Summary by Moomoo AI
On 12/10/2024, Dwight A. Merriman, a reporting person of MongoDB, executed a significant stock transaction. Merriman sold a total of 2,000 shares of MongoDB's Class A Common Stock in two separate transactions, each involving 1,000 shares at a price of $322.80 per share.The total value of the disposed shares amounted to $645,600. Following these transactions, Merriman's direct ownership decreased to 1,120,006 shares, while indirect ownership through a trust reduced to 520,896 shares. The transactions were completed as open market or private sales.This insider selling activity may be of interest to investors monitoring MongoDB's stock performance and insider trading patterns. The transaction occurred at a time when MongoDB's stock was trading at a notable price point, potentially reflecting the insider's perspective on the company's current valuation.
