Insider Buying: Coca-Cola HBC (LON:CCH) Insider Purchases 119,532 Shares of Stock

Coca-Cola HBC AG (LON:CCH) insider Zoran Bogdanovic acquired 119,532 shares of Coca-Cola HBC stock in a transaction that occurred on Tuesday, March 17th. The stock was acquired at an average cost of GBX 4,557 per share, for a total transaction of £5,447,073.24.

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

• On Tuesday, February 17th, Zoran Bogdanovic bought 115,883 shares of Coca-Cola HBC stock. The shares were acquired at an average cost of GBX 4,751 per share, with a total value of £5,505,601.33.
• On Friday, February 13th, Zoran Bogdanovic sold 30,000 shares of Coca-Cola HBC stock. The stock was sold at an average price of GBX 4,694, for a total transaction of £1,408,200.
• On Friday, January 16th, Zoran Bogdanovic purchased 136 shares of Coca-Cola HBC stock. The stock was bought at an average price of GBX 3,953 per share, for a total transaction of £5,376.08.
• On Wednesday, December 31st, Zoran Bogdanovic sold 1,009 shares of Coca-Cola HBC stock. The shares were sold at an average price of GBX 3,857, for a total transaction of £38,917.13.

Coca-Cola HBC Price Performance

Shares of Coca-Cola HBC stock traded down GBX 78.56 during midday trading on Wednesday, hitting GBX 4,459.44. 725,424 shares of the company traded hands, compared to its average volume of 3,107,284. The firm’s fifty day moving average price is GBX 4,321.38 and its 200-day moving average price is GBX 3,870.48. The stock has a market cap of £16.21 billion, a price-to-earnings ratio of 17.77, a PEG ratio of 1.03 and a beta of 0.52. Coca-Cola HBC AG has a 12 month low of GBX 3,270 and a 12 month high of GBX 4,890. The company has a debt-to-equity ratio of 107.40, a quick ratio of 0.80 and a current ratio of 1.19.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on CCH. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Coca-Cola HBC from GBX 4,485 to GBX 4,470 and set a “buy” rating for the company in a report on Friday, November 28th. JPMorgan Chase & Co. restated an “overweight” rating on shares of Coca-Cola HBC in a research report on Friday, January 9th. Finally, Jefferies Financial Group upped their target price on Coca-Cola HBC from GBX 4,400 to GBX 4,600 and gave the stock a “buy” rating in a report on Wednesday, February 4th. Four investment analysts have rated the stock with a Buy rating, According to MarketBeat, Coca-Cola HBC currently has an average rating of “Buy” and an average price target of GBX 4,197.

Coca-Cola HBC Company Profile

Coca-Cola HBC is a growth-focused consumer packaged goods business and strategic bottling partner of The Coca-Cola Company. We open up moments that refresh us all, by creating value for our stakeholders and supporting the socio-economic development of the communities in which we operate. With a vision to be the leading 24/7 beverage partner, we offer drinks for all occasions around the clock and work together with our customers to serve 750 million consumers across a broad geographic footprint of 29 countries.