Gotham Asset Management LLC Has $1.19 Million Holdings in Mongodb Inc (MDB)

Gotham Asset Management LLC lifted its holdings in Mongodb Inc (NASDAQ:MDB) by 81.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,145 shares of the company’s stock after buying an additional 6,366 shares during the quarter. Gotham Asset Management LLC’s holdings in Mongodb were worth $1,185,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. MML Investors Services LLC purchased a new position in shares of Mongodb in the fourth quarter valued at $328,000. Squarepoint Ops LLC boosted its stake in Mongodb by 213.9% during the fourth quarter. Squarepoint Ops LLC now owns 8,813 shares of the company’s stock worth $738,000 after buying an additional 6,005 shares during the period. Bank of America Corp DE boosted its stake in Mongodb by 16.3% during the fourth quarter. Bank of America Corp DE now owns 25,154 shares of the company’s stock worth $2,106,000 after buying an additional 3,533 shares during the period. 1832 Asset Management L.P. purchased a new position in Mongodb during the fourth quarter worth $30,815,000. Finally, Two Sigma Advisers LP boosted its stake in Mongodb by 28.3% during the fourth quarter. Two Sigma Advisers LP now owns 57,100 shares of the company’s stock worth $4,782,000 after buying an additional 12,600 shares during the period. 63.50% of the stock is currently owned by hedge funds and other institutional investors.

Shares of MDB stock traded down $6.81 during trading hours on Friday, reaching $125.38. 3,734,209 shares of the company’s stock were exchanged, compared to its average volume of 1,526,147. Mongodb Inc has a 1 year low of $32.35 and a 1 year high of $154.80. The firm has a market capitalization of $6.89 billion, a price-to-earnings ratio of -72.90 and a beta of 0.14. The company has a debt-to-equity ratio of 0.82, a quick ratio of 3.44 and a current ratio of 3.44.

Mongodb (NASDAQ:MDB) last issued its earnings results on Wednesday, March 13th. The company reported ($0.36) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.56) by $0.20. The firm had revenue of $83.10 million for the quarter, compared to analyst estimates of $74.02 million. Mongodb had a negative return on equity of 49.90% and a negative net margin of 44.47%. Mongodb’s revenue for the quarter was up 84.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.40) earnings per share. As a group, equities analysts forecast that Mongodb Inc will post -1.99 earnings per share for the current year.

Several research analysts have commented on MDB shares. Zacks Investment Research raised shares of Mongodb from a “hold” rating to a “buy” rating and set a $97.00 price objective for the company in a research note on Friday, January 11th. Needham & Company LLC reiterated a “buy” rating and set a $108.00 target price (up from $91.00) on shares of Mongodb in a research report on Thursday, February 28th. William Blair assumed coverage on Mongodb in a report on Friday, March 22nd. They issued an “outperform” rating for the company. Nomura set a $63.00 price objective on Mongodb and gave the company a “sell” rating in a report on Tuesday, February 26th. Finally, Monness Crespi & Hardt lifted their price objective on Mongodb from $110.00 to $150.00 and gave the company a “buy” rating in a report on Thursday, March 14th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and twelve have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $107.08.

In other Mongodb news, Director Charles M. Hazard, Jr. sold 2,017 shares of the business’s stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $148.75, for a total value of $300,028.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Dev Ittycheria sold 19,600 shares of the company’s stock in a transaction that occurred on Friday, February 1st. The stock was sold at an average price of $91.99, for a total value of $1,803,004.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 203,108 shares of company stock worth $23,996,121. 40.04% of the stock is owned by insiders.

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Mongodb 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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Institutional Ownership by Quarter for Mongodb (NASDAQ:MDB)

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