Skandinaviska Enskilda Banken AB publ has increased its stake in Monster Beverage Corporation (NASDAQ:MNST) by 19.2%, acquiring an additional 57,389 shares to hold a total of 357,025 shares valued at $24.03 million. Other institutional investors like Vanguard Group Inc., State Street Corp, Loomis Sayles & Co. L P, Geode Capital Management LLC, and Invesco Ltd. also boosted their holdings. The stock currently has a “Moderate Buy” consensus rating from analysts with an average price target of $78.90, despite some recent insider share sales.
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Monster Beverage Corporation $MNST Shares Acquired by Skandinaviska Enskilda Banken AB publ
Skandinaviska Enskilda Banken AB publ has increased its stake in Monster Beverage Corporation (NASDAQ:MNST) by 19.2%, acquiring an additional 57,389 shares to hold a total of 357,025 shares valued at $24.03 million. Other institutional investors like Vanguard Group Inc., State Street Corp, Loomis Sayles & Co. L P, Geode Capital Management LLC, and Invesco Ltd. also boosted their holdings. The stock currently has a “Moderate Buy” consensus rating from analysts with an average price target of $78.90, despite some recent insider share sales.