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Monster Beverage Corporation $MNST Shares Sold by Capital International Sarl
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.