InsurTech Lemonade secures $300m in latest funding round

InsurTech start-up Lemonade has announced the signing of a $300 million Series D funding round led by SoftBank Group, with participation from …

InsurTech start-up Lemonade has announced the signing of a $300 million Series D funding round led by SoftBank Group, with participation from Allianz, General Catalyst, GV, OurCrowd, and Thrive Capital.

LemonadeLemonade is one of the most high-profile companies to emerge from the insurance technology wave with aims to digitising the entire insurance process; the company claims to collect 100 times more data than traditional carriers.

Lemonade says it plans to use the funds to accelerate its US and European expansion in 2019, and explore new product lines.

“In less than three years, Lemonade has expanded across the US, given back to dozens of charities chosen by our community, and fundamentally changed how a new generation of consumers interacts with insurance,” said Daniel Schreiber, Chief Executive Officer and cofounder, Lemonade.

“Looking forward, we aspire to create the 21st century incarnation of the successful insurance company: a loved global brand that can endure for generations; an organization built on a digital substrate, enabling ever faster and more efficient operations, and ever more delighted consumers.”

This significant funding round comes off the back of an active year for InsurTech investment. Analysts at Deutsche Bank found recently that volumes had increased by more than 60% between 2017 and 2018.

Data also showed that InsurTech investments (across all stages) totalled $2.6 billion during the first three quarters of 2018, compared with $1.6 billion for the same period in the previous year.

Concurrently, recent analysis by two industry executives highlighted that, despite recording robust premium growth in 2018, generating a sustainable loss ratio below 100% remained a challenge for InsurTechs.

This transaction is subject to customary closing conditions including regulatory approvals and targeted to close in Q2 2019.

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Uber Board Seats for SoftBank Imperiled by US National Security Review

When SoftBank Group arranged a $9 billion (roughly Rs. 62,000 crores) purchase of Uber Technologies stock in late 2017, the company negotiated …

When SoftBank Group arranged a $9 billion (roughly Rs. 62,000 crores) purchase of Uber Technologies stock in late 2017, the company negotiated for two seats on the board. Since then, foreign investment in the US has come under heightened scrutiny. Those spots were never filled, and there’s a good chance they never will be.

The Japanese technology conglomerate will lose its claim to those board positions when Uber goes public, people familiar with the matter said. At that time, the company’s bylaws will change, erasing old agreements like the one it had with SoftBank.

The reason for the holdup: SoftBank has yet to secure approval from officials who review deals between American companies and foreign investors. Although the massive investment in Uber was completed and the money was wired more than a year ago, SoftBank spent most of last year sorting through its own accounting and investor approvals of the investment, a person familiar with the process said.

SoftBank didn’t initiate the US review process for the board seats until late last year and still hasn’t formally filed with the Committee on Foreign Investment in the US, the inter-agency panel known as Cfius that reviews corporate deals for national security risks, the person said.

The initial public offering, which seemed like a faraway prospect when the deal was made, is fast approaching. Uber will file a public prospectus as soon as Thursday and start its IPO road show later this month, said people familiar with the plans, who asked not to be identified because the information are private. It’s seeking to raise about $10 billion (roughly Rs. 70,000 crores) and would begin trading next month.

With the board seats in jeopardy, SoftBank would lose its ability to influence the direction of the world’s largest ride-hailing operator. The episode highlights the uncertainties for overseas investors doing business in the era of President Donald Trump. The status of SoftBank’s Cfius submission and the potential for the firm to lose its claim to the Uber board haven’t been previously reported. Spokesmen for SoftBank and Uber declined to comment. Cfius doesn’t comment on its reviews.

Cfius is a powerful and secretive body run by the Treasury Department. It gained expanded authority last year and pays particular attention to deals involving technology companies and those that control data on US citizens. Cfius can impose conditions on a deal or recommend to the president that a transaction be blocked. Often, companies unable to address the committee’s concerns abandon their acquisitions rather than go to the White House.

The panel played a key role in Trump’s decision last year to terminate what would have been the largest technology deal in history, the takeover of San Diego’s Qualcomm by Singapore’s Broadcom Ltd. In a smaller instance reported recently, Cfius told the Chinese owner of Grindr, a gay dating app based in California, that the relationship is a national security risk. The parent company is now looking for a buyer, according to Reuters. The committee also voiced concerns about Chinese ties to a social network that connects people with similar health conditions, and the owner is holding a “fire sale” of the assets, CNBC reported.

