Month: August 2023
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Mitsubishi UFJ Trust & Banking Corp increased its stake in shares of MongoDB, Inc. (NASDAQ:MDB – Free Report) by 4.7% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 41,593 shares of the company’s stock after buying an additional 1,866 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp owned about 0.06% of MongoDB worth $9,696,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently added to or reduced their stakes in MDB. 1832 Asset Management L.P. increased its stake in MongoDB by 3,283,771.0% during the fourth quarter. 1832 Asset Management L.P. now owns 1,018,000 shares of the company’s stock worth $200,383,000 after acquiring an additional 1,017,969 shares during the last quarter. Renaissance Technologies LLC increased its stake in MongoDB by 493.2% during the fourth quarter. Renaissance Technologies LLC now owns 918,200 shares of the company’s stock worth $180,738,000 after acquiring an additional 763,400 shares during the last quarter. Norges Bank acquired a new stake in MongoDB during the fourth quarter worth $147,735,000. William Blair Investment Management LLC increased its stake in MongoDB by 2,354.2% during the fourth quarter. William Blair Investment Management LLC now owns 387,366 shares of the company’s stock worth $76,249,000 after acquiring an additional 371,582 shares during the last quarter. Finally, First Trust Advisors LP increased its stake in MongoDB by 72.9% during the fourth quarter. First Trust Advisors LP now owns 613,818 shares of the company’s stock worth $120,935,000 after acquiring an additional 258,783 shares during the last quarter. Hedge funds and other institutional investors own 89.22% of the company’s stock.
MongoDB Stock Down 0.1 %
Shares of NASDAQ MDB opened at $350.83 on Monday. The company has a quick ratio of 4.19, a current ratio of 4.19 and a debt-to-equity ratio of 1.44. The business has a 50-day moving average of $392.58 and a two-hundred day moving average of $294.95. MongoDB, Inc. has a 1 year low of $135.15 and a 1 year high of $439.00.
MongoDB (NASDAQ:MDB – Get Free Report) last posted its earnings results on Thursday, June 1st. The company reported $0.56 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.38. MongoDB had a negative return on equity of 43.25% and a negative net margin of 23.58%. The business had revenue of $368.28 million during the quarter, compared to the consensus estimate of $347.77 million. During the same period in the previous year, the business earned ($1.15) EPS. The business’s quarterly revenue was up 29.0% on a year-over-year basis. Research analysts anticipate that MongoDB, Inc. will post -2.8 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
A number of brokerages have recently weighed in on MDB. 58.com reaffirmed a “maintains” rating on shares of MongoDB in a research note on Monday, June 26th. Oppenheimer lifted their price objective on MongoDB from $270.00 to $430.00 in a research note on Friday, June 2nd. KeyCorp lifted their price objective on MongoDB from $372.00 to $462.00 and gave the company an “overweight” rating in a research note on Friday, July 21st. The Goldman Sachs Group lifted their price objective on MongoDB from $420.00 to $440.00 in a research note on Friday, June 23rd. Finally, Barclays lifted their price objective on MongoDB from $374.00 to $421.00 in a research note on Monday, June 26th. One analyst has rated the stock with a sell rating, three have issued a hold rating and twenty have given a buy rating to the company’s stock. Based on data from MarketBeat.com, MongoDB currently has an average rating of “Moderate Buy” and an average target price of $378.09.
Read Our Latest Stock Report on MongoDB
Insider Activity
In other news, Director Dwight A. Merriman sold 6,000 shares of the business’s stock in a transaction dated Friday, August 4th. The stock was sold at an average price of $415.06, for a total value of $2,490,360.00. Following the completion of the sale, the director now directly owns 1,207,159 shares of the company’s stock, valued at approximately $501,043,414.54. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, Director Dwight A. Merriman sold 6,000 shares of the business’s stock in a transaction dated Friday, August 4th. The stock was sold at an average price of $415.06, for a total value of $2,490,360.00. Following the completion of the sale, the director now directly owns 1,207,159 shares of the company’s stock, valued at approximately $501,043,414.54. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CRO Cedric Pech sold 360 shares of the company’s stock in a transaction that occurred on Monday, July 3rd. The shares were sold at an average price of $406.79, for a total value of $146,444.40. Following the sale, the executive now directly owns 37,156 shares of the company’s stock, valued at $15,114,689.24. The disclosure for this sale can be found here. In the last three months, insiders sold 102,220 shares of company stock valued at $38,763,571. Insiders own 4.80% of the company’s stock.
MongoDB Company Profile
MongoDB, Inc provides general purpose database platform worldwide. The company offers 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-premise, 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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August 20, 2023
MongoDB, Inc. (NASDAQ:MDB), a leading provider of modern general purpose databases, has recently caught the attention of investors and analysts alike. In light of this, Nelson Van Denburg & Campbell Wealth Management Group LLC made headlines by reducing their position in MongoDB by 29.5% during the first quarter of this year.
According to their most recent 13F filing with the Securities and Exchange Commission (SEC), Nelson Van Denburg & Campbell Wealth Management Group LLC sold approximately 614 shares, leaving them with a total of 1,470 shares in MongoDB. This move reduced their holdings in the company to an estimated value of $343,000 at the end of the quarter.
The decision by Nelson Van Denburg & Campbell Wealth Management Group LLC highlights a shift in their investment strategy. While it is important to note that such adjustments are not necessarily indicative of a negative outlook on MongoDB’s future performance, investors are often keenly attuned to any changes made by prominent wealth management groups.
Coinciding with this news was MongoDB’s release of its quarterly earnings data on June 1st. According to reports, the company reported an impressive EPS (Earnings Per Share) of $0.56 for the quarter. This figure exceeded analysts’ consensus estimates by $0.38.
