MongoDB Inc’s recently made public that its Director MERRIMAN DWIGHT A acquired Company’s shares for reported $0.26 million on Feb 18 ’25. In the deal valued at $291.75 per share,885 shares were bought.
Then, MERRIMAN DWIGHT A sold 1,000 shares, generating $281,620 in total proceeds. Upon selling the shares at $281.62, the Director now owns 1,112,006 shares.
Before that, MERRIMAN DWIGHT A sold 922 shares. MongoDB Inc shares valued at $257,318 were divested by the Director at a price of $279.09 per share. As a result of the transaction, MERRIMAN DWIGHT A now holds 84,730 shares, worth roughly $25.29 million.
China Renaissance initiated its MongoDB Inc [MDB] rating to a Buy in a research note published on January 21, 2025; the price target was $351. A number of analysts have revised their coverage, including Cantor Fitzgerald’s analysts, who began to cover the stock in mid January with a ‘”an Overweight”‘ rating. Guggenheim also remained covering MDB and has increased its forecast on January 06, 2025 with a “Buy” recommendation from previously “Neutral” rating. Rosenblatt started covering the stock on December 17, 2024. It rated MDB as “a Buy”.
Price Performance Review of MDB
On Tuesday, MongoDB Inc [NASDAQ:MDB] saw its stock jump 3.07% to $298.52. Over the last five days, the stock has gained 4.24%. MongoDB Inc shares have risen nearly 28.22% since the year began. Nevertheless, the stocks have fallen -38.64% over the past one year. While a 52-week high of $488.00 was reached on 02/18/25, a 52-week low of $212.74 was recorded on 01/02/25. SMA at 50 days reached $269.46, while 200 days put it at $275.25.
Levels Of Support And Resistance For MDB Stock
The 24-hour chart illustrates a support level at 291.01, which if violated will result in even more drops to 283.50. On the upside, there is a resistance level at 302.47. A further resistance level may holdings at 306.43. The Relative Strength Index (RSI) on the 14-day chart is 67.54, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 11.45, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 1.03%. Stochastics %K at 91.16% indicates the stock is a selling.