SoftBank is no stranger to the Cfius process. It won approval from the panel to buy Sprint and UK chip designer ARM Holdings. But the committee put conditions on its ownership of Sprint and restricted control of Fortress Investment Group when SoftBank bought the alternative-asset manager.

In the case of Uber, SoftBank needed to get approvals from its own investors first. The company took ownership of its sizable Uber stake in January 2018. Then it underwent a process to transfer the shares from SoftBank’s corporate portfolio to the $100 billion tech fund it manages, called the Vision Fund. That wasn’t completed until late last year and was the primary reason for postponing a Cfius submission, a person familiar with the matter said.

The biggest backers of the Vision Fund are based outside the US, including those associated with the governments of Abu Dhabi and Saudi Arabia, as well as Foxconn Technology Group, the Taiwanese assembler of iPhones. SoftBank and its affiliated entities now own roughly 15 percent of Uber, making them the largest shareholder.

Even without SoftBank, Uber has a crowded board. There are currently a dozen directors, with several other seats yet to be filled. In an interview Tuesday on Bloomberg TV, SoftBank Chief Operating Officer Marcelo Claure said there’s “no hurry” for the company to take a place on the Uber board. “They already have quite a sizable board,” he said.

Directors could elect a SoftBank representative after the company goes public, but the nomination at that point would be subject to shareholder approval. Dara Khosrowshahi, Uber’s chief executive officer, has privately expressed other priorities. According to a person familiar with internal discussions, the CEO has said he wants to bring on more independent directors who aren’t executives or major shareholders.

© 2019 Bloomberg LP

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BlackRock Inc. Acquires Shares of 420568 Elastic NV (ESTC)

BlackRock Inc. acquired a new stake in Elastic NV (NYSE:ESTC) during the 4th quarter, according to its most recent Form 13F filing with the Securities …

Elastic logoBlackRock Inc. acquired a new stake in Elastic NV (NYSE:ESTC) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 420,568 shares of the company’s stock, valued at approximately $30,062,000. BlackRock Inc. owned 0.59% of Elastic at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Focused Wealth Management Inc acquired a new stake in shares of Elastic in the fourth quarter worth approximately $32,000. Victory Capital Management Inc. acquired a new stake in shares of Elastic in the fourth quarter worth approximately $42,000. PNC Financial Services Group Inc. acquired a new stake in shares of Elastic in the fourth quarter worth approximately $100,000. Rhumbline Advisers acquired a new stake in shares of Elastic in the fourth quarter worth approximately $470,000. Finally, Toronto Dominion Bank acquired a new stake in shares of Elastic in the fourth quarter worth approximately $1,509,000. 37.50% of the stock is currently owned by institutional investors.

In other Elastic news, CRO Aaron Katz sold 15,000 shares of Elastic stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of $82.76, for a total value of $1,241,400.00. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, major shareholder Benchmark Capital Management C sold 111,689 shares of Elastic stock in a transaction on Thursday, March 21st. The shares were sold at an average price of $89.06, for a total value of $9,947,022.34. The disclosure for this sale can be found here. In the last quarter, insiders have sold 1,881,322 shares of company stock worth $156,132,760. 51.80% of the stock is currently owned by company insiders.

Shares of Elastic stock opened at $82.86 on Thursday. Elastic NV has a one year low of $58.55 and a one year high of $100.43.

Elastic (NYSE:ESTC) last announced its quarterly earnings data on Wednesday, February 27th. The company reported ($0.29) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.37) by $0.08. The company had revenue of $70.80 million for the quarter, compared to analysts’ expectations of $65.77 million. The company’s revenue for the quarter was up 69.8% compared to the same quarter last year. On average, equities research analysts anticipate that Elastic NV will post -1.78 earnings per share for the current year.

