Yousif Capital Management LLC boosted its holdings in monday.com Ltd. (NASDAQ:MNDY – Free Report) by 8.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,103 shares of the company’s stock after purchasing an additional 155 shares during the quarter. Yousif Capital Management LLC’s holdings in monday.com were worth $661,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Hazlett Burt & Watson Inc. raised its position in monday.com by 60.0% in the 2nd quarter. Hazlett Burt & Watson Inc. now owns 160 shares of the company’s stock valued at $50,000 after purchasing an additional 60 shares during the last quarter. Legal Advantage Investments Inc. increased its stake in monday.com by 14.3% in the 2nd quarter. Legal Advantage Investments Inc. now owns 2,400 shares of the company’s stock valued at $755,000 after buying an additional 300 shares during the period. CWM LLC increased its stake in monday.com by 31.3% in the 2nd quarter. CWM LLC now owns 210 shares of the company’s stock valued at $66,000 after buying an additional 50 shares during the period. Vanguard Personalized Indexing Management LLC increased its stake in monday.com by 41.4% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 4,182 shares of the company’s stock valued at $1,343,000 after buying an additional 1,224 shares during the period. Finally, IFP Advisors Inc increased its stake in monday.com by 142.1% in the 2nd quarter. IFP Advisors Inc now owns 828 shares of the company’s stock valued at $260,000 after buying an additional 486 shares during the period. Hedge funds and other institutional investors own 73.70% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities analysts have issued reports on MNDY shares. Cantor Fitzgerald dropped their price objective on shares of monday.com from $286.00 to $257.00 and set an “overweight” rating on the stock in a research note on Thursday, September 18th. The Goldman Sachs Group dropped their price objective on shares of monday.com from $350.00 to $270.00 and set a “buy” rating on the stock in a research note on Wednesday, August 13th. TD Cowen dropped their price objective on shares of monday.com from $360.00 to $290.00 and set a “buy” rating on the stock in a research note on Tuesday, August 12th. Morgan Stanley raised shares of monday.com from an “equal weight” rating to an “overweight” rating and dropped their price objective for the company from $330.00 to $260.00 in a research note on Tuesday, August 12th. Finally, Citigroup upped their price target on shares of monday.com from $326.00 to $332.00 and gave the stock a “buy” rating in a research note on Tuesday, September 30th. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, monday.com has a consensus rating of “Moderate Buy” and a consensus target price of $290.81.
monday.com Stock Down 0.8%
NASDAQ:MNDY opened at $190.68 on Thursday. The stock has a market cap of $9.68 billion, a PE ratio of 257.68, a price-to-earnings-growth ratio of 9.09 and a beta of 1.24. monday.com Ltd. has a fifty-two week low of $166.22 and a fifty-two week high of $342.64. The firm’s fifty day simple moving average is $188.92 and its 200-day simple moving average is $246.59.
monday.com (NASDAQ:MNDY – Get Free Report) last issued its quarterly earnings data on Monday, August 11th. The company reported $1.09 EPS for the quarter, beating analysts’ consensus estimates of $0.84 by $0.25. The firm had revenue of $299.01 million for the quarter, compared to analysts’ expectations of $293.60 million. monday.com had a net margin of 3.63% and a return on equity of 6.32%. The firm’s revenue was up 26.6% on a year-over-year basis. During the same period in the prior year, the company earned $0.94 EPS. monday.com has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Equities analysts anticipate that monday.com Ltd. will post 0.46 earnings per share for the current year.
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.
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