AMS Capital Ltda Raises Stake in monday.com Ltd. $MNDY

Key Points

• AMS Capital significantly increased its monday.com stake by 144.4% in the first quarter, reaching 67,172 shares valued at approximately $4.64 million. Institutional investors collectively own 73.7% of the company.
• Analyst sentiment remains broadly positive, with 17 Buy ratings, seven Holds and one Sell; monday.com has a consensus “Moderate Buy” rating and an average price target of $126.04.
• monday.com reported quarterly earnings of $1.15 per share on $351.26 million in revenue, with a 9.17% net margin. Its shares opened at $87.15, while the stock’s 12-month range is $57.50 to $279.68.

AMS Capital Ltda raised its holdings in shares of monday.com Ltd. (NASDAQ:MNDY - Free Report) by 144.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 67,172 shares of the company's stock after buying an additional 39,692 shares during the period. monday.com comprises approximately 1.8% of AMS Capital Ltda's portfolio, making the stock its 14th largest position. AMS Capital Ltda owned about 0.13% of monday.com worth $4,642,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Capital World Investors boosted its stake in shares of monday.com by 91.4% during the 4th quarter. Capital World Investors now owns 3,286,461 shares of the company's stock valued at $484,950,000 after purchasing an additional 1,569,198 shares in the last quarter. Renaissance Technologies LLC grew its position in shares of monday.com by 93.3% in the 1st quarter. Renaissance Technologies LLC now owns 2,181,990 shares of the company's stock worth $150,797,000 after buying an additional 1,052,900 shares during the period. T. Rowe Price Investment Management Inc. increased its stake in shares of monday.com by 15.0% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,274,910 shares of the company's stock worth $188,126,000 after acquiring an additional 165,996 shares in the last quarter. Baillie Gifford & Co. increased its stake in shares of monday.com by 2.2% in the 4th quarter. Baillie Gifford & Co. now owns 723,655 shares of the company's stock worth $106,783,000 after acquiring an additional 15,377 shares in the last quarter. Finally, State Street Corp lifted its position in monday.com by 3.8% during the 4th quarter. State Street Corp now owns 688,751 shares of the company's stock valued at $101,632,000 after acquiring an additional 25,009 shares during the period. Hedge funds and other institutional investors own 73.70% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on MNDY. UBS Group lowered their price target on monday.com from $93.00 to $85.00 and set a "neutral" rating for the company in a research report on Tuesday, May 12th. Piper Sandler raised their price objective on shares of monday.com from $85.00 to $90.00 and gave the company a "neutral" rating in a research note on Monday, May 11th. Wall Street Zen raised shares of monday.com from a "hold" rating to a "buy" rating in a report on Sunday, July 12th. Guggenheim set a $130.00 target price on shares of monday.com and gave the stock a "buy" rating in a research note on Thursday, April 9th. Finally, Canaccord Genuity Group cut their price target on shares of monday.com from $140.00 to $115.00 and set a "buy" rating on the stock in a report on Tuesday, May 12th. Seventeen investment 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.com, monday.com currently has a consensus rating of "Moderate Buy" and an average target price of $126.04.

monday.com Stock Performance

Shares of NASDAQ:MNDY opened at $87.15 on Monday. The stock has a 50 day moving average of $79.52 and a 200 day moving average of $81.02. The company has a market cap of $4.46 billion, a PE ratio of 37.89, a price-to-earnings-growth ratio of 4.36 and a beta of 1.24. monday.com Ltd. has a 12-month low of $57.50 and a 12-month high of $279.68.

monday.com (NASDAQ:MNDY - Get Free Report) last announced its quarterly earnings data on Friday, March 13th. The company reported $1.15 EPS for the quarter. The firm had revenue of $351.26 million for the quarter. monday.com had a net margin of 9.17% and a return on equity of 5.10%. Equities research analysts predict that monday.com Ltd. will post 1.59 earnings per share for the current fiscal year.

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.

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