Coca-Cola Sees Institutional Ownership Decline Amid Insider Sales
Coca-Cola Company (KO) has been a notable holding for Andra AP fonden, with the firm decreasing its position in shares by 7.5% during the second quarter.
The company, which comprises about 0.6% of Andra AP fonden's holdings, now owns 618,584 shares worth $50,272,000 at the end of the most recent reporting period.
In other news, insiders have been selling Coca-Cola stock in large quantities, with CFO John Murphy and insider Sanket Ray both offloading significant amounts of shares in August.