MongoDB, Inc. (NASDAQ:MDB – Get Free Report) Director Dwight A. Merriman sold 1,000 shares of the firm’s stock in a transaction on Thursday, June 27th. The stock was sold at an average price of $245.00, for a total value of $245,000.00. Following the sale, the director now directly owns 1,146,003 shares of the company’s stock, valued at approximately $280,770,735. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
MongoDB Stock Up 2.4 %
Shares of NASDAQ MDB opened at $249.96 on Friday. The company has a market capitalization of $18.33 billion, a price-to-earnings ratio of -88.95 and a beta of 1.13. The company has a debt-to-equity ratio of 0.90, a current ratio of 4.93 and a quick ratio of 4.93. The business has a 50-day moving average of $304.59 and a two-hundred day moving average of $366.25. MongoDB, Inc. has a 1 year low of $214.74 and a 1 year high of $509.62.
MongoDB (NASDAQ:MDB – Get Free Report) last announced its quarterly earnings results on Thursday, May 30th. The company reported ($0.80) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.80). MongoDB had a negative return on equity of 14.88% and a negative net margin of 11.50%. The company had revenue of $450.56 million during the quarter, compared to the consensus estimate of $438.44 million. On average, analysts forecast that MongoDB, Inc. will post -2.67 earnings per share for the current fiscal year.
Analyst Ratings Changes
Read Our Latest Stock Report on MongoDB
Institutional Trading of MongoDB
A number of hedge funds and other institutional investors have recently made changes to their positions in MDB. Transcendent Capital Group LLC acquired a new stake in shares of MongoDB during the fourth quarter worth about $25,000. Blue Trust Inc. increased its position in shares of MongoDB by 937.5% during the fourth quarter. Blue Trust Inc. now owns 83 shares of the company’s stock worth $34,000 after purchasing an additional 75 shares in the last quarter. YHB Investment Advisors Inc. acquired a new stake in shares of MongoDB during the first quarter worth about $41,000. Parkside Financial Bank & Trust increased its position in shares of MongoDB by 38.3% during the third quarter. Parkside Financial Bank & Trust now owns 130 shares of the company’s stock worth $45,000 after purchasing an additional 36 shares in the last quarter. Finally, Beacon Capital Management LLC increased its position in shares of MongoDB by 1,111.1% during the fourth quarter. Beacon Capital Management LLC now owns 109 shares of the company’s stock worth $45,000 after purchasing an additional 100 shares in the last quarter. 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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