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# man -k updatedb
updatedb.conf (5)    - a configuration file for updatedb(8)
updatedb (8)         - update a database for plocate

In the following example, I searched on the word “halt” and found a series of related commands.

# apropos halt
halt (8)             - Power off, reboot, or halt the machine
poweroff (8)         - Power off, reboot, or halt the machine
reboot (8)           - Power off, reboot, or halt the machine
shutdown (8)         - Halt, power off or reboot the machine
systemd-halt.service (8) - System shutdown logic

Here’s an interesting set of commands that suggest that apropos may sometimes find more than you want to see. I searched on the term “host” and noticed that some of the returned descriptions included “ghost” instead of “host”. Whenever this kind of problem pops up, add the -e option to get an exact (whole word) match. Notice the difference in the response when I use this option. The second command below only counts commands when the description includes “host” as a complete word.

$ apropos host | wc -l
142
$ apropos -e host | wc -l
78

One of the problems you might encounter is when the apropos command responds with “nothing appropriate” regardless of what term you ask about. This means that man pages need to be created or updated.

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GQL, the query language for graph databases, has been recognized by the International Organization for Standardization (ISO), offering users more portability of queries and skills between graph database systems.

The first database query language to be certified by ISO since SQL in 1987, the new standard was developed by a group of database vendors, academics, and tech infrastructure companies.

Carl Olofson, research vice president at analyst IDC, said the industry had been waiting for “quite some time” for a standard graph query language to emerge.

“The formalization of GQL should remove a key barrier to graph database adoption,” he said. “Although query languages are sometimes used for import and export, the main function of GQL is in traversing a graph with all its interconnections, finding patterns and locating specific nodes based on their relationships with other nodes. Other query languages, including SQL with graph enhancements, can’t really support that completely.”

The standard was edited by Stefan Plantikow, Neo4j product manager and standards engineer, and as such the graph database specialist is one of the leading companies in the collaboration. Neo4j also has its own query language called Cypher.

Jim Webber, Neo4j’s chief scientist and a professor of computer science at Newcastle University, said those who understand the ubiquitous database query language SQL would see some familiar things in GQL, while other elements are very different.

“If you’re familiar with SQL, then certainly things like the aggregate parts of GQL are going to look very familiar,” he said. “But if you’re familiar with things like Cypher or open Cypher, that’s a much more straightforward segue into GQL. SQL deals with tables and sets, so its machinery is geared up for that. GQL code deals with graph so the machinery works on pattern matching and path expressions. Having said that, if you’re someone that’s competent at SQL, you’re easily smart enough to be able to pick up [GQL] because graphs are a bit easier.”

Webber argued that the emergence of the standard would give CIOs a sense of confidence in investing in the graph database model as they could more easily migrate their applications and queries from one vendor to another, so long as they have both adopted the standard.

Incidentally, GQL should not be confused with Google Query Language, used for Google’s databases or GraphQL, a language for querying and managing APIs.

In a sign of harmony among software vendors, TigerGraph, Neo4j’s main rival in the market, is also supporting the standard.

In a blog post, Mingxi Wu, TigerGraph SVP of engineering, writes: “As the graph database industry evolves, it becomes the third canonical database, alongside relational databases and key-value store databases.

“In the past decade, the burgeoning graph database industry has witnessed a plethora of vendors offering their own graph database products, each accompanied by their proprietary graph query language. Amidst this thriving ecosystem, GQL emerged to address the growing demand for a standardized graph query language. Its publication establishes a solid foundation and drives the prosperity of graph databases in the coming years, akin to what SQL did for relational databases.”

Whether the graph database model is better for representing networks of relationships than relational systems is still up for debate. It did come out on top of The Register’s Great Graph Debate last year, but only narrowly. A new standard query language might help, but it won’t change the fundamentals. ®

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NJPW and STARDOM Wrestling are forming a partnership.

It was revealed on Tuesday that NJPW and STARDOM are taking steps to enhance their operational efficiency by aligning more closely.

According to the agreement, starting June 28, 2024, STARDOM will be a fully owned subsidiary of NJPW. Both promotions are under the umbrella of Bushiroad Fight, which took ownership of STARDOM in 2019.

The official announcement was made on NJPW1972.com.

