U.S. approves sale of 70,000 AI chips to UAE and Saudi Arabia, WSJ reports
Nancy Quan, Executive Vice President at Coca-Cola (NYSE:KO), sold 31,625 shares of company stock on November 17, 2025, for approximately $2.25 million. The shares were sold at prices ranging from $71.155 to $71.19.
On the same day, Quan also exercised options to acquire 31,625 shares of Coca-Cola common stock at a price of $43.435, for a total value of $1373631.
Following these transactions, Quan directly owns 223,330 shares of Coca-Cola stock. Quan also indirectly owns 5,645 shares through The Coca-Cola Company 401(k) Plan and 11,194 hypothetical shares through a supplemental 401(k) plan.
In other recent news, Coca-Cola has reported a strong performance in its third-quarter earnings, with organic revenue growing by 6% year-over-year. This growth surpassed both Goldman Sachs’ estimate of 4.7% and consensus expectations of 4.3%. The company’s earnings per share reached $0.82, a 6% increase from the previous year, exceeding analyst estimates of $0.76 to $0.78. In related developments, Centurium Capital, the private equity firm backing Luckin Coffee, is considering a bid for Costa Coffee, which Coca-Cola is currently selling. The details of the potential offer are still being evaluated. Additionally, several analysts have adjusted their price targets for Coca-Cola. BofA Securities raised its target to $80, while Piper Sandler increased it to $81, citing potential margin improvements. TD Cowen also raised its target to $80, highlighting the company’s strong sales and earnings performance.
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