Shares of Monster Beverage Corporation (NASDAQ:MNST) Sees Large Inflow of Net Money Flow

Monster Beverage Corporation (NASDAQ:MNST) traded with a cut of -2.76 points or -1.8% at $150.78 per share. As per the last available information, the stock aggregated $76.5 million in upticks and $36.89 million in downticks, keeping the net money flow capped at $39.61 million. The up/down ratio was found to be 2.07. For the week, the shares have seen a change of -1.36% in the share price.A block trade of $42.4 million in upticks and $0 million in downticks also took place during the day. The up/down ratio for the block stood at 0. The net money flow for this transaction was $42.4 million.


Currently the company Insiders own 10.2% of Monster Beverage Corporation shares according to the proxy statements. Institutional Investors own 66.8% of Monster Beverage Corporation shares. On the companys insider trading activities, Kelly Thomas J, officer (Senior VP – Monster Energy Co.) of Monster Beverage Corp, unloaded 26,033 shares at an average price of $157.89 on December 1, 2015. The total amount of the transaction was worth $4,110,350, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Monster Beverage Corporation (NASDAQ:MNST) stock ended Monday session in the red zone in a volatile trading. The stock closed down 2.76 points or 1.8% at $150.78 with 1,613,947 shares getting traded. Post opening the session at $153.54, the shares hit an intraday low of $150.73 and an intraday high of $153.59 and the price was in this range throughout the day. The company has a market cap of $30,615 million and the number of outstanding shares have been calculated to be 203,042,660 shares. The 52-week high of Monster Beverage Corporation (NASDAQ:MNST) is $160.5 and the 52-week low is $113.08.

Many analysts have stated their opinion on the company shares. Bank of America initiates coverage on Monster Beverage Corporation (NASDAQ:MNST).The analysts at the brokerage house have a current rating of Neutral on the shares. In a recent information released to the investors, Bank of America announces the price target of $144 per share. The rating by the firm was issued on March 22, 2016.

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