NJPW to fully acquire Bushiroad Fight

At a meeting of New Japan Pro-Wrestling’s board of directors April 22, it was determined that NJPW will fully acquire all stakes in Bushiroad Fight Co. Ltd. (henceforth “Bushiroad Fight”, due to rename itself STARDOM Co. Ltd. from June 28) from parent company Bushiroad Inc. With this acquisition, Bushiroad Fight will become a fully owned subsidiary of New Japan Pro-Wrestling effective June 28.

Goal of acquisition

To improve operating efficiency and reduce redundancies within Bushiroad’s sports unit.

Transfer of stock date

Friday, June 28

About Bushiroad Fight

Company name: Bushiroad Fight Co. Ltd. (renaming STARDOM Co. Ltd. effective June 28)

Address: Nakano-ku Chuo 1-38-1, Tokyo

Founded: August 1, 2016

President/CEO: Taro Okada

Operations: Activities pertaining to STARDOM

Capital: 100,000,000 JPY

Bushiroad Fight President/CEO Taro Okada:

Since STARDOM joined the Bushiroad Group in 2019, our co-operation with New Japan Pro-Wrestling has seen STARDOM matches in the Tokyo Dome, the establishment of the IWGP and NJPW STRONG Women’s Championships, and our first co-promoted event in November 2022. Now more than four years into this relationship, and with changes being undertaken in the management and operating structure of the company, there was a desire for a stronger connection between our offices, which is being put into place with this announcement. I hope we can find new ways to show the world just how impressive Japanese pro-wrestling can be, and as athletes in both STARDOM and NJPW rings continue to push new boundaries, we look forward to your continued support.

NJPW President/CEO Hiroshi Tanahashi:

Our fans have seen a lot of crossover between NJPW and STARDOM with our co-promoted event, as well as the IWGP and STRONG Women’s titles, but there is still a lot that can be done to strengthen connections between our companies behind the scenes. From arranging event schedules and building reservations to make sure fans have time to take in big matches from both companies, to improving our promotional efforts and sponsor acquisition, I’m excited at the opportunity to further both NJPW and STARDOM’s appeal to a broader audience. This acquisition will speed up decision making processes and improve our operating efficiency, freeing both companies up to further professional wrestling in the eyes and hearts of fans in Japan and worldwide. I look forward to fans’ continued support of both NJPW and STARDOM.

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Article originally posted on mongodb google news. Visit mongodb google news

Posted on mongodb google news. Visit mongodb google news

President of Orases.

MongoDB isn’t just any database; it’s a front-runner in the NoSQL arena that’s well-known for its ability to scale up effortlessly and adapt to changes without a hitch. For businesses aiming to stay ahead of the curve, MongoDB stands out as an exceptional solution that offers the kind of agility and scalability that’s needed for the latest business applications.

MongoDB is an open-source, document-oriented database that’s designed to cater to the needs of developers and businesses in the current era. Unlike traditional relational databases, it stores data in flexible, JSON-like documents, enabling the storage of complex hierarchies and arrays while providing a dynamic schema for unstructured data.

The Scalability Advantage Of MongoDB

MongoDB stands out with its horizontal scaling capabilities, which are achieved through sharding.

Sharding distributes data across multiple servers, enabling MongoDB to support vast datasets and high throughput operations. It’s vital for businesses that experience variable workloads and need to expand their database infrastructure efficiently.

Numerous enterprises have already harnessed MongoDB’s scalability to their advantage. For instance, Forbes tapped into MongoDB’s strengths to help reengineer their content management system as their platform expanded, enabling faster content updates and improved engagement rates.

MongoDB’s architecture is also adept at managing high-volume data, allowing for the efficient processing and analysis of large datasets.

The Flexibility Factor

The core of MongoDB’s flexibility lies in its document-oriented data model that facilitates the storage of different types of data and structures, from simple key-value pairs to complex nested documents, without the need for a predefined schema. As an example, a content management system can utilize MongoDB to store diverse content types, enabling quick adjustments to the data model as content requirements evolve.

MongoDB’s schema-less design allows for rapid iteration and adaptation that proves to be essential for agile development environments. Developers can modify the data model on the fly, significantly reducing the time from development to deployment.

Specific Use Cases And Applications

MongoDB’s adaptability and scalability have positioned it as a preferred option for all kinds of practical applications in different and diverse industries.

Content Management

The dynamic nature of today’s digital content necessitates a database that can handle a wide array of data types and structures.

MongoDB excels in this area, providing a robust platform for content management systems that need to store and manage diverse forms of content, from text and images to videos and social media integrations. Its ability to support both unstructured and structured data makes it ideal for modern websites that need to serve rich, interactive content to their users.

