Diversified Trust Co Invests $243,000 in MongoDB, Inc. (NASDAQ:MDB) - Defense World

Uncategorized

Diversified Trust Co Invests $243,000 in MongoDB, Inc. (NASDAQ:MDB) – Defense World

MMS • RSS

Posted on mongodb google news. Visit mongodb google news

Diversified Trust Co bought a new stake in MongoDB, Inc. (NASDAQ:MDB – Get Rating) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 1,234 shares of the company’s stock, valued at approximately $243,000.

Several other hedge funds have also recently bought and sold shares of MDB. Ieq Capital LLC increased its stake in MongoDB by 23.2% during the 3rd quarter. Ieq Capital LLC now owns 1,962 shares of the company’s stock valued at $390,000 after buying an additional 370 shares during the period. Cubist Systematic Strategies LLC lifted its holdings in shares of MongoDB by 198.1% during the second quarter. Cubist Systematic Strategies LLC now owns 69,217 shares of the company’s stock valued at $17,962,000 after purchasing an additional 45,994 shares during the last quarter. Asset Management One Co. Ltd. lifted its stake in MongoDB by 3.1% during the third quarter. Asset Management One Co. Ltd. now owns 61,243 shares of the company’s stock valued at $12,106,000 after buying an additional 1,829 shares in the last quarter. Whittier Trust Co. of Nevada Inc. boosted its holdings in shares of MongoDB by 8.0% in the third quarter. Whittier Trust Co. of Nevada Inc. now owns 15,645 shares of the company’s stock worth $3,106,000 after buying an additional 1,156 shares during the period. Finally, Oppenheimer & Co. Inc. increased its position in shares of MongoDB by 14.8% in the third quarter. Oppenheimer & Co. Inc. now owns 4,672 shares of the company’s stock worth $927,000 after acquiring an additional 602 shares in the last quarter. 84.86% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on MDB shares. Tigress Financial decreased their price objective on shares of MongoDB from $575.00 to $365.00 and set a “buy” rating for the company in a research note on Thursday, December 15th. Credit Suisse Group decreased their price objective on MongoDB from $305.00 to $250.00 and set an “outperform” rating for the company in a research report on Friday, March 10th. UBS Group upped their target price on MongoDB from $200.00 to $215.00 and gave the company a “buy” rating in a report on Wednesday, December 7th. Sanford C. Bernstein started coverage on shares of MongoDB in a report on Friday, February 17th. They set an “outperform” rating and a $282.00 price target for the company. Finally, The Goldman Sachs Group decreased their target price on shares of MongoDB from $325.00 to $280.00 and set a “buy” rating for the company in a research note on Thursday, March 9th. Four research analysts have rated the stock with a hold rating and twenty have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $253.87.

MongoDB Stock Performance

Shares of NASDAQ:MDB opened at $213.93 on Wednesday. The firm’s 50 day simple moving average is $213.90 and its 200 day simple moving average is $195.51. The company has a debt-to-equity ratio of 1.54, a current ratio of 3.80 and a quick ratio of 3.80. The company has a market capitalization of $14.98 billion, a price-to-earnings ratio of -42.45 and a beta of 1.00. MongoDB, Inc. has a fifty-two week low of $135.15 and a fifty-two week high of $471.96.

MongoDB (NASDAQ:MDB – Get Rating) last announced its earnings results on Wednesday, March 8th. The company reported ($0.98) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($1.18) by $0.20. MongoDB had a negative return on equity of 48.38% and a negative net margin of 26.90%. The business had revenue of $361.31 million for the quarter, compared to analyst estimates of $335.84 million. As a group, sell-side analysts forecast that MongoDB, Inc. will post -4.04 earnings per share for the current year.

Insider Activity at MongoDB

In related news, CEO Dev Ittycheria sold 40,000 shares of the stock in a transaction that occurred on Wednesday, March 1st. The stock was sold at an average price of $207.86, for a total transaction of $8,314,400.00. Following the completion of the transaction, the chief executive officer now directly owns 190,264 shares of the company’s stock, valued at $39,548,275.04. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, insider Thomas Bull sold 399 shares of MongoDB stock in a transaction that occurred on Tuesday, January 3rd. The stock was sold at an average price of $199.31, for a total transaction of $79,524.69. Following the completion of the transaction, the insider now directly owns 16,203 shares in the company, valued at approximately $3,229,419.93. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Dev Ittycheria sold 40,000 shares of the business’s stock in a transaction on Wednesday, March 1st. The shares were sold at an average price of $207.86, for a total value of $8,314,400.00. Following the completion of the sale, the chief executive officer now owns 190,264 shares of the company’s stock, valued at $39,548,275.04. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 110,994 shares of company stock valued at $22,590,843. Corporate insiders own 5.70% of the company’s stock.

MongoDB Company Profile

(Get Rating)

MongoDB, Inc engages in the development and provision of a general-purpose database platform. The firm’s products include MongoDB Enterprise Advanced, MongoDB Atlas and Community Server. It also offers professional services including consulting and training. The company was founded by Eliot Horowitz, Dwight A.

Mobile Monitoring Solutions

Uncategorized