monday.com Ltd. (NASDAQ:MNDY) Shares Purchased by Bienville Capital Management LLC

Bienville Capital Management LLC grew its position in monday.com Ltd. (NASDAQ:MNDY - Free Report) by 141.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 75,600 shares of the company's stock after purchasing an additional 44,279 shares during the quarter. monday.com makes up about 4.4% of Bienville Capital Management LLC's investment portfolio, making the stock its 5th largest holding. Bienville Capital Management LLC owned approximately 0.16% of monday.com worth $17,799,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of MNDY. Clearbridge Investments LLC raised its holdings in shares of monday.com by 0.3% during the 4th quarter. Clearbridge Investments LLC now owns 13,501 shares of the company's stock worth $3,179,000 after acquiring an additional 44 shares in the last quarter. Prudential Financial Inc. raised its holdings in shares of monday.com by 1.3% in the fourth quarter. Prudential Financial Inc. now owns 4,122 shares of the company's stock valued at $970,000 after acquiring an additional 53 shares in the last quarter. Global Retirement Partners LLC boosted its position in monday.com by 64.8% during 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 in the last quarter. Venturi Wealth Management LLC grew its holdings in monday.com by 7.6% in the fourth quarter. Venturi Wealth Management LLC now owns 1,076 shares of the company's stock worth $253,000 after purchasing an additional 76 shares during the last quarter. Finally, Vestcor Inc grew its stake in shares of monday.com by 16.0% during the fourth quarter. Vestcor Inc now owns 602 shares of the company's stock worth $142,000 after acquiring an additional 83 shares during the last quarter. 73.70% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on MNDY shares. UBS Group reduced their price objective on monday.com from $350.00 to $310.00 and set a "neutral" rating for the company in a research note on Tuesday, April 29th. KeyCorp upgraded monday.com from a "sector weight" rating to an "overweight" rating and set a $420.00 price target for the company in a research report on Tuesday, February 11th. JPMorgan Chase & Co. boosted their price objective on shares of monday.com from $350.00 to $400.00 and gave the company an "overweight" rating in a report on Tuesday, February 11th. Barclays lifted their price objective on shares of monday.com from $325.00 to $360.00 and gave the company an "overweight" rating in a report on Tuesday, February 11th. Finally, Needham & Company LLC raised their price objective on shares of monday.com from $350.00 to $400.00 and gave the stock a "buy" rating in a report on Monday, February 10th. Three research analysts have rated the stock with a hold rating and twenty-one have issued a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $345.14.

monday.com Trading Down 2.1 %

NASDAQ:MNDY traded down $5.81 during mid-day trading on Monday, hitting $273.31. The company's stock had a trading volume of 370,104 shares, compared to its average volume of 797,940. The company has a market capitalization of $13.88 billion, a price-to-earnings ratio of 455.52, a P/E/G ratio of 16.53 and a beta of 1.34. monday.com Ltd. has a fifty-two week low of $180.66 and a fifty-two week high of $342.64. The stock has a fifty day moving average of $257.06 and a 200-day moving average of $265.69.

monday.com (NASDAQ:MNDY - Get Free Report) last posted its quarterly earnings results 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 return on equity of 6.22% and a net margin of 3.33%. On average, equities analysts anticipate that monday.com Ltd. will post 0.46 earnings per share for the current fiscal year.

monday.com Company 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.