Zevenbergen Capital Investments LLC's Partial Stake Reduction in MongoDB, Inc. (NASDAQ:MDB)

Sunday, 14 July 2024, 04:47

Zevenbergen Capital Investments LLC recently decreased its holdings in MongoDB, Inc. by 12.0% during the 1st quarter. The institutional investor now holds 95,403 shares of NASDAQ-listed MongoDB, Inc. after selling 12,980 shares, as per its latest SEC filing. This move indicates a strategic decision by the investor to adjust its portfolio position in the company.
Marketbeat
Zevenbergen Capital Investments LLC's Partial Stake Reduction in MongoDB, Inc. (NASDAQ:MDB)

Zevenbergen Capital Investments LLC Reduces Stake in MongoDB, Inc.

Zevenbergen Capital Investments LLC cut its holdings in the shares of MongoDB, Inc. (NASDAQ:MDB) by 12.0% during the 1st quarter, according to its most recent Form 13F filing with the SEC.

  • Institutional investor owned 95,403 shares of the company's stock after selling 12,980 shares
  • The reduction confirms a strategic maneuver by the investor.

Key Points:

  1. Stake Reduction: Zevenbergen Capital reduced its stake by 12.0%
  2. Portfolio Adjustment: Indicates a strategic decision for portfolio realignment

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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