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Vinva Investment Management Ltd Sells 51,539 Shares of Monster Beverage Corporation $MNST
Vinva Investment Management Ltd has reduced its stake in Monster Beverage Corporation (MNST) by 11%, selling 51,539 shares while still retaining 418,694 shares valued at $28.456 million. Other institutional investors have also adjusted their positions in MNST, which has a current market cap of $73.87 billion and a consensus “Moderate Buy” rating from analysts. The company recently beat earnings estimates with $0.51 EPS and $2.10 billion in revenue, representing a 17.6% year-over-year increase.