Internet Of Things (IoT)

MongoDB’s application in IoT is transformative by actively enabling the connection and management of billions of devices simultaneously.

Its data platform enhances the operation and delivery of IoT devices, offering the speed and efficiency required for handling data from countless sources and facilitating real-time analytics and processing, thereby driving increased productivity and innovative revenue models.

Real-Time Analytics

MongoDB provides a seamless experience for reviewing real-time analytics, allowing companies to integrate analytical capabilities directly into their transactional data stores.

It enables businesses to perform real-time analysis, which is essential for mobile applications and financial services, where large volumes of data are processed and analyzed promptly to deliver insights and support decision-making processes.

Diverse Industry Applications

MongoDB’s versatility is showcased across various industries in many different sectors among organizations of all sizes.

For instance, MetLife uses MongoDB to power “The Wall,” which is a consolidated view of customer interactions and data, enhancing customer service and engagement. Similarly, the Aadhaar project in India leverages MongoDB to manage the world’s largest biometric database, which demonstrates its capability to handle extremely large-scale data management tasks.

In the e-commerce sector, the company OTTO utilized MongoDB to revamp its catalog application, significantly reducing response times and enhancing user experience.

Another example is Ulta Beauty, which implemented MongoDB Atlas to upgrade its legacy systems into a more secure, scalable and agile platform. The transformation was aimed at enhancing their online customer experience, especially during seasonal shopping peaks. Sethu Madhav Vure, IT architect at Ulta Beauty, notes that they were “better prepared for a stress-free holiday season, enabling us to focus on creating even more great service for our customers.”

Best Practices For Leveraging MongoDB

Organizations can adopt certain key best practices to help them maximize their utilization of MongoDB more effectively.

To fully harness MongoDB’s scalability, you must master sophisticated schema design. It doesn’t just involve embedding documents for quicker read operations—it involves implementing deep indexing strategies to help turbocharge query performance.

Advanced schema design transcends basic practices by focusing on comprehensive, detail-oriented structuring that anticipates future scale and query requirements to ensure that your database architecture is primed for growth and efficiency.

Leveraging MongoDB’s flexibility should never come at the expense of data integrity—to this end, establishing rigorous validation frameworks and adherence to stringent data modeling conventions is nonnegotiable. These practices are foundational in maintaining the integrity and accuracy of your data, preventing inconsistencies and ensuring that your database remains robust and reliable.

By instituting these rigorous standards, you safeguard your data’s integrity while fully exploiting MongoDB’s dynamic capabilities.

Challenges And Considerations

Businesses might face potential hurdles such as data migration difficulties and the steep learning curve associated with MongoDB’s adoption. However, with strategic planning and the right expertise on board, these challenges can be effectively overcome. Additionally, ensuring that all team members receive comprehensive training on MongoDB can smooth the transition and enhance system adoption.

Before jumping on the MongoDB bandwagon, businesses need to carefully evaluate several factors, such as their existing data structures, the scalability requirements of their applications and whether they have the in-house expertise or need to train staff to manage a NoSQL database environment.

Understanding the specific demands of your business’s data and processing needs can guide a more informed and successful MongoDB implementation strategy.

Forbes Technology Council is an invitation-only community for world-class CIOs, CTOs and technology executives. Do I qualify?

Article originally posted on mongodb google news. Visit mongodb google news

Posted on mongodb google news. Visit mongodb google news

Mackenzie Financial Corp increased its position in shares of MongoDB, Inc. (NASDAQ:MDB – Free Report) by 9.0% during the fourth quarter, Holdings Channel.com reports. The fund owned 5,414 shares of the company’s stock after acquiring an additional 448 shares during the quarter. Mackenzie Financial Corp’s holdings in MongoDB were worth $2,214,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. BluePath Capital Management LLC purchased a new position in MongoDB in the 3rd quarter worth about $30,000. Blue Trust Inc. increased its stake in MongoDB by 937.5% in the 4th quarter. Blue Trust Inc. now owns 83 shares of the company’s stock worth $34,000 after purchasing an additional 75 shares in the last quarter. Cullen Frost Bankers Inc. purchased a new position in MongoDB in the 3rd quarter worth about $35,000. AM Squared Ltd purchased a new position in MongoDB in the 3rd quarter worth about $35,000. Finally, Castleview Partners LLC purchased a new position in MongoDB in the 3rd quarter worth about $37,000. 89.29% of the stock is owned by institutional investors and hedge funds.

