MongoDB Inc’s filing revealed that its Director MERRIMAN DWIGHT A unloaded Company’s shares for reported $0.81 million on Mar 03 ’25. In the deal valued at $270.63 per share,3,000 shares were sold. As a result of this transaction, MERRIMAN DWIGHT A now holds 1,109,006 shares worth roughly $214.09 million.
Then, MERRIMAN DWIGHT A bought 3,000 shares, generating $811,110 in total proceeds.
Before that, Ittycheria Dev sold 8,335 shares. MongoDB Inc shares valued at $2,229,454 were divested by the President & CEO at a price of $267.48 per share. As a result of the transaction, Ittycheria Dev now holds 217,294 shares, worth roughly $41.95 million.
Wells Fargo downgraded its MongoDB Inc [MDB] rating to an Equal weight from a an Overweight in a research note published on March 06, 2025; the price target was decreased to $225 from $365. A number of analysts have revised their coverage, including Monness Crespi & Hardt’s analysts, who increased its forecast for the stock in early March from “a Sell” to “a Neutral”. China Renaissance began covering MDB with “Buy” recommendation on January 21, 2025. Cantor Fitzgerald started covering the stock on January 17, 2025. It rated MDB as “an Overweight”.
Price Performance Review of MDB
On Monday, MongoDB Inc [NASDAQ:MDB] saw its stock jump 4.14% to $193.05. Over the last five days, the stock has gained 7.06%. MongoDB Inc shares have fallen nearly -17.08% since the year began. Nevertheless, the stocks have fallen -48.22% over the past one year. While a 52-week high of $387.19 was reached on 02/18/25, a 52-week low of $173.13 was recorded on 03/10/25. SMA at 50 days reached $254.57, while 200 days put it at $263.37.
Levels Of Support And Resistance For MDB Stock
The 24-hour chart illustrates a support level at 186.17, which if violated will result in even more drops to 179.28. On the upside, there is a resistance level at 198.44. A further resistance level may holdings at 203.83. The Relative Strength Index (RSI) on the 14-day chart is 32.62, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -33.01, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 81.34%. Stochastics %K at 13.78% indicates the stock is a buying.
How much short interest is there in MongoDB Inc?
A steep rise in short interest was recorded in MongoDB Inc stocks on 2025-02-28, dropping by -0.3 million shares to a total of 1.65 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 1.95 million shares. There was a decline of -18.27%, which implies that there is a negative sentiment for the stock.