However, it is worth noting that MongoDB had a negative return on equity and net margin during this period. Despite facing these challenges, the company’s revenue for the quarter amounted to $368.28 million—a considerable increase compared to the consensus estimate of $347.77 million. These results signify strong growth for MongoDB, as its quarterly revenue showed a marked improvement of 29% over the same period last year.
Providing further insight into recent developments within MongoDB is CEO Dev Ittycheria’s sale of 50,000 shares on July 5th at an average price of $407.07. The total value of this transaction amounted to an impressive $20,353,500. Following the sale, Ittycheria still holds 218,085 shares in the company.
Also making headlines was director Dwight A. Merriman’s sale of 6,000 shares on August 4th, at an average price of $415.06. This resulted in a total value of $2,490,360 for the transaction. Merriman’s current holding now stands at 1,207,159 shares in MongoDB.
These insider sales should be interpreted with caution as they do not necessarily indicate a bearish outlook on the company itself. However, investors should take note of such activities as part of their due diligence process.
It is worth mentioning that over the past 90 days alone, insiders have sold a total of 102,220 shares valued at $38,763,571. Corporate insiders currently own approximately 4.80% of MongoDB’s stock.
As financial analysts continue to monitor these developments within MongoDB and its associate companies carefully, it is crucial to understand that investment decisions should be based on comprehensive research and analysis rather than relying solely on news regarding insider transactions.
Reference:
“Nelson Van Denburg & Campbell Wealth Management Group LLC Trims Holdings in MongoDB.” Financial Market News (August 20th).
MongoDB, Inc.
MDB
Buy
Updated on: 21/08/2023
Investors Show Optimism and Support for MongoDB’s Growth Potential in the Ever-Evolving World of Technology
In the ever-evolving world of technology, it is essential for investors to keep a close eye on the performance and potential of various companies. MongoDB, Inc., a leading provider of modern general-purpose databases, has attracted significant attention from large investors in recent months.
One notable investor that has modified its holdings of MongoDB stock is Pictet Asset Management SA. In the first quarter, Pictet Asset Management SA increased its stake in MongoDB by 2.6%, now owning 23,681 shares valued at $5,521,000. This rise in ownership came after the purchase of an additional 598 shares during the last quarter, demonstrating Pictet Asset Management SA’s confidence in the company’s growth prospects.
Similarly, Keybank National Association OH also increased its stake in MongoDB by an impressive 20.9% during the first quarter. The company now owns 1,915 shares valued at $446,000 after acquiring an additional 331 shares. This increase further emphasizes Keybank National Association OH’s belief in MongoDB’s ability to deliver strong returns.
Mitsubishi UFJ Trust & Banking Corp also saw potential in MongoDB and grew its stake by 4.7% during the first quarter. Now owning 41,593 shares valued at $9,696,000, Mitsubishi UFJ Trust & Banking Corp acquired an additional 1,866 shares during the last quarter. This move highlights their confidence in MongoDB’s sustained success and long-term growth potential.
Even Spire Wealth Management sought to capitalize on MongoDB’s promising future by acquiring a new stake in the company valued at approximately $91,000 during the first quarter. Similarly motivated by future returns is Kornitzer Capital Management Inc. KS which acquired a new stake worth around $326,000 during the same period.
It is important to note that these institutional investors and hedge funds now collectively own an astounding 89.22% of MongoDB’s stock. This indicates a significant level of confidence and belief in the company’s trajectory and future successes.
The recent performance of MongoDB’s stock has also been commendable. On Friday, the stock opened at $350.83, with a fifty-day moving average price of $392.58 and a two-hundred-day moving average price of $294.48. This upward trend in stock prices further supports the positive sentiments shared by these institutional investors.
Numerous equities research analysts have provided their assessments of MongoDB’s stock performance. Citigroup, for instance, raised their price objective from $363.00 to $430.00 in a research note released on June 2nd. Royal Bank of Canada also expressed optimism, increasing their price objective from $400.00 to $445.00 on June 23rd.
It is worth noting that Bloomberg reported an average rating of “Moderate Buy” for MongoDB stock accompanied by a consensus target price of $378.09, as per evaluations from various analysts.
In conclusion, MongoDB has captured the interest and support of several notable institutional investors due to its promising growth potential within the technology industry. With impressive increases in stake from Pictet Asset Management SA, Keybank National Association OH, Mitsubishi UFJ Trust & Banking Corp, as well as new acquisitions by Spire Wealth Management and Kornitzer Capital Management Inc., it is evident that these investors are buoyant about the prospects offered by MongoDB.
Moreover, with positive ratings and increased target prices from research analysts, it seems that both institutional investors and experts alike foresee continued success for MongoDB as its services remain highly sought after in an increasingly data-driven world. As we move forward into August 20, 2023, all eyes will be on this dynamic company and its ongoing impact on the technology sector.
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MAI Capital Management reduced its position in shares of MongoDB, Inc. (NASDAQ:MDB – Free Report) by 3.7% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 4,047 shares of the company’s stock after selling 157 shares during the quarter. MAI Capital Management’s holdings in MongoDB were worth $943,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in shares of MongoDB by 2.1% during the first quarter. Vanguard Group Inc. now owns 5,970,224 shares of the company’s stock valued at $2,648,332,000 after buying an additional 121,201 shares during the last quarter. Franklin Resources Inc. boosted its stake in MongoDB by 6.4% during the 4th quarter. Franklin Resources Inc. now owns 1,962,574 shares of the company’s stock valued at $386,313,000 after purchasing an additional 118,055 shares during the last quarter. State Street Corp boosted its stake in MongoDB by 1.8% during the 3rd quarter. State Street Corp now owns 1,349,260 shares of the company’s stock valued at $267,909,000 after purchasing an additional 23,846 shares during the last quarter. 1832 Asset Management L.P. increased its holdings in MongoDB by 3,283,771.0% during the 4th quarter. 1832 Asset Management L.P. now owns 1,018,000 shares of the company’s stock worth $200,383,000 after purchasing an additional 1,017,969 shares in the last quarter. Finally, Geode Capital Management LLC raised its stake in shares of MongoDB by 4.5% in the fourth quarter. Geode Capital Management LLC now owns 931,748 shares of the company’s stock worth $183,193,000 after purchasing an additional 39,741 shares during the last quarter. Institutional investors own 89.22% of the company’s stock.
