TLV Recap - 10 January
Haifa Port privatization finalized. Wix goes crypto.
Insider Transactions
JFrog (NASDAQ:FROG) - Yoav Landman, director, CTO, on 01/09/23, sold 15,000 shares for $328,925. Landman has control over a total of 7,386,342 shares, all held directly.
NovoCure (NASDAQ:NVCR) - Asaf Danziger, director, CEO, on 01/05/23, sold 212,500 shares for $23,106,230. Now has control over a total of 13,583 shares, all held directly. Frank X Leonard, president, CNS Cancers US, on 01/05/23 sold 39,507 shares $4,434,654. Now has control over a total of 46,158 shares, all held directly.
Analysts Do What Analysts Do
Global-e Online (NASDAQ:GLBE) - Goldman cuts price target to $26 from $33; No change in buy rating. Y’day close: $22.43.
monday.com (NASDAQ:MNDY) - Piper Sandler cuts price target to $130 from $138; No change in overweight rating. Y’day close: $104.58.
Nice (NASDAQ:NICE, TLV:NICE) - RBC Capital cut target price to $238 per share from $265; No change in outperform rating. Y’day close: $192.19.
Payoneer Global (NASDAQ:PAYO) - Goldman cuts price target to $6.50 from $9; No change in buy rating. Y’day close: $5.36.
SolarEdge (NASDAQ:SEDG) - Morgan Stanley raised target to $374 per share from $344; No change in equal weight rating. Y’day close: $285.48.
Israel completes ILS 4 billion Haifa Port privatization
Israel’s Ministry of Finance has finalized the sale of Haifa Port to a consortium of India's largest commercial port operator Adani Ports (BOM:532921) and SEZ and the Israeli company Gadot Chemical Terminals for ILS 3.97 billion, the ministry said in a press release.
Adani Ports runs about 25% of the cargo movement in India.
Monday.com opens 4th North American office
monday.com (NASDAQ:MNDY) opened a new North American office in Denver, which will support the company’s sales ventures and “serve as a critical hub for the growing monday.com US presence,” Monday.com said in a press release.
The Denver office has over 10,000 square feet of space and is the company’s fourth office in North America.