Wealth Management Firm Takes $413,000 Stake in Coca-Cola Consolidated

49 Wealth Management LLC has taken a significant position in Coca-Cola Consolidated, Inc. (NASDAQ:COKE), acquiring 5,088 shares valued at approximately $413,000 during the second quarter.

This purchase marks one of several institutional investments made by 49 Wealth Management in Coca-Cola Consolidated over the past few months. Other notable investors include Quarry LP and Advisory Services Network LLC, which both acquired new stakes in the company worth around $25,000 each.

Coca-Cola Consolidated's stock has been performing steadily, with a market capitalization of $13.21 billion and a 52-week high of $219.65. The company reported earnings per share (EPS) of $2.83 for the quarter ended August 5th, with revenue reaching $2.05 billion.