Summary by Moomoo AI
T. Rowe Price Associates, Inc. (Price Associates), an investment adviser registered under the Investment Advisers Act of 1940, has filed an amendment to Schedule 13G with the United States Securities and Exchange Commission on September 30, 2024, indicating a change in its holdings in monday.com Ltd. According to the filing, Price Associates now beneficially owns 1,784,393 shares of monday.com's common stock, which represents 3.6% of the class. This marks a decrease as Price Associates has ceased to be the beneficial owner of more than five percent of the class of securities. The filing clarifies that Price Associates does not hold these securities with the purpose of changing or influencing the control of monday.com and that the shares were acquired in the ordinary course of business. The address of monday.com's principal executive offices is listed as 6 Yitzhak Sadeh Street, Tel Aviv-Yafo, Israel.
