New York, Feb 4, 2026, 14:27 EST — Regular session
- Coca-Cola shares rose roughly 1.4% in afternoon trading, pushing their winning streak into its several days.
- SEC filing reveals CEO James Quincey intends to sell shares through a pre-arranged trading plan
- The upcoming catalyst for investors is the Feb. 10 earnings release and 2026 forecast
Coca-Cola shares climbed roughly 1.4% to $77.98 in afternoon trading Wednesday, gaining ground despite news of a planned insider sale.
The stock remains close to this week’s highs, with traders now focused on the company’s upcoming quarterly report. For a lot of investors, today’s trading takes a backseat to what management reveals next Tuesday.
Consumer staples held firm even as growth stocks took a hit. The SPDR S&P 500 ETF dropped roughly 0.8%, and the Invesco QQQ Trust slid over 2%, while the Consumer Staples Select Sector SPDR Fund climbed around 1.3%.
A Form 144 filing dated Feb. 3 reveals CEO James Quincey intends to sell 337,824 shares of Coca-Cola, valued at roughly $25.4 million based on recent prices, through Morgan Stanley Smith Barney. The filing also references a Rule 10b5-1 plan set up in February 2025, which allows for pre-scheduled sales. (The Coca-Cola Company)
Coca-Cola closed Tuesday at $76.89, marking a 2.1% rise, its fourth consecutive gain and a fresh 52-week closing high, according to MarketWatch data. PepsiCo surged nearly 5% in the same session. Starbucks and Mondelez also posted gains, even as the broader market slipped. (MarketWatch)
UBS maintained its Buy rating on Coca-Cola, setting a price target at $82. The firm expects the company to deliver “another quarter of +MSD organic growth” — that’s mid-single digits — when it reports next week. UBS analyst Peter Grom noted that “organic” growth excludes currency fluctuations and acquisitions. He added that early guidance could signal “another on-algorithm year ahead,” aligning with Coca-Cola’s longer-term targets, according to a report from Investing.com South Africa.
The lead-up to the report follows a familiar pattern: investors will dissect how much of Coca-Cola’s growth stems from price hikes, and if volumes can stay steady as consumers cut back on discretionary buys. Changes in promotional tactics or input costs will quickly come under scrutiny.
Next week’s update comes amid a planned leadership change. Chief Operating Officer Henrique Braun is set to take over as CEO on March 31, with James Quincey shifting to executive chairman, the company announced in December. Braun said he plans to focus on “continuing the momentum we’ve built” with Coca-Cola’s bottlers. (The Coca-Cola Company)
That run tightens the margin for unexpected turns. A weaker forecast, a dip in volume, or hints that investors are hesitant about the stock’s price might halt the rally — and insider selling, even if planned in advance, can still cast a shadow.
Coca-Cola will release its fourth-quarter 2025 earnings and hold a call at 8:30 a.m. ET on Feb. 10, according to its investor calendar. The company is also set to present at the CAGNY conference on Feb. 17. Traders are focused on these two dates as the next key events for KO. (The Coca-Cola Company)