Analyst Ratings Changes
Several brokerages recently issued reports on MDB. Royal Bank of Canada upped their price target on MongoDB from $400.00 to $445.00 in a report on Friday, June 23rd. Citigroup upped their price objective on shares of MongoDB from $363.00 to $430.00 in a research report on Friday, June 2nd. William Blair reissued an “outperform” rating on shares of MongoDB in a research report on Friday, June 2nd. Guggenheim lowered MongoDB from a “neutral” rating to a “sell” rating and upped their target price for the company from $205.00 to $210.00 in a report on Thursday, May 25th. They noted that the move was a valuation call. Finally, Truist Financial lifted their price target on MongoDB from $365.00 to $420.00 in a report on Friday, June 23rd. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and twenty have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $378.09.
View Our Latest Research Report on MDB
MongoDB Trading Down 0.1 %
Shares of MDB opened at $350.83 on Monday. MongoDB, Inc. has a twelve month low of $135.15 and a twelve month high of $439.00. The stock has a market cap of $24.76 billion, a PE ratio of -75.12 and a beta of 1.13. The company has a quick ratio of 4.19, a current ratio of 4.19 and a debt-to-equity ratio of 1.44. The business’s 50-day moving average price is $392.58 and its 200-day moving average price is $294.95.
MongoDB (NASDAQ:MDB – Get Free Report) last posted its earnings results on Thursday, June 1st. The company reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.38. The business had revenue of $368.28 million for the quarter, compared to analysts’ expectations of $347.77 million. MongoDB had a negative net margin of 23.58% and a negative return on equity of 43.25%. The business’s revenue for the quarter was up 29.0% compared to the same quarter last year. During the same period in the prior year, the company posted ($1.15) EPS. On average, equities analysts forecast that MongoDB, Inc. will post -2.8 EPS for the current fiscal year.
Insider Buying and Selling
In other MongoDB news, Director Dwight A. Merriman sold 1,000 shares of the firm’s stock in a transaction dated Tuesday, July 18th. The stock was sold at an average price of $420.00, for a total value of $420,000.00. Following the sale, the director now owns 1,213,159 shares of the company’s stock, valued at approximately $509,526,780. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In related news, Director Dwight A. Merriman sold 3,000 shares of the stock in a transaction on Thursday, June 1st. The stock was sold at an average price of $285.34, for a total value of $856,020.00. Following the transaction, the director now owns 1,219,954 shares of the company’s stock, valued at $348,101,674.36. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Dwight A. Merriman sold 1,000 shares of MongoDB stock in a transaction dated Tuesday, July 18th. The stock was sold at an average price of $420.00, for a total value of $420,000.00. Following the sale, the director now directly owns 1,213,159 shares of the company’s stock, valued at approximately $509,526,780. The disclosure for this sale can be found here. Insiders sold a total of 102,220 shares of company stock worth $38,763,571 over the last ninety days. 4.80% of the stock is owned by corporate insiders.
About MongoDB
MongoDB, Inc provides general purpose database platform worldwide. The company offers 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-premise, 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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Java News Roundup: JDK 21 RC1, Apache Camel 4.0, Payara Platform, Apache Tomcat, Micronaut
MMS • Michael Redlich
Article originally posted on InfoQ. Visit InfoQ
This week’s Java roundup for August 14th, 2023 features news from OpenJDK, JDK 22, JDK 21, Apache Camel 4.0.0, Payara Platform and point and milestone releases of: Spring Framework, Spring Data, Spring Modulith, Apache Tomcat, Micronaut, Micrometer Metrics and Tracing, Project Reactor, Hibernate Search, Infinispan, JHipster React Native, JBang, Piranha, Byte Buddy, JobRunr, Arquillian and Gradle.
OpenJDK
Daniel Smith, Programming Language Designer at Oracle, has updated JEP 401, Null-Restricted Value Object Storage (Preview), to align with Oracle’s “latest design ideas for expressing flattenability in the language and in class files.” Originally named Primitive Classes (Preview), this JEP supports null-restricted storage of value objects, as specified in JEP Draft 8277163, Value Objects (Preview), in fields and array components that are initialized to an initial instance of the class and reject attempts to write a null value.
JDK 21
As per the JDK 21 release schedule, Mark Reinhold, chief architect, Java Platform Group at Oracle, formally declared that JDK 21 has entered its first release candidate as there are no unresolved P1 bugs in Build 35. The anticipated GA release is scheduled for September 19, 2023.
The final set of 15 features in JDK 21 will include:
Build 35 remains the current build in the JDK 21 early-access builds. Further details on this build may be found in the release notes.
JDK 22
Build 11 of the JDK 22 early-access builds was also made available this past week featuring updates from Build 10 that include fixes to various issues. More details on this build may be found in the release notes.
For JDK 22 and JDK 21, developers are encouraged to report bugs via the Java Bug Database.
Spring Framework
The fourth milestone release of Spring Framework 6.1 delivers dependency upgrades and notable changes such as: support for resource patterns in the @TestPropertySource annotation; support for class-based mapping in the DatabaseClient interface; and a new RowMapper interface that provides automatic binding to database fields. Further details on this release may be found in the list of issues.
The second milestone release of Spring Data 2023.1.0, codenamed Vaughn, delivers: compatibility with JDK 21; support for Kotlin value classes; the use of virtual threads through the Executor interface; and an exploration for optimizations using Coordinated Restore at Checkpoint (CRaC). More details on this release may be found in the release notes.
