Monster Beverage (NASDAQ:MNST) Shares Unloaded Rep. Julie Johnson

Representative Julie Johnson (D-Texas) recently sold shares of Monster Beverage Co. NASDAQ: MNST. In a filing disclosed on February 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Monster Beverage stock on January 15th. The trade occurred in the Representative's "MERRILL LYNCH TAX EFFICIENT CORE" account.

Representative Julie Johnson also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Dell Technologies NYSE: DELL on 1/28/2025.
• Sold $1,001 - $15,000 in shares of PepsiCo NASDAQ: PEP on 1/28/2025.
• Sold $1,001 - $15,000 in shares of Intuit NASDAQ: INTU on 1/28/2025.
• Sold $1,001 - $15,000 in shares of ALLETE NYSE: ALE on 1/28/2025.
• Sold $1,001 - $15,000 in shares of PPG Industries NYSE: PPG on 1/27/2025.
• Purchased $1,001 - $15,000 in shares of Progressive NYSE: PGR on 1/24/2025.
• Purchased $1,001 - $15,000 in shares of The Goldman Sachs Group NYSE: GS on 1/24/2025.
• Sold $1,001 - $15,000 in shares of Chubb NYSE: CB on 1/24/2025.
• Sold $1,001 - $15,000 in shares of Morgan Stanley NYSE: MS on 1/24/2025.
• Purchased $1,001 - $15,000 in shares of Merck & Co., Inc. NYSE: MRK on 1/17/2025.

Monster Beverage Stock Down 0.5 %

NASDAQ MNST traded down $0.27 during trading on Monday, reaching $49.25. 6,107,015 shares of the company's stock traded hands, compared to its average volume of 6,898,053. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.13 and a quick ratio of 2.51. The firm has a market cap of $47.90 billion, a price-to-earnings ratio of 31.57, a price-to-earnings-growth ratio of 1.96 and a beta of 0.74. The company's 50 day simple moving average is $50.34 and its two-hundred day simple moving average is $50.97. Monster Beverage Co. has a 12-month low of $43.32 and a 12-month high of $61.22.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Livforsakringsbolaget Skandia Omsesidigt boosted its holdings in shares of Monster Beverage by 222.6% in the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 1,884 shares of the company's stock valued at $98,000 after acquiring an additional 1,300 shares during the last quarter. Valeo Financial Advisors LLC boosted its holdings in shares of Monster Beverage by 59.1% in the 3rd quarter. Valeo Financial Advisors LLC now owns 8,667 shares of the company's stock valued at $452,000 after acquiring an additional 3,218 shares during the last quarter. Empirical Asset Management LLC boosted its holdings in shares of Monster Beverage by 116.5% in the 3rd quarter. Empirical Asset Management LLC now owns 11,096 shares of the company's stock valued at $579,000 after acquiring an additional 5,970 shares during the last quarter. CX Institutional boosted its holdings in shares of Monster Beverage by 28.9% in the 3rd quarter. CX Institutional now owns 6,388 shares of the company's stock valued at $333,000 after acquiring an additional 1,434 shares during the last quarter. Finally, Creative Planning boosted its holdings in shares of Monster Beverage by 12.8% in the 3rd quarter. Creative Planning now owns 90,773 shares of the company's stock valued at $4,736,000 after acquiring an additional 10,284 shares during the last quarter. Institutional investors and hedge funds own 72.36% of the company's stock.

Analyst Ratings Changes

A number of research analysts have commented on MNST shares. Stifel Nicolaus raised their target price on shares of Monster Beverage from $57.00 to $59.00 and gave the company a "buy" rating in a research report on Friday, November 8th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Monster Beverage from $61.00 to $59.00 and set a "buy" rating for the company in a research note on Friday, November 8th. UBS Group reduced their price objective on shares of Monster Beverage from $57.00 to $53.00 and set a "neutral" rating for the company in a research note on Thursday, January 16th. Argus boosted their price objective on shares of Monster Beverage from $55.00 to $65.00 and gave the stock a "buy" rating in a research note on Tuesday, November 12th. Finally, BNP Paribas reduced their price objective on shares of Monster Beverage from $46.00 to $45.00 and set an "underperform" rating for the company in a research note on Thursday, December 19th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and twelve have assigned a buy rating to the stock. According to MarketBeat.com, Monster Beverage currently has an average rating of "Hold" and an average target price of $55.53.

Insider Activity

In related news, CFO Thomas J. Kelly sold 10,000 shares of the stock in a transaction on Friday, December 13th. The shares were sold at an average price of $52.65, for a total transaction of $526,500.00. Following the sale, the chief financial officer now directly owns 74,924 shares of the company's stock, valued at approximately $3,944,748.60. This represents a 11.78 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders own 7.80% of the company's stock.

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas' 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027. Johnson (Democratic Party) ran for election to the U.S. House to represent Texas' 32nd Congressional District. She won in the general election on November 5, 2024. Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson's career experience includes working as an attorney.

About Monster Beverage

Monster Beverage Corporation, through its subsidiaries, engages in development, marketing, sale, and distribution of energy drink beverages and concentrates in the United States and internationally. The company operates through three segments: Monster Energy Drinks, Strategic Brands, Alcohol Brands, and Other.