Avior Wealth Management LLC purchased a new position in monday.com Ltd. (NASDAQ:MNDY – Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,242 shares of the company’s stock, valued at approximately $421,000.
A number of other institutional investors also recently bought and sold shares of MNDY. Bank of New York Mellon Corp bought a new stake in monday.com in the first quarter worth $8,834,000. BlackRock Inc. lifted its position in monday.com by 151.9% in the first quarter. BlackRock Inc. now owns 33,300 shares of the company’s stock worth $5,264,000 after buying an additional 20,079 shares during the last quarter. Dimensional Fund Advisors LP bought a new stake in monday.com in the first quarter worth $590,000. Vanguard Group Inc. lifted its position in monday.com by 240.1% in the first quarter. Vanguard Group Inc. now owns 8,922 shares of the company’s stock worth $1,410,000 after buying an additional 6,299 shares during the last quarter. Finally, Renaissance Technologies LLC lifted its position in monday.com by 6,322.6% in the first quarter. Renaissance Technologies LLC now owns 199,100 shares of the company’s stock worth $31,472,000 after buying an additional 196,000 shares during the last quarter. 73.70% of the stock is currently owned by institutional investors.
monday.com Trading Up 0.2 %
MNDY opened at $185.10 on Friday. The business’s 50-day moving average is $216.66 and its two-hundred day moving average is $188.43. monday.com Ltd. has a 1 year low of $108.35 and a 1 year high of $239.22.
Analyst Ratings Changes
Several analysts have recently weighed in on the company. Tigress Financial lifted their target price on monday.com from $240.00 to $280.00 and gave the stock a “buy” rating in a research report on Tuesday, March 5th. KeyCorp assumed coverage on monday.com in a research report on Thursday, March 21st. They set an “overweight” rating and a $275.00 target price for the company. JPMorgan Chase & Co. lifted their target price on monday.com from $230.00 to $270.00 and gave the stock an “overweight” rating in a research report on Monday, March 25th. Bank of America assumed coverage on monday.com in a research report on Monday, February 26th. They set a “buy” rating and a $280.00 target price for the company. Finally, Needham & Company LLC reiterated a “buy” rating and set a $230.00 target price on shares of monday.com in a research report on Tuesday, February 13th. Three investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $238.33.
Check Out Our Latest Report on monday.com
About monday.com
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.
Further Reading
- Five stocks we like better than monday.com
- How to Buy Cheap Stocks Step by Step
- Comprehensive PepsiCo Stock Analysis
- The 3 Best Retail Stocks to Shop for in August
- CSX Co.: The Railroad Powering Ahead with an Earnings Beat
- Best Stocks Under $10.00
- 3 Steel Stocks Could Soar on New China Tariffs
Want to see what other hedge funds are holding MNDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for monday.com Ltd. (NASDAQ:MNDY – Free Report).
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.com and related companies with MarketBeat.com's FREE daily email newsletter.