Cromwell Holdings LLC Has $37,000 Stock Holdings in monday.com Ltd. (NASDAQ:MNDY)

Cromwell Holdings LLC increased its holdings in shares of monday.com Ltd. (NASDAQ:MNDY) by 372.7% in the 4th quarter, HoldingsChannel reports. The firm owned 156 shares of the company’s stock after acquiring an additional 123 shares during the period. Cromwell Holdings LLC’s holdings in monday.com were worth $37,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Stonebridge Financial Group LLC bought a new position in monday.com in the fourth quarter worth approximately $25,000. R Squared Ltd bought a new position in monday.com in the fourth quarter worth approximately $33,000. Global Retirement Partners LLC boosted its holdings in monday.com by 64.8% in the fourth quarter. Global Retirement Partners LLC now owns 150 shares of the company’s stock worth $35,000 after acquiring an additional 59 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new position in monday.com in the third quarter worth approximately $43,000. Finally, Vestcor Inc lifted its holdings in shares of monday.com by 31.4% in the third quarter. Vestcor Inc now owns 519 shares of the company’s stock valued at $144,000 after purchasing an additional 124 shares in the last quarter. Institutional investors and hedge funds own 73.70% of the company’s stock.

monday.com Price Performance

NASDAQ:MNDY opened at $308.01 on Friday. The business has a fifty day simple moving average of $255.54 and a two-hundred day simple moving average of $266.68. monday.com Ltd. has a 1 year low of $174.75 and a 1 year high of $342.64. The company has a market capitalization of $14.87 billion, a P/E ratio of 513.35, a P/E/G ratio of 16.54 and a beta of 1.31.

monday.com (NASDAQ:MNDY) 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%. As a group, analysts anticipate that monday.com Ltd. will post 0.46 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms have recently weighed in on MNDY. The Goldman Sachs Group raised their target price on monday.com from $350.00 to $400.00 and gave the company a “buy” rating in a report on Tuesday, February 11th. Cantor Fitzgerald raised their target price on monday.com from $292.00 to $380.00 and gave the company an “overweight” rating in a report on Tuesday, February 11th. Loop Capital dropped their target price on monday.com from $310.00 to $300.00 and set a “buy” rating on the stock in a report on Monday, December 23rd. William Blair restated an “outperform” rating on shares of monday.com in a report on Wednesday, December 18th. Finally, 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 report on Monday, February 10th. Four equities research analysts have rated the stock with a hold rating and twenty have assigned a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $353.32.

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.