CIBC Bancorp USA Inc. acquired a new stake in shares of monday.com Ltd. (NASDAQ:MNDY – Free Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 195,151 shares of the company’s stock, valued at approximately $37,799,000. CIBC Bancorp USA Inc. owned about 0.38% of monday.com as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also modified their holdings of the stock. NewEdge Advisors LLC lifted its holdings in shares of monday.com by 2,120.0% during the first 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. Promus Capital LLC acquired a new stake in monday.com during the 2nd quarter worth about $45,000. Advisory Services Network LLC purchased a new stake in monday.com during the third quarter valued at about $28,000. EverSource Wealth Advisors LLC lifted its stake in monday.com by 76.5% during the second quarter. EverSource Wealth Advisors LLC now owns 150 shares of the company’s stock valued at $47,000 after buying an additional 65 shares in the last quarter. Finally, Allworth Financial LP boosted its holdings in shares of monday.com by 219.6% in the second quarter. Allworth Financial LP now owns 163 shares of the company’s stock worth $51,000 after buying an additional 112 shares during the period. 73.70% of the stock is currently owned by institutional investors and hedge funds.
monday.com Stock Up 1.2%
Shares of MNDY stock opened at $75.28 on Wednesday. The company has a market cap of $3.82 billion, a PE ratio of 33.46, a price-to-earnings-growth ratio of 1.38 and a beta of 1.31. monday.com Ltd. has a 12 month low of $68.68 and a 12 month high of $316.98. The business’s 50 day moving average is $98.15 and its two-hundred day moving average is $147.17.
Trending Headlines about monday.com
Here are the key news stories impacting monday.com this week:
- Positive Sentiment: Zacks reports that monday.com outperformed the broader market in the latest session, noting the stock settled higher. This short‑term relative strength can attract momentum traders. Read More.
- Negative Sentiment: Multiple law firms have filed or promoted class actions alleging securities violations tied to disclosures between Sept. 17, 2025 and Feb. 6, 2026 — and numerous firms are soliciting lead‑plaintiff candidates. The concentration of filings and reminders increases litigation risk, potential legal costs, distraction for management, and investor uncertainty. Representative notices/announcements: Read More., Read More., Read More., and additional firm notices from Schall, Faruqi, Robbins and others. Read More.
- Negative Sentiment: Press coverage frames the litigation wave as a threat to monday.com’s growth story and investor confidence, which can pressure the multiple and heighten short‑term volatility. See analysis: Read More.
Analysts Set New Price Targets
Several analysts have issued reports on MNDY shares. Canaccord Genuity Group cut their target price on shares of monday.com from $190.00 to $140.00 and set a “buy” rating on the stock in a research note on Tuesday, February 10th. DA Davidson set a $100.00 price target on shares of monday.com in a report on Tuesday, February 10th. UBS Group cut their price objective on monday.com from $140.00 to $93.00 and set a “neutral” rating for the company in a report on Tuesday, February 10th. Loop Capital set a $80.00 price objective on monday.com in a research report on Tuesday, February 10th. Finally, Cantor Fitzgerald dropped their target price on monday.com from $148.00 to $95.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 10th. Nineteen equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $155.38.
Check Out Our Latest Research Report on monday.com
monday.com Profile
monday.com is a software-as-a-service (SaaS) company that provides a cloud-based Work Operating System (Work OS) designed to help teams plan, organize and track their work. The platform offers customizable workflows that support project management, task delegation, time tracking and collaboration across departments. monday.com’s visual interface enables users to create boards, automations and dashboards to centralize information and streamline processes without requiring extensive coding knowledge.
The company’s product portfolio includes monday Work OS, which can be adapted for use cases ranging from marketing campaign management and sales pipelines to software development sprints and human resources onboarding.
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