Monster Beverage Corporation (NASDAQ:MNST) recovered 21.66% of its value since hitting low of $47.61. The recent move of -4.42% drop pushed the stock to close at $57.92 when trading ended on 3/19/2019. At a recent session, the prices were hovering between $57.53 and $58.99. This company shares are 16.76% off its target price of $67.63 and the current market capitalization stands at $31.15B. The recent change has given its price a 0.4% lead over SMA 50 and -12.74% deficit over its 52-week high. The stock witnessed -1.36% declines, 9.93% gains and -2.7% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found MNST’s volatility during a week at 1.8% and during a month it has been found around 2.1%.

Monster Beverage Corporation (MNST) Top Holders

Institutional investors currently hold around $21.76 billion or 67.2% in MNST stock. Look at its top three institutional owners: Fmr Llc owns $1.91 billion in Monster Beverage Corporation, which represents roughly 6.14% of the company’s market cap and approximately 8.79% of the institutional ownership. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 31,422,876 shares of the stock are valued at $1.9 billion. The third largest holder is Blackrock Inc., which currently holds $1.52 billion worth of this stock and that ownership represents nearly 4.89% of its market capitalization.

Monster Beverage Corporation 13F Filings

At the end of December reporting period, 262 institutional holders increased their position in Monster Beverage Corporation (NASDAQ:MNST) by some 32,556,933 shares, 333 decreased positions by 33,345,919 and 71 held positions by 293,095,520. That puts total institutional holdings at 358,998,372 shares, according to SEC filings. The stock grabbed 78 new institutional investments totaling 4,054,817 shares while 90 institutional investors sold out their entire positions totaling 3,653,542 shares.

Monster Beverage Corporation (MNST) Analyst Guide

Several analysts have released their opinion on Monster Beverage Corporation (NASDAQ:MNST), with 6 analysts believing it is a strong buy. Whereas 6 of them predict the stock is a hold. Also, there are 6 buy, 0 sell and 1 strong sell ratings, collectively assigning a 2.16 average brokerage recommendation [T1].