<div id="readability-page-1"><p>Seascape Capital Management purchased a new position in shares of  Monster Beverage Corporation (NASDAQ:MNST - Free Report) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 64,258 shares of the company's stock, valued at approximately $4,325,000. Monster Beverage makes up  about  1.2% of Seascape Capital Management's investment portfolio, making the stock its 29th biggest holding.</p><div><p><span></span><span>Get <strong>Monster Beverage</strong> alerts:</span></p></div><ul><li>Coca-Cola Stock Dips—Is CELH the Growth Your Portfolio Needs?</li></ul><p>Several other institutional investors and hedge funds also recently made changes to their positions in the company. Access Investment Management LLC acquired a new stake in  Monster Beverage during the 2nd quarter worth $25,000.  Salomon &amp; Ludwin LLC acquired a new stake in shares of  Monster Beverage during the second quarter worth about $28,000.  Armstrong Advisory Group Inc. raised its position in shares of  Monster Beverage by 49.0% during the third quarter. Armstrong Advisory Group Inc. now owns 444 shares of the company's stock worth $30,000 after purchasing an additional 146 shares during the period.  Newbridge Financial Services Group Inc. lifted its holdings in shares of  Monster Beverage by 1,338.7% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 446 shares of the company's stock valued at $28,000 after purchasing an additional 415 shares in the last quarter.  Finally, Golden State Wealth Management LLC grew its position in shares of  Monster Beverage by 647.3% in the 2nd quarter. Golden State Wealth Management LLC now owns 553 shares of the company's stock valued at $35,000 after purchasing an additional 479 shares during the period. Institutional investors and hedge funds own  72.36% of the company's stock. </p><h2>Insiders Place Their Bets</h2><p>In other news, Director Rodney C. Sacks sold 206,543 shares of the company's stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $73.58, for a total transaction of $15,197,433.94. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Emelie Tirre sold 30,000 shares of the firm's stock in a transaction on Friday, December 12th. The shares were sold at an average price of $73.31, for a total transaction of $2,199,300.00. Following the completion of the transaction, the insider directly owned 63,939 shares of the company's stock, valued at $4,687,368.09. This represents a 31.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 274,981 shares of company stock valued at $20,138,516 in the last 90 days. 8.30% of the stock is currently owned by insiders. </p><h2>Analyst Ratings Changes</h2><ul><li>Celsius Stock Surges After Blowout Earnings and Pepsi Deal</li></ul><p>Several analysts have commented on MNST shares. Wells Fargo &amp; Company  restated an &#34;overweight&#34; rating and set a $83.00 target price (up from $75.00) on shares of Monster Beverage in a report on Wednesday, December 3rd. Morgan Stanley  restated an &#34;overweight&#34; rating and set a $87.00 price objective (up from $81.00) on shares of Monster Beverage in a report on Tuesday, December 23rd. Weiss Ratings  reaffirmed a &#34;buy (b)&#34; rating on shares of Monster Beverage in a research report on Monday. JPMorgan Chase &amp; Co. increased their target price on Monster Beverage from $70.00 to $75.00 and gave the stock a &#34;neutral&#34; rating in a report on Friday, November 7th. Finally, BMO Capital Markets  reissued a &#34;market perform&#34; rating and issued a $73.00 price target (up previously from $53.00) on shares of Monster Beverage in a research note on Wednesday, December 3rd. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have assigned  a Buy rating, nine have assigned  a Hold rating and one  has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of &#34;Moderate Buy&#34; and a consensus price target of $73.95.</p><p><b>View Our Latest Report on Monster Beverage</b></p><h2>Monster Beverage Price Performance</h2><ul><li>Monster Is Re-Energized: Can the Stock's Rally Continue?</li></ul><p>Shares of NASDAQ:MNST opened at $76.67 on Thursday. The company's 50-day moving average price is $72.79 and its two-hundred day moving average price is $66.77. Monster Beverage Corporation has a one year low of $45.70 and a one year high of $78.31. The stock has a market capitalization of $74.91 billion, a PE ratio of 43.56, a price-to-earnings-growth ratio of 2.32 and a beta of 0.48. </p><p>Monster Beverage (NASDAQ:MNST - Get Free Report) last released its earnings results on Thursday, November 6th. The company reported $0.56 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.48 by $0.08. Monster Beverage had a return on equity of 27.76% and a net margin of 21.65%.The business had revenue of $2.20 billion for the quarter, compared to the consensus estimate of $2.11 billion. During the same quarter in the previous year, the business earned $0.41 earnings per share. Monster Beverage's quarterly revenue was up 16.8% on a year-over-year basis.  On average, analysts anticipate that  Monster Beverage Corporation will post 1.62 earnings per share for the current fiscal year. </p><h2>Monster Beverage Profile</h2> (Free Report)<p>Monster Beverage Corporation <span>NASDAQ: MNST<span></span></span> is an American beverage company best known for its Monster Energy brand of energy drinks. The company's product portfolio centers on carbonated energy beverages and a range of complementary ready-to-drink offerings, including energy coffees, hydration beverages and other flavored functional drinks. Monster markets multiple sub-brands and flavor variants to address different consumer segments and consumption occasions.  </p><p>Originally organized around the Hansen's Natural line of juices and sodas, the company pivoted toward the energy drink category and formally adopted the Monster Beverage name in the early 2010s to reflect its strategic focus.</p><h2>Read More</h2><ul><li>Five stocks we like better than Monster Beverage</li><li>The Best $1 You'll Spend This Holiday Season</li><li>Holiday surprise: $1 gets you everything</li><li>America’s “most deplorable” Christmas sale</li><li>Market Panic: Trump Just Dropped a Bomb on Your Stocks</li><li>Your family's wealth expires in 2026?</li></ul><p><strong>Want to see what other hedge funds are holding MNST?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Monster Beverage Corporation (NASDAQ:MNST - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TU5TVA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TU5TVA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Monster Beverage Right Now?</h2><p>Before you consider Monster Beverage, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Monster Beverage wasn't on the list.</p><p>While Monster Beverage currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

MNST

<p>Seascape Capital Management has invested $4.33 million in Monster Beverage Corporation (NASDAQ:MNST), acquiring 64,258 shares during Q3. This investment represents 1.2% of Seascape's portfolio, making it the 29th largest holding. Other institutional investors have also increased their stakes in Monster Beverage. Recent insider sales included significant transactions by Director Rodney C. Sacks and insider Emelie Tirre. Analysts have given Monster Beverage a consensus rating of "Moderate Buy" with target prices ranging from $70 to $87. The stock opened at $76.67, with a market cap of $74.91 billion.</p>

Seascape Capital Management Makes New $4.33 Million Investment in Monster Beverage Corporation $MNST