Similarly, versions 2023.0.3, 2022.0.9 and 2021.2.15, service releases of Spring Data, ship with bug fixes and respective dependency upgrades to sub-projects such as: Spring Data MongoDB 4.1.3, 4.0.9 and 3.4.15; Spring Data Elasticsearch 5.1.3, 5.0.9, and 4.4.15; and Spring Data Neo4j 7.1.3, 7.0.9 and 6.3.15.
The second release candidate of Spring Modulith 1.0 ships with notable changes such as: consistent use of event_publication as a table name for the relational stores and as a collection name for MongoDB in the Event Publication Registry; a rename of the actuator to modulith that eliminates the previous use of dashes in actuator names; and explicit declaration of @ApplicationModule(allowedDependencies = {}) should disallow any outgoing dependencies. Further details on this release may be found in the release notes.
Apache Software Foundation
The release of Apache Camel 4.0.0 provides many bug fixes, dependency upgrades, improvements and new features such as support for: Spring Boot 3 AOT native compile with GraalVM; Micrometer Observation; and pagination in Camel JPA. More details on this release may be found in the release notes. InfoQ will follow up with a more detailed news story.
Versions 11.0.0-M10, 10.1.12, 9.0.79 and 8.5.92 of Apache Tomcat were released this past week with all four versions providing bug fixes and improvements such as: a refactor of the HTTP/2 implementation to reduce pinning when using virtual threads; the addition of pass-through ciphers referring to an OpenSSL profile, such as PROFILE=SYSTEM, instead of producing an error trying to parse it; and a dependency upgrade to Tomcat Native 2.0.5. Further details on these releases may be found in the release notes for version 11.0.0-M10, version 10.1.12, version 9.0.79 and version 8.5.92.
Payara
Payara has released their August 2023 edition of the Payara Platform that includes Community Edition 6.2023.8, Enterprise Edition 6.5.0 and Enterprise Edition 5.54.0 featuring notable bug fixes such as: the inability to instantiate the LdapCtxFactory class with JDK 17; cannot start Payara Server on JDK 11.0.20 or JDK 17.0.8 due to an error in the libpam4j-repackaged.jar dependency; and an exception when using the getConnection() method defined in the DataSource interface due to transactions displaying the wrong status. More details on these versions may be found in the release notes for Community Edition 6.2023.8 and Enterprise Edition 6.5.0.
Micronaut
The Micronaut Foundation has released versions 4.0.4, 3.10.1 and 3.9.6 of the Micronaut Framework. Version 4.0.4 provides updates to modules: Micronaut GraphQL, Micronaut Neo4J, Micronaut Reactor, Micronaut Servlet, Micronaut Cache and Micronaut CRaC modules. Versions 3.10.1 and 3.9.6 deliver a change in the SDKMan Gradle task in which the sdkMajorRelease property was replaced by sdkMinorRelease consisting of a combined release and announcement. Further details on these releases may be found in the release notes for version 4.0.4, version 3.10.1 and version 3.9.6.
Hibernate
The release of Hibernate Search 6.2.1.Final ships with notable changes such as: the ability to read Jandex indexes of repackaged Spring applications assuming the application runs on JDK 13 or greater; search queries with partial failures can now trigger an exception if the configuration property, hibernate.search.backend.query.shard_failure.ignore, is set to false; dependency upgrades to Hibernate ORM 6.2.7.Final and Elasticsearch client 8.9.0; and compatibility with OpenSearch 2.9.0.
Micrometer
Versions 1.12.0-M2, 1.11.3, 1.10.10 and 1.9.14 of Micrometer Metrics have been released featuring bug fixes, improvements in documentation, dependency upgrades and new features such as: removal of the requirement to set an instance of the ObservationRegistry interface on the ObservationThreadLocalAccessor class; and a new JmsInstrumentation class that instruments instances of a Jakarta Messaging Session interface with the Observation API. More details on these releases may be found in the release notes for version 1.12.0-M2, version 1.11.3, version 1.10.10 and version 1.9.14.
Similarly, versions 1.2.0-M2, 1.1.4 and 1.0.9 of Micrometer Tracing have been released featuring dependency upgrades and implementing the use of the CurrentTraceContext interface for the OpenTelemetry Tracer interface for more efficient use of merging scopes, baggages and checking for no-ops. Further details on these releases may be found in the release notes for version 1.2.0-M2, version 1.1.4 and version 1.0.9.
Infinispan
The release of Infinispan 14.0.14 provides notable changes such as: remove of any use of Hibernate Search 5 annotations in Infinispan tests; dependency upgrades to Netty 4.1.94.Final and Jackson 2.15.2 to address CVEs; and the ability for the InvalidatedNearRemoteCache to persist stale values in case of of concurrent access. More details on this release may be found in the changelog.
JHipster
Version 4.4.0 of JHipster React Native has been released featuring: an upgrade to Expo 49 SDK with React Native 0.72.3; update notice and license information in the LICENSE file; and update copyright headers. Further details on this release may be found in the changelog.
JBang
The release of JBang 0.110.1 ships with bug fixes: a NullPointerException when running in a container; and the use of the -g flag in the getCompileOptions() method defined in the JavaSource class to replace using the JAVAC_OPTIONS and COMPILE_OPTIONS environmental variables.
Piranha
The release of Piranha 23.8.0 delivers notable changes such as: the use of the PiranhaConfiguration interface for distributions; a new ExitOnStopFeature class that exits the JVM after all features have been requested to be stopped; and a new WebAppFeature class that provides the capability to host a single web application. More details on this release may be found in their documentation and issue tracker.
Project Reactor
The second milestone release of Project Reactor 2023.0.0 provides dependency upgrades to reactor-core 3.6.0-M2, reactor-netty 1.1.10 and reactor-kafka 1.3.20. There was also a realignment to version 2023.0.0-M2 with the reactor-pool 1.0.1, reactor-addons 3.5.1 and reactor-kotlin-extensions 1.2.2 artifacts that remain unchanged. Further details on this release may be found in the changelog.
