MongoDB Inc’s recent filing unveils that its Director MERRIMAN DWIGHT A unloaded Company’s shares for reported $0.26 million on Feb 18 ’25. In the deal valued at $292.05 per share,885 shares were sold. As a result of this transaction, MERRIMAN DWIGHT A now holds 83,845 shares worth roughly $22.39 million.
Then, MERRIMAN DWIGHT A bought 885 shares, generating $258,200 in total proceeds.
Before that, MERRIMAN DWIGHT A sold 1,000 shares. MongoDB Inc shares valued at $281,620 were divested by the Director at a price of $281.62 per share. As a result of the transaction, MERRIMAN DWIGHT A now holds 1,112,006 shares, worth roughly $297.02 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 Friday, MongoDB Inc [NASDAQ:MDB] saw its stock fall -2.25% to $267.10. Over the last five days, the stock has lost -7.78%. MongoDB Inc shares have risen nearly 14.73% since the year began. Nevertheless, the stocks have fallen -37.52% over the past one year. While a 52-week high of $459.70 was reached on 02/18/25, a 52-week low of $212.74 was recorded on 01/02/25. SMA at 50 days reached $264.59, while 200 days put it at $273.55.
Levels Of Support And Resistance For MDB Stock
The 24-hour chart illustrates a support level at 258.17, which if violated will result in even more drops to 249.23. On the upside, there is a resistance level at 275.52. A further resistance level may holdings at 283.93. The Relative Strength Index (RSI) on the 14-day chart is 43.24, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -7.88, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 77.10%. Stochastics %K at 43.00% indicates the stock is a holding.
