monday.com Ltd. $MNDY Shares Sold by Harbour Investments Inc.

Harbour Investments Inc. trimmed its position in monday.com Ltd. (NASDAQ:MNDY) by 52.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 798 shares of the company’s stock after selling 897 shares during the period. Harbour Investments Inc.’s holdings in monday.com were worth $251,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. Spire Wealth Management grew its position in monday.com by 7.9% during the 1st quarter. Spire Wealth Management now owns 572 shares of the company’s stock worth $139,000 after purchasing an additional 42 shares during the period. CWM LLC boosted its stake in shares of monday.com by 31.3% during the 2nd quarter. CWM LLC now owns 210 shares of the company’s stock worth $66,000 after acquiring an additional 50 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in shares of monday.com by 32.7% during the 1st quarter. Farther Finance Advisors LLC now owns 211 shares of the company’s stock worth $55,000 after acquiring an additional 52 shares in the last quarter. Dakota Wealth Management boosted its stake in shares of monday.com by 3.0% during the 2nd quarter. Dakota Wealth Management now owns 1,793 shares of the company’s stock worth $564,000 after acquiring an additional 52 shares in the last quarter. Finally, Mesirow Financial Investment Management Inc. boosted its stake in shares of monday.com by 6.1% during the 1st quarter. Mesirow Financial Investment Management Inc. now owns 950 shares of the company’s stock worth $231,000 after acquiring an additional 55 shares in the last quarter. 73.70% of the stock is owned by institutional investors and hedge funds.

monday.com Price Performance

MNDY opened at $192.28 on Wednesday. The company’s 50 day simple moving average is $188.68 and its two-hundred day simple moving average is $246.97. monday.com Ltd. has a 1-year low of $166.22 and a 1-year high of $342.64. The firm has a market capitalization of $9.76 billion, a price-to-earnings ratio of 259.84, a price-to-earnings-growth ratio of 8.79 and a beta of 1.24.

monday.com (NASDAQ:MNDY) last released its earnings results on Monday, August 11th. The company reported $1.09 earnings per share for the quarter, topping analysts’ consensus estimates of $0.84 by $0.25. monday.com had a net margin of 3.63% and a return on equity of 6.32%. The business had revenue of $299.01 million for the quarter, compared to analyst estimates of $293.60 million. During the same period last year, the company posted $0.94 EPS. The business’s revenue 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, equities analysts anticipate that monday.com Ltd. will post 0.46 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently issued reports on MNDY. Robert W. Baird lowered their target price on shares of monday.com from $310.00 to $240.00 and set an “outperform” rating on the stock in a research note on Tuesday, August 12th. Cowen reaffirmed a “buy” rating on shares of monday.com in a research note on Tuesday, August 12th. Needham & Company LLC reaffirmed a “buy” rating and issued a $250.00 price target on shares of monday.com in a research note on Thursday, September 18th. TD Cowen decreased 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. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of monday.com in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $290.81.

monday.com Company Profile

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.