U.S. approves sale of 70,000 AI chips to UAE and Saudi Arabia, WSJ reports
Coca-Cola Co (NYSE:KO) Executive Vice President and Chief Operating Officer Henrique Braun sold 40,390 shares of company stock on November 11, 2025, for approximately $2.86 million. The sales were executed at prices ranging from $70.90 to $70.95.
On the same day, Braun also exercised options to acquire 50,545 shares of Coca-Cola common stock at a price of $43.515 per share, for a total value of $2,199,465.
Following these transactions, Braun directly owns 62,621 shares of Coca-Cola stock. Additionally, Braun indirectly owns 13,306 shares through a 401(k) plan and 8,812 hypothetical shares through a supplemental 401(k) plan.
In other recent news, Coca-Cola reported a strong performance in its third-quarter results, with organic revenue growth of 6% year-over-year. This exceeded analyst expectations, including those from Goldman Sachs, which had estimated a growth of 4.7%. Coca-Cola’s earnings per share reached $0.82, surpassing the consensus estimates of $0.76 to $0.78. Following these results, several firms have adjusted their price targets for Coca-Cola. BofA Securities raised its target to $80, maintaining a Buy rating, while Piper Sandler increased its target to $81, citing potential margin improvements by 2026. TD Cowen also raised its price target to $80, highlighting the company’s strong volume performance. Additionally, Goldman Sachs adjusted its price target to $72 following the earnings beat, maintaining a Neutral rating. Meanwhile, Centurium Capital, backer of Luckin Coffee, is considering a bid for Costa Coffee, which is currently being sold by Coca-Cola.
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