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Monster Beverage CFO Thomas Kelly sells $617k in stock
Thomas J. Kelly, CFO of Monster Beverage Corp (MNST), sold 8,000 shares of common stock for $617,760 on March 13, 2026. This sale occurred while the stock was trading near its transaction price of $77.22, with the company’s P/E ratio at 39.92. Despite the stock sale, Monster Beverage has reported strong financial results, with Jefferies and TD Cowen raising price targets due to sales exceeding expectations.