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Tirre Emelie: insider trades

Officer at Monster Beverage. No open-market purchases and 17 sales not made under a pre-set plan, reported from September 4, 2018 to May 15, 2026.

What happened after Tirre Emelie’s sales?

After their sales, the shares moved −2.9% against the index over 12 months on average (a negative figure means selling was the right call); 67% trailed it.

With 296 insiders tested, some will look skilled or unskilled by chance alone: when we replaced each insider’s stocks with random companies bought on the same days, about 5.7 cleared the bar ahead and 23.3 behind. One record on its own proves little.

Trade by trade

MeasuredTrades countedAverage vs S&P 500MedianWent the right wayYearst-statisticp-valueEvidence
Purchases, 3 months after the report 0 — — — — — — Not enough years
Purchases, 6 months after the report 0 — — — — — — Not enough years
Purchases, 12 months after the report 0 — — — — — — Not enough years
Purchases, 12 months after the trade 0 — — — — — — Not enough years
Sales, 3 months after the report 17 −1.1% −0.4% 53% 8 −0.73 0.49 No reliable evidence
Sales, 12 months after the report 15 −2.9% −5.3% 67% 7 −0.55 0.60 No reliable evidence
Sales, 12 months after the trade 15 −1.5% −5.6% 67% 7 −0.21 0.84 No reliable evidence

“Average vs S&P 500” is the stock’s return including dividends minus the index’s over the same dates, from the close on the first trading day after the report, or from the close on the trade date. Only windows that have finished are counted. For sales, a negative figure means the stock lagged after it was sold, so selling was the right call (green). “Went the right way” is the share of purchases that beat the index, or of sales that trailed it. The t-statistic uses one average per year of reports, because one person’s trades bunch into the same stock and weeks, and needs trades in at least four different years; the p-value comes from the t distribution with that number of years (with four years, a t of 2 has p = 0.14). “Some evidence” means p under 5%, “strong evidence” p under 1% over at least six years.

Companies traded

CompanyTitle on the latest filingPurchasesSalesFirst reportLatest report
Monster Beverage MNST Chief Strategy Officer017September 4, 2018May 15, 2026

Trades and what followed

Moves are against the S&P 500; green means the trade went the insider’s way.

ReportedTradedCompanyTradeValue3 months after report12 months after report12 months after trade
May 15, 2026May 13, 2026 MNST Sale $8,482,052 +2.9%not yetnot yet
December 16, 2025December 12, 2025 MNST Sale $2,199,300 +2.0%not yetnot yet
May 20, 2025May 16, 2025 MNST Sale $549,398 −7.4%+8.1%+12.5%
March 6, 2025March 4, 2025 MNST Sale $5,057,080 +10.8%+20.3%+20.4%
May 12, 2023May 10, 2023 MNST Sale $7,685,360 −10.2%−39.3%−34.2%
March 14, 2023March 13, 2023 MNST Sale $125,025 +1.5%−15.2%−14.6%
March 10, 2023March 8, 2023 MNST Sale $3,898,552 +2.5%−14.6%−15.4%
November 18, 2022November 16, 2022 MNST Sale $7,421,802 −0.4%−7.9%−5.3%
May 17, 2022May 13, 2022 MNST Sale $3,586,780 −4.3%+29.2%+31.0%
August 18, 2021August 16, 2021 MNST Sale $4,126,080 −12.7%−4.1%−3.7%
June 3, 2021June 3, 2021 MNST Sale $4,068,093 −5.3%−5.3%−5.9%
August 13, 2020August 11, 2020 MNST Sale $3,824,264 −5.7%−16.5%−12.9%
May 14, 2020May 12, 2020 MNST Sale $5,609,321 +8.0%−9.1%−8.0%
November 27, 2019November 25, 2019 MNST Sale $615,090 +10.6%+24.3%+25.4%
May 14, 2019May 10, 2019 MNST Sale $1,552,577 −11.1%+1.0%+1.8%
March 6, 2019March 5, 2019 MNST Sale $1,559,263 −0.4%−2.7%−5.6%
September 4, 2018August 30, 2018 MNST Sale $1,035,470 +0.2%−12.1%−7.4%

Open-market purchases and sales of at least $10,000 in companies we cover, from SEC Form 4 filings; sales made under a pre-set Rule 10b5-1 plan are not shown. “Not yet” means the window has not finished or the share price was under $5 at entry. These are the shares’ moves after each trade: they say nothing about why Tirre Emelie traded and do not suggest the use of non-public information. How every insider compares · the insider trading backtest.