Coca-Cola Insider Sells $861,367 Worth of Stock Following Strong Earnings
Coca-Cola insider Sanket Ray sold 9,958 shares of the company's stock on August 10th at an average price of $86.50.
The total transaction value was $861,367.00, which represents a 13.82% decrease in Ray's ownership stake in the company.
This sale comes after Coca-Cola reported strong second-quarter earnings results on July 28th, with revenue growing 6.2% year-over-year and unit case volume increasing 5%. The company also raised its FY2026 EPS guidance to $3.270-3.300, modestly above current consensus estimates.