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Prospera Financial Services Inc, a prominent institutional investor in the United States, has recently decreased its position in MongoDB Inc (NASDAQ:MDB) by 36.2%. In its most recent 13F filing with the Securities and Exchange Commission (SEC), Prospera Financial revealed that it now owns only 1,108 shares of the company’s stock, having sold approximately 628 shares during the last quarter. These holdings were worth $218,000 at the end of the most recent quarter.

MongoDB is known for developing and providing a multifaceted database platform that includes MongoDB Enterprise Advanced, MongoDB Atlas, and Community Server. Additionally, it offers professional services including consulting and training to clients across different industries. The company was founded by Dwight A. Merriman and Eliot Horowitz and is headquartered in New York City.

In other business news involving MongoDB, CAO Thomas Bull just recently sold over 600 shares of MDB stock at an average price of $228.34 per share on April 3rd, for a total transaction amounting to $138,145.70. He currently holds 17,706 shares in the firm which is estimated to be worth around $4 million dollars.

Furthermore, Cedric Pech who is part of the board members as Chief Revenue Officer (CRO) also reportedly sold off a significant number of his shares – specifically around 15k+ worth of stocks – last May 9th for roughly $250 per share totalling approximately $3 million dollars Also publicly available information indicates that insiders have collectively sold about 135k shares valued over $30 million dollars over a span of 90 days; since then MDB’s stock value has gone through some oscillation shifts but eventually recovered from those growing more than +30% so far this year.

As these types of movements happen frequently within corporations listed on different exchanges worldwide it is important to always stay tuned and aware mainly when trading or investing. For timely information, both institutional and retail investors have access to several sources of information that empower them when making market decisions. By keeping a close eye on trading patterns from key insiders in the company, apical stakeholders minimize their risks while ensuring profitable returns over time.

MongoDB Inc.: A Look at Recent Stock Changes and Analyst Ratings

MongoDB Inc. is a general-purpose database platform that offers various services, including consulting and training. The company was founded by Eliot Horowitz and Dwight A. in the United States, with its headquarters located in New York City.

Several hedge funds and institutional investors have recently made changes to their positions in MDB, with 84.86% of the stock currently owned by hedge funds and other institutional investors. These include Sentry Investment Management LLC, Lindbrook Capital LLC, Y.D. More Investments Ltd, Huntington National Bank, and Quent Capital LLC.

Research analysts have issued reports on MDB shares, providing target prices for the company’s stocks. Mizuho cut their target price on shares of MongoDB from $220.00 to $180.00 and set a “neutral” rating for the company in a research report on Thursday, March 9th.

On the other hand, Barclays upped their target price on shares of MongoDB from $257.00 to $280.00 in a research report on Monday while Credit Suisse Group lowered their price target from $305.00 to $250.00 but still gave an “outperform” rating for the company in a research note on Friday, March 10th.

Oppenheimer also lowered their price target on shares of MongoDB from $320.00 to $270.00 but maintained their “outperform” rating for the company as well during this same time period.

Despite these varying opinions regarding MDB’s performance outlooks across different reports, Bloomberg data shows that MongoDB has a consensus rating of “Moderate Buy”, with an average target price of $257.00

MDB’s shares opened at $276.17 this Tuesday with a market cap of $19.34 billion as per market data provided by NASDAQ (National Association of Securities Dealers Automated Quotations). As a publicly traded company headquartered in New York City with shares listed under NASDAQ as MDB, the firm has a PE ratio of -54.80 and a beta of 1.06.

With its current debt-to-equity ratio standing at 1.54, MDB’s quick ratio, and current ratios sit at 3.80 each. The firm’s 50-day simple moving average is $225.85 and its two-hundred day simple moving average is $202.81.

The company reported its quarterly earnings results on March 8th for the fiscal year ending in that quarter, posting ($0.98) EPS for the quarter beating analysts’ consensus estimates of ($1.18) by $0.20.

MDB had a negative net margin of 26.90% and a negative return on equity of 48.38%, but the firm had revenue of $361.31 million for the quarter compared to analysts’ expectations of $335.84 million.

Despite this challenging economic environment impacted by COVID-19 Pandemic aftermath, analysts anticipate that MongoDB Inc., will post an estimated figure of -4.04 earnings per share for this current fiscal year (2021).

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