monday.com Ltd. $MNDY Shares Sold by Wincap Financial LLC

Wincap Financial LLC lessened its stake in monday.com Ltd. (NASDAQ:MNDY) by 7.7% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 2,181 shares of the company’s stock after selling 181 shares during the quarter. Wincap Financial LLC’s holdings in monday.com were worth $686,000 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in MNDY. ASR Vermogensbeheer N.V. acquired a new stake in monday.com in the first quarter valued at approximately $25,000. Summit Securities Group LLC acquired a new position in monday.com during the 1st quarter worth approximately $25,000. NewEdge Advisors LLC increased its position in shares of monday.com by 2,120.0% in the 1st quarter. NewEdge Advisors LLC now owns 111 shares of the company’s stock valued at $27,000 after purchasing an additional 106 shares during the last quarter. Hazlett Burt & Watson Inc. raised its holdings in shares of 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 in the last quarter. Finally, First Horizon Advisors Inc. raised its holdings in shares of monday.com by 72.9% in the 1st quarter. First Horizon Advisors Inc. now owns 166 shares of the company’s stock valued at $40,000 after purchasing an additional 70 shares in the last quarter. 73.70% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. Bank of America reiterated a “neutral” rating and set a $205.00 target price (down previously from $240.00) on shares of monday.com in a research note on Thursday, August 21st. Citigroup upped their price objective on monday.com from $326.00 to $332.00 and gave the stock a “buy” rating in a research report on Tuesday, September 30th. Baird R W upgraded monday.com from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 6th. Needham & Company LLC restated a “buy” rating and set a $250.00 target price on shares of monday.com in a research note on Thursday, September 18th. Finally, TD Cowen dropped their price target 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. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $290.81.

monday.com Stock Performance

monday.com stock opened at $198.78 on Tuesday. The company has a market capitalization of $10.09 billion, a P/E ratio of 268.63, a PEG ratio of 9.93 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 stock has a 50-day simple moving average of $190.14 and a 200-day simple moving average of $246.05.

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 company had revenue of $299.01 million for the quarter, compared to analyst estimates of $293.60 million. During the same quarter in the previous year, the company posted $0.94 earnings per share. The firm’s revenue was up 26.6% compared to the same quarter last year. monday.com has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, analysts forecast 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.