MongoDB Stock Up 7.7 %

MDB opened at $366.31 on Wednesday. The business has a 50 day moving average price of $385.74 and a 200 day moving average price of $390.82. MongoDB, Inc. has a twelve month low of $212.52 and a twelve month high of $509.62. The company has a debt-to-equity ratio of 1.07, a quick ratio of 4.40 and a current ratio of 4.40. The firm has a market cap of $26.68 billion, a P/E ratio of -147.71 and a beta of 1.20.

MongoDB (NASDAQ:MDB – Get Free Report) last posted its earnings results on Thursday, March 7th. The company reported ($1.03) earnings per share for the quarter, missing the consensus estimate of ($0.71) by ($0.32). MongoDB had a negative return on equity of 16.22% and a negative net margin of 10.49%. The company had revenue of $458.00 million during the quarter, compared to analyst estimates of $431.99 million. Research analysts forecast that MongoDB, Inc. will post -2.53 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages have commented on MDB. DA Davidson upgraded MongoDB from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $405.00 to $430.00 in a research report on Friday, March 8th. Loop Capital began coverage on MongoDB in a research report on Tuesday. They set a “buy” rating and a $415.00 price objective for the company. Stifel Nicolaus restated a “buy” rating and set a $435.00 price objective on shares of MongoDB in a research report on Thursday, March 14th. Citigroup raised their price objective on MongoDB from $515.00 to $550.00 and gave the stock a “buy” rating in a research report on Wednesday, March 6th. Finally, UBS Group restated a “neutral” rating and set a $410.00 price objective (down from $475.00) on shares of MongoDB in a research report on Thursday, January 4th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and twenty have issued a buy rating to the company. Based on data from MarketBeat.com, MongoDB currently has an average rating of “Moderate Buy” and a consensus price target of $443.86.

View Our Latest Report on MongoDB

Insider Buying and Selling

In other MongoDB news, Director Dwight A. Merriman sold 2,000 shares of MongoDB stock in a transaction that occurred on Monday, April 8th. The stock was sold at an average price of $365.00, for a total value of $730,000.00. Following the transaction, the director now directly owns 1,154,784 shares of the company’s stock, valued at approximately $421,496,160. The sale was disclosed in a document filed with the SEC, which is accessible through this link. In other MongoDB news, Director Dwight A. Merriman sold 2,000 shares of MongoDB stock in a transaction that occurred on Monday, April 8th. The stock was sold at an average price of $365.00, for a total value of $730,000.00. Following the transaction, the director now directly owns 1,154,784 shares of the company’s stock, valued at approximately $421,496,160. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CAO Thomas Bull sold 170 shares of MongoDB stock in a transaction that occurred on Tuesday, April 2nd. The stock was sold at an average price of $348.12, for a total value of $59,180.40. Following the completion of the transaction, the chief accounting officer now directly owns 17,360 shares in the company, valued at $6,043,363.20. The disclosure for this sale can be found here. In the last ninety days, insiders sold 91,802 shares of company stock worth $35,936,911. 4.80% of the stock is currently owned by insiders.

MongoDB Company Profile

(Free Report)

MongoDB, Inc, together with its subsidiaries, provides general purpose database platform worldwide. The company provides 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-premises, 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.

Featured Articles

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Mutual of America Capital Management LLC lowered its holdings in MongoDB, Inc. (NASDAQ:MDB – Free Report) by 9.9% during the fourth quarter, HoldingsChannel.com reports. The fund owned 997 shares of the company’s stock after selling 110 shares during the period. Mutual of America Capital Management LLC’s holdings in MongoDB were worth $408,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Blue Trust Inc. grew its stake in MongoDB by 937.5% during the fourth quarter. Blue Trust Inc. now owns 83 shares of the company’s stock worth $34,000 after buying an additional 75 shares during the last quarter. BluePath Capital Management LLC bought a new stake in MongoDB during the third quarter worth about $30,000. AM Squared Ltd bought a new stake in MongoDB during the third quarter worth about $35,000. Cullen Frost Bankers Inc. bought a new stake in MongoDB during the third quarter worth about $35,000. Finally, Castleview Partners LLC bought a new stake in MongoDB during the third quarter worth about $37,000. Institutional investors own 89.29% of the company’s stock.