A number of brokerages have recently issued reports on ESTC. Goldman Sachs Group lowered Elastic from a “buy” rating to a “neutral” rating and lifted their price target for the stock from $78.00 to $90.00 in a research note on Thursday, February 7th. Royal Bank of Canada lowered Elastic from an “outperform” rating to a “sector perform” rating in a research note on Thursday, February 7th. Monness Crespi & Hardt reaffirmed a “buy” rating and issued a $120.00 price target (up from $100.00) on shares of Elastic in a research note on Thursday, February 28th. Citigroup lifted their price target on Elastic from $82.00 to $97.00 and gave the stock a “neutral” rating in a research note on Friday, March 1st. Finally, Barclays reaffirmed a “buy” rating and issued a $107.00 price target on shares of Elastic in a research note on Friday, March 1st. Seven investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The company has an average rating of “Hold” and an average target price of $90.27.

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About Elastic

Elastic N.V. develops and delivers technology that enables users to search structured and unstructured data for a range of consumer and enterprise applications. It primarily provides Elastic Stack, a set of software products that ingest and store data from various sources and formats, as well as performs search, analysis, and visualization.

See Also: Conference Calls

Want to see what other hedge funds are holding ESTC?Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Elastic NV (NYSE:ESTC).

Institutional Ownership by Quarter for Elastic (NYSE:ESTC)

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National Cinemedia (NCMI) Holder Renaissance Technologies Raised Holding; As Santander …

Renaissance Technologies Llc increased its stake in National Cinemedia Inc (NCMI) by 75.09% based on its latest 2018Q4 regulatory filing with the …

National CineMedia, Inc. (NASDAQ:NCMI) Logo

Continental Advisors Llc decreased its stake in Santander Consumer Usa Hdg I (Call) (SC) by 85.73% based on its latest 2018Q4 regulatory filing with the SEC. Continental Advisors Llc sold 300,381 shares as the company’s stock rose 5.76% with the market. The hedge fund held 50,000 shares of the consumer services company at the end of 2018Q4, valued at $880,000, down from 350,381 at the end of the previous reported quarter. Continental Advisors Llc who had been investing in Santander Consumer Usa Hdg I (Call) for a number of months, seems to be less bullish one the $7.76 billion market cap company. The stock increased 0.91% or $0.2 during the last trading session, reaching $22.07. About 574,058 shares traded. Santander Consumer USA Holdings Inc. (NYSE:SC) has risen 29.78% since April 11, 2018 and is uptrending. It has outperformed by 25.41% the S&P500. Some Historical SC News: 26/04/2018 – SANTANDER CONSUMER USA HOLDINGS INC SC.N : CITIGROUP RAISES TARGET PRICE TO $20 FROM $19; 22/05/2018 – Mahesh Aditya Named Chief Risk Officer of Santander Holdings USA, Inc; 02/05/2018 – SANTANDER CONSUMER BANK ISSUES SEK500M 4-YEAR SR UNSECURED FRN; 06/04/2018 – FITCH UPGRADES 8 TRANCHES OF SANTANDER CONSUMER SPAIN AUTO; 24/04/2018 – Santander Consumer USA Declares Dividend of 5c; 30/05/2018 – Am Banker [Reg]: Look out Ally, Santander Consumer: Here comes Fiat Chrysler; 24/04/2018 – Correct: Fitch Upgrades 8 Tranches of Santander Consumer Spain Auto Series; Affirms 2; 25/04/2018 – Fitch Affirms Santander Consumer Bank AS at ‘A-‘; Outlook Stable; 30/05/2018 – Santander Consumer USA (SC) Weakness Said Tied to Earlier Rumors Related to Fiat (FCAU); 30/03/2018 – Santander Consumer USA’s Redesigned Website Features New Customer Tools And Enhanced Functionality