Similarly, Project Reactor 2022.0.10, the tenth maintenance release, provides dependency upgrades to reactor-core 3.5.9, reactor-netty 1.1.10 and reactor-kafka 1.3.20. There was also a realignment to version 2022.0.10 with the reactor-pool 1.0.1, reactor-addons 3.5.1 and reactor-kotlin-extensions 1.2.2 artifacts that remain unchanged. More details on this release may be found in the changelog.
Byte Buddy
The release of Byte Buddy 1.14.6 delivers notable changes such as: the addition of a SUBSTITUTE enum in the AgentBuilder.PatchMode enum and a Substitutable subinterface in the ResettableClassFileTransformer interface for in-order patching; allow for explicit specification of a differential matcher when patching an AgentBuilder interface; and create JAR files for Android read-only as newer versions require it. Further details on this release may be found in the release notes.
JobRunr
Version 6.3.0 of JobRunr, a library for background processing in Java that is distributed and backed by persistent storage, has been released that ships with bug fixes and new features such as: support for Micronaut 4.0 and Kotlin 1.9; performance improvements in the JobRunr dashboard resulting in less calls to the JobRunr REST API; stability improvements to minimize instances of a SevereJobRunrException class being thrown; and a new timeout to automatically interrupt an instance of a Job class, if necessary. More details on this release may be found in the release notes.
Arquillian
The release of Arquillian 1.7.1.Final provides: a fix for an artifact in arquillian-bom-1.7.0.Final throwing a checksum validation error when using Maven 3.6.3; and a dependency upgrade to RESTEasy 6.2.4.Final. Further details on this release may be found in the changelog.
Gradle
The release of Gradle 8.3 delivers: support for JDK 20; faster Java compilation using worker processes to run the Java compiler as a compiler daemon; the ability to experiment with the Kotlin K2 compiler; and improved output from the CodeNarc plugin. More details on this release may be found in the release notes.
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Mitsubishi UFJ Trust & Banking Corp increased its stake in shares of MongoDB, Inc. (NASDAQ:MDB – Free Report) by 4.7% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 41,593 shares of the company’s stock after buying an additional 1,866 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp owned about 0.06% of MongoDB worth $9,696,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently added to or reduced their stakes in MDB. 1832 Asset Management L.P. increased its stake in MongoDB by 3,283,771.0% during the fourth quarter. 1832 Asset Management L.P. now owns 1,018,000 shares of the company’s stock worth $200,383,000 after acquiring an additional 1,017,969 shares during the last quarter. Renaissance Technologies LLC increased its stake in MongoDB by 493.2% during the fourth quarter. Renaissance Technologies LLC now owns 918,200 shares of the company’s stock worth $180,738,000 after acquiring an additional 763,400 shares during the last quarter. Norges Bank acquired a new stake in MongoDB during the fourth quarter worth $147,735,000. William Blair Investment Management LLC increased its stake in MongoDB by 2,354.2% during the fourth quarter. William Blair Investment Management LLC now owns 387,366 shares of the company’s stock worth $76,249,000 after acquiring an additional 371,582 shares during the last quarter. Finally, First Trust Advisors LP increased its stake in MongoDB by 72.9% during the fourth quarter. First Trust Advisors LP now owns 613,818 shares of the company’s stock worth $120,935,000 after acquiring an additional 258,783 shares during the last quarter. Hedge funds and other institutional investors own 89.22% of the company’s stock.
MongoDB Stock Down 0.1 %
Shares of NASDAQ MDB opened at $350.83 on Monday. The company has a quick ratio of 4.19, a current ratio of 4.19 and a debt-to-equity ratio of 1.44. The business has a 50-day moving average of $392.58 and a two-hundred day moving average of $294.95. MongoDB, Inc. has a 1 year low of $135.15 and a 1 year high of $439.00.
MongoDB (NASDAQ:MDB – Get Free Report) last posted its earnings results on Thursday, June 1st. The company reported $0.56 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.38. MongoDB had a negative return on equity of 43.25% and a negative net margin of 23.58%. The business had revenue of $368.28 million during the quarter, compared to the consensus estimate of $347.77 million. During the same period in the previous year, the business earned ($1.15) EPS. The business’s quarterly revenue was up 29.0% on a year-over-year basis. Research analysts anticipate that MongoDB, Inc. will post -2.8 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
A number of brokerages have recently weighed in on MDB. 58.com reaffirmed a “maintains” rating on shares of MongoDB in a research note on Monday, June 26th. Oppenheimer lifted their price objective on MongoDB from $270.00 to $430.00 in a research note on Friday, June 2nd. KeyCorp lifted their price objective on MongoDB from $372.00 to $462.00 and gave the company an “overweight” rating in a research note on Friday, July 21st. The Goldman Sachs Group lifted their price objective on MongoDB from $420.00 to $440.00 in a research note on Friday, June 23rd. Finally, Barclays lifted their price objective on MongoDB from $374.00 to $421.00 in a research note on Monday, June 26th. One analyst has rated the stock with a sell rating, three have issued a hold rating and twenty have given a buy rating to the company’s stock. Based on data from MarketBeat.com, MongoDB currently has an average rating of “Moderate Buy” and an average target price of $378.09.