Analyst Ratings Changes

Several analysts have weighed in on the stock. Truist Financial upped their price objective on shares of MongoDB from $440.00 to $500.00 and gave the stock a “buy” rating in a research note on Tuesday, February 20th. Loop Capital assumed coverage on shares of MongoDB in a research note on Tuesday. They set a “buy” rating and a $415.00 price objective on the stock. Stifel Nicolaus reaffirmed a “buy” rating and set a $435.00 price objective on shares of MongoDB in a research note on Thursday, March 14th. UBS Group reiterated a “neutral” rating and set a $410.00 target price (down from $475.00) on shares of MongoDB in a research report on Thursday, January 4th. Finally, JMP Securities reiterated a “market outperform” rating and set a $440.00 target price on shares of MongoDB in a research report on Monday, January 22nd. Two investment analysts have 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 has a consensus rating of “Moderate Buy” and an average target price of $443.86.

View Our Latest Stock Analysis on MongoDB

Insider Transactions at MongoDB

In other news, CAO Thomas Bull sold 170 shares of the stock in a transaction on Tuesday, April 2nd. The shares were sold at an average price of $348.12, for a total transaction of $59,180.40. Following the completion of the sale, the chief accounting officer now owns 17,360 shares of the company’s stock, valued at $6,043,363.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, CRO Cedric Pech sold 1,430 shares of the firm’s stock in a transaction on Tuesday, April 2nd. The shares were sold at an average price of $348.11, for a total value of $497,797.30. Following the completion of the transaction, the executive now owns 45,444 shares of the company’s stock, valued at $15,819,510.84. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CAO Thomas Bull sold 170 shares of the firm’s stock in a transaction on Tuesday, April 2nd. The shares were sold at an average price of $348.12, for a total transaction of $59,180.40. Following the completion of the transaction, the chief accounting officer now directly owns 17,360 shares of the company’s stock, valued at approximately $6,043,363.20. The disclosure for this sale can be found here. Insiders sold 91,802 shares of company stock valued at $35,936,911 over the last quarter. Corporate insiders own 4.80% of the company’s stock.

MongoDB Trading Up 7.7 %

MDB opened at $366.31 on Wednesday. The firm’s fifty day moving average is $385.74 and its two-hundred day moving average is $390.82. The company has a debt-to-equity ratio of 1.07, a quick ratio of 4.40 and a current ratio of 4.40. The firm has a market cap of $26.68 billion, a PE ratio of -147.71 and a beta of 1.20. MongoDB, Inc. has a twelve month low of $212.52 and a twelve month high of $509.62.

MongoDB (NASDAQ:MDB – Get Free Report) last posted its earnings results on Thursday, March 7th. The company reported ($1.03) earnings per share for the quarter, missing the consensus estimate of ($0.71) by ($0.32). MongoDB had a negative return on equity of 16.22% and a negative net margin of 10.49%. The firm had revenue of $458.00 million during the quarter, compared to analyst estimates of $431.99 million. Equities research analysts anticipate that MongoDB, Inc. will post -2.53 EPS for the current year.

MongoDB Company Profile

(Free Report)

MongoDB, Inc, together with its subsidiaries, provides general purpose database platform worldwide. The company provides 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-premises, 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.

See Also

Want to see what other hedge funds are holding MDB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for MongoDB, Inc. (NASDAQ:MDB – Free Report).

Receive News & Ratings for MongoDB Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for MongoDB and related companies with MarketBeat.com’s FREE daily email newsletter.

Article originally posted on mongodb google news. Visit mongodb google news

Posted on mongodb google news. Visit mongodb google news

According to GlobalData’s company profile on MongoDB, Social media analytics was a key innovation area identified from patents. MongoDB‘s grant share as of February 2024 was 72%. Grant share is based on the ratio of number of grants to total number of patents.

Performance monitoring system for identifying and resolving database deployment issues

A recently granted patent (Publication Number: US11921744B2) discloses a performance monitoring system designed for distributed database deployments utilizing a dynamic schema to store data in documents organized into collections. The system, operated by at least one processor connected to a memory, is capable of identifying patterns associated with non-optimal implementations within the database deployment. This identification process involves monitoring the operation of the database deployment, sampling documents from collections, and determining if the data meets specific trigger conditions indicating issues with the data architecture or model. The system then generates recommendations for resolving these issues and displays them in a user interface, allowing users to access resolution information.

