GILDER GAGNON HOWE & COMPANY LLC Has 12.7% Stake in Mongodb Inc (MDB)
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.
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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.
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