Allspring Global Investments Holdings LLC Acquires 5,726 Shares of MongoDB, Inc. $MDB

Allspring Global Investments Holdings LLC boosted its holdings in MongoDB, Inc. (NASDAQ:MDB) by 170.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,080 shares of the company’s stock after buying an additional 5,726 shares during the period. Allspring Global Investments Holdings LLC’s holdings in MongoDB were worth $2,919,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of MDB. AQR Capital Management LLC increased its position in MongoDB by 12.3% during the first quarter. AQR Capital Management LLC now owns 41,678 shares of the company’s stock worth $7,198,000 after acquiring an additional 4,552 shares during the period. Integrated Wealth Concepts LLC grew its position in MongoDB by 31.6% in the 1st quarter. Integrated Wealth Concepts LLC now owns 1,363 shares of the company’s stock worth $239,000 after purchasing an additional 327 shares during the last quarter. NewEdge Advisors LLC increased its holdings in shares of MongoDB by 55.0% during the 1st quarter. NewEdge Advisors LLC now owns 4,238 shares of the company’s stock worth $743,000 after purchasing an additional 1,504 shares during the period. Jones Financial Companies Lllp raised its position in shares of MongoDB by 875.2% during the first quarter. Jones Financial Companies Lllp now owns 9,947 shares of the company’s stock valued at $1,745,000 after buying an additional 8,927 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of MongoDB by 11.3% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,271,444 shares of the company’s stock valued at $223,011,000 after buying an additional 129,451 shares during the period. 89.29% of the stock is owned by institutional investors.

MongoDB News Roundup

Here are the key news stories impacting MongoDB this week:

• Positive Sentiment: Several brokerages have lifted targets and reiterated buy cases, signaling continued analyst confidence that supports longer‑term upside. Example: Truist raised its price target to $500. Read More.
• Positive Sentiment: MDB recently hit a 52‑week high and has benefited from renewed AI/CEA optimism among analysts, helping momentum into the open of the week. Read More.
• Positive Sentiment: Analysts note MongoDB’s expanding partner ecosystem and hyperscaler integrations, which can support durable revenue growth and reduce adoption friction for customers. Read More.
• Neutral Sentiment: Raymond James initiated coverage with a Market Perform rating, calling MongoDB at a “strategic crossroads” as AI/data competition intensifies — balanced view that can temper some of the bullish narrative. Read More.
• Neutral Sentiment: Extremely heavy options flow — both calls and puts — suggests traders are positioning for near‑term volatility rather than a one‑sided directional bet (36,130 calls and 23,831 puts reported). This can amplify intraday moves and hedging activity. Read More.
• Negative Sentiment: Market headlines flagged a notable pullback in the session (price slid while broader market rose), consistent with profit‑taking after the recent run. Read More.
• Negative Sentiment: An insider sale (director Dwight Merriman sold ~1,054 shares) was disclosed — a small reduction in his stake but the filing can be read as a short‑term negative signal by some investors. Read More.

Insider Buying and Selling

In related news, Director Charles M. Hazard, Jr. sold 166 shares of MongoDB 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 transaction, 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 transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Dwight A. Merriman sold 1,054 shares of the company’s stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $422.50, for a total transaction of $445,315.00. Following the transaction, the director owned 82,791 shares in the company, valued at approximately $34,979,197.50. This trade represents a 1.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 81,023 shares of company stock valued at $30,382,587 in the last 90 days. 3.10% of the stock is owned by corporate insiders.

MongoDB Trading Down 6.1%

NASDAQ MDB opened at $413.52 on Friday. MongoDB, Inc. has a 1-year low of $140.78 and a 1-year high of $444.72. The company has a 50 day moving average of $388.08 and a 200-day moving average of $311.13. The firm has a market cap of $33.66 billion, a price-to-earnings ratio of -475.31 and a beta of 1.38.

MongoDB (NASDAQ:MDB) last released its quarterly earnings results on Monday, December 1st. The company reported $1.32 EPS for the quarter, topping 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 business had revenue of $628.31 million for the quarter, compared to analyst estimates of $592.98 million. During the same period in the prior year, the company earned $1.16 EPS. MongoDB’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. On average, analysts forecast that MongoDB, Inc. will post -1.78 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Mizuho boosted their price target on MongoDB from $250.00 to $310.00 and gave the company a “neutral” rating in a research note on Tuesday, December 2nd. Argus upped their target price on MongoDB from $340.00 to $488.00 and gave the company a “buy” rating in a research note on Thursday, December 4th. Morgan Stanley raised their target price on MongoDB from $400.00 to $440.00 and gave the stock an “overweight” rating in a research report on Tuesday, December 2nd. Bank of America boosted their price target on shares of MongoDB from $440.00 to $480.00 and gave the company a “buy” rating in a report on Tuesday, December 2nd. Finally, Raymond James Financial started coverage on shares of MongoDB in a research note on Monday, December 15th. They issued a “market perform” rating for the company. 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. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $418.40.

About MongoDB

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.