MongoDB Inc’s recently made public that its Director MERRIMAN DWIGHT A unloaded Company’s shares for reported $0.7 million on Nov 25 ’24. In the deal valued at $349.17 per share,2,000 shares were sold. As a result of this transaction, MERRIMAN DWIGHT A now holds 1,124,006 shares worth roughly $362.48 million.
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Then, Pech Cedric sold 6,805 shares, generating $2,381,750 in total proceeds. Upon selling the shares at $350.00, the Chief Revenue Officer now owns 24,677 shares.
Before that, CEDRIC PECH bought 6,805 shares. MongoDB Inc shares valued at $2,381,750 were divested by the Officer at a price of $350.00 per share.
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 Friday, MongoDB Inc [NASDAQ:MDB] saw its stock fall -0.65% to $322.49. Over the last five days, the stock has gained 2.23%. MongoDB Inc shares have fallen nearly -21.12% since the year began. Nevertheless, the stocks have fallen -23.31% 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 $282.62, while 200 days put it at $303.80.
Levels Of Support And Resistance For MDB Stock
The 24-hour chart illustrates a support level at 320.13, which if violated will result in even more drops to 317.77. On the upside, there is a resistance level at 326.77. A further resistance level may holdings at 331.04. The Relative Strength Index (RSI) on the 14-day chart is 61.29, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 21.60, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 38.53%. Stochastics %K at 63.21% 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 2024-11-15, growing by 0.87 million shares to a total of 4.3 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 3.43 million shares. There was a rise of 20.28%, which implies that there is a positive sentiment for the stock.