Insider Sale: Director Mark Vidergauz Sells 10,000 Shares of Monster Beverage Corp (MNST)

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Nov 15, 2024
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On November 12, 2024, Mark Vidergauz, a Director at Monster Beverage Corp (MNST, Financial), executed a sale of 10,000 shares of the company. The transaction was filed on the same day through an SEC Filing. Following this sale, the insider now owns 58,167 shares of Monster Beverage Corp.

Monster Beverage Corp is a prominent player in the beverage industry, known for its energy drinks including the flagship Monster Energy line. The company has expanded its product range to include non-energy drinks and continues to grow its global market presence.

Over the past year, Mark Vidergauz has sold a total of 30,077 shares and has not made any purchases of the company's stock. This recent transaction is part of a broader trend where Monster Beverage Corp has seen a total of 11 insider sales and no insider buys over the past year.

Shares of Monster Beverage Corp were trading at $56.21 on the day of the transaction. The company's market cap is approximately $54.42 billion. The price-earnings ratio stands at 35.87, which is above the industry median of 17.575.

According to the GF Value, the intrinsic value of Monster Beverage Corp is estimated at $62.70 per share, suggesting that the stock is Modestly Undervalued with a price-to-GF-Value ratio of 0.9.

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The GF Value is calculated considering historical trading multiples such as the price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.

This sale by the insider might be of interest to current and potential investors, as it provides insight into the insider's perspective on the stock's valuation and future prospects.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.