Monster Beverage Corp (MNST) Files Form 4 Insider Selling : Harold C Jr Taber Sells 5,000 Shares

Monster Beverage Corp (MNST): Harold C Jr Taber , director of Monster Beverage Corp sold 5,000 shares on Jun 10, 2016. The Insider selling transaction was reported by the company on Jun 14, 2016 to the Securities and Exchange Commission. The shares were sold at $154.26 per share for a total value of $770,690.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Dec 3, 2015, Thomas J Kelly (Senior VP – Monster Energy Co.) sold 26,033 shares at $157.89 per share price.On Sep 15, 2015, Harold C Jr Taber (director) sold 19,680 shares at $132.25 per share price.Also, On Apr 24, 2015, Hilton H Schlosberg (Vice Chairman and President) sold 76,876 shares at $140.21 per share price.On Apr 24, 2015, Rodney C Sacks (Chairman and CEO) sold 76,876 shares at $140.21 per share price.

Shares of Monster Beverage Corporation (MNST) ended Friday, Jun 10, 2016 session in red amid volatile trading. The shares closed down -1.47 points or -0.95% at $153.54 with 11,66,263 shares getting traded. Post opening the session at $153.95, the shares hit an intraday low of $152.87 and an intraday high of $154.98 and the price vacillated in this range throughout the day. The company has a market cap of $31,175 M and the number of outstanding shares has been calculated to be 20,30,42,660 shares. The 52-week high of Monster Beverage Corporation is $160.5 and the 52-week low is $113.08.

Monster Beverage Corporation Money Flow Index Chart

Company has been under the radar of several Street Analysts.Monster Beverage Corporation is Reiterated by UBS to Buy and the brokerage firm has raised the Price Target to $ 170 from a previous price target of $168 .The Rating was issued on May 2, 2016.Monster Beverage Corporation is Initiated by BofA/Merrill to Neutral and the brokerage firm has set the Price Target at $144. The Rating was issued on Mar 22, 2016.

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