1 week Ago By ABMN Staff
Dakota Wealth Management lowered its position in shares of monday.com Ltd. ( NASDAQ:MNDY – Free Report ) by 2.
5% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 2,256 shares of the company’s stock after selling 59 shares during the quarter. Dakota Wealth Management’s holdings in monday.
com were worth $531,000 at the end of the most recent reporting period. A number of other hedge funds have also modified their holdings of the company. Mirae Asset Global Investments Co.
Ltd. purchased a new stake in monday.com in the third quarter valued at approximately $43,000.
Toronto Dominion Bank purchased a new position in shares of monday.com during the second quarter worth $120,000. Vestcor Inc lifted its position in monday.
com by 31.4% during the third quarter. Vestcor Inc now owns 519 shares of the company’s stock valued at $144,000 after purchasing an additional 124 shares during the period.
Larson Financial Group LLC boosted its holdings in monday.com by 645.7% in the third quarter.
Larson Financial Group LLC now owns 604 shares of the company’s stock valued at $168,000 after purchasing an additional 523 shares during the last quarter. Finally, Northwest & Ethical Investments L.P.
grew its position in monday.com by 18.2% during the 3rd quarter.
Northwest & Ethical Investments L.P. now owns 650 shares of the company’s stock worth $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 Several equities analysts have recently issued reports on MNDY shares.
Wells Fargo & Company upped their target price on monday.com from $330.00 to $340.
00 and gave the stock an “overweight” rating in a research note on Tuesday, January 21st. KeyCorp lowered shares of monday.com from an “overweight” rating to a “sector weight” rating in a report on Friday, December 13th.
Barclays increased their price target on shares of monday.com from $300.00 to $325.
00 and gave the stock an “overweight” rating in a report on Tuesday, October 1st. Cantor Fitzgerald started coverage on shares of monday.com in a research report on Friday, January 17th.
They issued an “overweight” rating and a $292.00 price objective for the company. Finally, Loop Capital lowered their target price 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.
Five analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $310.
68. monday.com Price Performance MNDY opened at $248.
13 on Friday. The firm has a market capitalization of $11.98 billion, a price-to-earnings ratio of 605.
20, a price-to-earnings-growth ratio of 6.29 and a beta of 1.30.
The company’s 50 day simple moving average is $254.09 and its two-hundred day simple moving average is $259.69.
monday.com Ltd. has a 1-year low of $174.
75 and a 1-year high of $324.99. monday.
com ( NASDAQ:MNDY – Get Free Report ) last announced its quarterly earnings data on Monday, November 11th. The company reported $0.85 EPS for the quarter, topping analysts’ consensus estimates of $0.
61 by $0.24. The firm had revenue of $251.
00 million for the quarter, compared to the consensus estimate of $246.17 million. monday.
com had a return on equity of 4.99% and a net margin of 2.39%.
The firm’s revenue was up 49.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.
15 earnings per share. On average, equities analysts anticipate that monday.com Ltd.
will post 0.85 earnings per share for the current fiscal year. About monday.
com ( 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. Recommended Stories Receive News & Ratings for monday.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for monday.
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