Migdal Insurance & Financial Holdings Ltd. grew its holdings in shares of monday.com Ltd. (NASDAQ:MNDY - Free Report) by 73.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 80,009 shares of the company's stock after acquiring an additional 34,000 shares during the quarter. Migdal Insurance & Financial Holdings Ltd. owned 0.16% of monday.com worth $19,455,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. WCM Investment Management LLC increased its position in monday.com by 0.4% during the 1st quarter. WCM Investment Management LLC now owns 4,078,985 shares of the company's stock worth $1,007,550,000 after purchasing an additional 17,371 shares in the last quarter. FMR LLC grew its stake in shares of monday.com by 78.7% during the fourth quarter. FMR LLC now owns 2,701,952 shares of the company's stock worth $636,147,000 after buying an additional 1,189,858 shares during the last quarter. Rubicon Global Capital Ltd bought a new stake in shares of monday.com during the first quarter worth $137,434,000. CIBC Private Wealth Group LLC increased its holdings in shares of monday.com by 264.1% during the fourth quarter. CIBC Private Wealth Group LLC now owns 555,929 shares of the company's stock worth $126,407,000 after buying an additional 403,255 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its stake in shares of monday.com by 23.8% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 499,950 shares of the company's stock valued at $117,708,000 after acquiring an additional 96,222 shares during the last quarter. Institutional investors own 73.70% of the company's stock.
monday.com Stock Up 0.7%
MNDY traded up $1.96 during midday trading on Friday, hitting $291.80. The company had a trading volume of 272,298 shares, compared to its average volume of 736,815. The company has a market capitalization of $14.81 billion, a price-to-earnings ratio of 297.76, a PEG ratio of 104.88 and a beta of 1.30. The stock's 50 day moving average price is $296.33 and its 200 day moving average price is $273.04. monday.com Ltd. has a 52 week low of $188.01 and a 52 week high of $342.64.
monday.com (NASDAQ:MNDY - Get Free Report) last posted its quarterly earnings results on Monday, May 12th. The company reported $1.10 earnings per share for the quarter, topping analysts' consensus estimates of $0.70 by $0.40. monday.com had a return on equity of 7.87% and a net margin of 5.08%. The business had revenue of $282.25 million for the quarter, compared to the consensus estimate of $275.93 million. During the same period in the prior year, the business earned $0.61 EPS. The firm's revenue for the quarter was up 30.2% on a year-over-year basis. Research analysts predict that monday.com Ltd. will post 0.46 EPS for the current year.
Analysts Set New Price Targets
A number of equities research analysts recently weighed in on the company. Morgan Stanley initiated coverage on monday.com in a research report on Tuesday, June 17th. They set an "equal weight" rating and a $330.00 price objective on the stock. Scotiabank boosted their target price on shares of monday.com from $315.00 to $330.00 and gave the stock a "sector outperform" rating in a report on Friday, May 2nd. JPMorgan Chase & Co. dropped their price target on shares of monday.com from $400.00 to $350.00 and set an "overweight" rating for the company in a research note on Tuesday, May 6th. Needham & Company LLC reissued a "buy" rating and issued a $400.00 price objective on shares of monday.com in a research note on Tuesday, May 13th. Finally, Wells Fargo & Company set a $365.00 price objective on monday.com and gave the company an "overweight" rating in a report on Friday, June 13th. Five equities research analysts have rated the stock with a hold rating and twenty have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $349.23.
View Our Latest Research Report on monday.com
monday.com Company Profile
(
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.
Read More
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 Summer 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.
