MongoDB Inc’s filing revealed that its President & CEO Ittycheria Dev unloaded Company’s shares for reported $3.21 million on Apr 02 ’25. In the deal valued at $173.26 per share,18,512 shares were sold. As a result of this transaction, Ittycheria Dev now holds 268,948 shares worth roughly $39.64 million.
Then, Bull Thomas sold 301 shares, generating $52,148 in total proceeds. Upon selling the shares at $173.25, the Chief Accounting Officer now owns 14,598 shares.
Before that, Pech Cedric sold 1,690 shares. MongoDB Inc shares valued at $292,809 were divested by the President, Field Operations at a price of $173.26 per share. As a result of the transaction, Pech Cedric now holds 57,634 shares, worth roughly $8.49 million.
Citigroup reiterated its MongoDB Inc [MDB] rating to a Buy in a research note published on April 01, 2025; the price target was $330. A number of analysts have revised their coverage, including Daiwa Securities’s analysts, who began to cover the stock in early April with a ‘”an Outperform”‘ rating. Wells Fargo also remained covering MDB and has decreased its forecast on March 06, 2025 with a “an Equal weight” recommendation from previously “an Overweight” rating. Monness Crespi & Hardt revised its rating on March 03, 2025. It rated MDB as “a Neutral” which previously was an “a Sell”.
Price Performance Review of MDB
On Monday, MongoDB Inc [NASDAQ:MDB] saw its stock fall -4.54% to $147.38. Over the last five days, the stock has lost -15.97%. MongoDB Inc shares have fallen nearly -36.70% since the year began. Nevertheless, the stocks have fallen -57.12% over the past one year. While a 52-week high of $387.19 was reached on 02/18/25, a 52-week low of $151.52 was recorded on 04/07/25. SMA at 50 days reached $233.83, while 200 days put it at $258.93.
Levels Of Support And Resistance For MDB Stock
The 24-hour chart illustrates a support level at 138.96, which if violated will result in even more drops to 130.55. On the upside, there is a resistance level at 157.61. A further resistance level may holdings at 167.85. The Relative Strength Index (RSI) on the 14-day chart is 23.17, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -25.37, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.37%. Stochastics %K at 7.79% 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 2025-03-14, growing by 0.92 million shares to a total of 3.04 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 2.12 million shares. There was a rise of 30.15%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on January 21, 2025 when China Renaissance began covering the stock and recommended ‘”a Buy”‘ rating along with a $351 price target.
