NewEdge Wealth LLC Makes New Investment in monday.com Ltd. $MNDY

NewEdge Wealth LLC purchased a new position in monday.com Ltd. (NASDAQ:MNDY) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 38,187 shares of the company’s stock, valued at approximately $5,635,000.

Several other large investors also recently modified their holdings of the business. WCM Investment Management LLC grew its holdings in shares of monday.com by 2.8% during the third quarter. WCM Investment Management LLC now owns 4,184,745 shares of the company’s stock worth $843,519,000 after buying an additional 115,353 shares in the last quarter. Ibex Investors LLC bought a new position in shares of monday.com during the third quarter worth about $34,864,000. Baillie Gifford & Co. grew its holdings in shares of monday.com by 136.5% during the third quarter. Baillie Gifford & Co. now owns 708,278 shares of the company’s stock worth $137,186,000 after buying an additional 408,848 shares in the last quarter. TenCore Partners LP grew its holdings in shares of monday.com by 42.2% during the third quarter. TenCore Partners LP now owns 141,390 shares of the company’s stock worth $27,386,000 after buying an additional 41,935 shares in the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. grew its holdings in shares of monday.com by 17.9% during the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 79,009 shares of the company’s stock worth $15,303,000 after buying an additional 12,000 shares in the last quarter. 73.70% of the stock is currently owned by institutional investors.

Key monday.com News

Here are the key news stories impacting monday.com this week:

• Neutral Sentiment: Multiple law firms issued reminders that investors who bought monday.com shares between September 17, 2025 and February 6, 2026 may have until May 11, 2026 to seek lead-plaintiff status or join a securities fraud class action. Article Title
• Neutral Sentiment: Additional firms, including Faruqi & Faruqi, The Gross Law Firm, Rosen, Bragar Eagel & Squire, Frank R. Cruz, Schall, Pomerantz, and Bernstein Liebhard, continued promoting class-action claims and deadline reminders, keeping legal concerns front and center for MNDY shareholders. Article Title
• Negative Sentiment: The stock was already moving lower recently, with a market note saying monday.com “sinks as market gains,” reflecting continued weakness that may be tied to the broader legal overhang and investor caution. Article Title

monday.com Stock Performance

Shares of NASDAQ MNDY opened at $72.07 on Monday. The stock has a 50 day moving average price of $70.52 and a 200 day moving average price of $116.62. monday.com Ltd. has a 52 week low of $57.50 and a 52 week high of $316.98. The stock has a market capitalization of $3.69 billion, a PE ratio of 32.03, a price-to-earnings-growth ratio of 1.44 and a beta of 1.17.

monday.com (NASDAQ:MNDY) last issued its quarterly earnings results on Monday, February 9th. The company reported $1.04 EPS for the quarter, beating the consensus estimate of $0.91 by $0.13. monday.com had a return on equity of 4.80% and a net margin of 9.64%.The firm had revenue of $333.88 million during the quarter, compared to analysts’ expectations of $329.71 million. During the same period in the prior year, the firm posted $1.08 earnings per share. The business’s quarterly revenue was up 24.6% compared to the same quarter last year. As a group, research analysts forecast that monday.com Ltd. will post 1.83 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on MNDY shares. Weiss Ratings reiterated a “sell (d)” rating on shares of monday.com in a report on Thursday, January 22nd. BTIG Research decreased their price objective on monday.com from $210.00 to $135.00 and set a “buy” rating for the company in a report on Tuesday, February 10th. Citigroup decreased their price objective on monday.com from $230.00 to $176.00 and set a “buy” rating for the company in a report on Tuesday, February 10th. Cantor Fitzgerald decreased their price objective on monday.com from $148.00 to $95.00 and set an “overweight” rating for the company in a report on Tuesday, February 10th. Finally, Piper Sandler reiterated a “neutral” rating and set a $85.00 price objective (down from $100.00) on shares of monday.com in a report on Tuesday, April 14th. Seventeen analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, monday.com has a consensus rating of “Moderate Buy” and an average price target of $144.09.

monday.com Company 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.