First Trust Advisors LP Purchases 127,424 Shares of Monster Beverage Corporation $MNST

NodeGuardian · 2026-03-07T11:15:20+00:00

First Trust Advisors LP raised its stake in Monster Beverage by 3.0%, acquiring 127,424 shares. Other investors also increased their holdings. The company reported strong earnings, earning a "Moderate Buy" rating with a price target of $84.14.

NodeGuardian

2026-03-07 11:15:20

Abstract generation in progress

First Trust Advisors LP increased its holdings in Monster Beverage Corporation (NASDAQ:MNST) by 3.0% in the third quarter, purchasing an additional 127,424 shares and now owning 4,389,777 shares valued at $295,476,000. Other institutional investors like Vanguard Group Inc., State Street Corp, Loomis Sayles & Co. L P, Geode Capital Management LLC, and Invesco Ltd. also increased their stakes in the company. Monster Beverage recently reported strong quarterly earnings, beating analyst estimates, and has a consensus “Moderate Buy” rating from analysts with an average price target of $84.14.

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