Robeco Institutional Asset Management B.V. Has $13.48 Million Holdings in monday.com Ltd. $MNDY

Key Points

• Robeco Institutional Asset Management B.V. increased its holdings in monday.com Ltd. by 74.7% in Q2, now owning 42,849 shares valued at approximately $13.48 million.
• Various institutional investors have also boosted their stakes, with notable increases from Rubicon Global Capital Ltd., which raised its holdings by 155.3%.
• monday.com reported strong quarterly earnings, with a 26.6% revenue increase year-over-year and an earnings beat of $1.09 per share, surpassing expectations of $0.84.

Robeco Institutional Asset Management B.V. lifted its holdings in monday.com Ltd. (NASDAQ:MNDY - Free Report) by 74.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 42,849 shares of the company's stock after purchasing an additional 18,323 shares during the quarter. Robeco Institutional Asset Management B.V. owned 0.08% of monday.com worth $13,475,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. BloombergSen Inc. increased its stake in monday.com by 38.4% in the 2nd quarter. BloombergSen Inc. now owns 5,879 shares of the company's stock valued at $1,849,000 after buying an additional 1,630 shares during the last quarter. Truist Financial Corp grew its holdings in shares of monday.com by 36.8% in the 2nd quarter. Truist Financial Corp now owns 4,759 shares of the company's stock valued at $1,497,000 after acquiring an additional 1,280 shares in the last quarter. Chicago Capital LLC grew its holdings in shares of monday.com by 3.6% in the 2nd quarter. Chicago Capital LLC now owns 1,580 shares of the company's stock valued at $497,000 after acquiring an additional 55 shares in the last quarter. Janney Montgomery Scott LLC acquired a new stake in shares of monday.com in the second quarter valued at about $260,000. Finally, Rubicon Global Capital Ltd raised its holdings in monday.com by 155.3% during the second quarter. Rubicon Global Capital Ltd now owns 1,442,900 shares of the company's stock worth $453,763,000 after acquiring an additional 877,700 shares in the last quarter. Institutional investors and hedge funds own 73.70% of the company's stock.

monday.com Price Performance

Shares of NASDAQ:MNDY opened at $183.57 on Friday. The company has a market capitalization of $9.32 billion, a P/E ratio of 248.07, a P/E/G ratio of 8.68 and a beta of 1.24. monday.com Ltd. has a 1 year low of $166.22 and a 1 year high of $342.64. The business's 50 day simple moving average is $203.42 and its 200 day simple moving average is $252.92.

monday.com (NASDAQ:MNDY - Get Free Report) last announced its quarterly earnings data on Monday, August 11th. The company reported $1.09 earnings per share for the quarter, beating the consensus estimate of $0.84 by $0.25. The firm had revenue of $299.01 million during the quarter, compared to analysts' expectations of $293.60 million. monday.com had a return on equity of 6.32% and a net margin of 3.63%.The company's quarterly revenue was up 26.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.94 EPS. monday.com has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, sell-side analysts anticipate that monday.com Ltd. will post 0.46 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have weighed in on MNDY shares. Needham & Company LLC restated a "buy" rating and issued a $250.00 price target on shares of monday.com in a research note on Thursday, September 18th. Oppenheimer initiated coverage on shares of monday.com in a research note on Wednesday, August 27th. They issued an "outperform" rating and a $300.00 target price for the company. KeyCorp reaffirmed an "overweight" rating and set a $330.00 price target on shares of monday.com in a research report on Monday, August 11th. TD Cowen cut their price target on shares of monday.com from $360.00 to $290.00 and set a "buy" rating for the company in a research note on Tuesday, August 12th. Finally, Barclays decreased their price objective on shares of monday.com from $345.00 to $258.00 and set an "overweight" rating for the company in a research report on Tuesday, August 12th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $292.36.

monday.com Profile

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.

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