MongoDB Inc’s recent filing unveils that its Director MERRIMAN DWIGHT A acquired Company’s shares for reported $0.81 million on Nov 04 ’24. In the deal valued at $269.31 per share,3,000 shares were bought.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Gordon Michael Lawrence sold 5,000 shares, generating $1,451,571 in total proceeds. Upon selling the shares at $290.31, the COO and CFO now owns 80,307 shares.
Before that, MERRIMAN DWIGHT A sold 1,385 shares. MongoDB Inc shares valued at $398,631 were divested by the Director at a price of $287.82 per share. As a result of the transaction, MERRIMAN DWIGHT A now holds 89,063 shares, worth roughly $23.81 million.
Guggenheim upgraded its MongoDB Inc [MDB] rating to a Neutral from a a Sell in a research note published recently. A number of analysts have revised their coverage, including Loop Capital’s analysts, who began to cover the stock in late April with a ‘”a Buy”‘ rating. Redburn Atlantic also remained covering MDB and has decreased its forecast on March 19, 2024 with a “Sell” recommendation from previously “Neutral” rating. DA Davidson revised its rating on March 08, 2024. It rated MDB as “a Buy” which previously was an “a Neutral”.
Price Performance Review of MDB
On Monday, MongoDB Inc [NASDAQ:MDB] saw its stock fall -1.64% to $267.39. Over the last five days, the stock has lost -1.76%. MongoDB Inc shares have fallen nearly -34.60% since the year began. Nevertheless, the stocks have fallen -18.73% over the past one year. While a 52-week high of $509.62 was reached on 02/12/24, a 52-week low of $212.74 was recorded on 08/05/24. SMA at 50 days reached $274.24, while 200 days put it at $316.05.
Levels Of Support And Resistance For MDB Stock
The 24-hour chart illustrates a support level at 265.03, which if violated will result in even more drops to 262.67. On the upside, there is a resistance level at 270.17. A further resistance level may holdings at 272.95. The Relative Strength Index (RSI) on the 14-day chart is 46.61, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.26, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 69.67%. Stochastics %K at 35.20% indicates the stock is a holding.
How much short interest is there in MongoDB Inc?
A steep rise in short interest was recorded in MongoDB Inc stocks on 2024-10-15, dropping by -0.44 million shares to a total of 3.43 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 3.87 million shares. There was a decline of -12.79%, which implies that there is a negative sentiment for the stock.
