In a filing, MongoDB Inc revealed its President & CEO Ittycheria Dev unloaded Company’s shares for reported $5.85 million on Jun 05 ’25. In the deal valued at $234.00 per share,25,005 shares were sold. As a result of this transaction, Ittycheria Dev now holds 256,974 shares worth roughly $55.43 million.
Then, MERRIMAN DWIGHT A sold 2,000 shares, generating $468,000 in total proceeds. Upon selling the shares at $234.00, the Director now owns 1,107,006 shares.
Before that, Ittycheria Dev bought 25,005 shares. MongoDB Inc shares valued at $5,851,170 were divested by the Officer at a price of $234.00 per share.
Monness Crespi & Hardt upgraded its MongoDB Inc [MDB] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Loop Capital’s analysts, who decreased its forecast for the stock in mid May from “a Buy” to “a Hold”. Redburn Atlantic also remained covering MDB and has increased its forecast on April 17, 2025 with a “Neutral” recommendation from previously “Sell” rating. Citigroup maintained its rating on April 01, 2025. It rated MDB as “a Buy”.
Price Performance Review of MDB
On Friday, MongoDB Inc [NASDAQ:MDB] saw its stock fall -0.70% to $215.72. Over the last five days, the stock has gained 11.34%. MongoDB Inc shares have fallen nearly -7.34% since the year began. Nevertheless, the stocks have fallen -6.16% over the past one year.
Levels Of Support And Resistance For MDB Stock
The most recent change occurred on April 01, 2025 when Daiwa Securities began covering the stock and recommended ‘”an Outperform”‘ rating along with a $202 price target.
