monday.com Ltd. $MNDY Holdings Decreased by Graham Capital Management L.P.

Key Points

• Graham Capital Management L.P. decreased its holdings in monday.com by 22.6%, owning 8,533 shares worth approximately $2.08 million after selling 2,495 shares in the first quarter.
• monday.com reported earnings of $1.09 per share for its latest quarter, exceeding analyst expectations and marking a revenue increase of 26.6% year-over-year.
• Analysts have mixed ratings on monday.com, with one strong buy, twenty-two buy, two hold, and one sell, while the consensus rating remains a "Moderate Buy" with an average target price of $303.59.

Graham Capital Management L.P. cut its stake in shares of monday.com Ltd. (NASDAQ:MNDY - Free Report) by 22.6% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 8,533 shares of the company's stock after selling 2,495 shares during the period. Graham Capital Management L.P.'s holdings in monday.com were worth $2,075,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. ASR Vermogensbeheer N.V. acquired a new position in monday.com in the first quarter valued at $25,000. Summit Securities Group LLC purchased a new position in shares of monday.com in the 1st quarter worth about $25,000. Grove Bank & Trust acquired a new position in shares of monday.com in the 1st quarter valued at about $30,000. First Horizon Advisors Inc. lifted its stake in shares of monday.com by 72.9% in the 1st quarter. First Horizon Advisors Inc. now owns 166 shares of the company's stock valued at $40,000 after purchasing an additional 70 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its holdings in shares of monday.com by 32.7% during the 1st quarter. Farther Finance Advisors LLC now owns 211 shares of the company's stock worth $55,000 after purchasing an additional 52 shares during the period. 73.70% of the stock is currently owned by institutional investors and hedge funds.

monday.com Stock Up 1.8%

Shares of MNDY traded up $3.31 during trading on Friday, reaching $185.73. The company's stock had a trading volume of 956,115 shares, compared to its average volume of 937,550. The company has a market cap of $9.43 billion, a price-to-earnings ratio of 250.99, a P/E/G ratio of 11.13 and a beta of 1.25. The company has a fifty day moving average of $245.06 and a two-hundred day moving average of $264.57. monday.com Ltd. has a twelve month low of $166.22 and a twelve month high of $342.64.

monday.com (NASDAQ:MNDY - Get Free Report) last issued its quarterly earnings results on Monday, August 11th. The company reported $1.09 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.84 by $0.25. The business had revenue of $299.01 million during the quarter, compared to analyst estimates of $293.60 million. monday.com had a net margin of 3.63% and a return on equity of 6.32%. The business's revenue was up 26.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.94 earnings per share. monday.com has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, equities analysts forecast that monday.com Ltd. will post 0.46 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts recently commented on MNDY shares. DA Davidson cut their price target on shares of monday.com from $325.00 to $275.00 and set a "buy" rating on the stock in a report on Tuesday, August 12th. Wells Fargo & Company set a $365.00 price objective on shares of monday.com and gave the stock an "overweight" rating in a research report on Friday, June 13th. UBS Group reduced their target price on shares of monday.com from $310.00 to $215.00 and set a "neutral" rating on the stock in a report on Tuesday, August 12th. Zacks Research cut shares of monday.com from a "hold" rating to a "strong sell" rating in a research report on Friday, August 22nd. Finally, Jefferies Financial Group cut their price objective on monday.com from $360.00 to $330.00 and set a "buy" rating on the stock in a research report on Monday, August 11th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $303.59.

About monday.com

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.