Read Our Latest Stock Report on MongoDB
Insider Activity
In other news, Director Dwight A. Merriman sold 6,000 shares of the business’s stock in a transaction dated Friday, August 4th. The stock was sold at an average price of $415.06, for a total value of $2,490,360.00. Following the completion of the sale, the director now directly owns 1,207,159 shares of the company’s stock, valued at approximately $501,043,414.54. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, Director Dwight A. Merriman sold 6,000 shares of the business’s stock in a transaction dated Friday, August 4th. The stock was sold at an average price of $415.06, for a total value of $2,490,360.00. Following the completion of the sale, the director now directly owns 1,207,159 shares of the company’s stock, valued at approximately $501,043,414.54. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CRO Cedric Pech sold 360 shares of the company’s stock in a transaction that occurred on Monday, July 3rd. The shares were sold at an average price of $406.79, for a total value of $146,444.40. Following the sale, the executive now directly owns 37,156 shares of the company’s stock, valued at $15,114,689.24. The disclosure for this sale can be found here. In the last three months, insiders sold 102,220 shares of company stock valued at $38,763,571. Insiders own 4.80% of the company’s stock.
MongoDB Company Profile
MongoDB, Inc provides general purpose database platform worldwide. The company offers 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-premise, 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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Celebrate Malaysia’s Diversity with a Captivating Generative AI Music Video for Hari …
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TM introduces AIDENTITI™ KITA, an innovative campaign that blends music and Artificial Intelligence (AI) technology to celebrate Malaysia’s rich diversity this Bulan Kebangsaan.
Aligning with TM’s mission to bring new technologies to everyday Malaysians, the campaign showcases the country’s people and traditions through a unique digital perspective and inclusive on-ground engagements where communities from all walks of life can experience AI up close.
The campaign debuts with Malaysia’s first Bulan Kebangsaan music video made with Generative AI that translates the nation’s rich culture and heritage into captivating digital art and scenes using text prompts. The music video features the talents of MK (K-Clique), Suki Low and Balan Kash.
Amar Huzaimi Md Deris, TM’s Group Chief Executive Officer said, “As the pioneer of a Digital Malaysia, TM envisions AIDENTITI™ KITA as a catalytic engine for evolving perspectives, catalysing efforts to bridge the digital gap, and aligning Malaysia with advanced nations in the digital realm. This commitment also aligns with The National Artificial Intelligence Roadmap, with AI as one of the foundation technologies of the 4th Industrial Revolution.”
“The campaign also embodies the core of our brand promise, ‘Your Next is Now’, as well as our unwavering commitment to introducing cutting-edge technologies and ensuring their accessibility to all Malaysians. By doing so, we contribute to propelling Malaysia towards its high-tech nation aspirations by 2030, while ushering in a future defined by purpose and boundless possibilities,” Amar added.
Inclusivity takes centre stage as TM invites the public to co-create their AIDENTITI™ using the company’s AI platform, with a chance to be showcased on digital billboards nationwide. Detailed participation information can be found at tm.com.my/aidentitikita.
TM Joins Forces with APOM for #Empatbelas Series, Celebrating Malaysia’s Unique Identities
As part of the Bulan Kebangsaan celebrations, TM is also collaborating with A Piece of Malaysia (APOM) for the 2023 #empatbelas series. This collaboration celebrates each of Malaysia’s 14 states through creative expressions and specially designed APOM merchandise.
Through APOM #empatbelas2023, TM underscores its support for local creative talents across the nation, aligning seamlessly with the AIDENTITI™ KITA campaign’s goal of celebrating diverse backgrounds and ideas.
#Empatbelas2023 merchandise will be available from 31st August 2023 at https://apom.my.
Unifi customers will be able to enjoy 10% off all APOM merchandise, terms and conditions will apply.
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O Governo do Estado lamenta a morte do filho do senador Flavio Arns, Osvaldo Arns Neto, aos 48 anos, na manhã deste domingo (20). Ele estava internado há 48 dias após complicações decorrentes de uma pneumonia.
Filho primogênito de Odenise e Flávio Arns, irmão de Carol Arns, teve a vida marcada pela superação de muitos desafios. Osvaldo nasceu com Esclerose Tuberosa, uma doença rara que impactou seu desenvolvimento intelectual e motor. Desde a infância, precisou ser submetido a diversas cirurgias e tratamentos e sempre superou as expectativas dadas pelos médicos.
Em função das necessidades vivenciadas por Osvaldo, Odenise e Flávio Arns, ambos professores, trilharam o caminho da educação especial. Enveredaram-se na luta pelos direitos das pessoas com deficiência, atuando junto a movimentos sociais voltados para a área, como as Apaes, escolas especiais, Pestalozzis e demais entidades congêneres no Paraná e no Brasil. Esse envolvimento motivou o ingresso de Flávio Arns na vida pública.
Arns é senador da República pelo estado do Paraná desde 2019, foi Vice-Governador do Paraná de 2011 a 2014 e Secretário de Assuntos Estratégicos do Paraná de 2015 a 2017. Antes, foi Deputado Federal por três mandatos (1991 a 1994/ 1995 a 1998/ 1999 a 2002) e Senador da República de 2003 a 2010.
O corpo de Osvaldo está sendo velado, até as 22h deste domingo, na Capela 2 do Cemitério Parque Iguaçu, em Curitiba, e será retomado a partir das 8h de segunda-feira. O sepultamento será nesta segunda-feira (21), às 14h, no mesmo local.
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Nelson Van Denburg & Campbell Wealth Management Group LLC Cuts Position in … – MarketBeat
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Nelson Van Denburg & Campbell Wealth Management Group LLC trimmed its position in MongoDB, Inc. (NASDAQ:MDB – Free Report) by 29.5% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,470 shares of the company’s stock after selling 614 shares during the quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC’s holdings in MongoDB were worth $343,000 at the end of the most recent quarter.
