Natixis Advisors LLC trimmed its holdings in shares of monday.com Ltd. (NASDAQ:MNDY - Free Report) by 5.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 57,777 shares of the company's stock after selling 3,057 shares during the period. Natixis Advisors LLC owned approximately 0.12% of monday.com worth $13,603,000 at the end of the most recent reporting period.
A number of other large investors also recently modified their holdings of the business. Global Retirement Partners LLC increased its holdings in shares of monday.com by 64.8% during the fourth quarter. Global Retirement Partners LLC now owns 150 shares of the company's stock valued at $35,000 after purchasing an additional 59 shares during the period. Avior Wealth Management LLC increased its holdings in shares of monday.com by 2.6% during the third quarter. Avior Wealth Management LLC now owns 2,611 shares of the company's stock valued at $725,000 after purchasing an additional 67 shares during the period. Venturi Wealth Management LLC increased its holdings in shares of monday.com by 7.6% during the fourth quarter. Venturi Wealth Management LLC now owns 1,076 shares of the company's stock valued at $253,000 after purchasing an additional 76 shares during the period. Vestcor Inc increased its holdings in shares of monday.com by 16.0% during the fourth quarter. Vestcor Inc now owns 602 shares of the company's stock valued at $142,000 after purchasing an additional 83 shares during the period. Finally, Northwest & Ethical Investments L.P. increased its holdings in shares of monday.com by 18.2% during the third quarter. Northwest & Ethical Investments L.P. now owns 650 shares of the company's stock valued at $181,000 after purchasing an additional 100 shares during the period. 73.70% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
MNDY has been the topic of a number of research analyst reports. Cantor Fitzgerald raised their price target on monday.com from $292.00 to $380.00 and gave the company an "overweight" rating in a report on Tuesday, February 11th. JPMorgan Chase & Co. raised their target price on monday.com from $350.00 to $400.00 and gave the company an "overweight" rating in a research note on Tuesday, February 11th. Needham & Company LLC raised their target price on monday.com from $350.00 to $400.00 and gave the company a "buy" rating in a research note on Monday, February 10th. Barclays raised their target price on monday.com from $325.00 to $360.00 and gave the company an "overweight" rating in a research note on Tuesday, February 11th. Finally, Piper Sandler raised their target price on monday.com from $345.00 to $385.00 and gave the company an "overweight" rating in a research note on Monday, February 10th. Three equities research analysts have rated the stock with a hold rating and twenty-one have assigned a buy rating to the company's stock. Based on data from MarketBeat, monday.com currently has a consensus rating of "Moderate Buy" and a consensus target price of $354.45.
View Our Latest Stock Report on monday.com
monday.com Trading Up 0.3 %
NASDAQ MNDY traded up $0.89 during trading on Friday, reaching $265.45. 580,708 shares of the company's stock were exchanged, compared to its average volume of 767,020. monday.com Ltd. has a fifty-two week low of $174.75 and a fifty-two week high of $342.64. The firm has a market capitalization of $12.82 billion, a PE ratio of 442.42, a P/E/G ratio of 16.53 and a beta of 1.27. The company's fifty day simple moving average is $269.57 and its 200-day simple moving average is $269.63.
monday.com (NASDAQ:MNDY - Get Free Report) last announced its quarterly earnings data on Monday, February 10th. The company reported $0.50 EPS for the quarter, missing analysts' consensus estimates of $0.78 by ($0.28). monday.com had a return on equity of 6.22% and a net margin of 3.33%. Equities analysts forecast that monday.com Ltd. will post 0.46 EPS for the current fiscal year.
monday.com 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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