Whetstone Dumps 79,000 monday.com Shares Worth $15.3 Million

This cloud-based software provider serves organizations worldwide with modular tools for work management and collaboration.On February 13, 2026, Whetstone Capital Advisors, LLC disclosed in a U.S. Securities and Exchange Commission (SEC) filing that it sold out its entire position in monday.com Ltd. (MNDY 0.55%).What happenedAccording to a filing with the Securities and Exchange Commission dated February 13, 2026, Whetstone Capital Advisors, LLC reported selling all 79,172 shares of monday.com Ltd. during the fourth quarter. The estimated value of the shares sold was approximately $15.33 million, calculated using the average price for the period. The quarter-end position value decreased by $15.33 million, reflecting both the share disposition and price movement.What else to knowTop holdings after the filing:NASDAQ: DAVE: $60.21 million (18.8% of AUM)NYSE: NET: $57.77 million (18.0% of AUM)NASDAQ: GOOGL: $41.29 million (12.9% of AUM)NASDAQ: AMZN: $21.49 million (6.7% of AUM)NASDAQ: OPRX: $18.49 million (5.8% of AUM)As of February 12, 2026, shares of monday.com Ltd. were priced at $73.63, down 76.8% over the past year, underperforming the S&P 500 Index by 89.7 percentage pointsCompany overviewMetricValuePrice (as of market close February 12, 2026)$73.63Market capitalization$3.80 billionRevenue (TTM)$1.23 billionNet income (TTM)$118.74 millionCompany snapshotOffers a cloud-based Work OS platform with modular applications for work management, project tracking, CRM, and software development.Serves organizations of all sizes globally, including enterprises, educational institutions, government bodies, and business units.Headquartered in Tel Aviv, Israel, with a global customer base and a focus on scalable SaaS solutions.monday.com Ltd. is a technology company specializing in cloud-based work management solutions, enabling organizations to streamline workflows and enhance collaboration. With a scalable SaaS platform and a global customer base, the company leverages modular product offerings to address diverse operational needs.What this transaction means for investorsmonday.com was the largest of the 12 positions that Whetstone Capital closed out in the fourth quarter of 2025.As with most filings, the fund did not explain its decision. However, the sale follows a trend against SaaS stocks that have an unclear position in the marketplace (if they have a position at all) as artificial intelligence (AI) replaces their functions at a substantially lower cost.Additionally, monday.com was over 4% of Whetstone’s fund in Q3, meaning it sustained a substantial hit as the stock’s price cratered over the last year.ExpandNASDAQ: MNDYMonday.comToday's Change(-0.55%) $-0.42Current Price$75.58Key Data PointsMarket Cap$3.8BDay's Range$74.91 - $79.6852wk Range$68.68 - $316.98Volume3.4MAvg Vol2.1MGross Margin89.20%Investors should not take this sale as a sign that Whetstone has abandoned technology stocks. A large number of the 54 stocks in the fund are tied to the tech industry. Also, it opened a position in the fintech stock Block in Q4.Nonetheless, AI is undoubtedly going to change the tech industry and many other businesses. Until the nature of the changes becomes more apparent, it is likely that Whetstone’s decision to sell was a prudent one.Read NextFeb 17, 2026 •By Motley Fool StaffAI Capital Expenditure (Capex) Is Off the Charts: Who Stands to Lose?Feb 12, 2026 •By Anders BylundWhy Monday.com Stock is Down 25% This WeekFeb 12, 2026 •By Timothy GreenThe Vibe Coding Tool That's Growing Faster Than Anything Monday.com Has Ever BuiltFeb 9, 2026 •By Jeremy BowmanWhy Monday.com Stock Was Tumbling TodayJan 15, 2026 •By Brett SchaferWhy Monday.com Stock Sank In 2025Dec 23, 2025 •By Will HealyEvolutionary Tree Dumps 11,000 monday.com Shares for $3.6 MillionAbout the AuthorWill Healy is a contributing Motley Fool stock market analyst covering technology and consumer goods industries.

Before The Motley Fool, Will was a freelance writer covering stocks and personal finance for MSN Money, Yahoo! Finance, and Nasdaq. Earlier in his career, he was an expert in geographic information systems, applying spatial and IT skills to perform RF and demographic analysis in the telecom industry. He holds a bachelor’s degree in journalism from Texas A&M University and an MBA in finance and strategy from the University of Texas at Dallas.TMFWillHealyX@HealyWritingStocks MentionedMonday.comNASDAQ: MNDY$75.58 (0.55%) $0.42DaveNASDAQ: DAVE$176.51 (0.97%) $1.73CloudflareNYSE: NET$177.14 (8.05%) $15.50AlphabetNASDAQ: GOOGL$314.81 (+3.95%) $+11.96AmazonNASDAQ: AMZN$210.16 (+2.59%) $+5.30OptimizeRxNASDAQ: OPRX$8.21 (4.81%) $0.41BlockNYSE: XYZ$53.19 (+0.57%) $+0.30*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.