GILDER GAGNON HOWE & COMPANY LLC

revealed that they own a 12.7% stake in Mongodb Inc (NASDAQ:MDB) in a Schedule 13G disclosure that was filed with the Securities and Exchange Commission (SEC) on Wednesday, December 6th. The investor owns 1,027,738 shares of the stock worth $26,875,349. The filing is available through Edgar at this link.

Mongodb Inc (NASDAQ MDB) opened at $26.15 on Wednesday. Mongodb Inc has a 1-year low of $25.86 and a 1-year high of $34.00.

Several brokerages have issued reports on MDB. Canaccord Genuity Group started coverage on Mongodb in a research note on Wednesday, November 15th. They issued a “buy” rating and a $35.00 target price for the company. Stifel Nicolaus began coverage on Mongodb in a research note on Monday, November 13th. They issued a “buy” rating and a $34.00 price target on the stock. Canaccord Genuity began coverage on Mongodb in a research note on Monday, November 13th. They issued a “buy” rating and a $35.00 target price on the stock. JMP Securities started coverage on Mongodb in a research note on Monday, November 13th. They issued a “market perform” rating on the stock. Finally, Goldman Sachs Group started coverage on Mongodb in a research report on Monday, November 13th. They set a “neutral” rating and a $30.00 price objective on the stock. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $33.83.

COPYRIGHT VIOLATION WARNING: This report was originally published by TheOlympiaReport and is the property of of TheOlympiaReport. If you are reading this report on another site, it was illegally copied and republished in violation of international copyright and trademark legislation. The correct version of this report can be read at https://theolympiareport.com/2017/12/06/gilder-gagnon-howe-company-llc-has-12-7-stake-in-mongodb-inc-mdb.html.

About Mongodb

MongoDB, Inc is a United States-based modern, general purpose database platform. Its platform is designed to run applications at scale across a broad range of use cases in the cloud, on-premise or in a hybrid environment. Its primary subscription package is MongoDB Enterprise Advanced, which includes its proprietary database server, security, enterprise management capabilities, its graphical user interface, analytics integrations and technical support.

Receive News & Ratings for Mongodb Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mongodb Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.