monday.com Ltd. $MNDY Shares Sold by American Century Companies Inc.

American Century Companies Inc. lowered its stake in shares of monday.com Ltd. (NASDAQ:MNDY) by 8.8% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,391 shares of the company’s stock after selling 231 shares during the quarter. American Century Companies Inc.’s holdings in monday.com were worth $581,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in MNDY. ASR Vermogensbeheer N.V. acquired a new position in monday.com during the 1st quarter valued at approximately $25,000. Grove Bank & Trust acquired a new position in monday.com during the 1st quarter valued at approximately $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 valued at $40,000 after purchasing an additional 70 shares during the period. 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 valued at $53,000 after purchasing an additional 73 shares during the period. Finally, Farther Finance Advisors LLC boosted its position in monday.com by 32.7% during the 1st quarter. Farther Finance Advisors LLC now owns 211 shares of the company’s stock valued at $55,000 after purchasing an additional 52 shares during the period. Institutional investors and hedge funds own 73.70% of the company’s stock.

monday.com Stock Up 1.8%

Shares of monday.com stock opened at $185.73 on Friday. The stock’s fifty day moving average is $242.61 and its 200-day moving average is $263.63. The firm has a market capitalization of $9.43 billion, a PE ratio of 250.99, a price-to-earnings-growth ratio of 10.96 and a beta of 1.25. monday.com Ltd. has a 12-month low of $166.22 and a 12-month high of $342.64.

monday.com (NASDAQ:MNDY) last announced its 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 company had revenue of $299.01 million for the quarter, compared to analyst estimates of $293.60 million. monday.com had a return on equity of 6.32% and a net margin of 3.63%.monday.com’s revenue for the quarter was up 26.6% compared to the same quarter last year. During the same period 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. Analysts expect that monday.com Ltd. will post 0.46 EPS for the current year.

Analyst Ratings Changes

MNDY has been the subject of a number of analyst reports. KeyCorp restated an “overweight” rating and set a $330.00 price objective on shares of monday.com in a research report on Monday, August 11th. Piper Sandler reduced their price target on monday.com from $325.00 to $300.00 and set an “overweight” rating for the company in a research report on Tuesday, August 12th. Oppenheimer assumed coverage on monday.com in a research report on Wednesday, August 27th. They set an “outperform” rating and a $300.00 price target for the company. UBS Group reduced their price target on monday.com from $310.00 to $215.00 and set a “neutral” rating for the company in a research report on Tuesday, August 12th. Finally, Wall Street Zen lowered monday.com from a “buy” rating to a “hold” rating in a research report on Saturday, July 5th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, monday.com presently has an average rating of “Moderate Buy” and an average price target of $303.59.

monday.com Company 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.