Furthermore, the system can determine user context for performance analysis based on interactions within the user interface, limiting the data reviewed accordingly. It can also generate data shape information from the stored data while maintaining data secrecy, enabling pattern-based analysis for identifying non-optimal implementations. Additionally, the system can create execution plans to transition the database from a state associated with non-optimal implementation to a state that resolves these issues. By analyzing data within documents and generating collection shapes based on hash values, the system associates performance information with these shapes, providing a comprehensive approach to monitoring and improving database performance in distributed environments.

To know more about GlobalData’s detailed insights on MongoDB, buy the report here.

GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.

Article originally posted on mongodb google news. Visit mongodb google news

Posted on mongodb google news. Visit mongodb google news

MongoDB, Inc. (NASDAQ:MDB – Get Free Report)’s share price shot up 7.5% during trading on Tuesday . The stock traded as high as $366.93 and last traded at $365.70. 1,150,812 shares were traded during trading, a decline of 16% from the average session volume of 1,377,160 shares. The stock had previously closed at $340.16.

Analyst Ratings Changes

Several research firms have recently commented on MDB. DA Davidson upgraded shares of MongoDB from a “neutral” rating to a “buy” rating and boosted their price target for the company from $405.00 to $430.00 in a report on Friday, March 8th. UBS Group restated a “neutral” rating and set a $410.00 price target (down from $475.00) on shares of MongoDB in a report on Thursday, January 4th. Redburn Atlantic restated a “sell” rating and set a $295.00 price target (down from $410.00) on shares of MongoDB in a report on Tuesday, March 19th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $435.00 price objective on shares of MongoDB in a research note on Thursday, March 14th. Finally, Tigress Financial lifted their price objective on shares of MongoDB from $495.00 to $500.00 and gave the company a “buy” rating in a research note on Thursday, March 28th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and twenty have given a buy rating to the stock. According to data from MarketBeat, MongoDB presently has a consensus rating of “Moderate Buy” and a consensus price target of $443.86.

Get Our Latest Analysis on MDB

MongoDB Price Performance

The stock’s 50-day moving average price is $385.74 and its 200 day moving average price is $390.82. The firm has a market cap of $26.68 billion, a price-to-earnings ratio of -147.71 and a beta of 1.20. The company has a quick ratio of 4.40, a current ratio of 4.40 and a debt-to-equity ratio of 1.07.

MongoDB (NASDAQ:MDB – Get Free Report) last announced its quarterly earnings data on Thursday, March 7th. The company reported ($1.03) EPS for the quarter, missing analysts’ consensus estimates of ($0.71) by ($0.32). The company had revenue of $458.00 million for the quarter, compared to analyst estimates of $431.99 million. MongoDB had a negative net margin of 10.49% and a negative return on equity of 16.22%. Equities research analysts predict that MongoDB, Inc. will post -2.53 earnings per share for the current year.

Insider Activity at MongoDB

In related news, Director Dwight A. Merriman sold 2,000 shares of the company’s stock in a transaction dated Monday, April 8th. The shares were sold at an average price of $365.00, for a total value of $730,000.00. Following the sale, the director now owns 1,154,784 shares of the company’s stock, valued at $421,496,160. 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 2,000 shares of the company’s stock in a transaction dated Monday, April 8th. The shares were sold at an average price of $365.00, for a total value of $730,000.00. Following the sale, the director now owns 1,154,784 shares of the company’s stock, valued at $421,496,160. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Dwight A. Merriman sold 6,000 shares of the company’s stock in a transaction dated Monday, February 5th. The shares were sold at an average price of $437.99, for a total transaction of $2,627,940.00. Following the completion of the sale, the director now directly owns 1,168,784 shares in the company, valued at approximately $511,915,704.16. The disclosure for this sale can be found here. Insiders have sold a total of 91,802 shares of company stock valued at $35,936,911 over the last quarter. 4.80% of the stock is owned by company insiders.

Institutional Trading of MongoDB

Large investors have recently added to or reduced their stakes in the company. Transcendent Capital Group LLC bought a new stake in MongoDB during the fourth quarter worth about $25,000. Blue Trust Inc. grew its stake in shares of MongoDB by 937.5% during the fourth quarter. Blue Trust Inc. now owns 83 shares of the company’s stock valued at $34,000 after purchasing an additional 75 shares during the last quarter. BluePath Capital Management LLC bought a new stake in shares of MongoDB during the third quarter valued at approximately $30,000. AM Squared Ltd bought a new stake in shares of MongoDB during the third quarter valued at approximately $35,000. Finally, Cullen Frost Bankers Inc. bought a new stake in shares of MongoDB during the third quarter valued at approximately $35,000. 89.29% of the stock is owned by institutional investors.

