Vontobel Holding Ltd. Lowers Stock Position in MongoDB, Inc. $MDB
Vontobel Holding Ltd. reduced its stake in MongoDB, Inc. by 42.4% in the third quarter, as per its latest SEC filing. The firm now owns 4,232 shares valued at $1,314,000. Other investors like AQR Capital and Vanguard Group have increased their holdings. Analysts have given MongoDB a consensus 'Moderate Buy' rating, with a target price of $414.97. MongoDB's recent earnings exceeded expectations, with revenue up 18.7% year-over-year.
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