CocaCola (NYSE:KO) Stock Price Down 1.1% on Insider Selling

CocaCola Company (The) (NYSE:KO)’s stock price fell 1.1% during trading on Thursday after an insider sold shares in the company. The company traded as low as $82.49 and last traded at $82.6460. 14,111,544 shares changed hands during mid-day trading, a decline of 16% from the average session volume of 16,866,598 shares. The stock had previously closed at $83.59.

Specifically, EVP Jennifer K. Mann sold 100,000 shares of the company’s stock in a transaction that occurred on 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 sale, the executive vice president owned 207,400 shares in the company, valued at $16,480,004. This represents a 32.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 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. Also, EVP Jennifer K. Mann sold 100,000 shares of the company’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $79.46, for a total value of $7,946,000.00. Following the sale, the executive vice president owned 207,400 shares of the company’s stock, valued at $16,480,004. This trade represents a 32.53% decrease in their position. The SEC filing for this sale provides additional information. 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. In other news, Chairman James Quincey sold 8,000 shares of the company’s stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $80.00, for a total transaction of $640,000.00. Following the completion of the sale, the chairman owned 122,833 shares in the company, valued at $9,826,640. This represents a 6.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 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.

Wall Street Analyst Weigh In

Several research firms have recently commented on KO. Weiss Ratings upgraded CocaCola from a “buy (b)” rating to a “buy (b+)” rating in a research note on Monday, May 4th. Deutsche Bank Aktiengesellschaft upped their price target on CocaCola from $83.00 to $86.00 and gave the stock a “buy” rating in a research note on Monday, March 30th. Citigroup upped their price target on CocaCola from $90.00 to $91.00 and gave the stock a “buy” rating in a research note on Monday, May 18th. JPMorgan Chase & Co. upped their price target on CocaCola from $83.00 to $85.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. Finally, Jefferies Financial Group upped their price target on CocaCola from $87.00 to $90.00 and gave the stock a “buy” rating in a research note on Monday, March 16th. Fifteen analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $86.87.

Key Headlines Impacting CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Analyst and media coverage around the 2026 FIFA World Cup is constructive for KO, with Bank of America and Morgan Stanley both highlighting Coca-Cola as a beverage winner that could benefit from higher drink volumes during the tournament. The World Cup Is Here: Analyst Names One Beverage Stock To Watch
• Positive Sentiment: Recent commentary also reinforced Coca-Cola’s fundamentals, citing strong Q1 earnings, revenue growth, and pricing power as reasons investors continue to favor the stock. Coca-Cola’s Inflation Balancing Act: Price Increases vs. Volume
• Positive Sentiment: KO continues to attract income investors because of its dependable dividend profile and long history of annual payout increases, which supports demand for the shares. 1 Plain-As-Day Dividend King to Buy and Never Sell That Has Increased Its Payout for 64 Consecutive Years
• Positive Sentiment: Options activity has also been unusually bullish, with call buying rising above normal levels, suggesting traders are positioning for further upside.
• Neutral Sentiment: EVP Jennifer K. Mann sold 100,000 shares, but the sale was made under a pre-arranged 10b5-1 plan and to cover tax withholding on equity awards, making it less alarming than discretionary insider selling. CocaCola (NYSE:KO) EVP Jennifer Mann Sells 100,000 Shares
• Neutral Sentiment: Erste Group slightly raised its FY2026 earnings estimate to $3.27 per share, which is supportive but only a modest revision versus consensus.

CocaCola Price Performance

The company has a quick ratio of 1.15, a current ratio of 1.36 and a debt-to-equity ratio of 1.09. The company has a market cap of $355.58 billion, a price-to-earnings ratio of 25.99, a price-to-earnings-growth ratio of 3.25 and a beta of 0.35. The company has a fifty day simple moving average of $78.44 and a two-hundred day simple moving average of $75.57.

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

CocaCola Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be issued a $0.53 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $2.12 annualized dividend and a yield of 2.6%. CocaCola’s dividend payout ratio is 66.67%.

Institutional Trading of CocaCola

A number of large investors have recently made changes to their positions in the stock. FAS Wealth Partners Inc. boosted its stake in shares of CocaCola by 3.7% during the first quarter. FAS Wealth Partners Inc. now owns 19,061 shares of the company’s stock valued at $1,450,000 after acquiring an additional 677 shares during the last quarter. Rathbones Group PLC boosted its stake in shares of CocaCola by 1.5% during the first quarter. Rathbones Group PLC now owns 6,012,230 shares of the company’s stock valued at $457,230,000 after acquiring an additional 86,475 shares during the last quarter. First National Bank of Mount Dora Trust Investment Services boosted its stake in shares of CocaCola by 16.3% during the first quarter. First National Bank of Mount Dora Trust Investment Services now owns 11,239 shares of the company’s stock valued at $855,000 after acquiring an additional 1,574 shares during the last quarter. Pine Valley Investments Ltd Liability Co boosted its stake in shares of CocaCola by 1.8% during the first quarter. Pine Valley Investments Ltd Liability Co now owns 41,097 shares of the company’s stock valued at $3,129,000 after acquiring an additional 716 shares during the last quarter. Finally, Wealthquest Corp boosted its stake in shares of CocaCola by 2.8% during the first quarter. Wealthquest Corp now owns 7,598 shares of the company’s stock valued at $578,000 after acquiring an additional 206 shares during the last quarter. Institutional investors and hedge funds own 70.26% of the company’s stock.

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.