Personal CFO Solutions LLC Acquires New Holdings in monday.com Ltd. $MNDY

Personal CFO Solutions LLC bought a new stake in shares of monday.com Ltd. (NASDAQ:MNDY) in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 2,900 shares of the company’s stock, valued at approximately $912,000.

Several other institutional investors and hedge funds also recently modified their holdings of MNDY. Cerity Partners LLC increased its stake in shares of monday.com by 12.1% during the 1st quarter. Cerity Partners LLC now owns 2,016 shares of the company’s stock worth $490,000 after purchasing an additional 218 shares in the last quarter. Cetera Investment Advisers grew its holdings in monday.com by 4.4% during the 1st quarter. Cetera Investment Advisers now owns 4,330 shares of the company’s stock valued at $1,053,000 after buying an additional 182 shares during the last quarter. Assetmark Inc. increased its position in monday.com by 4.4% during the first quarter. Assetmark Inc. now owns 6,525 shares of the company’s stock worth $1,587,000 after buying an additional 274 shares in the last quarter. BloombergSen Inc. increased its position in monday.com by 16.9% during the first quarter. BloombergSen Inc. now owns 4,249 shares of the company’s stock worth $1,033,000 after buying an additional 615 shares in the last quarter. Finally, Prescott Group Capital Management L.L.C. raised its holdings in shares of monday.com by 40.0% in the first quarter. Prescott Group Capital Management L.L.C. now owns 7,000 shares of the company’s stock worth $1,702,000 after acquiring an additional 2,000 shares during the last quarter. Hedge funds and other institutional investors own 73.70% of the company’s stock.

monday.com Price Performance

Shares of MNDY stock opened at $146.85 on Friday. The firm’s 50-day simple moving average is $186.42 and its 200-day simple moving average is $235.16. monday.com Ltd. has a 1-year low of $141.58 and a 1-year high of $342.64. The firm has a market cap of $7.46 billion, a P/E ratio of 119.39, a PEG ratio of 5.74 and a beta of 1.24.

monday.com (NASDAQ:MNDY) last issued its quarterly earnings results on Monday, November 10th. The company reported $1.16 EPS for the quarter, topping the consensus estimate of $0.89 by $0.27. The firm had revenue of $316.86 million during the quarter, compared to analyst estimates of $312.26 million. monday.com had a net margin of 5.58% and a return on equity of 5.99%. monday.com’s revenue for the quarter was up 26.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.85 earnings per share. monday.com has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Analysts expect that monday.com Ltd. will post 0.46 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts recently commented on MNDY shares. Zacks Research raised monday.com from a “strong sell” rating to a “hold” rating in a research note on Friday, October 10th. TD Cowen decreased their price target on shares of monday.com from $360.00 to $290.00 and set a “buy” rating on the stock in a research note on Tuesday, August 12th. The Goldman Sachs Group lowered their price target on shares of monday.com from $350.00 to $270.00 and set a “buy” rating for the company in a report on Wednesday, August 13th. Oppenheimer started coverage on shares of monday.com in a research note on Wednesday, August 27th. They set an “outperform” rating and a $300.00 price objective on the stock. Finally, UBS Group set a $202.00 target price on shares of monday.com in a research report on Tuesday, November 11th. One analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, monday.com presently has a consensus rating of “Moderate Buy” and a consensus target price of $270.19.

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.