Summary by Moomoo AI
Prudential Financial, Inc. has filed a Schedule 13G with the Securities and Exchange Commission on February 13, 2024, indicating that it has acquired a 5.44% stake in MongoDB Inc., which amounts to 3,924,746 shares of common stock. The filing specifies that Prudential Financial, Inc. holds both sole and shared voting and dispositive power over these shares. The shares are beneficially owned through a number of Prudential's subsidiaries, including The Prudential Insurance Company of America and Jennison Associates LLC, among others. Prudential Financial, Inc. asserts that the acquisition of these shares is in the ordinary course of business and not intended to change or influence the control of MongoDB Inc. The address of MongoDB's executive offices is listed as 1633 Broadway, 38th Floor, New York, NY 10019.