Coca-Cola Co’s recently made public that its Officer Douglas Monica Howard acquired Company’s shares for reported $0.7 million on Nov 22 ’24. In the deal valued at $63.65 per share,10,950 shares were bought.
Then, Douglas Monica Howard sold 10,950 shares, generating $697,673 in total proceeds. Upon selling the shares at $63.71, the Executive Vice President now owns 22,688 shares.
Before that, Quincey James sold 100,000 shares. Coca-Cola Co shares valued at $6,403,040 were divested by the Chairman and CEO at a price of $64.03 per share. As a result of the transaction, Quincey James now holds 342,546 shares, worth roughly $23.65 million.
DZ Bank upgraded its Coca-Cola Co [KO] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Jefferies’s analysts, who increased its forecast for the stock in late January from “a Hold” to “a Buy”. Piper Sandler also remained covering KO and reiterated its “an Overweight” recommendation on January 23, 2025. TD Cowen revised its rating on January 08, 2025. It rated KO as “a Buy” which previously was an “a Hold”.
Price Performance Review of KO
On Tuesday, Coca-Cola Co [NYSE:KO] saw its stock jump 0.26% to $69.05. Over the last five days, the stock has gained 6.97%. Coca-Cola Co shares have risen nearly 10.91% since the year began. Nevertheless, the stocks have risen 16.46% over the past one year. While a 52-week high of $73.53 was reached on 02/14/25, a 52-week low of $57.93 was recorded on 01/07/25. SMA at 50 days reached $63.17, while 200 days put it at $65.54.
Levels Of Support And Resistance For KO Stock
The 24-hour chart illustrates a support level at 68.52, which if violated will result in even more drops to 68.00. On the upside, there is a resistance level at 69.47. A further resistance level may holdings at 69.90. The Relative Strength Index (RSI) on the 14-day chart is 72.84, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.78, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 12.76%. Stochastics %K at 85.77% indicates the stock is a selling.
The most recent change occurred on January 07, 2025 when Piper Sandler began covering the stock and recommended ‘”an Overweight”‘ rating along with a $74 price target.