Renaissance Technologies Llc increased its stake in National Cinemedia Inc (NCMI) by 75.09% based on its latest 2018Q4 regulatory filing with the SEC. Renaissance Technologies Llc bought 378,610 shares as the company’s stock rose 4.93% with the market. The hedge fund held 882,846 shares of the consumer services company at the end of 2018Q4, valued at $5.72M, up from 504,236 at the end of the previous reported quarter. Renaissance Technologies Llc who had been investing in National Cinemedia Inc for a number of months, seems to be bullish on the $1.21B market cap company. The stock increased 3.41% or $0.25 during the last trading session, reaching $7.59. About 223,620 shares traded. National CineMedia, Inc. (NASDAQ:NCMI) has risen 2.27% since April 11, 2018 and is uptrending. It has underperformed by 2.10% the S&P500. Some Historical NCMI News: 02/05/2018 – Global X Company Buys New 3.1% Position in National CineMedia; 12/03/2018 – NATIONAL CINEMEDIA INC NCMI.O SEES FY 2018 REVENUE $425 MLN TO $445 MLN; 12/03/2018 – National CineMedia Sees 2018 Adj OIBDA Down 2.5% to Up 4.8%; 21/04/2018 – DJ National CineMedia Inc, Inst Holders, 1Q 2018 (NCMI); 12/03/2018 – NATIONAL CINEMEDIA INC – FOR FY 2018, CO EXPECTS TOTAL REVENUE TO BE FLAT TO UP 4.5% AND ADJUSTED OIBDA TO BE DOWN 2.5% TO UP 4.8% FROM FY 2017; 26/03/2018 – Cinemark Holdings Reports 27% Stake in National CineMedia, Inc; 14/03/2018 – National CineMedia, Inc. Appoints Mark Segall and Renana Teperberg To Its Board of Directors; 07/05/2018 – National CineMedia Reaffirms 2018 Outlook; 07/05/2018 – NATIONAL CINEMEDIA INC NCMI.O FY2018 SHR VIEW $0.32, REV VIEW $433.4 MLN — THOMSON REUTERS l/B/E/S; 07/05/2018 – National CineMedia 1Q Loss/Shr 3c

Continental Advisors Llc, which manages about $318.00M and $327.44M US Long portfolio, upped its stake in Credit Suisse Group (NYSE:CS) by 45,700 shares to 435,700 shares, valued at $4.73M in 2018Q4, according to the filing. It also increased its holding in Gilead Sciences Inc (NASDAQ:GILD) by 37,700 shares in the quarter, for a total of 57,700 shares, and has risen its stake in Davita Inc (Call) (NYSE:DVA).

More notable recent Santander Consumer USA Holdings Inc. (NYSE:SC) news were published by: Seekingalpha.com which released: “Santander Consumer USA Holdings Inc 2018 Q4 – Results – Earnings Call Slides – Seeking Alpha” on January 30, 2019, also Bizjournals.com with their article: “North Texas auto lenders shrug off trade spats to boost profits, but wary of downturn – Dallas Business Journal” published on October 31, 2018, Globenewswire.com published: “Carolina Alliance Bank joins Park National organization – GlobeNewswire” on April 01, 2019. More interesting news about Santander Consumer USA Holdings Inc. (NYSE:SC) were released by: Benzinga.com and their article: “Earnings Scheduled For January 30, 2019 – Benzinga” published on January 30, 2019 as well as Bizjournals.com‘s news article titled: “GM Financial CEO isn’t sweating Fed hikes in 2019 – Dallas Business Journal” with publication date: December 18, 2018.

Analysts await Santander Consumer USA Holdings Inc. (NYSE:SC) to report earnings on April, 23. They expect $0.67 EPS, 0.00% or $0.00 from last year’s $0.67 per share. SC’s profit will be $235.43 million for 8.24 P/E if the $0.67 EPS becomes a reality. After $0.29 actual EPS reported by Santander Consumer USA Holdings Inc. for the previous quarter, Wall Street now forecasts 131.03% EPS growth.

Investors sentiment decreased to 0.69 in Q4 2018. Its down 0.49, from 1.18 in 2018Q3. It is negative, as 34 investors sold SC shares while 72 reduced holdings. 24 funds opened positions while 49 raised stakes. 110.70 million shares or 0.23% more from 110.44 million shares in 2018Q3 were reported. Amer Int Grp stated it has 0% in Santander Consumer USA Holdings Inc. (NYSE:SC). Tcw Gp accumulated 113,287 shares. Proxima Cap Management Lc reported 305,000 shares. Cubist Systematic Strategies Ltd Liability reported 508 shares. 496,730 were reported by Legal & General Grp Incorporated Plc. Paragon Cap Mgmt Ltd has 0.13% invested in Santander Consumer USA Holdings Inc. (NYSE:SC). Moreover, Chicago Equity Lc has 0.62% invested in Santander Consumer USA Holdings Inc. (NYSE:SC). D E Shaw And Company Incorporated has invested 0.01% in Santander Consumer USA Holdings Inc. (NYSE:SC). Macquarie Group holds 0% or 88,500 shares in its portfolio. Ws Management Lllp invested in 1.36% or 1.58 million shares. Continental Advsrs Ltd Liability reported 1.88% in Santander Consumer USA Holdings Inc. (NYSE:SC). Credit Suisse Ag holds 48,791 shares or 0% of its portfolio. Assetmark Incorporated invested in 17,254 shares or 0% of the stock. Fmr Lc has invested 0.03% in Santander Consumer USA Holdings Inc. (NYSE:SC). Hotchkis Wiley Management Ltd Llc holds 967,300 shares or 0.08% of its portfolio.

