Rep. Gilbert Ray Cisneros, Jr. Buys MongoDB, Inc. (NASDAQ:MDB) Shares

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of MongoDB, Inc. (NASDAQ:MDB). In a filing disclosed on December 15th, the Representative disclosed that they had bought between $1,001 and $15,000 in MongoDB stock on November 18th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Spotify Technology (NYSE:SPOT) on 11/26/2025.
• Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 11/26/2025.
• Purchased $1,001 – $15,000 in shares of First Watch Restaurant Group (NASDAQ:FWRG) on 11/26/2025.
• Purchased $1,001 – $15,000 in shares of TKO Group (NYSE:TKO) on 11/26/2025.
• Sold $1,001 – $15,000 in shares of RBC Bearings (NYSE:RBC) on 11/24/2025.
• Sold $1,001 – $15,000 in shares of Stifel Financial (NYSE:SF) on 11/24/2025.
• Purchased $1,001 – $15,000 in shares of Logan Energy (CVE:LGN) on 11/24/2025.
• Sold $1,001 – $15,000 in shares of Primoris Services (NASDAQ:PRIM) on 11/24/2025.
• Purchased $15,001 – $50,000 in shares of LandBridge (NYSE:LB) on 11/21/2025.
• Purchased $50,001 – $100,000 in shares of LandBridge (NYSE:LB) on 11/20/2025.

MongoDB Trading Up 1.2%

MongoDB stock opened at $430.18 on Friday. The stock has a 50 day moving average of $360.34 and a two-hundred day moving average of $289.86. MongoDB, Inc. has a twelve month low of $140.78 and a twelve month high of $432.55. The stock has a market capitalization of $35.01 billion, a price-to-earnings ratio of -494.46 and a beta of 1.45.

MongoDB (NASDAQ:MDB) last announced its quarterly earnings data on Monday, December 1st. The company reported $1.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.53. The company had revenue of $628.31 million for the quarter, compared to analysts’ expectations of $592.98 million. MongoDB had a negative net margin of 3.06% and a negative return on equity of 1.12%. MongoDB’s revenue was up 18.7% compared to the same quarter last year. During the same period in the previous year, the company posted $1.16 EPS. MongoDB has set its Q4 2026 guidance at 1.440-1.480 EPS and its FY 2026 guidance at 4.760-4.800 EPS. Equities analysts predict that MongoDB, Inc. will post -1.78 earnings per share for the current year.

Insider Activity at MongoDB

In related news, Director Charles M. Hazard, Jr. sold 166 shares of the business’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $326.13, for a total value of $54,137.58. Following the completion of the sale, the director directly owned 13,995 shares of the company’s stock, valued at $4,564,189.35. The trade was a 1.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Dwight A. Merriman sold 10,000 shares of the stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $417.83, for a total value of $4,178,300.00. Following the transaction, the director directly owned 1,041,316 shares in the company, valued at approximately $435,093,064.28. This represents a 0.95% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 99,969 shares of company stock worth $36,374,672 over the last ninety days. Company insiders own 3.10% of the company’s stock.

Institutional Investors Weigh In On MongoDB

A number of institutional investors and hedge funds have recently bought and sold shares of MDB. Meiji Yasuda Asset Management Co Ltd. boosted its position in MongoDB by 3.8% during the 3rd quarter. Meiji Yasuda Asset Management Co Ltd. now owns 1,101 shares of the company’s stock worth $342,000 after purchasing an additional 40 shares during the period. Brooklyn Investment Group raised its stake in shares of MongoDB by 7.4% during the third quarter. Brooklyn Investment Group now owns 679 shares of the company’s stock valued at $211,000 after purchasing an additional 47 shares during the period. Huntington National Bank grew its holdings in MongoDB by 110.9% during the 3rd quarter. Huntington National Bank now owns 97 shares of the company’s stock valued at $30,000 after purchasing an additional 51 shares in the last quarter. GAMMA Investing LLC lifted its holdings in MongoDB by 46.2% in the 3rd quarter. GAMMA Investing LLC now owns 171 shares of the company’s stock worth $53,000 after buying an additional 54 shares in the last quarter. Finally, Westside Investment Management Inc. grew its stake in shares of MongoDB by 82.1% during the third quarter. Westside Investment Management Inc. now owns 122 shares of the company’s stock valued at $39,000 after acquiring an additional 55 shares in the last quarter. Hedge funds and other institutional investors own 89.29% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on MDB shares. Bank of America upped their price objective on MongoDB from $440.00 to $480.00 and gave the stock a “buy” rating in a report on Tuesday, December 2nd. Citizens Jmp upped their price target on shares of MongoDB from $435.00 to $475.00 and gave the stock a “market outperform” rating in a research note on Tuesday, December 2nd. Rosenblatt Securities raised their price objective on shares of MongoDB from $385.00 to $425.00 and gave the company a “buy” rating in a research note on Tuesday, December 2nd. Truist Financial boosted their price objective on shares of MongoDB from $400.00 to $450.00 and gave the stock a “buy” rating in a report on Tuesday, December 2nd. Finally, UBS Group upped their target price on shares of MongoDB from $330.00 to $440.00 and gave the stock a “neutral” rating in a research report on Tuesday, December 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $414.97.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

MongoDB Company Profile

MongoDB, Inc is a software company best known for developing MongoDB, a general-purpose, document-oriented database designed for modern application development. The company’s platform is built to support high-performance, scalable data storage and retrieval for use cases such as cloud-native applications, mobile backends, real-time analytics, and content management. MongoDB offers a mix of open-source software, commercial server distributions, and subscription-based services that include technical support, training and professional services.

The company traces its origins to 2007 when it was founded as 10gen by Dwight Merriman and Eliot Horowitz; it later adopted the MongoDB name and completed a public listing in 2017.