Dilation Capital Management LP Purchases Shares of 36,670 monday.com Ltd. (NASDAQ:MNDY)

Dilation Capital Management LP bought a new stake in monday.com Ltd. (NASDAQ:MNDY - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 36,670 shares of the company's stock, valued at approximately $8,634,000. monday.com makes up approximately 8.0% of Dilation Capital Management LP's holdings, making the stock its 5th biggest position. Dilation Capital Management LP owned approximately 0.08% of monday.com as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Stonebridge Financial Group LLC purchased a new position in shares of monday.com during the fourth quarter valued at approximately $25,000. Arcadia Investment Management Corp MI purchased a new position in shares of monday.com during the 4th quarter worth $28,000. R Squared Ltd acquired a new stake in shares of monday.com during the fourth quarter worth $33,000. Signaturefd LLC grew its position in shares of monday.com by 157.1% in the fourth quarter. Signaturefd LLC now owns 144 shares of the company's stock valued at $34,000 after purchasing an additional 88 shares during the period. Finally, Global Retirement Partners LLC increased its stake in monday.com by 64.8% in the fourth quarter. Global Retirement Partners LLC now owns 150 shares of the company's stock valued at $35,000 after purchasing an additional 59 shares during the last quarter. Institutional investors and hedge funds own 73.70% of the company's stock.

monday.com Price Performance

Shares of MNDY stock traded up $8.32 on Friday, hitting $274.00. 624,309 shares of the stock traded hands, compared to its average volume of 804,817. The company has a market capitalization of $13.91 billion, a PE ratio of 456.67, a PEG ratio of 16.53 and a beta of 1.34. The company's fifty day moving average is $259.55 and its 200 day moving average is $266.15. monday.com Ltd. has a 1-year low of $179.02 and a 1-year high of $342.64.

monday.com (NASDAQ:MNDY - Get Free Report) last announced its quarterly earnings data on Monday, February 10th. The company reported $0.50 earnings per share for the quarter, missing analysts' consensus estimates of $0.78 by ($0.28). monday.com had a net margin of 3.33% and a return on equity of 6.22%. As a group, equities research analysts expect that monday.com Ltd. will post 0.46 EPS for the current year.

Analyst Ratings Changes

MNDY has been the subject of several recent analyst reports. DA Davidson lowered their price target on monday.com from $350.00 to $290.00 and set a "buy" rating for the company in a report on Monday, April 14th. Needham & Company LLC boosted their target price on shares of monday.com from $350.00 to $400.00 and gave the company a "buy" rating in a report on Monday, February 10th. Wells Fargo & Company dropped their price target on shares of monday.com from $380.00 to $310.00 and set an "overweight" rating for the company in a research report on Tuesday, April 22nd. Jefferies Financial Group decreased their price target on shares of monday.com from $400.00 to $360.00 and set a "buy" rating on the stock in a report on Monday, March 31st. Finally, Citigroup upgraded monday.com from a "neutral" rating to a "buy" rating and dropped their price objective for the stock from $302.00 to $298.00 in a report on Thursday, January 16th. Three equities research analysts have rated the stock with a hold rating and twenty-one have issued a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $343.09.

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.