MongoDB Inc (NASDAQ: MDB) is -16.82% lower on its value in year-to-date trading and has touched a low of $173.13 and a high of $387.19 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 $198.66 in the last trading session, with the day’s loss setting it -5.0%.
Currently trading at $193.66, the stock is -7.21% and -21.63% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.11 million and changing -2.52% at the moment leaves the stock -25.82% off its SMA200. MDB registered -45.52% loss for a year compared to 6-month loss of -30.71%. The firm has a 50-day simple moving average (SMA 50) of $248.0305 and a 200-day simple moving average (SMA200) of $261.25076.
The stock witnessed a -25.43% gain in the last 1 month and extending the period to 3 months gives it a -21.16%, and is 1.89% up 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 3.55% over the week and 5.55% over the month.
MongoDB Inc (MDB) has around 5558 employees, a market worth around $15.72B and $2.01B in sales. Fwd P/E is 57.43. Profit margin for the company is -6.43%. Distance from 52-week low is 11.86% and -49.98% from its 52-week high. The company has generated returns on investments over the last 12 months (-4.54%).
The EPS is expected to shrink by -28.55% this year
1073.0 institutions hold shares in MongoDB Inc (MDB), with institutional investors hold 88.48% of the company’s shares. The shares outstanding are 80.47M, and float is at 78.31M with Short Float at 3.88%. Institutions hold 85.87% 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 8.3218 of the shares outstanding. The other top investors are FMR LLC which holds 5.1 million shares representing 6.9345 and valued at over $1.27 billion, while WELLINGTON MANAGEMENT GROUP LLP holds 4.7849 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 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).
