The CEO of Coca-Cola bought a huge chunk of stock. Should we?
One of Coca-Cola's executives recently bought a large block of KO stock on the open market. These insider purchases can provide valuable trading signals. Insiders sell company stock for many reasons. But they buy stock for only one reason - they expect it to grow.
Coca-Cola CEO Purchases
Data shows that on Oct. 28, board member Herb Allen bought 33,200 shares of Coca-Cola $KO for his company, Allen & Company, at a price of $60.18 per share. The deal cost him about $2.0 million and brought his total direct and indirect holdings to 261,664 shares.
Allen has served as President of Allen & Company, a New York-based private investment banking firm, since 2002. Prior to Allen & Company, he held positions at T. Rowe Price and Botts & Co. Ltd. What stands out here is that this deal boosted Allen & Company's stake in Coca-Cola by approximately 50%. This suggests that Allen is quite confident that the stock will go up.
Increased full-year outlook
Coca-Cola recently posted solid…
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With concerns about the state of the economy on the rise, more layoffs may be on the way. Despite this, private employment surged more than expected in December 2022, with ADP reporting that 235,000 jobs had been added to the United States economy.3
CFP National Championship 2023 Live: The TCU Horned Frogs will try to dethrone the No. 1-ranked Georgia Bulldogs in the 2023 College Football Playoff National Championship Game at SoFi Stadium on Monday night.
🆆🅰🆃🅲🅷🔴▶️ https://livevstream.org/cfpfinal
College Football Playoff National Championship info
Date: January 9, 2023Kick-off time: 8:00 p.m. ETTV channel: ESPN
In Texas, sports betting isn’t legal but that doesn’t mean residents have to miss out on the biggest college football game of the year. The top online sportsbooks are welcoming residents from Texas with free bets and up to $2,750 in free bonus cash for Georgia vs TCU.
As 13.5-point underdogs, the Horned Frogs own +395 odds to win the 2023 National Championship, giving football fans plenty of incentive to get in on the action.
How To Bet On The 2023 National Championship Game In Texas
The TCU Horned Frogs have a chance to win their first national title since 1938.
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CFP National Championship Game 2023 Odds
Following an exciting start to the College Football Playoffs, Georgia and TCU will meet in the 2023 National Championship Game on Monday night.
After an exciting 42-41 comeback win in the semifinal versus Ohio State, Kirby Smart has Georgia on the brink of another national title. The Bulldogs are trying to become the first back-to-back national champions since 2012 and will be favored to win by 13.5 points against a seemingly overmatched TCU team.
On the other hand, the Horned Frogs stunned No. 2-ranked Michigan to win the Fiesta Bowl to make their first national championship appearance since 1938. Projected to lose by nearly two touchdowns, TCU will be a +395 underdog to win the 2023 CFP National Championship Game.
For a complete breakdown of the 2023 College Football Playoff National Championship odds, check out the betting lines for Georgia vs TCU from BetOnline below.