MongoDB, Inc. ( NASDAQ:MDB – Get Free Report ) shares shot up 5.4% during mid-day trading on Friday . The company traded as high as $337.56 and last traded at $332.36. 473,438 shares traded hands during trading, a decline of 67% from the average session volume of 1,438,215 shares. The stock had previously closed at $315.44. Wall Street Analyst Weigh In Several research analysts recently weighed in on MDB shares. Stifel Nicolaus upped their price objective on shares of MongoDB from $300.00 to $325.00 and gave the stock a “buy” rating in a research report on Friday, August 30th. Royal Bank of Canada restated an “outperform” rating and set a $350.00 price objective on shares of MongoDB in a research report on Friday, August 30th. Sanford C. Bernstein upped their target price on shares of MongoDB from $358.00 to $360.00 and gave the stock an “outperform” rating in a research report on Friday, August 30th. Wedbush raised MongoDB to a “strong-buy” rating in a research note on Thursday, October 17th. Finally, UBS Group lifted their price target on MongoDB from $250.00 to $275.00 and gave the stock a “neutral” rating in a research note on Friday, August 30th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, MongoDB presently has a consensus rating of “Moderate Buy” and a consensus price target of $336.54. Check Out Our Latest Research Report on MDB MongoDB Stock Performance MongoDB ( NASDAQ:MDB – Get Free Report ) last announced its earnings results on Thursday, August 29th. The company reported $0.70 earnings per share for the quarter, beating analysts’ consensus estimates of $0.49 by $0.21. MongoDB had a negative net margin of 12.08% and a negative return on equity of 15.06%. The firm had revenue of $478.11 million for the quarter, compared to analyst estimates of $465.03 million. During the same quarter in the previous year, the firm posted ($0.63) EPS. The company’s revenue for the quarter was up 12.8% compared to the same quarter last year. On average, equities analysts predict that MongoDB, Inc. will post -2.39 EPS for the current year. Insiders Place Their Bets In related news, Director Dwight A. Merriman sold 3,000 shares of MongoDB stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $290.79, for a total transaction of $872,370.00. Following the completion of the transaction, the director now directly owns 1,135,006 shares of the company’s stock, valued at $330,048,394.74. This trade represents a 0.26 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink . Also, CFO Michael Lawrence Gordon sold 5,000 shares of the company’s stock in a transaction dated Monday, October 14th. The stock was sold at an average price of $290.31, for a total transaction of $1,451,550.00. Following the completion of the sale, the chief financial officer now owns 80,307 shares in the company, valued at approximately $23,313,925.17. This trade represents a 5.86 % decrease in their position. The disclosure for this sale can be found here . In the last quarter, insiders have sold 25,600 shares of company stock worth $7,034,249. Company insiders own 3.60% of the company’s stock. Institutional Trading of MongoDB Institutional investors and hedge funds have recently bought and sold shares of the company. Jennison Associates LLC grew its holdings in shares of MongoDB by 23.6% during the third quarter. Jennison Associates LLC now owns 3,102,024 shares of the company’s stock valued at $838,632,000 after buying an additional 592,038 shares during the last quarter. Swedbank AB lifted its position in MongoDB by 156.3% in the 2nd quarter. Swedbank AB now owns 656,993 shares of the company’s stock valued at $164,222,000 after acquiring an additional 400,705 shares in the last quarter. Thrivent Financial for Lutherans lifted its position in MongoDB by 1,098.1% in the 2nd quarter. Thrivent Financial for Lutherans now owns 424,402 shares of the company’s stock valued at $106,084,000 after acquiring an additional 388,979 shares in the last quarter. Point72 Asset Management L.P. purchased a new stake in MongoDB during the 2nd quarter valued at $52,131,000. Finally, Avala Global LP bought a new stake in shares of MongoDB in the 3rd quarter worth $47,960,000. 89.29% of the stock is currently owned by institutional investors. About MongoDB ( Get Free Report ) MongoDB, Inc, together with its subsidiaries, provides general purpose database platform worldwide. The company provides MongoDB Atlas, a hosted multi-cloud database-as-a-service solution; MongoDB Enterprise Advanced, a commercial database server for enterprise customers to run in the cloud, on-premises, or in a hybrid environment; and Community Server, a free-to-download version of its database, which includes the functionality that developers need to get started with MongoDB. Recommended Stories Receive News & Ratings for MongoDB Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MongoDB and related companies with MarketBeat.com's FREE daily email newsletter .
Dominion Energy Inc. stock underperforms Tuesday when compared to competitors despite daily gainsLilly's 21 lead Brown over Canisius 83-76
S&P/TSX composite ticks lower, U.S. markets rise after latest Trump tariff threat
Lewandowski scores his 100th Champions League goal. He is the 3rd player to reach the milestone BARCELONA, Spain (AP) — Robert Lewandowski converted a first-half penalty kick to become the third player to score 100 goals or more in the Champions League, behind Cristiano Ronaldo and Lionel Messi. Canadian Press Nov 26, 2024 3:02 PM Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message Barcelona's Robert Lewandowski celebrates his side's third goal during a Champions League phase soccer Matchday 5 between Barcelona and Brest at the Lluis Companys Olympic Stadium in Barcelona, Spain, Tuesday, Nov. 26, 2024. (AP Photo/Joan Monfort) BARCELONA, Spain (AP) — Robert Lewandowski converted a first-half penalty kick to become the third player to score 100 goals or more in the Champions League, behind Cristiano Ronaldo and Lionel Messi. Lewandowski calmly sent a low shot into the net from the spot in the 10th minute to give Barcelona a 1-0 lead against Brest. He scored his 101st goal from inside the area in second-half stoppage time to seal the Catalan's club 3-0 victory. Lewandowski trails the 129 goals of Messi and the 140 of Ronaldo, according to UEFA. Lewandowski needed 125 games to reach his milestone — two more games than Messi and 12 fewer than Ronaldo, who also scored once in the qualifying round. “I'm delighted, it's a nice number,” Lewandowski said. “In the past I didn’t think I could score more than 100 goals in the Champions League." It was Lewandowski's sixth and seventh Champions League goals this season. It's the ninth season in which the Poland striker has scored six or more goals. The 36-year-old Lewandowski is having a standout campaign, having scored 22 goals for Barcelona in 19 appearances. He is the Spanish league’s scoring leader with 15 goals from 14 matches. ___ AP soccer: https://apnews.com/hub/soccer The Associated Press See a typo/mistake? Have a story/tip? This has been shared 0 times 0 Shares Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message Get your daily Victoria news briefing Email Sign Up More Soccer Lewandowski joins Ronaldo and Messi in Champions League 100-goal club. Haaland nets 2 but City draws Nov 26, 2024 2:58 PM Gabriel mimics Gyokeres in cheeky goal celebration in Arsenal win over Sporting in Champions League Nov 26, 2024 2:56 PM Bayern Munich fans protest against PSG president Nasser Al-Khelaifi Nov 26, 2024 2:26 PM
Greenwich Child Custody Lawyer Heidi L. De la Rosa Releases Article Discussing Special Needs Considerations in Family Law