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.

Mongodb (NASDAQ:MDB) last released its quarterly earnings data on Tuesday, December 4th. The company reported ($0.30) EPS for the quarter, beating analysts’ consensus estimates of ($0.56) by $0.26. Mongodb had a negative net margin of 54.74% and a negative return on equity of 54.80%. The company had revenue of $65.00 million during the quarter, compared to analyst estimates of $60.26 million. During the same period last year, the business earned ($0.44) earnings per share. Mongodb’s revenue was up 56.6% compared to the same quarter last year. As a group, research analysts anticipate that Mongodb Inc will post -2.23 EPS for the current year.

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.

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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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