1,241 Shares in monday.com Ltd. (NASDAQ:MNDY) Bought by Fox Run Management L.L.C.

Fox Run Management L.L.C. bought a new stake in monday.com Ltd. (NASDAQ:MNDY) during the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 1,241 shares of the company’s stock, valued at approximately $292,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. FMR LLC raised its position in monday.com by 112.0% in the third quarter. FMR LLC now owns 1,512,094 shares of the company’s stock worth $420,014,000 after acquiring an additional 798,791 shares during the period. SG Americas Securities LLC raised its holdings in monday.com by 1,024.7% in the 4th quarter. SG Americas Securities LLC now owns 476,392 shares of the company’s stock worth $112,162,000 after purchasing an additional 434,035 shares during the period. Raymond James Financial Inc. purchased a new position in monday.com during the fourth quarter valued at $27,010,000. Jennison Associates LLC grew its holdings in monday.com by 13.7% during the fourth quarter. Jennison Associates LLC now owns 830,811 shares of the company’s stock valued at $195,606,000 after purchasing an additional 100,333 shares during the period. Finally, Polen Capital Management LLC purchased a new stake in monday.com in the fourth quarter worth about $12,522,000. 73.70% of the stock is owned by hedge funds and other institutional investors.

monday.com Price Performance

Shares of NASDAQ:MNDY opened at $255.68 on Friday. The firm has a market capitalization of $12.98 billion, a PE ratio of 426.13, a price-to-earnings-growth ratio of 16.53 and a beta of 1.27. monday.com Ltd. has a 1 year low of $174.75 and a 1 year high of $342.64. The firm’s 50-day moving average is $272.89 and its two-hundred day moving average is $270.09.

monday.com (NASDAQ:MNDY) last released its earnings results 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 return on equity of 6.22% and a net margin of 3.33%. Analysts expect that monday.com Ltd. will post 0.46 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms recently issued reports on MNDY. Robert W. Baird increased their target price on shares of monday.com from $275.00 to $335.00 and gave the stock a “neutral” rating in a report on Tuesday, February 11th. Canaccord Genuity Group increased their price objective on shares of monday.com from $310.00 to $375.00 and gave the stock a “buy” rating in a research note on Tuesday, February 11th. The Goldman Sachs Group lifted their target price on shares of monday.com from $350.00 to $400.00 and gave the company a “buy” rating in a research note on Tuesday, February 11th. Citigroup upgraded monday.com from a “neutral” rating to a “buy” rating and cut their price target for the stock from $302.00 to $298.00 in a research note on Thursday, January 16th. Finally, Tigress Financial boosted their price objective on monday.com from $340.00 to $450.00 and gave the company a “buy” rating in a research report on Friday, February 21st. Three equities research analysts have rated the stock with a hold rating and twenty-one have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $354.45.

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.