MongoDB, Inc. $MDB Stock Holdings Lifted by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC lifted its position in MongoDB, Inc. (NASDAQ:MDB) by 25.1% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 18,131 shares of the company’s stock after acquiring an additional 3,641 shares during the quarter. Commonwealth Equity Services LLC’s holdings in MongoDB were worth $5,627,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Montag A & Associates Inc. raised its stake in MongoDB by 144.3% during the 2nd quarter. Montag A & Associates Inc. now owns 171 shares of the company’s stock valued at $36,000 after purchasing an additional 101 shares during the period. Promus Capital LLC purchased a new position in shares of MongoDB during the second quarter valued at $36,000. True Wealth Design LLC grew its holdings in shares of MongoDB by 1,193.8% during the second quarter. True Wealth Design LLC now owns 207 shares of the company’s stock valued at $43,000 after buying an additional 191 shares in the last quarter. Geneos Wealth Management Inc. raised its position in MongoDB by 79.7% during the second quarter. Geneos Wealth Management Inc. now owns 221 shares of the company’s stock valued at $46,000 after buying an additional 98 shares during the period. Finally, GAMMA Investing LLC lifted its stake 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 acquiring an additional 54 shares in the last quarter. Institutional investors and hedge funds own 89.29% of the company’s stock.

Insider Buying and Selling at MongoDB

In other MongoDB news, Director Charles M. Hazard, Jr. sold 833 shares of the firm’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $326.13, for a total transaction of $271,666.29. Following the transaction, the director directly owned 44,867 shares in the company, valued at $14,632,474.71. This trade represents a 1.82% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Dwight A. Merriman sold 10,000 shares of the business’s stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $338.52, for a total value of $3,385,200.00. Following the completion of the sale, the director directly owned 1,055,316 shares of the company’s stock, valued at $357,245,572.32. This represents a 0.94% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 65,023 shares of company stock valued at $25,358,427. Corporate insiders own 3.10% of the company’s stock.

Analyst Ratings Changes

MDB has been the subject of a number of research reports. BMO Capital Markets raised their price objective on MongoDB from $415.00 to $455.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 2nd. Argus increased their price target on shares of MongoDB from $340.00 to $488.00 and gave the stock a “buy” rating in a research report on Thursday, December 4th. DA Davidson raised their price target on shares of MongoDB from $415.00 to $465.00 and gave the stock a “buy” rating in a report on Tuesday, December 2nd. Robert W. Baird boosted their price objective on shares of MongoDB from $335.00 to $500.00 and gave the company an “outperform” rating in a research report on Tuesday, December 2nd. Finally, Royal Bank Of Canada increased their target price on shares of MongoDB from $450.00 to $500.00 and gave the stock an “outperform” rating in a research report on Monday, January 5th. Two research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $420.26.

MongoDB Stock Performance

Shares of MDB opened at $386.89 on Thursday. The firm has a market cap of $31.49 billion, a PE ratio of -444.70 and a beta of 1.38. The firm’s 50 day moving average price is $391.87 and its 200 day moving average price is $317.41. MongoDB, Inc. has a twelve month low of $140.78 and a twelve month high of $444.72.

MongoDB (NASDAQ:MDB) last posted its earnings results on Monday, December 1st. The company reported $1.32 EPS for the quarter, topping the consensus estimate of $0.79 by $0.53. The company had revenue of $628.31 million during the quarter, compared to the consensus estimate of $592.98 million. MongoDB had a negative net margin of 3.06% and a negative return on equity of 1.12%. The company’s revenue for the quarter was up 18.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.16 earnings per share. 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, sell-side analysts anticipate that MongoDB, Inc. will post -1.78 earnings per share for the current fiscal year.

MongoDB 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.