Dwight Merriman Sells 1,054 Shares of MongoDB (NASDAQ:MDB) Stock

MongoDB, Inc. (NASDAQ:MDB) Director Dwight Merriman sold 1,054 shares of the firm’s stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $422.50, for a total transaction of $445,315.00. Following the sale, the director owned 82,791 shares of the company’s stock, valued at $34,979,197.50. This represents a 1.26% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

MongoDB Stock Performance

MDB opened at $440.60 on Thursday. The stock has a market capitalization of $35.86 billion, a PE ratio of -506.44 and a beta of 1.38. MongoDB, Inc. has a one year low of $140.78 and a one year high of $444.72. The business’s 50 day moving average price is $386.76 and its 200 day moving average price is $310.42.

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

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on MDB. JMP Securities boosted their price target on shares of MongoDB from $345.00 to $375.00 and gave the company a “market outperform” rating in a research note on Friday, September 19th. Citizens Jmp lifted their target price on shares of MongoDB from $435.00 to $475.00 and gave the company a “market outperform” rating in a report on Tuesday, December 2nd. Truist Financial upped their price target on MongoDB from $450.00 to $500.00 and gave the stock a “buy” rating in a research note on Wednesday. Needham & Company LLC raised their price target on MongoDB from $480.00 to $500.00 and gave the stock a “buy” rating in a research report on Tuesday. Finally, Sanford C. Bernstein lifted their price objective on MongoDB from $338.00 to $452.00 and gave the company an “outperform” rating in a research note on Tuesday, December 2nd. Two investment analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $418.40.

Institutional Trading of MongoDB

A number of large investors have recently modified their holdings of MDB. Northside Capital Management LLC purchased a new position in MongoDB in the fourth quarter valued at $214,000. Impact Capital Partners LLC acquired a new stake in MongoDB in the 4th quarter valued at about $225,000. Everhart Financial Group Inc. purchased a new position in shares of MongoDB in the 4th quarter valued at about $306,000. Central Pacific Bank Trust Division acquired a new position in shares of MongoDB during the fourth quarter worth about $28,000. Finally, Clark Financial Services Group Inc. BD increased its stake in shares of MongoDB by 1.5% during the fourth quarter. Clark Financial Services Group Inc. BD now owns 1,669 shares of the company’s stock worth $702,000 after buying an additional 25 shares during the period. Hedge funds and other institutional investors own 89.29% of the company’s stock.

MongoDB News Roundup

Here are the key news stories impacting MongoDB this week:

• Positive Sentiment: Several brokerages lifted targets and reiterated buy ratings (Needham, Truist, RBC, Oppenheimer), increasing upside expectations and likely drawing buying interest from institutions and momentum traders. Broker upgrades roundup
• Positive Sentiment: Analysts and coverage noted renewed AI optimism coming out of CES 2026, framing MongoDB as a beneficiary of AI-driven data needs—this narrative supports higher valuation multiples and investor appetite. AI/CES valuation piece
• Positive Sentiment: The stock hit a 52‑week high, a technical signal that can attract momentum flows and index/ETF rebalances. 52-week high article
• Positive Sentiment: Analysts highlight MongoDB’s expanding partner ecosystem (developer tools, hyperscalers) as a durable adoption tailwind that lowers friction and supports recurring revenue growth. Partner ecosystem analysis
• Neutral Sentiment: Inclusion on “momentum” lists and broad analyst roundups increases visibility and can amplify short-term flows, but these are echoing existing bullish views rather than introducing new fundamental catalysts. Momentum list Analyst roundup
• Negative Sentiment: A director (Dwight A. Merriman) disclosed sale of 1,054 shares — a small reduction relative to his holding; insider selling can be interpreted negatively by some investors, though the size appears immaterial to the company’s ownership base. Insider sale filing

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.