monday.com Ltd. (NASDAQ:MNDY) Stock Holdings Increased by Vanguard Group Inc.

Vanguard Group Inc. raised its stake in monday.com Ltd. (NASDAQ:MNDY - Free Report) by 2.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 69,888 shares of the company's stock after purchasing an additional 1,426 shares during the quarter. Vanguard Group Inc. owned about 0.14% of monday.com worth $16,454,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Stonebridge Financial Group LLC acquired a new stake in shares of monday.com in the fourth quarter valued at about $25,000. Arcadia Investment Management Corp MI acquired a new stake in monday.com in the fourth quarter valued at approximately $28,000. R Squared Ltd purchased a new stake in shares of monday.com during the fourth quarter valued at approximately $33,000. Signaturefd LLC lifted its position in shares of monday.com by 157.1% during the fourth quarter. Signaturefd LLC now owns 144 shares of the company's stock worth $34,000 after purchasing an additional 88 shares in the last quarter. Finally, Global Retirement Partners LLC lifted its position 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 worth $35,000 after purchasing an additional 59 shares in the last quarter. Institutional investors and hedge funds own 73.70% of the company's stock.

monday.com Trading Up 3.8 %

NASDAQ:MNDY traded up $8.64 during midday trading on Tuesday, hitting $237.67. 351,213 shares of the stock were exchanged, compared to its average volume of 803,011. The company has a market capitalization of $12.07 billion, a price-to-earnings ratio of 396.12, a P/E/G ratio of 16.53 and a beta of 1.34. monday.com Ltd. has a one year low of $179.02 and a one year high of $342.64. The business has a 50-day moving average price of $262.98 and a two-hundred day moving average price of $266.45.

monday.com (NASDAQ:MNDY - Get Free Report) last released its earnings results on Monday, February 10th. The company reported $0.50 earnings per share (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%. Sell-side analysts forecast that monday.com Ltd. will post 0.46 EPS for the current fiscal year.

Analyst Ratings Changes

MNDY has been the subject of several research analyst reports. Robert W. Baird boosted their price objective on monday.com from $275.00 to $335.00 and gave the company a "neutral" rating in a report on Tuesday, February 11th. Wells Fargo & Company dropped their price target on monday.com from $380.00 to $310.00 and set an "overweight" rating on the stock in a research report on Tuesday. The Goldman Sachs Group raised their price objective on monday.com from $350.00 to $400.00 and gave the stock a "buy" rating in a research note on Tuesday, February 11th. Barclays boosted their target price on shares of monday.com from $325.00 to $360.00 and gave the company an "overweight" rating in a research note on Tuesday, February 11th. Finally, Tigress Financial raised their price target on shares of monday.com from $340.00 to $450.00 and gave the stock a "buy" rating in a research report on Friday, February 21st. Three analysts have rated the stock with a hold rating and twenty-one have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $346.73.

monday.com Profile

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.