Regal Partners Ltd Makes New $472,000 Investment in monday.com Ltd. $MNDY

Regal Partners Ltd acquired a new position in monday.com Ltd. (NASDAQ:MNDY) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 1,500 shares of the company’s stock, valued at approximately $472,000.

Several other hedge funds and other institutional investors have also bought and sold shares of MNDY. Rubicon Global Capital Ltd raised its stake in monday.com by 155.3% in the 2nd quarter. Rubicon Global Capital Ltd now owns 1,442,900 shares of the company’s stock worth $453,763,000 after purchasing an additional 877,700 shares in the last quarter. JPMorgan Chase & Co. raised its stake in monday.com by 102.5% in the 1st quarter. JPMorgan Chase & Co. now owns 1,682,013 shares of the company’s stock worth $408,999,000 after purchasing an additional 851,231 shares in the last quarter. Price T Rowe Associates Inc. MD raised its stake in monday.com by 45.0% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 2,401,580 shares of the company’s stock worth $583,969,000 after purchasing an additional 745,686 shares in the last quarter. 1832 Asset Management L.P. acquired a new stake in monday.com in the 1st quarter worth about $115,744,000. Finally, T. Rowe Price Investment Management Inc. raised its stake in monday.com by 98.6% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 924,325 shares of the company’s stock worth $224,759,000 after purchasing an additional 458,794 shares in the last quarter. Institutional investors and hedge funds own 73.70% of the company’s stock.

monday.com Trading Up 3.3%

Shares of monday.com stock opened at $205.46 on Friday. The firm has a market capitalization of $10.43 billion, a PE ratio of 277.65, a price-to-earnings-growth ratio of 9.70 and a beta of 1.24. The firm’s 50 day moving average is $192.18 and its 200 day moving average is $244.79. monday.com Ltd. has a 1 year low of $166.22 and a 1 year high of $342.64.

monday.com (NASDAQ:MNDY) last announced its quarterly earnings results on Monday, August 11th. The company reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate 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 net margin of 3.63% and a return on equity of 6.32%. The firm’s revenue was up 26.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.94 EPS. monday.com has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, research analysts anticipate that monday.com Ltd. will post 0.46 earnings per share for the current year.

Analyst Ratings Changes

Several analysts have weighed in on MNDY shares. Robert W. Baird dropped their price objective on shares of monday.com from $310.00 to $240.00 and set an “outperform” rating for the company in a research note on Tuesday, August 12th. TD Cowen dropped their target price on shares of monday.com from $360.00 to $290.00 and set a “buy” rating for the company in a research report on Tuesday, August 12th. The Goldman Sachs Group dropped their target price on shares of monday.com from $350.00 to $270.00 and set a “buy” rating for the company in a research report on Wednesday, August 13th. Wall Street Zen cut shares of monday.com from a “buy” rating to a “hold” rating in a research report on Saturday, July 5th. Finally, Citigroup boosted their target price on shares of monday.com from $326.00 to $332.00 and gave the company a “buy” rating in a research report on Tuesday, September 30th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $290.81.

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.