CIBC Private Wealth Group LLC Sells 67,047 Shares of Monster Beverage Corporation $MNST
CIBC Private Wealth Group LLC has reduced its stake in Monster Beverage Corporation (NASDAQ:MNST) by 1.3%, selling 67,047 shares but still owning 5,036,540 shares valued at approximately $339 million. This adjustment comes as Monster Beverage reported strong earnings, beating analyst expectations with $0.51 EPS and $2.10 billion in revenue, representing a 17.6% year-over-year sales increase. Analysts maintain a "Moderate Buy" consensus rating for MNST, with an average price target of $83.95.
https://www.marketbeat.com/instant-alerts/filing-cibc-private-wealth-group-llc-sells-67047-shares-of-monster-beverage-corporation-mnst-2026-03-18/