Sandro Wealth Invests $490,000 in Coca-Cola Consolidated
Sandro Wealth Management LLC has invested $490,000 in Coca-Cola Consolidated, Inc. (NASDAQ:COKE) by purchasing 6,025 shares during the second quarter. This investment is part of a series of transactions made by Sandro Wealth Management, which has been adding to its position in COKE over the past few quarters.
According to publicly available records, State Street Corp also increased its stake in Coca-Cola Consolidated by 836.9% during the second quarter, bringing its total shares held to approximately 1,729,065. Norges Bank acquired a new stake valued at about $222,408,000 in the fourth quarter.
Coca-Cola Consolidated has been experiencing fluctuations in its stock price recently, with shares opening at $189.11 on Friday and having a market capitalization of $12.59 billion. The company's 50-day simple moving average is $184.81, while its 200-day simple moving average is $184.46.