Published on 4 Apr 2024 on GuruFocus.com via Yahoo Finance
MongoDB Inc (MDB) Chief Revenue Officer Cedric Pech Sells 6,156 Shares
MongoDB Inc (NASDAQ:MDB), a leading modern, general-purpose database platform, has reported an insider sale according to a recent SEC filing. Chief Revenue Officer Cedric Pech sold 6,156 shares of the company on April 3, 2024. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this SEC Filing.Over the past year, the insider has sold a total of 62,142 shares of MongoDB Inc and has not made any insider purchases. This latest transaction continues a trend of insider sales at the company, with a total of 65 insider sells and no insider buys over the past year.
On the day of the sale, shares of MongoDB Inc were trading at $344.46, giving the company a market capitalization of $24.749 billion. This valuation comes in the context of MongoDB Inc's stock being considered Significantly Undervalued according to the GuruFocus Value; with a price of $344.46 and a GuruFocus Value of $486.29, the price-to-GF-Value ratio stands at 0.71.