Monster Beverage Corporation $MNST Shares Sold by Capital International Sarl

robot
Abstract generation in progress

Capital International Sarl reduced its holdings in Monster Beverage Corporation (NASDAQ:MNST) by 30.3% in the third quarter, selling 69,629 shares and leaving them with 159,823 shares valued at $10.76 million. Other institutional investors showed mixed activity, with some increasing their stakes while corporate insiders, including Director Rodney C. Sacks and insider Emelie Tirre, sold significant amounts of company stock. Monster Beverage reported strong financial results, beating earnings estimates and showing a 17.6% year-over-year revenue increase, with analysts maintaining a “Moderate Buy” consensus rating for the stock.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin