monday.com Ltd. $MNDY Stock Holdings Lessened by SG Americas Securities LLC

SG Americas Securities LLC cut its holdings in monday.com Ltd. (NASDAQ:MNDY) by 0.2% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 436,168 shares of the company’s stock after selling 989 shares during the period. monday.com comprises approximately 0.6% of SG Americas Securities LLC’s holdings, making the stock its 25th biggest position. SG Americas Securities LLC owned 0.86% of monday.com worth $137,166,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the business. Spire Wealth Management boosted its stake in monday.com by 7.5% in the second quarter. Spire Wealth Management now owns 615 shares of the company’s stock valued at $193,000 after acquiring an additional 43 shares during the period. CWM LLC lifted its holdings in shares of monday.com by 31.3% in the 2nd quarter. CWM LLC now owns 210 shares of the company’s stock worth $66,000 after purchasing an additional 50 shares during the last quarter. Dakota Wealth Management boosted its position in monday.com by 3.0% during the 2nd quarter. Dakota Wealth Management now owns 1,793 shares of the company’s stock valued at $564,000 after purchasing an additional 52 shares during the period. Mesirow Financial Investment Management Inc. boosted its position in monday.com by 6.1% during the 1st quarter. Mesirow Financial Investment Management Inc. now owns 950 shares of the company’s stock valued at $231,000 after purchasing an additional 55 shares during the period. Finally, Chicago Capital LLC grew its stake in monday.com by 3.6% during the 2nd quarter. Chicago Capital LLC now owns 1,580 shares of the company’s stock worth $497,000 after buying an additional 55 shares during the last quarter. Institutional investors own 73.70% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on MNDY. UBS Group set a $202.00 target price on monday.com in a research note on Tuesday. Citigroup reduced their price objective on shares of monday.com from $332.00 to $319.00 and set a “buy” rating for the company in a report on Tuesday. Zacks Research upgraded monday.com from a “strong sell” rating to a “hold” rating in a research report on Friday, October 10th. DA Davidson lowered their price target on monday.com from $275.00 to $250.00 and set a “buy” rating on the stock in a research report on Tuesday. Finally, Barclays cut their price objective on monday.com from $258.00 to $202.00 and set an “overweight” rating for the company in a report on Tuesday. One analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $270.19.

monday.com Stock Down 0.0%

MNDY opened at $160.54 on Friday. The firm has a market cap of $8.15 billion, a PE ratio of 130.52, a P/E/G ratio of 7.56 and a beta of 1.24. The business has a fifty day simple moving average of $190.64 and a 200-day simple moving average of $239.62. monday.com Ltd. has a fifty-two week low of $151.00 and a fifty-two week high of $342.64.

monday.com (NASDAQ:MNDY) last announced its earnings results on Monday, November 10th. The company reported $1.16 EPS for the quarter, beating the consensus estimate of $0.89 by $0.27. monday.com had a return on equity of 5.99% and a net margin of 5.58%.The business had revenue of $316.86 million during the quarter, compared to the consensus estimate of $312.26 million. During the same period in the prior year, the business posted $0.85 earnings per share. monday.com’s revenue was up 26.3% compared to the same quarter last year. monday.com has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. On average, equities research analysts anticipate that monday.com Ltd. will post 0.46 EPS for the current fiscal year.

monday.com 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.