Emelie Tirre, Chief Strategy Officer at Monster Beverage Corp (NASDAQ:MNST), sold a total of 98,700 shares of common stock for approximately $8,482,052 over two days in May 2026.
On May 13, Tirre sold 88,700 shares at a weighted average price of $85.96 per share, with trades ranging from $85.72 to $86.27. The next day, May 14, she sold an additional 10,000 shares at a weighted average price of $85.74 per share (range: $85.73-$85.80).
The sales come as Monster Beverage shares trade near their 52-week high of $88.77, with the stock delivering a 40% return over the past year. According to Bond.az analysis, the stock appears overvalued. The company maintains impressive gross profit margins of 55%.
These sales were preceded or accompanied by the acquisition of 90,948 shares through employee stock options on May 13 and 14, 2026, at exercise prices ranging from $36.62 to $60.30 per share, totaling approximately $4,102,814.
Following these transactions, Tirre directly holds 74,011 shares of common stock. She also holds various unexercised employee stock options and restricted stock units (RSUs) subject to future vesting schedules.
Monster Beverage reported first-quarter 2026 net sales of $2.35 billion (beating estimates of $2.15 billion) and EPS of $0.58 (vs. $0.53 expected). The company also announced a new $500 million share repurchase program.
