Coca-Cola Falls as Fairlife Cyberattack Raises Near-Term Supply Concerns

The Coca-Cola Company (KO) is down 3.9% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver is a newly disclosed ransomware-related disruption at fairlife, Coca-Cola’s dairy unit, which temporarily halted U.S. production. The selloff likely reflects concern that a stoppage at an important growth brand could pressure near-term sales and add uncertainty just ahead of the company’s July 28 earnings report.

Details:

Coca-Cola disclosed on July 16 that fairlife identified unauthorized third-party access to part of its systems, including production-related systems, in connection with a ransomware event.

The company said fairlife production operations in the United States were temporarily suspended, while Canada production was not currently affected.

Coca-Cola said it activated incident-response and business-continuity protocols, notified law enforcement, and is working to restore impacted systems and operations.

Investors may be especially sensitive because fairlife has been one of Coca-Cola’s stronger growth areas in North America, and the company recently announced additional investment to expand fairlife production capacity in Michigan.

Sources:

fairlife, The Coca-Cola Company, AP

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$KO Insider Trading Activity

$KO insiders have traded $KO stock on the open market 23 times in the past 6 months. Of those trades, 0 have been purchases and 23 have been sales.

Here’s a breakdown of recent trading of $KO stock by insiders over the last 6 months:

JAMES QUINCEY (Chairman) has made 0 purchases and 5 sales selling 1,032,808 shares for an estimated $81,484,385.
JENNIFER K MANN (Executive Vice President) has made 0 purchases and 8 sales selling 323,984 shares for an estimated $25,967,089.
JOHN MURPHY (President and CFO) has made 0 purchases and 2 sales selling 171,886 shares for an estimated $13,830,468.
BEATRIZ R PEREZ (Executive Vice President) has made 0 purchases and 3 sales selling 57,652 shares for an estimated $4,658,480.
NANCY QUAN (Executive Vice President) has made 0 purchases and 2 sales selling 55,181 shares for an estimated $4,432,265.
MONICA HOWARD DOUGLAS (Executive Vice President) has made 0 purchases and 2 sales selling 43,880 shares for an estimated $3,450,896.
BRUNO PIETRACCI sold 28,765 shares for an estimated $2,284,317

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$KO Hedge Fund Activity

We have seen 1,478 institutional investors add shares of $KO stock to their portfolio, and 1,400 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

BLACKROCK, INC. added 14,918,317 shares (+4.7%) to their portfolio in Q1 2026, for an estimated $1,128,048,539
CAPITAL RESEARCH GLOBAL INVESTORS added 13,522,788 shares (+84.8%) to their portfolio in Q1 2026, for an estimated $1,022,525,614
CAPITAL INTERNATIONAL INVESTORS removed 6,147,218 shares (-25.9%) from their portfolio in Q1 2026, for an estimated $464,821,889
MARSHALL WACE, LLP removed 5,046,968 shares (-47.4%) from their portfolio in Q1 2026, for an estimated $381,626,485
NUVEEN, LLC added 4,846,791 shares (+25.4%) to their portfolio in Q1 2026, for an estimated $366,490,101
CHARLES SCHWAB INVESTMENT MANAGEMENT INC added 4,835,157 shares (+6.8%) to their portfolio in Q1 2026, for an estimated $365,610,396
UBS GROUP AG added 4,551,085 shares (+18.6%) to their portfolio in Q1 2026, for an estimated $344,130,292

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$KO Government Contracts

We have seen $1,268,311 of award payments to $KO over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

4569356725!POWERADE MTN BLAST, 2.5 GL BIB, SODA: $10,026
4570777327!PWRADE MT BLAST, 5 GL BIB, SODA: $7,800

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.

$KO Congressional Stock Trading

Members of Congress have traded $KO stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $KO stock by members of Congress over the last 6 months:

REPRESENTATIVE LLOYD DOGGETT purchased up to $15,000 on 04/01.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$KO Analyst Ratings

Wall Street analysts have issued reports on $KO in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Barclays issued a "Overweight" rating on 04/30/2026
JP Morgan issued a "Overweight" rating on 04/29/2026
Evercore ISI Group issued a "Outperform" rating on 02/11/2026

To track analyst ratings and price targets for $KO, check out Quiver Quantitative's $KO forecast page.

$KO Price Targets

Multiple analysts have issued price targets for $KO recently. We have seen 11 analysts offer price targets for $KO in the last 6 months, with a median target of $89.0.

Here are some recent targets:

Cristian Rios from Bernstein set a target price of $84.0 on 06/12/2026
Lauren Lieberman from Barclays set a target price of $89.0 on 05/21/2026
Chris Carey from Wells Fargo set a target price of $90.0 on 05/18/2026
Filippo Falorni from Citigroup set a target price of $91.0 on 05/18/2026
Robert Ottenstein from Evercore ISI Group set a target price of $88.0 on 04/29/2026
Robert Moskow from TD Cowen set a target price of $90.0 on 04/29/2026
Andrea Teixeira from JP Morgan set a target price of $85.0 on 04/29/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.