A number of other large investors have also modified their holdings of the stock. Pictet Asset Management SA grew its stake in shares of MongoDB by 2.6% in the first quarter. Pictet Asset Management SA now owns 23,681 shares of the company’s stock valued at $5,521,000 after buying an additional 598 shares in the last quarter. Keybank National Association OH grew its stake in shares of MongoDB by 20.9% in the first quarter. Keybank National Association OH now owns 1,915 shares of the company’s stock valued at $446,000 after buying an additional 331 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp grew its stake in shares of MongoDB by 4.7% in the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 41,593 shares of the company’s stock valued at $9,696,000 after buying an additional 1,866 shares in the last quarter. Spire Wealth Management acquired a new stake in shares of MongoDB in the first quarter valued at about $91,000. Finally, Kornitzer Capital Management Inc. KS acquired a new stake in shares of MongoDB in the first quarter valued at about $326,000. Institutional investors and hedge funds own 89.22% of the company’s stock.
MongoDB Trading Down 0.1 %
Shares of MongoDB stock opened at $350.83 on Friday. The business’s fifty day moving average price is $392.58 and its two-hundred day moving average price is $294.48. The company has a quick ratio of 4.19, a current ratio of 4.19 and a debt-to-equity ratio of 1.44. MongoDB, Inc. has a 1-year low of $135.15 and a 1-year high of $439.00.
MongoDB (NASDAQ:MDB – Get Free Report) last posted its quarterly earnings data on Thursday, June 1st. The company reported $0.56 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.38. MongoDB had a negative return on equity of 43.25% and a negative net margin of 23.58%. The company had revenue of $368.28 million for the quarter, compared to the consensus estimate of $347.77 million. During the same quarter in the previous year, the business earned ($1.15) EPS. The company’s quarterly revenue was up 29.0% compared to the same quarter last year. As a group, equities research analysts anticipate that MongoDB, Inc. will post -2.8 EPS for the current fiscal year.
Wall Street Analyst Weigh In
A number of equities research analysts have weighed in on MDB shares. Citigroup raised their price objective on MongoDB from $363.00 to $430.00 in a research note on Friday, June 2nd. Royal Bank of Canada raised their price objective on MongoDB from $400.00 to $445.00 in a research note on Friday, June 23rd. 22nd Century Group restated a “maintains” rating on shares of MongoDB in a research note on Monday, June 26th. Truist Financial raised their price objective on MongoDB from $365.00 to $420.00 in a research note on Friday, June 23rd. Finally, KeyCorp raised their price objective on MongoDB from $372.00 to $462.00 and gave the company an “overweight” rating in a research note on Friday, July 21st. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $378.09.
Read Our Latest Stock Analysis on MongoDB
Insider Transactions at MongoDB
In other news, CEO Dev Ittycheria sold 50,000 shares of the business’s stock in a transaction on Wednesday, July 5th. The stock was sold at an average price of $407.07, for a total value of $20,353,500.00. Following the sale, the chief executive officer now owns 218,085 shares of the company’s stock, valued at approximately $88,775,860.95. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In related news, CEO Dev Ittycheria sold 50,000 shares of MongoDB stock in a transaction on Wednesday, July 5th. The stock was sold at an average price of $407.07, for a total value of $20,353,500.00. Following the transaction, the chief executive officer now directly owns 218,085 shares in the company, valued at approximately $88,775,860.95. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Dwight A. Merriman sold 6,000 shares of MongoDB stock in a transaction on Friday, August 4th. The stock was sold at an average price of $415.06, for a total value of $2,490,360.00. Following the completion of the transaction, the director now owns 1,207,159 shares in the company, valued at $501,043,414.54. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 102,220 shares of company stock valued at $38,763,571. Corporate insiders own 4.80% of the company’s stock.
MongoDB Profile
MongoDB, Inc provides general purpose database platform worldwide. The company offers 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-premise, 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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
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Swiss National Bank trimmed its stake in shares of MongoDB, Inc. (NASDAQ:MDB – Free Report) by 1.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 272,700 shares of the company’s stock after selling 4,200 shares during the quarter. Swiss National Bank owned approximately 0.39% of MongoDB worth $63,572,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds also recently made changes to their positions in the stock. Keybank National Association OH raised its position in shares of MongoDB by 20.9% during the first quarter. Keybank National Association OH now owns 1,915 shares of the company’s stock worth $446,000 after acquiring an additional 331 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp raised its position in shares of MongoDB by 4.7% during the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 41,593 shares of the company’s stock worth $9,696,000 after acquiring an additional 1,866 shares during the last quarter. Spire Wealth Management bought a new position in shares of MongoDB during the first quarter worth about $91,000. Kornitzer Capital Management Inc. KS bought a new position in shares of MongoDB during the first quarter worth about $326,000. Finally, Tower Research Capital LLC TRC grew its stake in MongoDB by 116.4% during the first quarter. Tower Research Capital LLC TRC now owns 6,173 shares of the company’s stock worth $1,439,000 after purchasing an additional 3,320 shares during the period. 89.22% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
MDB has been the subject of several recent analyst reports. William Blair reaffirmed an “outperform” rating on shares of MongoDB in a research note on Friday, June 2nd. VNET Group reaffirmed a “maintains” rating on shares of MongoDB in a research note on Monday, June 26th. Tigress Financial raised their target price on MongoDB from $365.00 to $490.00 in a research note on Wednesday, June 28th. Barclays raised their target price on MongoDB from $374.00 to $421.00 in a research note on Monday, June 26th. Finally, Stifel Nicolaus raised their target price on MongoDB from $375.00 to $420.00 in a research note on Friday, June 23rd. One analyst has rated the stock with a sell rating, three have issued a hold rating and twenty have issued a buy rating to the company. According to data from MarketBeat, MongoDB presently has an average rating of “Moderate Buy” and an average price target of $378.09.
