Coca-Cola HBC AG (LON:CCH) Insider Purchases £4,655,622.60 in Stock

Coca-Cola HBC AG (LON:CCH) insider Zoran Bogdanovic acquired 165,093 shares of Coca-Cola HBC stock in a transaction that occurred on Tuesday, September 17th. The shares were purchased at an average price of GBX 2,820 ($37.25) per share, for a total transaction of £4,655,622.60 ($6,150,095.90).

Zoran Bogdanovic also recently made the following trade(s):

• On Friday, August 30th, Zoran Bogdanovic sold 15,000 shares of Coca-Cola HBC stock. The shares were sold at an average price of GBX 2,820 ($37.25), for a total value of £423,000 ($558,784.68).
• On Friday, August 16th, Zoran Bogdanovic bought 169 shares of Coca-Cola HBC stock. The stock was bought at an average price of GBX 2,755 ($36.39) per share, for a total transaction of £4,655.95 ($6,150.53).
• On Wednesday, July 17th, Zoran Bogdanovic bought 170 shares of Coca-Cola HBC stock. The stock was bought at an average price of GBX 2,710 ($35.80) per share, for a total transaction of £4,607 ($6,085.87).

Coca-Cola HBC Stock Performance

Shares of CCH traded down GBX 26 ($0.34) during trading hours on Wednesday, reaching GBX 2,772 ($36.62). 803,654 shares of the company’s stock traded hands, compared to its average volume of 1,014,011. The firm has a market capitalization of £10.06 billion, a price-to-earnings ratio of 1,933.79, a P/E/G ratio of 1.40 and a beta of 0.94. The company has a debt-to-equity ratio of 135.02, a current ratio of 1.14 and a quick ratio of 0.80. Coca-Cola HBC AG has a twelve month low of GBX 2,065 ($27.28) and a twelve month high of GBX 2,890 ($38.18). The business’s fifty day simple moving average is GBX 2,756.12 and its two-hundred day simple moving average is GBX 2,645.48.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Citigroup reiterated a “neutral” rating on shares of Coca-Cola HBC in a research note on Thursday, July 4th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 2,950 ($38.97) target price on shares of Coca-Cola HBC in a research note on Thursday, July 4th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of GBX 2,825 ($37.32).

Coca-Cola HBC Company Profile

Coca-Cola HBC AG engages in the production, distribution, and sale of non-alcoholic ready-to-drink beverages under franchise in Switzerland, the United Kingdom, North and Central America, rest of Europe, the Nordic countries, and internationally. The company offers sparkling soft drinks, adult sparkling, hydration drinks, juices, ready-to-drink tea and coffee, sports and energy drinks, dairy, stills, coffee, water, plant-based drinks, premium spirits, and snacks.