Coca Cola Co (KO): Brian John Smith , other of Coca Cola Co sold 50,000 shares on May 19, 2016. The Insider selling transaction was reported by the company on May 23, 2016 to the Securities and Exchange Commission. The shares were sold at $44.32 per share for a total value of $2,215,785.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 26, 2016, Larry M Mark (Vice President, Controller) sold 28,000 shares at $44.52 per share price.On Apr 12, 2016, J Alexander Jr Douglas (Executive Vice President) sold 80,000 shares at $46.95 per share price.Also, On Apr 7, 2016, Brent Hastie (Senior Vice President) sold 18,670 shares at $46.60 per share price.On Apr 4, 2016, Atul Singh (other) sold 206,728 shares at $46.70 per share price.
Shares of The Coca-Cola Co (KO) ended Friday, May 20, 2016 session in red amid volatile trading. The shares closed down -0.37 points or -0.83% at $43.95 with 1,29,14,133 shares getting traded. Post opening the session at $44.51, the shares hit an intraday low of $43.94 and an intraday high of $44.54 and the price vacillated in this range throughout the day. The company has a market cap of $190,136 M and the number of outstanding shares has been calculated to be 4,32,61,98,700 shares. The 52-week high of The Coca-Cola Co is $47.13 and the 52-week low is $36.56.
On Apr 28, 2016, The Coca-Cola Co announced a cash dividend of $0.3500. The company’s management has announced Jun 13, 2016 as the ex-dividend date and fixed the record date on Jun 15, 2016. The payable date has been fixed on Jul 1, 2016.
Company has been under the radar of several Street Analysts.The Coca-Cola Co is Reiterated by UBS to Buy while Lowering the Price Target of the company shares to $ 51 from a previous price target of $52 . The Rating was issued on Apr 21, 2016.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 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.