More notable recent National CineMedia, Inc. (NASDAQ:NCMI) news were published by: Seekingalpha.com which released: “NCMI, Standard General in deal to add board member – Seeking Alpha” on June 01, 2018, also Fool.com with their article: “A Reduced Payout Could Be Coming for These High-Yield Dividend Stocks – The Motley Fool” published on January 31, 2019, Benzinga.com published: “71 Biggest Movers From Friday – Benzinga” on February 25, 2019. More interesting news about National CineMedia, Inc. (NASDAQ:NCMI) were released by: Seekingalpha.com and their article: “National CineMedia, Inc. (NCMI) CEO Andrew England on Q2 2018 Results – Earnings Call Transcript – Seeking Alpha” published on August 06, 2018 as well as Investorplace.com‘s news article titled: “Ulta Beauty Stock Still Has Much More Muscle to Flex – Investorplace.com” with publication date: August 23, 2018.

Renaissance Technologies Llc, which manages about $63.99 billion and $91.33 billion US Long portfolio, decreased its stake in Sparton Corp (NYSE:SPA) by 95,700 shares to 513,235 shares, valued at $9.34 million in 2018Q4, according to the filing. It also reduced its holding in Heartland Finl Usa Inc (NASDAQ:HTLF) by 13,200 shares in the quarter, leaving it with 152,900 shares, and cut its stake in Primoris Svcs Corp (NASDAQ:PRIM).

Investors sentiment increased to 1.6 in Q4 2018. Its up 0.23, from 1.37 in 2018Q3. It is positive, as 17 investors sold NCMI shares while 30 reduced holdings. 28 funds opened positions while 47 raised stakes. 66.26 million shares or 1.60% more from 65.22 million shares in 2018Q3 were reported. Captrust Fin Advisors owns 0% invested in National CineMedia, Inc. (NASDAQ:NCMI) for 1,500 shares. Metropolitan Life Ny has 26,523 shares. Geode Mngmt Limited Liability Corporation stated it has 0% in National CineMedia, Inc. (NASDAQ:NCMI). Employees Retirement Sys Of Ohio holds 0.01% of its portfolio in National CineMedia, Inc. (NASDAQ:NCMI) for 192,067 shares. Petrus Trust Lta holds 0.01% in National CineMedia, Inc. (NASDAQ:NCMI) or 10,324 shares. Stone Ridge Asset Mngmt Ltd Liability reported 0.02% in National CineMedia, Inc. (NASDAQ:NCMI). Ny State Common Retirement Fund holds 74,100 shares. Royal National Bank Of Canada has 7,426 shares for 0% of their portfolio. Credit Suisse Ag invested 0% in National CineMedia, Inc. (NASDAQ:NCMI). 31,943 were accumulated by Price T Rowe Md. Grp One Trading Limited Partnership invested in 0% or 32,830 shares. Rhumbline Advisers stated it has 0% of its portfolio in National CineMedia, Inc. (NASDAQ:NCMI). Meeder Asset Mngmt accumulated 6,132 shares. Los Angeles & Equity Rech Incorporated invested in 0.01% or 156,957 shares. Merian Investors (Uk) has 28,640 shares.

Santander Consumer USA Holdings Inc. (NYSE:SC) Institutional Positions Chart

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As Intel (INTC) Shares Rose, Holder Lafayette Investments Boosted Stake; Ko (KO) Share Price …

… Recognizing its Market Leadership at Scale; 12/04/2018 – Intel Capital to Headline 37th Annual Michigan Growth Capital Symposium; 20/03/2018 …

