institutional Investors own 63.96% of The Coca-Cola Co shares.
Shares of The Coca-Cola Co (KO) ended Monday, Apr 11, 2016 session in red amid volatile trading. The shares closed down -0.43 points or -0.92% at $46.44 with 1,18,80,062 shares getting traded. Post opening the session at $46.9, the shares hit an intraday low of $46.41 and an intraday high of $47.13 and the price vacillated in this range throughout the day. The company has a market cap of $201,062 M and the number of outstanding shares has been calculated to be 4,32,94,97,800 shares. The 52-week high of The Coca-Cola Co is $47.13 and the 52-week low is $36.56.
The Coca-Cola Company is a beverage company. The Company owns or licenses and markets more than 500 nonalcoholic beverage brands primarily sparkling beverages but also a range of still beverages such as waters enhanced waters juices and juice drinks ready-to-drink teas and coffees and energy and sports drinks. It owns and markets a range of nonalcoholic sparkling beverage brands such as Coca-Cola Diet Coke Fanta and Sprite. The Company makes its beverage products available to consumers throughout the world through its network of Company-owned or controlled bottling and distribution operations as well as independent bottling partners distributors wholesalers and retailers. The Companys segments include Eurasia and Africa Europe Latin America North America Asia Pacific Bottling Investments and Corporate.