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.

Wix.Com partners with CoinGate to offer shop owners crypto payment option

• Wix.Com (NASDAQ:WIX) has partnered with European crypto payment company CoinGate to enable its shop owners to accept crypto payments, CoinGate said on Twitter.

• Wix’s online store customers will be able to make payments in more than 70 cryptocurrencies, including Bitcoin, Ethereum and Litecoin.