monday.com Investors Buy In as Company Embarks on Restructuring Efforts

SEB Asset Management AB has made a new investment in monday.com Ltd. (NASDAQ:MNDY), purchasing 23,710 shares of the company's stock valued at approximately $1,639,000.

This is not the only institutional investor to buy into monday.com; Swiss National Bank increased its stake by 28.6% during the first quarter, while Aurora Investment Counsel and Aware Super Pty Ltd as trustee also acquired new positions in the company.

monday.com has been undergoing restructuring efforts, including a 20% workforce cut and an AI-driven growth strategy overhaul. The company's updated FY2026 revenue outlook of roughly $1.5 billion appears to be in line with expectations.