Rhumbline Advisers Sells 13,352 Shares of Monster Beverage Corporation $MNST

Rhumbline Advisers recently decreased its stake in Monster Beverage Corporation (NASDAQ:MNST) by 0.8%, selling 13,352 shares and now holding 1,584,172 shares valued at approximately $106.63 million. Institutional investors collectively own 72.36% of the stock, while corporate insiders, including Director Rodney C. Sacks and insider Emelie Tirre, have also sold significant shares. Analysts maintain a “Moderate Buy” rating for MNST, with a consensus price target of $78.90, despite the stock trading slightly higher at around $80.79.