SpiderRock Advisors LLC purchased a new position in shares of MongoDB, Inc. (NASDAQ:MDB – Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 897 shares of the company’s stock, valued at approximately $320,000.
Other hedge funds also recently modified their holdings of the company. Transcendent Capital Group LLC purchased a new position in MongoDB in the 4th quarter valued at approximately $25,000. Blue Trust Inc. grew its position in shares of MongoDB by 937.5% in 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 in the last quarter. YHB Investment Advisors Inc. bought a new stake in shares of MongoDB during the 1st quarter valued at $41,000. Beacon Capital Management LLC lifted its holdings in MongoDB by 1,111.1% during the 4th quarter. Beacon Capital Management LLC now owns 109 shares of the company’s stock worth $45,000 after purchasing an additional 100 shares in the last quarter. Finally, Sunbelt Securities Inc. boosted its stake in MongoDB by 155.1% in the 1st quarter. Sunbelt Securities Inc. now owns 125 shares of the company’s stock worth $45,000 after purchasing an additional 76 shares during the period. Institutional investors own 89.29% of the company’s stock.
Insider Activity at MongoDB
In related news, Director Dwight A. Merriman sold 2,000 shares of MongoDB stock in a transaction on Monday, April 8th. The stock was sold at an average price of $365.00, for a total transaction of $730,000.00. Following the transaction, the director now directly owns 1,154,784 shares in the company, valued at $421,496,160. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In related news, Director Dwight A. Merriman sold 1,000 shares of MongoDB stock in a transaction on Wednesday, May 1st. The shares were sold at an average price of $379.15, for a total transaction of $379,150.00. Following the transaction, the director now owns 522,896 shares in the company, valued at approximately $198,256,018.40. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Dwight A. Merriman sold 2,000 shares of the stock in a transaction 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 completion of the sale, the director now owns 1,154,784 shares of the company’s stock, valued at approximately $421,496,160. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 23,174 shares of company stock worth $6,615,752. 3.60% of the stock is owned by company insiders.
Wall Street Analyst Weigh In
Read Our Latest Stock Report on MongoDB
MongoDB Stock Up 1.2 %
MDB traded up $3.18 during trading on Friday, hitting $268.12. 770,341 shares of the company’s stock traded hands, compared to its average volume of 1,539,053. The stock has a market capitalization of $19.67 billion, a price-to-earnings ratio of -96.46 and a beta of 1.13. The company has a current ratio of 4.93, a quick ratio of 4.93 and a debt-to-equity ratio of 0.90. MongoDB, Inc. has a 12-month low of $214.74 and a 12-month high of $509.62. The company’s 50 day simple moving average is $296.82 and its two-hundred day simple moving average is $362.34.
MongoDB (NASDAQ:MDB – Get Free Report) last released its quarterly earnings data on Thursday, May 30th. The company reported ($0.80) earnings per share for the quarter, meeting the consensus estimate of ($0.80). MongoDB had a negative net margin of 11.50% and a negative return on equity of 14.88%. The firm had revenue of $450.56 million during the quarter, compared to analysts’ expectations of $438.44 million. Analysts predict that MongoDB, Inc. will post -2.67 earnings per share for the current fiscal year.
MongoDB Company Profile
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.
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