About MongoDB

(Get Free Report)

MongoDB, Inc, together with its subsidiaries, provides general purpose database platform worldwide. The company provides 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-premises, 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.

Featured Articles

Before you consider MongoDB, you’ll want to hear this.

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Article originally posted on mongodb google news. Visit mongodb google news

Posted on mongodb google news. Visit mongodb google news

What Happened:

Shares of database software company MongoDB (MDB) jumped 6% in the morning session after Loop Capital analyst initiated coverage on the stock with a Buy rating and assigned a price target of $415. The price target indicates a potential 15% upside from where shares traded when the upgrade was announced.

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What is the market telling us:

MongoDB’s shares are very volatile and over the last year have had 22 moves greater than 5%. In context of that, today’s move is indicating the market considers this news meaningful but not something that would fundamentally change its perception of the business. 

The biggest move we wrote about over the last year was 11 months ago, when the stock gained 16.5% on the news that the company reported a “beat and raise” quarter. First quarter results beat analysts’ expectations for revenue, gross margin, free cash flow, and earnings per share. Guidance was also strong. Revenue guidance for the next quarter exceeded expectations. The full year guidance was raised and also came in ahead of Consensus. The profitability guidance was similarly impressive as operating income guidance for the next quarter and full year came in ahead. The company touched on the current AI trend noting that “…MongoDB’s developer data platform is well positioned to benefit from the next wave of AI applications in the years to come”. Overall it was a strong quarter for the company with solid results and impressive guidance.

MongoDB is down 6% since the beginning of the year, and at $360.71 per share it is trading 28% below its 52-week high of $500.90 from February 2024. Investors who bought $1,000 worth of MongoDB’s shares 5 years ago would now be looking at an investment worth $2,626.

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Article originally posted on mongodb google news. Visit mongodb google news

Posted on mongodb google news. Visit mongodb google news

The analyst from Loop Capital pointed to MongoDB’s strong position in the market, noting its status as a leading development platform for cloud applications. This is supported by a substantial developer community, which numbers over 7 million, compared to the 17 million developers for Java and 10 million for .NET.

Despite some one-time events that have obscured the company’s growth rates in the last fiscal year, the analyst remains confident in MongoDB’s solid growth trajectory, with an overall rate above 20% and 30% for its Atlas (NYSE:ATCO) cloud business.

Shares of MongoDB have underperformed compared to the iShares Expanded Tech-Software Sector ETF (IGV), with MongoDB’s stock declining 20% since its last earnings call against IGV’s 7% drop. Loop Capital views this as an opportunity for investors to anticipate the expected ramp-up in MongoDB’s business during the latter half of the year.

The price target of $415 set by Loop Capital is based on revenue multiples consistent with other rapidly growing cloud infrastructure companies. Loop Capital’s coverage initiation and positive outlook suggest they see MongoDB as well-positioned to capitalize on the expanding cloud infrastructure market.

As MongoDB, Inc. (NASDAQ:MDB) positions itself for anticipated growth in the cloud sector, current InvestingPro data and tips provide additional context for investors considering the company’s prospects. MongoDB’s market capitalization stands at a robust $24.77 billion, reflecting significant investor interest. Despite not being profitable over the last twelve months, analysts predict a turnaround with net income expected to grow this year. This optimism is underscored by the company’s high revenue growth, which was 31.07% over the last twelve months as of Q4 2023.

InvestingPro Tips highlight that while 21 analysts have revised their earnings expectations downwards for the upcoming period, MongoDB’s liquid assets exceed its short-term obligations, indicating a level of financial resilience. Additionally, the company operates with a moderate level of debt, which could provide flexibility in its growth strategy. However, it’s important to note that MongoDB is trading at high valuation multiples, with a Price / Book ratio of 23.18 as of Q4 2023, suggesting that investors are paying a premium for the company’s growth potential.

For those looking for more in-depth analysis, there are additional InvestingPro Tips available, which can be accessed through the company’s InvestingPro page. Use coupon code PRONEWS24 to get an additional 10% off a yearly or biyearly Pro and Pro+ subscription, providing even more insights to help inform your investment decisions.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Article originally posted on mongodb google news. Visit mongodb google news