The Coca-Cola Company (NYSE:KO) Logo

Lafayette Investments Inc increased its stake in Intel Corp (INTC) by 12.14% based on its latest 2018Q4 regulatory filing with the SEC. Lafayette Investments Inc bought 6,603 shares as the company’s stock rose 10.40% with the market. The institutional investor held 61,003 shares of the semiconductors company at the end of 2018Q4, valued at $2.86 million, up from 54,400 at the end of the previous reported quarter. Lafayette Investments Inc who had been investing in Intel Corp for a number of months, seems to be bullish on the $250.80B market cap company. The stock increased 0.78% or $0.43 during the last trading session, reaching $55.75. About 12.45M shares traded. Intel Corporation (NASDAQ:INTC) has risen 12.75% since April 11, 2018 and is uptrending. It has outperformed by 8.38% the S&P500. Some Historical INTC News: 09/03/2018 – Intel, Facing Threat, Considers Deals That Could Include Bid for Broadcom — 4th Update; 29/04/2018 – China’s $140 billion push to topple Intel, Samsung and TSMC; 30/05/2018 – Tech Report: Rumor: Core i7-8086K could be a 5-GHz toast to Intel’s 50th year; 10/05/2018 – ♫ Reuters Insider – Iran, Israel exchange fire in direct escalation; 02/04/2018 – DDN Named Datacenter Platform Partner of the Year at Intel Technology Partner Awards, Recognizing its Market Leadership at Scale; 12/04/2018 – Intel Capital to Headline 37th Annual Michigan Growth Capital Symposium; 20/03/2018 – Global Hyperscale Data Centers Markets Report 2018: Major Players are Brocade Communications Systems, DataCore Software, Hitachi Data Systems, Intel, Neustar and Pure Storage – ResearchAndMarkets.com; 08/05/2018 – Intel Exec Says Companies Need to Better Retain Diverse Talent (Video); 13/03/2018 – Senate Intel chairman Burr says expects to back Haspel to head CIA; 11/03/2018 – Hot Hardware: Intel Reportedly Eyes Broadcom Purchase If Hostile Qualcomm Bid Is Successful

Davenport & Company Llc increased its stake in Ko (KO) by 5.8% based on its latest 2018Q4 regulatory filing with the SEC. Davenport & Company Llc bought 17,285 shares as the company’s stock declined 8.17% while stock markets rallied. The institutional investor held 315,397 shares of the beverages (production and distribution) company at the end of 2018Q4, valued at $14.93M, up from 298,112 at the end of the previous reported quarter. Davenport & Company Llc who had been investing in Ko for a number of months, seems to be bullish on the $199.39 billion market cap company. The stock decreased 0.06% or $0.03 during the last trading session, reaching $46.64. About 7.28 million shares traded. The Coca-Cola Company (NYSE:KO) has risen 5.11% since April 11, 2018 and is uptrending. It has outperformed by 0.74% the S&P500. Some Historical KO News: 07/05/2018 – IFF to buy Israel’s Frutarom for $7.1 bln, nearing top spot; 24/04/2018 – Coca-Cola Sees 2018 Organic Revenue Growth 4%; 05/05/2018 – Berkshire Hathaway bought its stake in Coca-Cola in 1988 for $1.3 billion. At the end of 2017, the investment was worth $18.4 billion, a staggering gain of over 1300%. #AllThingsBuffett; 16/03/2018 – Coca-Cola, U.S. State Dept to use blockchain to combat forced labor; 09/03/2018 – Coca-Cola: Larry Tanenbaum, Junior Bridgeman to Form Venture to Acquire Coca-Cola Refreshments Canada; 20/03/2018 – MONSTER BEVERAGE – ENTERED AMENDMENT TO AGREEMENT BETWEEN CO, NEW LASER MERGER, COCA-COLA COMPANY, EUROPEAN REFRESHMENTS – SEC FILING; 15/05/2018 – Australia’s Coca-Cola Amatil says former AMP chair to leave board; 24/04/2018 – COCA-COLA CO QTRLY UNIT CASE VOLUME GREW 3 PCT; 09/03/2018 – The Coca-Cola Company Announces Letter of Intent for Refranchising of Canadian Bottling Operations; 10/05/2018 – Coca-Cola HBC Sees Trading in Line With Views

More notable recent The Coca-Cola Company (NYSE:KO) news were published by: Investorplace.com which released: “9 Stocks That Would Be Hurt By a Mexico/U.S. Border Closure – Investorplace.com” on April 03, 2019, also Fool.com with their article: “Why Monster Beverage Stock Dropped 15% in March – The Motley Fool” published on April 06, 2019, Gurufocus.com published: “Warren Buffett’s Portfolio Except 3 Stocks Soars in 2019 – GuruFocus.com” on April 10, 2019. More interesting news about The Coca-Cola Company (NYSE:KO) were released by: Seekingalpha.com and their article: “HSBC cools on Coca-Cola – Seeking Alpha” published on March 12, 2019 as well as Fool.com‘s news article titled: “Here’s the Real Reason Aurora Cannabis Shares Caught Fire Yesterday – Motley Fool” with publication date: March 14, 2019.

