SCHEDULE 13G/A: FMR LLC and Abigail P. Johnson Disclose 7.1% Stake in Monday.com Ltd
Beneficial Ownership Disclosure
FMR LLC and its Chairman and CEO, Abigail P. Johnson, have filed an amended Schedule 13G, disclosing a beneficial ownership of 7.1% in Monday.com Ltd's common stock as of March 31, 2025.
Summary
- FMR LLC and Abigail P. Johnson collectively beneficially own 3,610,897.79 shares of MONDAY.COM LTD's common stock.
- This aggregate amount represents 7.1% of the total outstanding common stock of MONDAY.COM LTD.
- FMR LLC holds sole voting power over 3,327,181.16 shares and sole dispositive power over 3,610,897.79 shares.
- Abigail P. Johnson, as an individual, holds sole dispositive power over 3,610,897.79 shares, with no sole or shared voting power.
- The shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of MONDAY.COM LTD.
- FMR LLC is classified as a parent holding company, and Abigail P. Johnson is classified as an individual reporting person.
- Several FMR LLC subsidiaries, including Fidelity Management & Research Company LLC, are identified as entities that beneficially own shares, with Fidelity Management & Research Company LLC owning 5% or greater of the outstanding shares.
- Members of the Johnson family, including Abigail P. Johnson, are the predominant owners of Series B voting common shares of FMR LLC, representing 49% of the voting power, and may be deemed to form a controlling group with respect to FMR LLC.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership, which is neutral in sentiment. It does not contain positive or negative operational or financial news about the issuer.
Future Outlook
NA
Industry Context
This filing indicates a significant passive investment by a major institutional asset manager, FMR LLC (Fidelity), in Monday.com Ltd, a company operating in the work operating system (Work OS) and project management software industry. Such a stake by a prominent investor can signal confidence in the company's long-term prospects within its competitive software sector.
Stakeholder Impact
- Shareholders: The disclosure of a significant stake by a major institutional investor like FMR LLC can be viewed positively, potentially signaling institutional confidence in the company. It also provides transparency regarding the ownership structure.
Key Dates
| Date | Description |
|---|---|
| 2023-01-03 | Effective date of Power of Attorney for FMR LLC and its direct and indirect subsidiaries. |
| 2023-01-10 | Date of Schedule 13G filing by FMR LLC where Power of Attorney (accession number: -23-000003) was incorporated by reference. |
| 2023-01-26 | Effective date of Power of Attorney for Abigail P. Johnson. |
| 2023-01-31 | Date of Schedule 13G filing by FMR LLC where Abigail P. Johnson's Power of Attorney (accession number: -23-000038) was incorporated by reference. |
| 2025-03-31 | Date of event which requires filing of this statement (measurement date for beneficial ownership). |
| 2025-05-09 | Date of signing for the Schedule 13G Amendment No. 1. |
Keywords
MONDAY.COM LTD, FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Institutional Investor, Fidelity
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.