MongoDB Inc (NASDAQ: MDB) is -32.61% lower on its value in year-to-date trading and has touched a low of $212.74 and a high of $509.62 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The MDB stock was last observed hovering at around $271.87 in the last trading session, with the day’s gains setting it 3.67%.
Currently trading at $275.54, the stock is 0.93% and 2.34% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.1 million and changing 1.35% at the moment leaves the stock -14.56% off its SMA200. MDB registered -23.18% loss for a year compared to 6-month loss of -15.86%. The firm has a 50-day simple moving average (SMA 50) of $269.2342 and a 200-day simple moving average (SMA200) of $322.5018.
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The stock witnessed a -2.93% gain in the last 1 month and extending the period to 3 months gives it a 9.12%, and is -5.91% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.86% over the week and 3.53% over the month.
MongoDB Inc (MDB) has around 5037 employees, a market worth around $20.35B and $1.82B in sales. Fwd P/E is 89.89. Profit margin for the company is -12.08%. Distance from 52-week low is 29.52% and -45.93% from its 52-week high. The company has generated returns on investments over the last 12 months (-8.55%).
with sales reaching $497.67M over the same period.The EPS is expected to shrink by -26.53% this year, but quarterly earnings will post 14.80% year-over-year.
MongoDB Inc (MDB) Top Institutional Holders
1002.0 institutions hold shares in MongoDB Inc (MDB), with institutional investors hold 99.42% of the company’s shares. The shares outstanding are 72.74M, and float is at 71.24M with Short Float at 4.75%. Institutions hold 96.22% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 7.09 million shares valued at $1.77 billion. The investor’s holdings represent 9.7133% of the MDB Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 6.12 million shares valued at $1.53 billion to account for 8.3849 of the shares outstanding. The other top investors are FMR LLC which holds 5.1 million shares representing 6.9871% and valued at over $1.27 billion, while WELLINGTON MANAGEMENT GROUP LLP holds 4.8212 of the shares totaling 3.52 million with a market value of $879.61 million.
MongoDB Inc (MDB) Insider Activity
The most recent transaction is an insider sale by Gordon Michael Lawrence, the company’s COO and CFO. SEC filings show that Gordon Michael Lawrence sold 5,000 shares of the company’s common stock on Oct 14 ’24 at a price of $290.31 per share for a total of $1.45 million. Following the sale, the insider now owns 80307.0 shares.
MongoDB Inc disclosed in a document filed with the SEC on Oct 15 ’24 that MERRIMAN DWIGHT A (Director) sold a total of 1,385 shares of the company’s common stock. The trade occurred on Oct 15 ’24 and was made at $287.82 per share for $0.4 million. Following the transaction, the insider now directly holds 89063.0 shares of the MDB stock.
Still, SEC filings show that on Oct 10 ’24, MERRIMAN DWIGHT A (Director) disposed off 1,000 shares at an average price of $272.97 for $0.27 million. The insider now directly holds 1,130,006 shares of MongoDB Inc (MDB).
