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 $42.5 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 $9.11 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 -2.59% to $158.04. Over the last five days, the stock has gained 7.23%. MongoDB Inc shares have fallen nearly -32.12% since the year began. Nevertheless, the stocks have fallen -55.61% over the past one year. While a 52-week high of $387.19 was reached on 02/18/25, a 52-week low of $140.78 was recorded on 04/07/25. SMA at 50 days reached $222.38, while 200 days put it at $257.18.
Levels Of Support And Resistance For MDB Stock
The 24-hour chart illustrates a support level at 154.05, which if violated will result in even more drops to 150.07. On the upside, there is a resistance level at 165.33. A further resistance level may holdings at 172.63. The Relative Strength Index (RSI) on the 14-day chart is 36.04, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -7.84, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 70.18%. Stochastics %K at 32.36% indicates the stock is a holding.
How much short interest is there in MongoDB Inc?
A steep rise in short interest was recorded in MongoDB Inc stocks on 2025-03-31, growing by 2.03 million shares to a total of 3.68 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 1.65 million shares. There was a rise of 55.14%, 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.
