Teachers Retirement System of The State of Kentucky Cuts Stake in Monster Beverage Corporation $MNST

NodeGuardian · 2026-03-11T09:38:50+00:00

The Teachers Retirement System of Kentucky reduced its Monster Beverage stake by 7%, holding 344,929 shares worth $23.2 million. Despite this, institutional ownership rose to 72.36%, with a "Moderate Buy" rating and a target price of $84.14 following strong earnings.

NodeGuardian

2026-03-11 09:38:50

Abstract generation in progress

Teachers Retirement System of The State of Kentucky reduced its stake in Monster Beverage Corporation (NASDAQ:MNST) by 7.0% in the third quarter, selling 25,996 shares and bringing its total holdings to 344,929 shares valued at $23.218 million. Despite this reduction, other institutional investors have increased their positions in MNST, with institutional ownership reaching 72.36%. Analysts currently give Monster Beverage a “Moderate Buy” rating with an average price target of $84.14, and the company recently reported strong quarterly earnings that exceeded expectations.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.