monday.com (NASDAQ:MNDY) Stock Acquired Rep. Robert Bresnahan, Jr.

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently bought shares of monday.com Ltd. (NASDAQ:MNDY). In a filing disclosed on April 22nd, the Representative disclosed that they had bought between $1,001 and $15,000 in monday.com stock on April 1st. The trade occurred in the Representative’s “JP MORGAN BROKERAGE ACCOUNT #2” account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Reddit (NYSE:RDDT) on 4/4/2025.
• Purchased $1,001 – $15,000 in shares of Okta (NASDAQ:OKTA) on 4/4/2025.
• Sold $1,001 – $15,000 in shares of Cloudflare (NYSE:NET) on 4/4/2025.
• Sold $1,001 – $15,000 in shares of SanDisk (NASDAQ:SNDK) on 4/4/2025.
• Sold $1,001 – $15,000 in shares of Robinhood Markets (NASDAQ:HOOD) on 4/3/2025.
• Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 4/3/2025.
• Sold $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 4/3/2025.
• Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 4/3/2025.
• Sold $1,001 – $15,000 in shares of Shopify (NYSE:SHOP) on 4/3/2025.
• Sold $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 4/2/2025.

monday.com Trading Up 4.3 %

Shares of MNDY opened at $247.99 on Thursday. monday.com Ltd. has a 52 week low of $179.02 and a 52 week high of $342.64. The firm has a market cap of $12.59 billion, a price-to-earnings ratio of 413.32, a PEG ratio of 16.53 and a beta of 1.34. The stock has a 50 day moving average of $261.57 and a 200-day moving average of $266.32.

monday.com (NASDAQ:MNDY) last posted its quarterly earnings results on Monday, February 10th. The company reported $0.50 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.28). monday.com had a return on equity of 6.22% and a net margin of 3.33%. On average, sell-side analysts predict that monday.com Ltd. will post 0.46 earnings per share for the current fiscal year.

Hedge Funds Weigh In On monday.com

Large investors have recently made changes to their positions in the business. Barclays PLC increased its stake in shares of monday.com by 225.8% during the 3rd quarter. Barclays PLC now owns 17,427 shares of the company’s stock worth $4,840,000 after purchasing an additional 12,078 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in monday.com in the third quarter worth $469,000. American Trust acquired a new position in monday.com during the third quarter worth $204,000. Principal Financial Group Inc. raised its holdings in monday.com by 35.8% during the third quarter. Principal Financial Group Inc. now owns 53,306 shares of the company’s stock valued at $14,807,000 after buying an additional 14,059 shares in the last quarter. Finally, CWA Asset Management Group LLC lifted its position in shares of monday.com by 17.2% in the fourth quarter. CWA Asset Management Group LLC now owns 3,199 shares of the company’s stock worth $753,000 after buying an additional 470 shares during the last quarter. Institutional investors and hedge funds own 73.70% of the company’s stock.

Analysts Set New Price Targets

MNDY has been the subject of a number of analyst reports. Wells Fargo & Company reduced their price objective on monday.com from $380.00 to $310.00 and set an “overweight” rating for the company in a research report on Tuesday. Needham & Company LLC increased their price objective on shares of monday.com from $350.00 to $400.00 and gave the stock a “buy” rating in a report on Monday, February 10th. The Goldman Sachs Group boosted their target price on shares of monday.com from $350.00 to $400.00 and gave the company a “buy” rating in a research note on Tuesday, February 11th. Canaccord Genuity Group lifted their price target on monday.com from $310.00 to $375.00 and gave the company a “buy” rating in a report on Tuesday, February 11th. Finally, KeyCorp raised monday.com from a “sector weight” rating to an “overweight” rating and set a $420.00 price objective for the company in a report on Tuesday, February 11th. Three research analysts have rated the stock with a hold rating and twenty-one have given a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $343.09.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania’s 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania’s 8th Congressional District. He declared candidacy for the 2026 election.

Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

About monday.com

monday.com Ltd., together with its subsidiaries, develops software applications in the United States, Europe, the Middle East, Africa, the United Kingdom, and internationally. The company provides Work OS, a cloud-based visual work operating system that consists of modular building blocks used and assembled to create software applications and work management tools.