Mongodb Inc (MDB) Insider Thomas Bull Sells 5,000 Shares
Mongodb Inc (NASDAQ:MDB) insider Thomas Bull sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, December 12th. The stock was sold at an average price of $89.13, for a total transaction of $445,650.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Thomas Bull also recently made the following trade(s):
- On Tuesday, October 2nd, Thomas Bull sold 5,069 shares of Mongodb stock. The stock was sold at an average price of $75.72, for a total transaction of $383,824.68.
MDB stock opened at $90.58 on Friday. The company has a debt-to-equity ratio of 1.08, a current ratio of 3.41 and a quick ratio of 3.41. Mongodb Inc has a 12 month low of $25.16 and a 12 month high of $93.23.
Several hedge funds have recently added to or reduced their stakes in MDB. Rehmann Capital Advisory Group boosted its position in shares of Mongodb by 1,556.5% in the third quarter. Rehmann Capital Advisory Group now owns 762 shares of the company’s stock valued at $62,000 after acquiring an additional 716 shares during the period. Truvestments Capital LLC bought a new position in shares of Mongodb in the third quarter valued at approximately $106,000. Belpointe Asset Management LLC bought a new stake in Mongodb during the third quarter valued at approximately $110,000. Partner Investment Management L.P. bought a new stake in Mongodb during the third quarter valued at approximately $133,000. Finally, TRUE Private Wealth Advisors bought a new stake in Mongodb during the third quarter valued at approximately $182,000. Institutional investors own 50.44% of the company’s stock.
MDB has been the subject of a number of research reports. Morgan Stanley increased their target price on shares of Mongodb from $41.00 to $66.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 30th. Needham & Company LLC increased their target price on shares of Mongodb from $57.00 to $85.00 and gave the stock a “buy” rating in a research report on Tuesday, September 4th. Stifel Nicolaus increased their target price on shares of Mongodb from $53.00 to $80.00 and gave the stock a “buy” rating in a research report on Thursday, September 6th. KeyCorp reiterated an “overweight” rating and set a $88.00 target price (up previously from $62.00) on shares of Mongodb in a research report on Thursday, September 6th. Finally, Canaccord Genuity increased their target price on shares of Mongodb from $54.00 to $78.00 and gave the stock a “buy” rating in a research report on Thursday, September 6th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $82.31.
Mongodb Company Profile
MongoDB, Inc operates as a general purpose database platform worldwide. The company offers MongoDB Enterprise Advanced, a subscription package for enterprise customers to run in the cloud, on-premise, or in a hybrid environment; MongoDB Atlas, a cloud-hosted database-as-a-service solution; and Community Server, a free-to-download version of its database, which includes the functionality that developers need to get started with MongoDB.
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