2 weeks Ago By Defense World Staff
Townsquare Capital LLC purchased a new stake in monday.com Ltd. ( NASDAQ:MNDY – Free Report ) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC).
The fund purchased 2,030 shares of the company’s stock, valued at approximately $478,000. Several other institutional investors and hedge funds also recently made changes to their positions in MNDY. Oppenheimer & Co.
Inc. boosted its position in monday.com by 24.
2% during the 4th quarter. Oppenheimer & Co. Inc.
now owns 6,765 shares of the company’s stock worth $1,593,000 after acquiring an additional 1,318 shares during the last quarter. SBI Securities Co. Ltd.
bought a new stake in monday.com during the 4th quarter worth about $245,000. Bank of Montreal Can boosted its stake in shares of monday.
com by 62.0% during the 4th quarter. Bank of Montreal Can now owns 22,097 shares of the company’s stock worth $5,203,000 after buying an additional 8,454 shares during the last quarter.
Bailard Inc. increased its position in shares of monday.com by 147.
5% in the fourth quarter. Bailard Inc. now owns 7,055 shares of the company’s stock valued at $1,661,000 after acquiring an additional 4,204 shares during the last quarter.
Finally, Bank of New York Mellon Corp raised its holdings in monday.com by 3.4% during the fourth quarter.
Bank of New York Mellon Corp now owns 255,455 shares of the company’s stock worth $60,144,000 after acquiring an additional 8,329 shares in the last quarter. Institutional investors and hedge funds own 73.70% of the company’s stock.
Analyst Ratings Changes A number of equities research analysts have recently issued reports on MNDY shares. JPMorgan Chase & Co. upped their price objective on monday.
com from $350.00 to $400.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 11th.
Loop Capital lowered their price objective on shares of monday.com from $310.00 to $300.
00 and set a “buy” rating on the stock in a research note on Monday, December 23rd. Tigress Financial upped their target price on shares of monday.com from $340.
00 to $450.00 and gave the company a “buy” rating in a report on Friday, February 21st. Robert W.
Baird boosted their price target on monday.com from $275.00 to $335.
00 and gave the stock a “neutral” rating in a research report on Tuesday, February 11th. Finally, Jefferies Financial Group reduced their target price on monday.com from $400.
00 to $360.00 and set a “buy” rating for the company in a research note on Monday, March 31st. Three equities research analysts have rated the stock with a hold rating and twenty-one have issued a buy rating to the company’s stock.
Based on data from MarketBeat, monday.com presently has an average rating of “Moderate Buy” and a consensus price target of $349.91.
monday.com Trading Down 1.6 % Shares of NASDAQ MNDY opened at $246.
28 on Monday. The company has a market cap of $12.50 billion, a price-to-earnings ratio of 410.
47, a PEG ratio of 16.53 and a beta of 1.34.
monday.com Ltd. has a 12 month low of $174.
75 and a 12 month high of $342.64. The stock has a 50-day moving average price of $266.
40 and a two-hundred day moving average price of $266.99. monday.
com ( NASDAQ:MNDY – Get Free Report ) last issued its quarterly earnings data on Monday, February 10th. The company reported $0.50 EPS for the quarter, missing the consensus estimate of $0.
78 by ($0.28). monday.
com had a net margin of 3.33% and a return on equity of 6.22%.
On average, sell-side analysts predict that monday.com Ltd. will post 0.
46 earnings per share for the current year. monday.com Company Profile ( Free Report ) 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.
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