MAY 23·MarketBeat→
Mizuho Markets Americas LLC Has $36.73 Million Position in PepsiCo, Inc. $PEP
Mizuho Markets Americas LLC significantly reduced its stake in PepsiCo, Inc. by 75.9% in the fourth quarter, though it still holds shares valued at $36.73 million. This comes as PepsiCo reported better-than-expected quarterly earnings, raising its dividend and authorizing a $10 billion share buyback program. The company faces both positive sentiment regarding its growth and defensive qualities, as well as negative sentiment due to ongoing margin pressures from increased costs and tariff uncertainty.
MAY 23·MarketBeat→
Platt Wealth Management LLC Takes Position in Monster Beverage Corporation $MNST
Platt Wealth Management LLC has acquired a new stake in Monster Beverage Corporation (NASDAQ:MNST), purchasing 96,834 shares worth approximately $7.4 million, making it their third-largest holding. This comes as Monster Beverage reported strong fourth-quarter earnings, beating estimates with $0.58 EPS and 22.6% revenue growth, and announced a $500 million share buyback. Despite positive company performance and analyst ratings of "Moderate Buy," some insiders have been selling shares.
