Monster Beverage shares rose 4.8% this afternoon to a price of $54.4. The stock is still trading within range of its average target price of $55.88, and over the last 52 weeks, it has recorded a -11.7% performance. Analysts have given the Large-Cap Beverages stock target prices ranging from $40.0 to $64.0 dollars per share, with an average rating of buy.
Monster Beverage's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 3.2%. The stock's short ratio is 3.3. The company's insiders own 28.99% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 68.4%. In conclusion, we believe there is positive market sentiment regarding Monster Beverage.
Institutions Invested in Monster Beverage
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-12-31 | Vanguard Group Inc | 7% | 63,635,449 | $3,461,450,277 |
| 2024-12-31 | Blackrock Inc. | 5% | 51,649,465 | $2,809,472,672 |
| 2024-12-31 | Alliancebernstein L.P. | 4% | 40,331,809 | $2,193,848,769 |
| 2024-12-31 | State Street Corporation | 3% | 33,788,925 | $1,837,948,590 |
| 2024-12-31 | Loomis Sayles & Company, LP | 3% | 26,413,607 | $1,436,768,164 |
| 2024-12-31 | JP Morgan Chase & Company | 2% | 22,617,765 | $1,230,293,337 |
| 2024-12-31 | Janus Henderson Group PLC | 2% | 22,390,120 | $1,217,910,587 |
| 2024-12-31 | Capital World Investors | 2% | 20,157,348 | $1,096,458,953 |
| 2024-12-31 | FMR, LLC | 2% | 18,599,776 | $1,011,734,824 |
| 2024-12-31 | Geode Capital Management, LLC | 2% | 17,112,000 | $930,807,247 |
