MongoDB Inc (NASDAQ: MDB) is 3.17% higher 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 continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The MDB stock was last observed hovering at around $245.22 in the last trading session, with the day’s loss setting it -5.03%.
Currently trading at $240.19, the stock is -3.70% and -14.89% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.93 million and changing -2.05% at the moment leaves the stock -15.78% off its SMA200. MDB registered -38.91% loss for a year compared to 6-month gain of -5.13%. The firm has a 50-day simple moving average (SMA 50) of $282.91 and a 200-day simple moving average (SMA200) of $285.7625.
The stock witnessed a -17.43% loss in the last 1 month and extending the period to 3 months gives it a -17.94%, and is -2.52% 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 3.77% over the week and 4.00% over the month.
MongoDB Inc (MDB) has around 5037 employees, a market worth around $17.89B and $1.92B in sales. Fwd P/E is 71.95. Profit margin for the company is -10.46%. Distance from 52-week low is 12.90% and -52.87% from its 52-week high. The company has generated returns on investments over the last 12 months (-12.83%).
with sales reaching $519.45M over the same period.The EPS is expected to shrink by -10.08% this year, but quarterly earnings will post 17.62% year-over-year. Quarterly sales are estimated to grow 13.42% in year-over-year returns.
MongoDB Inc (MDB) Top Institutional Holders
1028.0 institutions hold shares in MongoDB Inc (MDB), with institutional investors hold 97.85% of the company’s shares. The shares outstanding are 74.39M, and float is at 71.81M with Short Float at 2.38%. Institutions hold 94.73% 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
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MongoDB Inc disclosed in a document filed with the SEC on Jan 03 ’25 that Pech Cedric (President, Field Operations) sold a total of 998 shares of the company’s common stock. The trade occurred on Jan 03 ’25 and was made at $250.00 per share for $0.25 million. Following the transaction, the insider now directly holds 23392.0 shares of the MDB stock.
Still, SEC filings show that on Jan 02 ’25, Pech Cedric (President, Field Operations) disposed off 287 shares at an average price of $234.09 for $67184.0. The insider now directly holds 24,390 shares of MongoDB Inc (MDB).
