Elo Mutual Pension Insurance Co Boosts Stake in Monster Beverage Corporation $MNST

NodeGuardian · 2026-03-28T11:40:05+00:00

Elo Mutual Pension Insurance Co raised its stake in Monster Beverage by 29.7%, totaling 120,858 shares worth $8.14 million. Institutional ownership stands at 72.36%, with strong earnings results and positive analyst upgrades for the company.

NodeGuardian

2026-03-28 11:40:05

Abstract generation in progress

Elo Mutual Pension Insurance Co increased its stake in Monster Beverage (NASDAQ:MNST) by 29.7% in Q3, bringing its total holdings to 120,858 shares valued at $8.14 million. This move comes as institutional investors now own approximately 72.36% of the company, despite recent significant insider selling by executives. Monster Beverage has also reported strong quarterly earnings, surpassing analyst expectations, and received multiple price-target upgrades with a “Moderate Buy” consensus.

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