MongoDB, Inc. (NASDAQ:MDB – Get Free Report) Director Dwight A. Merriman sold 1,000 shares of MongoDB stock in a transaction dated Thursday, October 10th. The stock was sold at an average price of $272.97, for a total transaction of $272,970.00. Following the transaction, the director now directly owns 1,130,006 shares of the company’s stock, valued at approximately $308,457,737.82. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
MongoDB Trading Down 2.3 %
NASDAQ MDB opened at $271.87 on Friday. The company has a quick ratio of 5.03, a current ratio of 5.03 and a debt-to-equity ratio of 0.84. The firm has a market cap of $19.94 billion, a PE ratio of -96.75 and a beta of 1.15. The company has a 50 day moving average price of $269.54 and a 200 day moving average price of $285.99. MongoDB, Inc. has a 52 week low of $212.74 and a 52 week high of $509.62.
MongoDB (NASDAQ:MDB – Get Free Report) last posted its quarterly earnings data on Thursday, August 29th. The company reported $0.70 EPS for the quarter, topping the consensus estimate of $0.49 by $0.21. The firm had revenue of $478.11 million during the quarter, compared to analyst estimates of $465.03 million. MongoDB had a negative net margin of 12.08% and a negative return on equity of 15.06%. MongoDB’s revenue was up 12.8% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.63) EPS. As a group, sell-side analysts forecast that MongoDB, Inc. will post -2.44 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
Get Our Latest Analysis on MDB
Institutional Trading of MongoDB
Large investors have recently bought and sold shares of the stock. Vanguard Group Inc. grew its position in MongoDB by 2.9% during the 4th quarter. Vanguard Group Inc. now owns 6,842,413 shares of the company’s stock worth $2,797,521,000 after purchasing an additional 194,148 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of MongoDB in the 2nd quarter valued at $1,860,000. Sycomore Asset Management boosted its holdings in shares of MongoDB by 86.4% in the 2nd quarter. Sycomore Asset Management now owns 53,568 shares of the company’s stock valued at $12,884,000 after acquiring an additional 24,827 shares during the last quarter. Cetera Investment Advisers boosted its holdings in shares of MongoDB by 327.6% in the 1st quarter. Cetera Investment Advisers now owns 10,873 shares of the company’s stock valued at $3,899,000 after acquiring an additional 8,330 shares during the last quarter. Finally, Jennison Associates LLC boosted its holdings in shares of MongoDB by 14.3% in the 1st quarter. Jennison Associates LLC now owns 4,408,424 shares of the company’s stock valued at $1,581,037,000 after acquiring an additional 551,567 shares during the last quarter. Hedge funds and other institutional investors own 89.29% of the company’s stock.
About MongoDB
MongoDB, Inc, together with its subsidiaries, provides general purpose database platform worldwide. The company provides MongoDB Atlas, a hosted multi-cloud database-as-a-service solution; MongoDB Enterprise Advanced, a commercial database server for enterprise customers to run in the cloud, on-premises, or in a hybrid environment; 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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