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MongoDB Inc [MDB] President & CEO makes an insider sale of 18,512 shares worth 3,207,389.

The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. MongoDB Inc shares valued at $3,207,389 were sold by Ittycheria Dev on Apr 02 ’25. At $173.26 per share, Ittycheria Dev sold 18,512 shares. The insider’s holdings dropped to 268,948 shares worth approximately $43.33 million following the completion of this transaction.

Also, Bull Thomas sold 301 shares, netting a total of over 52,148 in proceeds. Following the sale of shares at $173.25 each, the insider now holds 14,598 shares.

Before that, Pech Cedric had sold 1,690 shares from its account. In a trade valued at $292,809, the President, Field Operations traded MongoDB Inc shares for $173.26 each. Upon closing the transaction, the insider’s holdings decreased to 1,690 shares, worth approximately $9.28 million.

As published in a research note from Citigroup on April 01, 2025, MongoDB Inc [MDB] has been retained to a Buy and the price target has been revised to $330. Analysts at Daiwa Securities started covering the stock with ‘”an Outperform”‘ outlook in a report released in early April. As of March 06, 2025, Wells Fargo has decreased its “an Overweight” rating to a “an Equal weight” for MDB. Earlier on March 03, 2025, Monness Crespi & Hardt upgraded its rating. Their new recommendation was “a Neutral” for MDB stock which previously was a “a Sell”.

Analyzing MDB Stock Performance

During the last five days, there has been a drop of approximately -1.37%. Over the course of the year, MongoDB Inc shares have dropped approximately -30.80%. Shares of the company reached a 52-week high of $298.92 on 02/18/25 and a 52-week low of $140.78 on 04/07/25. A 50-day SMA is recorded $226.86, while a 200-day SMA reached $257.91.

Support And Resistance Levels for MongoDB Inc (MDB)

According to the 24-hour chart, there is a support level at 156.26, which, if violated, would cause prices to drop to 151.41. In the upper region, resistance lies at 167.54. The next price resistance is at 173.97. RSI (Relative Strength Index) is 36.89 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -14.29, which suggests the price will decrease in the coming days. Percent R is at 67.29%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.

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