Signaturefd LLC Increases Position in monday.com Ltd. $MNDY

Signaturefd LLC increased its stake in monday.com Ltd. (NASDAQ:MNDY) by 97.2% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 428 shares of the company’s stock after purchasing an additional 211 shares during the quarter. Signaturefd LLC’s holdings in monday.com were worth $135,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in MNDY. GAMMA Investing LLC increased its holdings in shares of monday.com by 24,216.7% in the 1st quarter. GAMMA Investing LLC now owns 1,459 shares of the company’s stock valued at $355,000 after purchasing an additional 1,453 shares in the last quarter. Rhumbline Advisers increased its holdings in shares of monday.com by 6.4% in the 1st quarter. Rhumbline Advisers now owns 11,232 shares of the company’s stock valued at $2,731,000 after purchasing an additional 671 shares in the last quarter. RFG Advisory LLC increased its holdings in shares of monday.com by 12.4% in the 1st quarter. RFG Advisory LLC now owns 1,903 shares of the company’s stock valued at $463,000 after purchasing an additional 210 shares in the last quarter. Toth Financial Advisory Corp purchased a new position in shares of monday.com in the 1st quarter valued at about $280,000. Finally, Farther Finance Advisors LLC increased its holdings in shares of monday.com by 32.7% in the 1st quarter. Farther Finance Advisors LLC now owns 211 shares of the company’s stock valued at $55,000 after purchasing an additional 52 shares in the last quarter. Hedge funds and other institutional investors own 73.70% of the company’s stock.

monday.com Stock Performance

monday.com stock opened at $183.57 on Friday. The stock’s 50 day moving average price is $203.42 and its 200 day moving average price is $252.99. The firm has a market capitalization of $9.32 billion, a PE ratio of 248.07, a price-to-earnings-growth ratio of 8.61 and a beta of 1.24. monday.com Ltd. has a one year low of $166.22 and a one year high of $342.64.

monday.com (NASDAQ:MNDY) last released its quarterly earnings results on Monday, August 11th. The company reported $1.09 EPS for the quarter, topping the consensus estimate of $0.84 by $0.25. monday.com had a return on equity of 6.32% and a net margin of 3.63%.The firm had revenue of $299.01 million for the quarter, compared to analyst estimates of $293.60 million. During the same period in the previous year, the company posted $0.94 EPS. monday.com’s revenue for the quarter was up 26.6% on a year-over-year basis. monday.com has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, analysts forecast that monday.com Ltd. will post 0.46 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have recently weighed in on MNDY shares. DA Davidson dropped their price target on monday.com from $325.00 to $275.00 and set a “buy” rating for the company in a research report on Tuesday, August 12th. Barclays dropped their price target on monday.com from $345.00 to $258.00 and set an “overweight” rating for the company in a research report on Tuesday, August 12th. Needham & Company LLC restated a “buy” rating and issued a $250.00 price target on shares of monday.com in a research report on Thursday, September 18th. The Goldman Sachs Group dropped their price target on monday.com from $350.00 to $270.00 and set a “buy” rating for the company in a research report on Wednesday, August 13th. Finally, KeyCorp restated an “overweight” rating and issued a $330.00 price target on shares of monday.com in a research report on Monday, August 11th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $292.36.

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.