Representative Josh Gottheimer (Democratic-New Jersey) recently bought shares of Monster Beverage Corporation (NASDAQ:MNST). In a filing disclosed on August 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in Monster Beverage stock on July 17th. The trade occurred in the Representative’s “MORGAN STANLEY – SELECT UMA ACCOUNT # 1” account.
Representative Josh Gottheimer also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of (NASDAQ:GOOGN) on 7/24/2026.
- Purchased $1,001 – $15,000 in shares of (NASDAQ:GOOGM) on 7/24/2026.
- Purchased $1,001 – $15,000 in shares of (NASDAQ:GOOGN) on 7/23/2026.
- Sold $1,001 – $15,000 in shares of Crown Castle (NYSE:CCI) on 7/23/2026.
- Purchased $1,001 – $15,000 in shares of SailPoint (NASDAQ:SAIL) on 7/20/2026.
- Purchased $1,001 – $15,000 in shares of NiCE (NASDAQ:NICE) on 7/20/2026.
- Sold $1,001 – $15,000 in shares of Chart Industries (NYSE:GTLS) on 7/17/2026.
- Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 7/16/2026.
- Purchased $1,001 – $15,000 in shares of Palo Alto Networks (NASDAQ:PANW) on 7/16/2026.
- Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 7/15/2026.
Monster Beverage Stock Down 0.4%
Shares of NASDAQ:MNST opened at $45.53 on Wednesday. The company’s 50 day moving average price is $47.22 and its two-hundred day moving average price is $42.47. Monster Beverage Corporation has a 12-month low of $30.49 and a 12-month high of $50.17. The firm has a market cap of $44.60 billion, a PE ratio of 21.08, a PEG ratio of 2.92 and a beta of 0.53.
Monster Beverage announced that its board has initiated a share buyback plan on Friday, May 15th that allows the company to repurchase $500.00 million in shares. This repurchase authorization allows the company to buy up to 0.6% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s leadership believes its stock is undervalued.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the stock. Johnson Financial Group Inc. acquired a new stake in Monster Beverage during the 2nd quarter worth approximately $27,000. Newbridge Financial Services Group Inc. raised its holdings in Monster Beverage by 1,338.7% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 446 shares of the company’s stock worth $28,000 after purchasing an additional 415 shares during the last quarter. MV Capital Management Inc. acquired a new stake in Monster Beverage during the 4th quarter worth about $30,000. Trust Co. of Vermont acquired a new stake in Monster Beverage during the second quarter worth approximately $30,000. Finally, Clearstead Trust LLC acquired a new stake in shares of Monster Beverage during the 2nd quarter worth approximately $32,000. Institutional investors own 72.36% of the company’s stock.
Wall Street Analysts Forecast Growth
MNST has been the subject of a number of analyst reports. Evercore boosted their price target on Monster Beverage from $47.50 to $52.50 and gave the company an “outperform” rating in a research note on Friday, August 7th. Wells Fargo & Company raised their target price on shares of Monster Beverage from $48.50 to $52.50 and gave the company an “overweight” rating in a report on Wednesday, July 8th. BMO Capital Markets restated a “market perform” rating and issued a $47.50 target price (up from $36.50) on shares of Monster Beverage in a research report on Monday, July 20th. TD Cowen upped their price target on shares of Monster Beverage from $45.00 to $47.50 and gave the stock a “hold” rating in a report on Wednesday, July 8th. Finally, Weiss Ratings upgraded shares of Monster Beverage from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday. Thirteen investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, Monster Beverage currently has a consensus rating of “Moderate Buy” and a consensus target price of $50.33.
Get Our Latest Stock Report on Monster Beverage
Insider Activity at Monster Beverage
In related news, Director Mark J. Hall sold 108,000 shares of the company’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $42.91, for a total value of $4,633,740.00. Following the sale, the director owned 598,492 shares in the company, valued at $25,678,299.26. This represents a 15.29% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Guy Carling sold 38,000 shares of the company’s stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $45.45, for a total value of $1,727,100.00. Following the sale, the chief executive officer owned 43,726 shares of the company’s stock, valued at $1,987,346.70. This trade represents a 46.50% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 166,000 shares of company stock valued at $7,218,240 in the last three months. Corporate insiders own 8.10% of the company’s stock.
About Representative Gottheimer
Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.
Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2026 election.
Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.
Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.
Monster Beverage Company Profile
Monster Beverage Corporation (NASDAQ: MNST) 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.
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.
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