Circle Wealth Management LLC purchased a new stake in monday.com Ltd. (NASDAQ:MNDY - Free Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 1,942 shares of the company's stock, valued at approximately $472,000.
A number of other hedge funds and other institutional investors have also modified their holdings of MNDY. ASR Vermogensbeheer N.V. acquired a new stake in monday.com during the 1st quarter worth about $25,000. Summit Securities Group LLC acquired a new stake in monday.com during the 1st quarter worth about $25,000. Grove Bank & Trust acquired a new stake in monday.com during the 1st quarter worth about $30,000. First Horizon Advisors Inc. boosted its position in 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 acquiring an additional 70 shares during the period. Finally, Signaturefd LLC boosted its position in monday.com by 50.7% during the 1st quarter. Signaturefd LLC now owns 217 shares of the company's stock worth $53,000 after acquiring an additional 73 shares during the period. Institutional investors and hedge funds own 73.70% of the company's stock.
monday.com Price Performance
Shares of MNDY stock traded up $6.43 during trading on Friday, reaching $177.89. The company had a trading volume of 1,056,648 shares, compared to its average volume of 1,857,320. The firm's 50 day simple moving average is $264.33 and its two-hundred day simple moving average is $271.93. monday.com Ltd. has a one year low of $166.22 and a one year high of $342.64. The company has a market capitalization of $9.03 billion, a PE ratio of 240.40, a PEG ratio of 10.69 and a beta of 1.27.
monday.com (NASDAQ:MNDY - Get Free Report) last issued its quarterly earnings data on Monday, August 11th. The company reported $1.09 earnings per share for the quarter, beating analysts' consensus estimates of $0.84 by $0.25. monday.com had a return on equity of 6.32% and a net margin of 3.63%.The business had revenue of $299.01 million for the quarter, compared to the consensus estimate of $293.60 million. During the same period last year, the business earned $0.94 EPS. The firm's revenue was up 26.6% compared to the same quarter last year. monday.com has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Analysts forecast that monday.com Ltd. will post 0.46 earnings per share for the current year.
Wall Street Analyst Weigh In
A number of research firms have recently weighed in on MNDY. Oppenheimer reaffirmed an "outperform" rating and set a $300.00 price target on shares of monday.com in a research note on Monday, August 11th. Jefferies Financial Group cut their price target on monday.com from $360.00 to $330.00 and set a "buy" rating for the company in a research note on Monday, August 11th. Needham & Company LLC reaffirmed a "buy" rating and set a $250.00 price target on shares of monday.com in a research note on Monday, August 18th. KeyCorp reaffirmed an "overweight" rating and set a $330.00 price target on shares of monday.com in a research note on Monday, August 11th. Finally, Canaccord Genuity Group cut their price target on monday.com from $350.00 to $255.00 and set a "buy" rating for the company in a research note on Tuesday, August 12th. One analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, monday.com has an average rating of "Moderate Buy" and a consensus target price of $303.59.
Get Our Latest Stock Report on MNDY
About monday.com
(
Free Report)
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.
Featured Articles
Before you consider monday.com, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and monday.com wasn't on the list.
While monday.com currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Fall 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
MarketBeat All Access