Rep. Robert Bresnahan, Jr. Buys monday.com Ltd. (NASDAQ:MNDY) Stock

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 Price Performance

Shares of MNDY stock opened at $233.06 on Tuesday. The stock has a market cap of $11.25 billion, a P/E ratio of 388.43, a P/E/G ratio of 16.53 and a beta of 1.27. The company has a fifty day moving average price of $264.89 and a two-hundred day moving average price of $269.99. monday.com Ltd. has a one year low of $174.75 and a one year high of $342.64.

monday.com (NASDAQ:MNDY) last announced its quarterly earnings results on Monday, February 10th. The company reported $0.50 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%. As a group, equities research analysts anticipate that monday.com Ltd. will post 0.46 EPS for the current fiscal year.

Hedge Funds Weigh In On monday.com

Several hedge funds have recently bought and sold shares of MNDY. Stonebridge Financial Group LLC bought a new position in monday.com in the 4th quarter valued at about $25,000. Arcadia Investment Management Corp MI acquired a new stake in shares of monday.com in the 4th quarter valued at approximately $28,000. R Squared Ltd acquired a new stake in shares of monday.com in the 4th quarter valued at approximately $33,000. Signaturefd LLC boosted its stake in shares of monday.com by 157.1% in the 4th quarter. Signaturefd LLC now owns 144 shares of the company’s stock valued at $34,000 after purchasing an additional 88 shares in the last quarter. Finally, Global Retirement Partners LLC boosted its stake in shares of monday.com by 64.8% in the 4th quarter. Global Retirement Partners LLC now owns 150 shares of the company’s stock valued at $35,000 after purchasing an additional 59 shares in the last quarter. 73.70% of the stock is owned by institutional investors.

Analysts Set New Price Targets

MNDY has been the subject of a number of research reports. Scotiabank raised their target price on shares of monday.com from $300.00 to $400.00 and gave the stock a “sector outperform” rating in a research note on Tuesday, February 11th. JPMorgan Chase & Co. raised their target price on shares of monday.com from $350.00 to $400.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 11th. Wells Fargo & Company raised their target price on shares of monday.com from $340.00 to $380.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 11th. Jefferies Financial Group raised their target price on shares of monday.com from $300.00 to $400.00 and gave the stock a “buy” rating in a research note on Tuesday, February 11th. Finally, Barclays raised their target price on shares of monday.com from $325.00 to $360.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 11th. Four research analysts have rated the stock with a hold rating and twenty have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus 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.