MongoDB Inc’s filing revealed that its Director MERRIMAN DWIGHT A unloaded Company’s shares for reported $0.81 million on Nov 04 ’24. In the deal valued at $269.57 per share,3,000 shares were sold. As a result of this transaction, MERRIMAN DWIGHT A now holds 1,127,006 shares worth roughly $328.6 million.
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, MERRIMAN DWIGHT A bought 3,000 shares, generating $807,931 in total proceeds.
Before that, Gordon Michael Lawrence sold 5,000 shares. MongoDB Inc shares valued at $1,451,571 were divested by the COO and CFO at a price of $290.31 per share. As a result of the transaction, Gordon Michael Lawrence now holds 80,307 shares, worth roughly $23.42 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 jump 0.53% to $291.57. Over the last five days, the stock has gained 9.04%. MongoDB Inc shares have fallen nearly -28.69% since the year began. Nevertheless, the stocks have fallen -20.19% 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 $277.73, while 200 days put it at $313.05.
Levels Of Support And Resistance For MDB Stock
The 24-hour chart illustrates a support level at 286.05, which if violated will result in even more drops to 280.52. On the upside, there is a resistance level at 294.76. A further resistance level may holdings at 297.95. The Relative Strength Index (RSI) on the 14-day chart is 59.95, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 15.81, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 10.58%. Stochastics %K at 90.33% indicates the stock is a selling.
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.
