MongoDB Inc (NASDAQ: MDB) is 13.45% higher on its value in year-to-date trading and has touched a low of $212.74 and a high of $428.90 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 $254.38 in the last trading session, with the day’s gains setting it 9.75%.
Currently trading at $264.13, the stock is -4.73% and 0.53% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.3 million and changing 3.83% at the moment leaves the stock -2.23% off its SMA200. MDB registered -39.54% loss for a year compared to 6-month loss of -9.17%.
The stock witnessed a -1.75% gain in the last 1 month and extending the period to 3 months gives it a -18.10%, and is -1.55% 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 5.89% over the week and 4.59% over the month.
MongoDB Inc (MDB) has around 5037 employees, a market worth around $19.67B and $1.92B in sales. Fwd P/E is 61.74. Profit margin for the company is -10.46%. Distance from 52-week low is 24.16% and -38.42% from its 52-week high. The company has generated returns on investments over the last 12 months (-12.83%).
with sales reaching $519.84M over the same period.The EPS is expected to shrink by -7.63% this year, but quarterly earnings will post 17.62% year-over-year. Quarterly sales are estimated to grow 13.50% in year-over-year returns.
The shares outstanding are 74.39M, and float is at 71.83M with Short Float at 2.96%.
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
A total of 0 insider transactions have happened at MongoDB Inc (MDB) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider sale by MERRIMAN DWIGHT A, the company’s Director. SEC filings show that MERRIMAN DWIGHT A sold 3,000 shares of the company’s common stock on Mar 03 ’25 at a price of $270.63 per share for a total of $0.81 million. Following the sale, the insider now owns 1.11 million shares.
Still, SEC filings show that on Feb 26 ’25, Ittycheria Dev (President & CEO) disposed off 8,335 shares at an average price of $267.48 for $2.23 million. The insider now directly holds 217,294 shares of MongoDB Inc (MDB).
MongoDB Inc (MDB): Who are the competitors?
One of the company’s main competitors (and peers) include Progress Software Corp. (PRGS) that is trading 5.33% up over the past 12 months.Pixelworks Inc. (PXLW) lies in the list of competitors of the MongoDB Inc and is -76.11% lower over the same period from MDBPASSUR Aerospace Inc. (PSSR) is -96.00% down on the 1-year trading charts.
