MongoDB, Inc. (NASDAQ:MDB – Get Free Report) Director John Dennis Mcmahon sold 10,000 shares of MongoDB stock in a transaction on Monday, June 24th. The stock was sold at an average price of $228.00, for a total transaction of $2,280,000.00. Following the sale, the director now directly owns 20,020 shares of the company’s stock, valued at approximately $4,564,560. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
MongoDB Stock Performance
Shares of MDB stock opened at $244.15 on Friday. MongoDB, Inc. has a 12 month low of $214.74 and a 12 month high of $509.62. The company’s fifty day simple moving average is $306.14 and its 200-day simple moving average is $367.45. The firm has a market cap of $17.91 billion, a PE ratio of -86.89 and a beta of 1.13. The company has a quick ratio of 4.93, a current ratio of 4.93 and a debt-to-equity ratio of 0.90.
MongoDB (NASDAQ:MDB – Get Free Report) last posted its quarterly earnings data on Thursday, May 30th. The company reported ($0.80) EPS for the quarter, hitting analysts’ consensus estimates of ($0.80). The company had revenue of $450.56 million during the quarter, compared to the consensus estimate of $438.44 million. MongoDB had a negative net margin of 11.50% and a negative return on equity of 14.88%. Equities research analysts expect that MongoDB, Inc. will post -2.67 EPS for the current fiscal year.
Analyst Ratings Changes
Read Our Latest Stock Report on MDB
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in MDB. Transcendent Capital Group LLC bought a new position in shares of MongoDB in the fourth quarter valued at $25,000. Blue Trust Inc. increased its stake in shares of MongoDB by 937.5% during the 4th quarter. Blue Trust Inc. now owns 83 shares of the company’s stock worth $34,000 after purchasing an additional 75 shares during the last quarter. Beacon Capital Management LLC lifted its stake in MongoDB by 1,111.1% in the 4th quarter. Beacon Capital Management LLC now owns 109 shares of the company’s stock valued at $45,000 after purchasing an additional 100 shares during the last quarter. YHB Investment Advisors Inc. acquired a new position in MongoDB during the first quarter worth approximately $41,000. Finally, GAMMA Investing LLC bought a new position in shares of MongoDB during the 4th quarter worth approximately $50,000. Institutional investors and hedge funds own 89.29% of the company’s stock.
MongoDB Company Profile
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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