Since October 24, 2018, it had 0 buys, and 13 insider sales for $20.97 million activity. Another trade for 54,200 shares valued at $2.63 million was sold by CRESPO FRANCISCO. $729,768 worth of stock was sold by LONG ROBERT EDWARD on Monday, November 5. RIVERA ALFREDO sold $1.20M worth of stock. On Monday, November 19 MANN JENNIFER K sold $761,040 worth of The Coca-Cola Company (NYSE:KO) or 15,100 shares. Shares for $4.43 million were sold by HAYS ED. The insider Perez Beatriz R sold 21,742 shares worth $1.06M.

Davenport & Company Llc, which manages about $7.13B and $7.27B US Long portfolio, decreased its stake in Bud (NYSE:BUD) by 133,849 shares to 951,198 shares, valued at $62.60 million in 2018Q4, according to the filing. It also reduced its holding in Ibm (NYSE:IBM) by 5,865 shares in the quarter, leaving it with 50,608 shares, and cut its stake in Ge (NYSE:GE).

Investors sentiment increased to 0.9 in 2018 Q4. Its up 0.08, from 0.82 in 2018Q3. It is positive, as 46 investors sold KO shares while 602 reduced holdings. 141 funds opened positions while 444 raised stakes. 2.79 billion shares or 3.47% more from 2.69 billion shares in 2018Q3 were reported. Peddock Advsr Llc accumulated 22,403 shares. Pennsylvania Tru Co holds 0.33% of its portfolio in The Coca-Cola Company (NYSE:KO) for 140,639 shares. Baker Avenue Asset Ltd Partnership holds 8,251 shares. Independent Invsts Inc holds 1% of its portfolio in The Coca-Cola Company (NYSE:KO) for 48,627 shares. Puzo Michael J reported 4,425 shares. Vestor Limited Liability holds 1,289 shares or 0.01% of its portfolio. Baillie Gifford Co reported 928,369 shares stake. Moreover, Lederer & Associates Inv Counsel Ca has 1.2% invested in The Coca-Cola Company (NYSE:KO) for 23,610 shares. Wallace Mngmt holds 136,637 shares or 0.94% of its portfolio. Paradigm Asset Mgmt Co Limited Co reported 1,600 shares. Fjarde Ap stated it has 1.17 million shares or 0.96% of all its holdings. Murphy Pohlad Asset Management Ltd Liability holds 24,399 shares or 0.74% of its portfolio. Beck Mack & Oliver Limited Liability has invested 0.11% in The Coca-Cola Company (NYSE:KO). New York-based Nbt Bank & Trust N A Ny has invested 0.62% in The Coca-Cola Company (NYSE:KO). Oxbow Advsr Limited Liability Com, a Texas-based fund reported 5,883 shares.

Since October 25, 2018, it had 2 insider buys, and 9 selling transactions for $893,356 activity. SWAN ROBERT HOLMES bought $245,993 worth of Intel Corporation (NASDAQ:INTC) on Thursday, December 6. Shares for $102,050 were sold by Rodgers Steven Ralph on Thursday, October 25. Another trade for 6,500 shares valued at $295,945 was sold by McBride Kevin Thomas.

Lafayette Investments Inc, which manages about $370.11 million and $248.92M US Long portfolio, decreased its stake in Johnson & Johnson (NYSE:JNJ) by 5,100 shares to 74,676 shares, valued at $9.64M in 2018Q4, according to the filing. It also reduced its holding in Exxon Mobil Corp (NYSE:XOM) by 6,515 shares in the quarter, leaving it with 80,459 shares, and cut its stake in International Business Machine (NYSE:IBM).

The Coca-Cola Company (NYSE:KO) Institutional Positions Chart

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