Yousif Capital Management LLC Purchases Shares of 994 MongoDB, Inc. $MDB

Yousif Capital Management LLC acquired a new stake in MongoDB, Inc. (NASDAQ:MDB) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 994 shares of the company’s stock, valued at approximately $209,000.

Other hedge funds have also bought and sold shares of the company. Jericho Capital Asset Management L.P. bought a new stake in MongoDB in the first quarter valued at approximately $161,543,000. Primecap Management Co. CA increased its holdings in shares of MongoDB by 863.5% during the 1st quarter. Primecap Management Co. CA now owns 870,550 shares of the company’s stock worth $152,694,000 after acquiring an additional 780,200 shares during the last quarter. Westfield Capital Management Co. LP bought a new stake in MongoDB in the 1st quarter valued at $128,706,000. Vanguard Group Inc. raised its stake in MongoDB by 6.6% in the 1st quarter. Vanguard Group Inc. now owns 7,809,768 shares of the company’s stock valued at $1,369,833,000 after acquiring an additional 481,023 shares during the period. Finally, Alyeska Investment Group L.P. lifted its holdings in MongoDB by 425.6% during the 1st quarter. Alyeska Investment Group L.P. now owns 556,144 shares of the company’s stock valued at $97,548,000 after purchasing an additional 450,336 shares during the last quarter. 89.29% of the stock is currently owned by institutional investors and hedge funds.

MongoDB Stock Performance

MDB opened at $333.57 on Friday. The firm has a market cap of $27.14 billion, a P/E ratio of -340.38 and a beta of 1.50. MongoDB, Inc. has a 52-week low of $140.78 and a 52-week high of $370.00. The business’s fifty day moving average is $306.79 and its 200-day moving average is $235.48.

MongoDB (NASDAQ:MDB) last posted its earnings results on Tuesday, August 26th. The company reported ($0.38) earnings per share for the quarter, missing analysts’ consensus estimates of $0.66 by ($1.04). The company had revenue of $591.40 million for the quarter, compared to the consensus estimate of $553.23 million. MongoDB had a negative return on equity of 1.67% and a negative net margin of 3.54%.The business’s quarterly revenue was up 23.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.70 EPS. MongoDB has set its FY 2026 guidance at 3.640-3.730 EPS. Q3 2026 guidance at 0.760-0.790 EPS. On average, research analysts predict that MongoDB, Inc. will post -1.78 earnings per share for the current fiscal year.

Insider Activity at MongoDB

In other MongoDB news, CAO Thomas Bull sold 1,000 shares of the business’s stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $326.25, for a total value of $326,250.00. Following the transaction, the chief accounting officer directly owned 11,598 shares of the company’s stock, valued at approximately $3,783,847.50. The trade was a 7.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Dev Ittycheria sold 33,320 shares of the business’s stock in a transaction on Thursday, August 28th. The shares were sold at an average price of $301.29, for a total transaction of $10,038,982.80. Following the transaction, the chief executive officer owned 203,237 shares in the company, valued at $61,233,275.73. The trade was a 14.09% decrease in their position. The disclosure for this sale can be found here. Insiders sold 111,828 shares of company stock valued at $34,482,846 over the last ninety days. Insiders own 3.10% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on MDB. Weiss Ratings reiterated a “sell (e+)” rating on shares of MongoDB in a report on Wednesday, October 8th. Wells Fargo & Company started coverage on shares of MongoDB in a research note on Tuesday, September 30th. They issued an “overweight” rating and a $430.00 price target on the stock. Oppenheimer increased their price target on shares of MongoDB from $325.00 to $385.00 and gave the company an “outperform” rating in a report on Thursday, September 18th. Needham & Company LLC boosted their price objective on MongoDB from $325.00 to $365.00 and gave the stock a “buy” rating in a report on Friday, September 19th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $350.00 target price on shares of MongoDB in a research note on Thursday, September 18th. Two research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $342.69.

About MongoDB

MongoDB, Inc, together with its subsidiaries, provides general purpose database platform worldwide. The company provides MongoDB Atlas, a hosted multi-cloud database-as-a-service solution; MongoDB Enterprise Advanced, a commercial database server for enterprise customers to run in the cloud, on-premises, or in a hybrid environment; and Community Server, a free-to-download version of its database, which includes the functionality that developers need to get started with MongoDB.