Inscription Capital LLC Boosts Position in MongoDB, Inc. $MDB

Inscription Capital LLC boosted its holdings in MongoDB, Inc. (NASDAQ:MDB) by 111.7% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,233 shares of the company’s stock after purchasing an additional 1,706 shares during the quarter. Inscription Capital LLC’s holdings in MongoDB were worth $1,003,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Integrated Wealth Concepts LLC boosted its holdings in shares of MongoDB by 31.6% in the 1st quarter. Integrated Wealth Concepts LLC now owns 1,363 shares of the company’s stock valued at $239,000 after buying an additional 327 shares in the last quarter. NewEdge Advisors LLC lifted its position in MongoDB by 55.0% in the first quarter. NewEdge Advisors LLC now owns 4,238 shares of the company’s stock valued at $743,000 after acquiring an additional 1,504 shares during the last quarter. Sivia Capital Partners LLC acquired a new position in MongoDB in the second quarter valued at $329,000. Wealth Enhancement Advisory Services LLC grew its holdings in shares of MongoDB by 0.9% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 21,603 shares of the company’s stock worth $4,565,000 after purchasing an additional 192 shares during the last quarter. Finally, IFM Investors Pty Ltd increased its position in shares of MongoDB by 15.6% during the second quarter. IFM Investors Pty Ltd now owns 15,951 shares of the company’s stock worth $3,350,000 after purchasing an additional 2,155 shares in the last quarter. Institutional investors and hedge funds own 89.29% of the company’s stock.

Insider Buying and Selling

In other news, Director Roelof Botha sold 24,850 shares of the company’s stock in a transaction on Friday, December 5th. The shares were sold at an average price of $405.85, for a total transaction of $10,085,372.50. Following the transaction, the director directly owned 194,600 shares of the company’s stock, valued at $78,978,410. This represents a 11.32% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Hope F. Cochran sold 1,566 shares of the stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $421.85, for a total transaction of $660,617.10. Following the completion of the transaction, the director owned 25,659 shares of the company’s stock, valued at $10,824,249.15. This represents a 5.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 82,162 shares of company stock valued at $32,384,092 over the last quarter. Company insiders own 3.10% of the company’s stock.

MongoDB Stock Down 3.7%

Shares of NASDAQ:MDB opened at $384.82 on Wednesday. MongoDB, Inc. has a fifty-two week low of $140.78 and a fifty-two week high of $444.72. The firm’s 50-day simple moving average is $394.10 and its 200-day simple moving average is $323.38. The company has a market cap of $31.32 billion, a price-to-earnings ratio of -442.32 and a beta of 1.38.

MongoDB (NASDAQ:MDB) last announced its quarterly earnings data on Monday, December 1st. The company reported $1.32 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.53. The firm 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 firm’s revenue was up 18.7% compared to the same quarter last year. During the same quarter last year, the firm earned $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, research analysts forecast that MongoDB, Inc. will post -1.78 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on MDB shares. Argus upped their target price on MongoDB from $340.00 to $488.00 and gave the company a “buy” rating in a research report on Thursday, December 4th. Bank of America increased their price objective on MongoDB from $440.00 to $480.00 and gave the company a “buy” rating in a report on Tuesday, December 2nd. KeyCorp reaffirmed a “sector weight” rating on shares of MongoDB in a report on Tuesday, December 2nd. Citizens Jmp increased 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. Finally, Citigroup lifted their price objective on shares of MongoDB from $440.00 to $525.00 and gave the company a “buy” rating in a research note on Wednesday, December 3rd. Two research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $422.29.

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.