Rep. Julie Johnson Sells Monster Beverage Co. (NASDAQ:MNST) Stock

Posted by Shane Hupp on Feb 15th, 2025

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 Price Performance

Shares of NASDAQ MNST opened at $49.25 on Friday. Monster Beverage Co. has a fifty-two week low of $43.32 and a fifty-two week high of $61.22. The company has a 50 day simple moving average of $50.40 and a two-hundred day simple moving average of $50.99. The company has a market capitalization of $47.90 billion, a price-to-earnings ratio of 31.57, a P/E/G ratio of 1.96 and a beta of 0.74. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.51 and a current ratio of 3.13.

Wall Street Analyst Weigh In

MNST has been the subject of a number of analyst reports. UBS Group reduced their price objective on Monster Beverage from $57.00 to $53.00 and set a “neutral” rating for the company in a research report on Thursday, January 16th. TD Cowen raised their price target on Monster Beverage from $50.00 to $55.00 and gave the company a “hold” rating in a report on Monday, November 11th. BNP Paribas reduced their price target on Monster Beverage from $46.00 to $45.00 and set an “underperform” rating for the company in a report on Thursday, December 19th. Argus raised their price objective on shares of Monster Beverage from $55.00 to $65.00 and gave the company a “buy” rating in a research note on Tuesday, November 12th. Finally, 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. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and twelve have given a buy rating to the company. According to data from MarketBeat, Monster Beverage currently has a consensus rating of “Hold” and a consensus target price of $55.53.

Read Our Latest Research Report on Monster Beverage

Institutional Trading of Monster Beverage

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Bleakley Financial Group LLC increased its position in shares of Monster Beverage by 1.5% during the 4th quarter. Bleakley Financial Group LLC now owns 13,578 shares of the company’s stock valued at $714,000 after purchasing an additional 203 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. increased its position in shares of Monster Beverage by 62.5% during the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 528 shares of the company’s stock valued at $28,000 after purchasing an additional 203 shares during the last quarter. CWA Asset Management Group LLC increased its position in shares of Monster Beverage by 3.1% during the 4th quarter. CWA Asset Management Group LLC now owns 6,991 shares of the company’s stock valued at $367,000 after purchasing an additional 213 shares during the last quarter. CreativeOne Wealth LLC increased its position in Monster Beverage by 1.9% during the fourth quarter. CreativeOne Wealth LLC now owns 11,838 shares of the company’s stock valued at $622,000 after acquiring an additional 217 shares during the last quarter. Finally, Level Four Advisory Services LLC increased its position in Monster Beverage by 4.6% during the fourth quarter. Level Four Advisory Services LLC now owns 4,996 shares of the company’s stock valued at $263,000 after acquiring an additional 220 shares during the last quarter. Hedge funds and other institutional investors own 72.36% of the company’s stock.

Insider Buying and Selling at Monster Beverage

In other news, CFO Thomas J. Kelly sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $52.65, for a total transaction of $526,500.00. Following the transaction, the chief financial officer now 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 transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company 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

(Get Free Report)

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.