Rep. Robert Bresnahan, Jr. Purchases Shares of monday.com Ltd. (NASDAQ:MNDY)

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently bought shares of monday.com Ltd. NASDAQ: MNDY. In a filing disclosed on March 07th, the Representative disclosed that they had bought between $1,001 and $15,000 in monday.com stock on February 11th.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Snowflake NYSE: SNOW on 2/13/2025.
• Sold $1,001 - $15,000 in shares of Arista Networks NYSE: ANET on 2/13/2025.
• Sold $1,001 - $15,000 in shares of Robinhood Markets NASDAQ: HOOD on 2/12/2025.
• Purchased $1,001 - $15,000 in shares of Snowflake NYSE: SNOW on 2/12/2025.
• Sold $1,001 - $15,000 in shares of Onsemi NASDAQ: ON on 2/11/2025.
• Purchased $1,001 - $15,000 in shares of MACOM Technology Solutions NASDAQ: MTSI on 2/10/2025.
• Sold $1,001 - $15,000 in shares of Trade Desk NASDAQ: TTD on 2/10/2025.
• Purchased $1,001 - $15,000 in shares of Cloudflare NYSE: NET on 2/10/2025.
• Purchased $1,001 - $15,000 in shares of Alibaba Group NYSE: BABA on 2/10/2025.
• Purchased $1,001 - $15,000 in shares of Take-Two Interactive Software NASDAQ: TTWO on 2/10/2025.

monday.com Stock Performance

NASDAQ MNDY traded up $9.76 on Tuesday, reaching $242.82. The stock had a trading volume of 1,356,065 shares, compared to its average volume of 759,437. The stock has a market cap of $11.72 billion, a P/E ratio of 404.70, a price-to-earnings-growth ratio of 16.53 and a beta of 1.27. The business's 50-day moving average price is $265.04 and its 200 day moving average price is $269.85. monday.com Ltd. has a 12-month low of $174.75 and a 12-month high of $342.64.

Remove Ads

monday.com (NASDAQ:MNDY - Get Free Report) last released its earnings results on Monday, February 10th. The company reported $0.50 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.78 by ($0.28). monday.com had a net margin of 3.33% and a return on equity of 6.22%. On average, sell-side analysts predict that monday.com Ltd. will post 0.46 earnings per share for the current year.

Institutional Investors Weigh In On monday.com

A number of large investors have recently modified their holdings of the stock. Clearbridge Investments LLC grew its stake in shares of monday.com by 0.3% in the fourth quarter. Clearbridge Investments LLC now owns 13,501 shares of the company's stock valued at $3,179,000 after buying an additional 44 shares in the last quarter. Prudential Financial Inc. grew its stake in shares of monday.com by 1.3% in the fourth quarter. Prudential Financial Inc. now owns 4,122 shares of the company's stock valued at $970,000 after buying an additional 53 shares in the last quarter. Global Retirement Partners LLC grew its stake in shares of monday.com by 64.8% in the fourth quarter. Global Retirement Partners LLC now owns 150 shares of the company's stock valued at $35,000 after buying an additional 59 shares in the last quarter. Avior Wealth Management LLC grew its stake in shares of monday.com by 2.6% in the third quarter. Avior Wealth Management LLC now owns 2,611 shares of the company's stock valued at $725,000 after buying an additional 67 shares in the last quarter. Finally, Venturi Wealth Management LLC grew its stake in shares of monday.com by 7.6% in the fourth quarter. Venturi Wealth Management LLC now owns 1,076 shares of the company's stock valued at $253,000 after buying an additional 76 shares in the last quarter. Institutional investors and hedge funds own 73.70% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have weighed in on MNDY shares. Robert W. Baird upped their target price on monday.com from $275.00 to $335.00 and gave the company a "neutral" rating in a report on Tuesday, February 11th. KeyCorp raised monday.com from a "sector weight" rating to an "overweight" rating and set a $420.00 target price on the stock in a report on Tuesday, February 11th. Wells Fargo & Company upped their target price on monday.com from $340.00 to $380.00 and gave the company an "overweight" rating in a report on Tuesday, February 11th. DA Davidson upped their target price on monday.com from $300.00 to $350.00 and gave the company a "neutral" rating in a report on Tuesday, February 11th. Finally, The Goldman Sachs Group upped their price objective on monday.com from $350.00 to $400.00 and gave the company a "buy" rating in a research report on Tuesday, February 11th. Four analysts have rated the stock with a hold rating and twenty have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $358.32.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania's 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania's 8th Congressional District. He declared candidacy for the 2026 election. Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

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.