<div id="readability-page-1"><p>Pacer Advisors Inc. reduced its position in  Monster Beverage Corporation (NASDAQ:MNST - Free Report) by 13.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 551,116 shares of the company's stock after selling 85,436 shares during the period. Pacer Advisors Inc. owned approximately 0.06% of Monster Beverage worth $37,096,000 as of its most recent filing with the Securities and Exchange Commission (SEC).</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>Other large investors also recently modified their holdings of the company. BSW Wealth Partners purchased a new position in  Monster Beverage in the third quarter worth about $253,000.  Clayton Financial Group LLC bought a new position in shares of  Monster Beverage in the 3rd quarter worth approximately $104,000.  Norden Group LLC boosted its holdings in shares of  Monster Beverage by 11.9% in the third quarter. Norden Group LLC now owns 8,906 shares of the company's stock worth $599,000 after buying an additional 948 shares during the last quarter.  World Investment Advisors grew its position in  Monster Beverage by 10.8% during the third quarter. World Investment Advisors now owns 5,802 shares of the company's stock valued at $391,000 after buying an additional 565 shares during the period.  Finally, Private Trust Co. NA increased its holdings in  Monster Beverage by 11.7% during the third quarter. Private Trust Co. NA now owns 2,500 shares of the company's stock valued at $168,000 after buying an additional 262 shares during the last quarter. Institutional investors own  72.36% of the company's stock. </p><h2>Monster Beverage Trading Down 0.1%</h2><p>Shares of MNST opened at $77.31 on Friday. The business's 50 day moving average is $72.33 and its 200 day moving average is $66.45. Monster Beverage Corporation has a 12-month low of $45.70 and a 12-month high of $78.31. The company has a market capitalization of $75.53 billion, a PE ratio of 43.93, a price-to-earnings-growth ratio of 2.32 and a beta of 0.48. </p><ul><li>Celsius Stock Surges After Blowout Earnings and Pepsi Deal</li></ul><p>Monster Beverage (NASDAQ:MNST - Get Free Report) last announced its quarterly earnings data 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. The business had revenue of $2.20 billion during the quarter, compared to analyst estimates of $2.11 billion. Monster Beverage had a net margin of 21.65% and a return on equity of 27.76%. The company's revenue was up 16.8% on a year-over-year basis. During the same period last year, the firm posted $0.41 EPS.  Equities research analysts predict that  Monster Beverage Corporation will post 1.62 earnings per share for the current year. </p><h2>Insider Activity at Monster Beverage</h2><p>In other news, Director Rodney C. Sacks sold 206,543 shares of the firm's stock in a transaction dated 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 document filed with the Securities &amp; Exchange Commission, which is accessible through this hyperlink. Also, insider Emelie Tirre sold 30,000 shares of the business's stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $73.31, for a total value of $2,199,300.00. Following the completion of the sale, the insider owned 63,939 shares in the company, valued at $4,687,368.09. This represents a 31.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 274,981 shares of company stock valued at $20,138,516. Corporate insiders own  8.30% of the company's stock. </p><h2>Analyst Ratings Changes</h2><ul><li>Monster Is Re-Energized: Can the Stock's Rally Continue?</li></ul><p>MNST has been the subject of a number of recent research reports. Morgan Stanley  reissued an &#34;overweight&#34; rating and set a $87.00 price objective (up previously from $81.00) on shares of Monster Beverage in a research report on Tuesday. Stifel Nicolaus  set a $82.00 price target on Monster Beverage and gave the stock a &#34;buy&#34; rating in a research report on Friday, December 12th. JPMorgan Chase &amp; Co. raised their price objective on Monster Beverage from $70.00 to $75.00 and gave the stock a &#34;neutral&#34; rating in a research note on Friday, November 7th. Roth Capital  reaffirmed a &#34;neutral&#34; rating and set a $70.00 price objective on shares of Monster Beverage in a research report on Wednesday, December 3rd. Finally, Weiss Ratings  reissued a &#34;buy (b)&#34; rating on shares of Monster Beverage in a report on Monday. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued  a Buy rating, nine have given a Hold rating and one  has assigned  a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of &#34;Moderate Buy&#34; and an average price target of $73.95.</p><p><b>Read Our Latest Report on Monster Beverage</b></p><h2>Monster Beverage Company 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>Further Reading</h2><ul><li>Five stocks we like better than Monster Beverage</li><li>Do not delete, read immediately</li><li>INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off</li><li>Can Any Expenses Be Deducted From Capital Gains Tax?</li><li>Do you know what Amazon is planning for January 1?</li><li>Buffett, Gates and Bezos Quietly Dumping Stocks—Here's Why</li></ul><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>Pacer Advisors Inc. decreased its holdings in Monster Beverage Corporation by 13.4% in Q3, now owning 551,116 shares worth $37,096,000. Monster Beverage reported Q3 earnings of $0.56 per share, surpassing estimates, with revenue of $2.20 billion. The stock opened at $77.31, with a market cap of $75.53 billion. Insider sales included 274,981 shares valued at $20,138,516. Analysts have mixed ratings, with price targets ranging from $70 to $87.</p>

Pacer Advisors Inc. Decreases Holdings in Monster Beverage Corporation $MNST