Read Our Latest Stock Analysis on MongoDB
Insider Buying and Selling
In related news, CRO Cedric Pech sold 360 shares of MongoDB stock in a transaction on Monday, July 3rd. The stock was sold at an average price of $406.79, for a total transaction of $146,444.40. Following the sale, the executive now directly owns 37,156 shares in the company, valued at $15,114,689.24. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other MongoDB news, CRO Cedric Pech sold 360 shares of the business’s stock in a transaction on Monday, July 3rd. The stock was sold at an average price of $406.79, for a total value of $146,444.40. Following the sale, the executive now directly owns 37,156 shares in the company, valued at $15,114,689.24. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Dwight A. Merriman sold 1,000 shares of the business’s stock in a transaction on Tuesday, July 18th. The shares were sold at an average price of $420.00, for a total value of $420,000.00. Following the completion of the sale, the director now owns 1,213,159 shares in the company, valued at $509,526,780. The disclosure for this sale can be found here. Over the last three months, insiders have sold 102,220 shares of company stock worth $38,763,571. 4.80% of the stock is owned by company insiders.
MongoDB Price Performance
Shares of MongoDB stock opened at $350.83 on Friday. The business’s fifty day simple moving average is $392.58 and its 200 day simple moving average is $294.48. MongoDB, Inc. has a 12 month low of $135.15 and a 12 month high of $439.00. The company has a current ratio of 4.19, a quick ratio of 4.19 and a debt-to-equity ratio of 1.44.
MongoDB (NASDAQ:MDB – Get Free Report) last issued its quarterly earnings results on Thursday, June 1st. The company reported $0.56 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.38. The business had revenue of $368.28 million for the quarter, compared to analyst estimates of $347.77 million. MongoDB had a negative return on equity of 43.25% and a negative net margin of 23.58%. MongoDB’s quarterly revenue was up 29.0% compared to the same quarter last year. During the same period last year, the company posted ($1.15) earnings per share. Research analysts expect that MongoDB, Inc. will post -2.8 earnings per share for the current fiscal year.
MongoDB Company Profile
MongoDB, Inc provides general purpose database platform worldwide. The company offers 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-premise, 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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Connor Clark & Lunn Investment Management Ltd. trimmed its position in MongoDB, Inc. (NASDAQ:MDB – Free Report) by 76.2% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 16,946 shares of the company’s stock after selling 54,197 shares during the quarter. Connor Clark & Lunn Investment Management Ltd.’s holdings in MongoDB were worth $3,950,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also made changes to their positions in MDB. Global Retirement Partners LLC lifted its holdings in MongoDB by 346.7% in the first quarter. Global Retirement Partners LLC now owns 134 shares of the company’s stock worth $30,000 after acquiring an additional 104 shares during the last quarter. Bessemer Group Inc. bought a new stake in shares of MongoDB in the 4th quarter worth approximately $29,000. BI Asset Management Fondsmaeglerselskab A S bought a new stake in shares of MongoDB in the 4th quarter worth approximately $30,000. Manchester Capital Management LLC bought a new position in MongoDB during the 1st quarter worth $36,000. Finally, Clearstead Advisors LLC acquired a new stake in MongoDB in the first quarter worth $36,000. 89.22% of the stock is owned by institutional investors and hedge funds.
MongoDB Trading Down 0.1 %
NASDAQ MDB opened at $350.83 on Friday. The company has a current ratio of 4.19, a quick ratio of 4.19 and a debt-to-equity ratio of 1.44. MongoDB, Inc. has a 1-year low of $135.15 and a 1-year high of $439.00. The firm’s fifty day simple moving average is $392.58 and its 200-day simple moving average is $294.48. The company has a market capitalization of $24.76 billion, a PE ratio of -75.12 and a beta of 1.13.
MongoDB (NASDAQ:MDB – Get Free Report) last announced its quarterly earnings results on Thursday, June 1st. The company reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.38. The business had revenue of $368.28 million during the quarter, compared to analyst estimates of $347.77 million. MongoDB had a negative return on equity of 43.25% and a negative net margin of 23.58%. The firm’s revenue was up 29.0% on a year-over-year basis. During the same period in the previous year, the company earned ($1.15) EPS. As a group, sell-side analysts anticipate that MongoDB, Inc. will post -2.8 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
MDB has been the subject of several analyst reports. VNET Group reissued a “maintains” rating on shares of MongoDB in a report on Monday, June 26th. Stifel Nicolaus upped their target price on shares of MongoDB from $375.00 to $420.00 in a research report on Friday, June 23rd. Robert W. Baird lifted their price target on MongoDB from $390.00 to $430.00 in a report on Friday, June 23rd. Royal Bank of Canada increased their price objective on MongoDB from $400.00 to $445.00 in a report on Friday, June 23rd. Finally, Oppenheimer lifted their target price on MongoDB from $270.00 to $430.00 in a research note on Friday, June 2nd. One analyst has rated the stock with a sell rating, three have issued a hold rating and twenty have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $378.09.
Check Out Our Latest Stock Analysis on MDB
Insiders Place Their Bets
In related news, Director Dwight A. Merriman sold 3,000 shares of MongoDB stock in a transaction on Thursday, June 1st. The shares were sold at an average price of $285.34, for a total value of $856,020.00. Following the transaction, the director now owns 1,219,954 shares in the company, valued at approximately $348,101,674.36. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other MongoDB news, Director Dwight A. Merriman sold 3,000 shares of MongoDB stock in a transaction that occurred on Thursday, June 1st. The stock was sold at an average price of $285.34, for a total value of $856,020.00. Following the transaction, the director now directly owns 1,219,954 shares of the company’s stock, valued at approximately $348,101,674.36. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Dwight A. Merriman sold 6,000 shares of the firm’s stock in a transaction on Friday, August 4th. The stock was sold at an average price of $415.06, for a total transaction of $2,490,360.00. Following the completion of the sale, the director now owns 1,207,159 shares in the company, valued at approximately $501,043,414.54. The disclosure for this sale can be found here. Insiders sold 102,220 shares of company stock valued at $38,763,571 over the last 90 days. 4.80% of the stock is currently owned by company insiders.
MongoDB Profile
MongoDB, Inc provides general purpose database platform worldwide. The company offers 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-premise, 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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