Brighton Jones LLC bought a new stake in Mongodb Inc (NASDAQ:MDB) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 7,197 shares of the company’s stock, valued at approximately $214,000.

Other institutional investors have also recently bought and sold shares of the company. CI Investments Inc. acquired a new position in shares of Mongodb in the fourth quarter valued at approximately $2,226,000. Gilder Gagnon Howe & Co. LLC acquired a new position in shares of Mongodb in the fourth quarter valued at approximately $37,571,000. Essex Investment Management Co. LLC acquired a new position in shares of Mongodb in the fourth quarter valued at approximately $2,127,000. Finally, Thompson Davis & CO. Inc. acquired a new position in shares of Mongodb in the fourth quarter valued at approximately $103,000. 3.18% of the stock is currently owned by institutional investors.

Shares of Mongodb Inc (MDB) opened at $27.16 on Wednesday. The stock has a market capitalization of $1,420.00 and a P/E ratio of -16.98. Mongodb Inc has a 12 month low of $24.62 and a 12 month high of $34.00.

Mongodb (NASDAQ:MDB) last issued its quarterly earnings results on Tuesday, December 12th. The company reported ($1.39) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.49) by ($0.90). The company had revenue of $41.50 million during the quarter, compared to analyst estimates of $37.21 million. Mongodb’s revenue was up 57.8% compared to the same quarter last year. equities analysts expect that Mongodb Inc will post -1.9 EPS for the current fiscal year.

MDB has been the topic of several research reports. Needham & Company LLC started coverage on Mongodb in a research report on Monday, October 23rd. They issued a “hold” rating on the stock. Barclays started coverage on Mongodb in a research note on Monday, November 13th. They issued an “overweight” rating and a $38.00 price target for the company. Goldman Sachs Group started coverage on Mongodb in a research note on Monday, November 13th. They issued a “neutral” rating and a $30.00 price target for the company. JMP Securities started coverage on Mongodb in a research note on Monday, November 13th. They issued a “market perform” rating for the company. Finally, Canaccord Genuity started coverage on Mongodb in a research note on Monday, November 13th. They issued a “buy” rating and a $35.00 price target for the company. Seven investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Mongodb has a consensus rating of “Hold” and an average target price of $33.25.

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Mongodb Profile

MongoDB, Inc is a modern, general purpose database platform. Its platform is designed to run applications at scale across a broad range of use cases in the cloud, on-premise or in a hybrid environment. Its primary subscription package is MongoDB Enterprise Advanced, which includes its proprietary database server, security, enterprise management capabilities, its graphical user interface, analytics integrations and technical support.

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Institutional Ownership by Quarter for Mongodb (NASDAQ:MDB)

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