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Signaturefd LLC Has $305,000 Holdings in MongoDB, Inc. (NASDAQ:MDB) – Defense World

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Signaturefd LLC grew its holdings in MongoDB, Inc. (NASDAQ:MDBGet Rating) by 30.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 687 shares of the company’s stock after purchasing an additional 162 shares during the period. Signaturefd LLC’s holdings in MongoDB were worth $305,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the business. Whittier Trust Co. increased its holdings in shares of MongoDB by 2.9% in the 1st quarter. Whittier Trust Co. now owns 28,641 shares of the company’s stock valued at $12,704,000 after purchasing an additional 811 shares during the period. Whittier Trust Co. of Nevada Inc. increased its holdings in shares of MongoDB by 16.4% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 13,286 shares of the company’s stock valued at $5,893,000 after purchasing an additional 1,871 shares during the period. SG Americas Securities LLC increased its holdings in shares of MongoDB by 453.7% in the 1st quarter. SG Americas Securities LLC now owns 12,806 shares of the company’s stock valued at $5,681,000 after purchasing an additional 10,493 shares during the period. Park Avenue Securities LLC acquired a new position in shares of MongoDB in the 1st quarter valued at about $232,000. Finally, Emerald Mutual Fund Advisers Trust increased its holdings in shares of MongoDB by 87.1% in the 1st quarter. Emerald Mutual Fund Advisers Trust now owns 477 shares of the company’s stock valued at $212,000 after purchasing an additional 222 shares during the period. Institutional investors and hedge funds own 88.70% of the company’s stock.

Insider Activity at MongoDB

In other MongoDB news, Director Dwight A. Merriman sold 3,000 shares of the stock in a transaction on Wednesday, June 1st. The stock was sold at an average price of $251.74, for a total transaction of $755,220.00. Following the completion of the transaction, the director now directly owns 544,896 shares in the company, valued at $137,172,119.04. The transaction was disclosed in a 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 the stock in a transaction on Wednesday, June 1st. The stock was sold at an average price of $251.74, for a total transaction of $755,220.00. Following the completion of the transaction, the director now directly owns 544,896 shares in the company, valued at $137,172,119.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Dwight A. Merriman sold 588 shares of the stock in a transaction on Monday, July 11th. The stock was sold at an average price of $309.62, for a total value of $182,056.56. Following the transaction, the director now owns 1,322,954 shares of the company’s stock, valued at $409,613,017.48. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 77,185 shares of company stock worth $23,594,636. 5.70% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

MDB has been the subject of several recent research reports. Oppenheimer lowered their price target on MongoDB from $490.00 to $400.00 and set an “outperform” rating for the company in a research note on Thursday, June 2nd. Royal Bank of Canada boosted their price target on MongoDB from $325.00 to $375.00 in a research note on Thursday, June 9th. Canaccord Genuity Group lowered their price target on MongoDB from $400.00 to $300.00 in a research note on Thursday, June 2nd. Citigroup boosted their price target on MongoDB from $405.00 to $425.00 in a research note on Thursday, June 2nd. Finally, Barclays boosted their price target on MongoDB from $330.00 to $338.00 and gave the company an “overweight” rating in a research note on Thursday, June 2nd. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and sixteen have assigned a buy rating to the company. Based on data from MarketBeat, MongoDB currently has a consensus rating of “Moderate Buy” and a consensus target price of $401.17.

MongoDB Stock Down 5.1 %

MDB opened at $301.61 on Friday. MongoDB, Inc. has a 1-year low of $213.39 and a 1-year high of $590.00. The company has a current ratio of 4.16, a quick ratio of 4.16 and a debt-to-equity ratio of 1.69. The stock has a market capitalization of $20.54 billion, a price-to-earnings ratio of -62.32 and a beta of 0.91. The business has a 50 day moving average of $271.14 and a 200-day moving average of $343.12.

MongoDB (NASDAQ:MDBGet Rating) last issued its earnings results on Wednesday, June 1st. The company reported ($1.15) EPS for the quarter, beating analysts’ consensus estimates of ($1.34) by $0.19. The business had revenue of $285.45 million during the quarter, compared to analyst estimates of $267.10 million. MongoDB had a negative return on equity of 45.56% and a negative net margin of 32.75%. MongoDB’s revenue was up 57.1% on a year-over-year basis. During the same period in the prior year, the company posted ($0.98) earnings per share. As a group, sell-side analysts anticipate that MongoDB, Inc. will post -5.08 earnings per share for the current year.

MongoDB Profile

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MongoDB, Inc provides general purpose database platform worldwide. The company offers MongoDB Enterprise Advanced, a commercial database server for enterprise customers to run in the cloud, on-premise, or in a hybrid environment; MongoDB Atlas, a hosted multi-cloud database-as-a-service solution; 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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Institutional Ownership by Quarter for MongoDB (NASDAQ:MDB)



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

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