Mongodb Inc (NASDAQ:MDB) Director Charles M. Hazard, Jr. sold 1,666 shares of the firm’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $137.74, for a total value of $229,474.84. Following the completion of the sale, the director now directly owns 105,548 shares in the company, valued at $14,538,181.52. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.
MDB opened at $142.68 on Wednesday. Mongodb Inc has a 1 year low of $70.10 and a 1 year high of $184.78. The firm has a 50 day moving average price of $132.64 and a 200 day moving average price of $142.70. The company has a debt-to-equity ratio of 0.97, a quick ratio of 2.82 and a current ratio of 2.82. The company has a market cap of $8.37 billion, a PE ratio of -82.95 and a beta of 0.13.
Mongodb (NASDAQ:MDB) last announced its quarterly earnings results on Wednesday, September 4th. The company reported ($0.58) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.51) by ($0.07). Mongodb had a negative net margin of 36.58% and a negative return on equity of 43.95%. The business had revenue of $99.40 million for the quarter, compared to analyst estimates of $91.70 million. During the same period last year, the firm earned ($0.41) earnings per share. The company’s quarterly revenue was up 66.8% on a year-over-year basis. On average, sell-side analysts predict that Mongodb Inc will post -2.26 earnings per share for the current year.
Institutional investors have recently added to or reduced their stakes in the company. Oregon Public Employees Retirement Fund lifted its holdings in shares of Mongodb by 52.8% during the 2nd quarter. Oregon Public Employees Retirement Fund now owns 9,800 shares of the company’s stock valued at $1,490,000 after acquiring an additional 3,385 shares in the last quarter. Commonwealth Equity Services LLC boosted its holdings in Mongodb by 24.3% in the 2nd quarter. Commonwealth Equity Services LLC now owns 7,340 shares of the company’s stock worth $1,116,000 after acquiring an additional 1,433 shares during the period. FNY Investment Advisers LLC grew its position in Mongodb by 1,638.5% in the second quarter. FNY Investment Advisers LLC now owns 200 shares of the company’s stock valued at $30,000 after acquiring an additional 213 shares in the last quarter. Daiwa Securities Group Inc. acquired a new stake in Mongodb in the second quarter valued at approximately $196,000. Finally, Mn Services Vermogensbeheer B.V. acquired a new position in shares of Mongodb during the second quarter worth $821,000. 78.11% of the stock is owned by institutional investors.
Mongodb Company Profile
MongoDB, Inc operates as a general purpose database platform worldwide. The company offers MongoDB Enterprise Advanced, a subscription package for enterprise customers to run in the cloud, on-premise, or in a hybrid environment; MongoDB Atlas, a cloud-hosted database-as-a-service solution; and Community Server, a free-to-download version of its database, which includes the functionality that developers need to get started with MongoDB.
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