Capital Fund Management S.A. Buys 39,536 Shares of monday.com Ltd. $MNDY

Capital Fund Management S.A. lifted its stake in monday.com Ltd. (NASDAQ:MNDY) by 121.5% in the first quarter, Holdings Channel.com reports. The firm owned 72,064 shares of the company’s stock after buying an additional 39,536 shares during the period. Capital Fund Management S.A.’s holdings in monday.com were worth $17,523,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. ASR Vermogensbeheer N.V. bought a new stake in monday.com in the first quarter worth $25,000. Summit Securities Group LLC purchased a new stake in shares of monday.com in the first quarter valued at $25,000. Grove Bank & Trust bought a new stake in shares of monday.com in the 1st quarter worth about $30,000. First Horizon Advisors Inc. boosted its stake in shares of monday.com by 72.9% during the 1st quarter. First Horizon Advisors Inc. now owns 166 shares of the company’s stock worth $40,000 after purchasing an additional 70 shares during the period. Finally, Signaturefd LLC grew its holdings in monday.com by 50.7% during the 1st quarter. Signaturefd LLC now owns 217 shares of the company’s stock valued at $53,000 after purchasing an additional 73 shares during the last quarter. Institutional investors own 73.70% of the company’s stock.

monday.com Trading Down 1.5%

Shares of MNDY stock opened at $173.37 on Thursday. monday.com Ltd. has a twelve month low of $171.54 and a twelve month high of $342.64. The stock has a fifty day simple moving average of $268.92 and a two-hundred day simple moving average of $272.86. The stock has a market capitalization of $8.80 billion, a price-to-earnings ratio of 234.29, a P/E/G ratio of 5.92 and a beta of 1.27.

monday.com (NASDAQ:MNDY) last announced its quarterly earnings results on Monday, August 11th. The company reported $1.09 EPS for the quarter, beating 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 quarter last year, the firm posted $0.94 earnings per share. The business’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. Research analysts predict that monday.com Ltd. will post 0.46 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have issued reports on MNDY shares. Loop Capital decreased their price objective on shares of monday.com from $385.00 to $375.00 and set a “buy” rating for the company in a research note on Tuesday, May 13th. JPMorgan Chase & Co. decreased their price target on monday.com from $400.00 to $350.00 and set an “overweight” rating for the company in a research note on Tuesday, May 6th. DA Davidson dropped their price objective on monday.com from $325.00 to $275.00 and set a “buy” rating for the company in a report on Tuesday, August 12th. Scotiabank increased their target price on monday.com from $315.00 to $330.00 and gave the stock a “sector outperform” rating in a research note on Friday, May 2nd. Finally, Bank of America lowered their target price on shares of monday.com from $340.00 to $240.00 and set a “buy” rating for the company in a research note on Tuesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, monday.com currently has an average rating of “Buy” and an average price target of $305.18.

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.