Fiera Capital Corp Has $40.36 Million Holdings in monday.com Ltd. $MNDY

Fiera Capital Corp grew its holdings in shares of monday.com Ltd. (NASDAQ:MNDY) by 100.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 273,530 shares of the company’s stock after acquiring an additional 137,275 shares during the quarter. Fiera Capital Corp’s holdings in monday.com were worth $40,362,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently made changes to their positions in MNDY. NewEdge Advisors LLC grew its position in shares of monday.com by 2,120.0% during the 1st quarter. NewEdge Advisors LLC now owns 111 shares of the company’s stock worth $27,000 after purchasing an additional 106 shares in the last quarter. Advisory Services Network LLC acquired a new position in shares of monday.com during the 3rd quarter worth approximately $28,000. Abound Wealth Management acquired a new position in shares of monday.com during the 4th quarter worth approximately $30,000. Smartleaf Asset Management LLC grew its position in shares of monday.com by 575.8% during the 3rd quarter. Smartleaf Asset Management LLC now owns 223 shares of the company’s stock worth $45,000 after purchasing an additional 190 shares in the last quarter. Finally, Huntington National Bank grew its position in shares of monday.com by 6,040.0% during the 4th quarter. Huntington National Bank now owns 307 shares of the company’s stock worth $45,000 after purchasing an additional 302 shares in the last quarter. Institutional investors and hedge funds own 73.70% of the company’s stock.

monday.com Price Performance

Shares of monday.com stock opened at $83.76 on Tuesday. monday.com Ltd. has a fifty-two week low of $57.50 and a fifty-two week high of $316.98. The firm has a market capitalization of $4.29 billion, a P/E ratio of 36.42, a P/E/G ratio of 4.29 and a beta of 1.24. The company’s 50 day moving average price is $72.56 and its two-hundred day moving average price is $100.47.

monday.com (NASDAQ:MNDY) last issued its earnings results on Friday, March 13th. The company reported $1.15 earnings per share for the quarter. monday.com had a net margin of 9.17% and a return on equity of 5.10%. The firm had revenue of $351.27 million for the quarter. On average, analysts expect that monday.com Ltd. will post 1.59 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on MNDY shares. Canaccord Genuity Group decreased their target price on shares of monday.com from $140.00 to $115.00 and set a “buy” rating on the stock in a research report on Tuesday, May 12th. Wolfe Research restated an “outperform” rating and set a $95.00 target price on shares of monday.com in a research report on Monday, February 9th. Guggenheim set a $130.00 target price on shares of monday.com and gave the stock a “buy” rating in a research report on Thursday, April 9th. Jefferies Financial Group restated a “hold” rating on shares of monday.com in a research report on Tuesday, May 12th. Finally, TD Cowen increased their price target on shares of monday.com from $100.00 to $110.00 and gave the stock a “buy” rating in a research report on Tuesday, May 12th. Seventeen investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $126.48.

monday.com Profile

monday.com is a software-as-a-service (SaaS) company that provides a cloud-based Work Operating System (Work OS) designed to help teams plan, organize and track their work. The platform offers customizable workflows that support project management, task delegation, time tracking and collaboration across departments. monday.com’s visual interface enables users to create boards, automations and dashboards to centralize information and streamline processes without requiring extensive coding knowledge.

The company’s product portfolio includes monday Work OS, which can be adapted for use cases ranging from marketing campaign management and sales pipelines to software development sprints and human resources onboarding.