U.S. approves sale of 70,000 AI chips to UAE and Saudi Arabia, WSJ reports
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Manuel Arroyo, Executive Vice President of COCA COLA CO (NYSE:KO), sold 139,689 shares of common stock on November 14, 2025. The shares were sold at a weighted average price of $70.8045, for a total transaction value of $9.8 million. The prices for these sales ranged from $70.80 to $70.825. The transaction occurred near Coca-Cola’s current trading price of $71.30, with the stock up nearly 17% year-to-date and showing relatively low price volatility compared to the broader market.
Following the transaction, Arroyo directly owns 58,067 shares of COCA COLA CO. The beverage giant maintains impressive gross profit margins of 61.6% and has raised its dividend for 55 consecutive years, currently offering a yield of 2.87%. InvestingPro analysis indicates the company is trading slightly above its Fair Value with a P/E ratio of 23.56, while maintaining a "GOOD" overall financial health score.
In other recent news, Coca-Cola reported significant developments impacting its business and stock evaluations. The company announced third-quarter organic revenue growth of 6% year-over-year, surpassing Goldman Sachs’ estimate of 4.7% and consensus expectations of 4.3%. Coca-Cola’s earnings per share also increased by 6% year-over-year, reaching $0.82, which exceeded analyst estimates of $0.76 to $0.78. In response to these results, several firms have adjusted their price targets for Coca-Cola. BofA Securities raised its price target to $80 from $78, maintaining a Buy rating, while TD Cowen increased its target to $80 from $75, also with a Buy rating. Piper Sandler adjusted its target to $81 from $80, citing potential margin improvements due to productivity savings and restructuring efforts. Additionally, Goldman Sachs raised its target to $72, maintaining a Neutral rating after Coca-Cola’s earnings beat. Meanwhile, Centurium Capital, backed by Luckin Coffee, is reportedly considering a bid for Costa Coffee, which is currently being sold by Coca-Cola. This potential acquisition is still in the evaluation stage, with the exact structure of the proposal yet to be finalized.
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