Generali Investments Towarzystwo Funduszy Inwestycyjnych Sells 1,300 Shares of MongoDB, Inc. $MDB

Generali Investments Towarzystwo Funduszy Inwestycyjnych decreased its position in MongoDB, Inc. (NASDAQ:MDB) by 13.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,700 shares of the company’s stock after selling 1,300 shares during the period. MongoDB comprises approximately 1.4% of Generali Investments Towarzystwo Funduszy Inwestycyjnych’s portfolio, making the stock its 22nd biggest holding. Generali Investments Towarzystwo Funduszy Inwestycyjnych’s holdings in MongoDB were worth $2,700,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of MDB. TD Private Client Wealth LLC lifted its position in shares of MongoDB by 2,825.0% during the 3rd quarter. TD Private Client Wealth LLC now owns 117 shares of the company’s stock valued at $36,000 after buying an additional 113 shares during the last quarter. Parkside Financial Bank & Trust raised its stake in MongoDB by 85.5% in the 3rd quarter. Parkside Financial Bank & Trust now owns 141 shares of the company’s stock valued at $44,000 after acquiring an additional 65 shares during the period. WPG Advisers LLC lifted its holdings in MongoDB by 53.7% during the third quarter. WPG Advisers LLC now owns 166 shares of the company’s stock valued at $52,000 after purchasing an additional 58 shares during the last quarter. Montag A & Associates Inc. boosted its position in MongoDB by 144.3% during the second quarter. Montag A & Associates Inc. now owns 171 shares of the company’s stock worth $36,000 after purchasing an additional 101 shares during the period. Finally, Promus Capital LLC bought a new position in MongoDB during the second quarter worth about $36,000. 89.29% of the stock is owned by hedge funds and other institutional investors.

MongoDB Stock Performance

NASDAQ:MDB opened at $411.25 on Tuesday. The firm has a market capitalization of $33.47 billion, a price-to-earnings ratio of -472.70 and a beta of 1.38. MongoDB, Inc. has a 52-week low of $140.78 and a 52-week high of $444.72. The stock has a fifty day moving average of $397.85 and a 200 day moving average of $328.67.

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

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. Robert W. Baird boosted their price target 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. Argus boosted their target price on shares of MongoDB from $340.00 to $488.00 and gave the company a “buy” rating in a report on Thursday, December 4th. Piper Sandler reaffirmed an “overweight” rating and issued a $490.00 price target (up from $400.00) on shares of MongoDB in a report on Tuesday, December 2nd. Weiss Ratings reiterated a “sell (d-)” rating on shares of MongoDB in a research report on Monday, December 29th. Finally, Needham & Company LLC reissued a “buy” rating and set a $500.00 price objective on shares of MongoDB in a report on Tuesday, January 20th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $422.29.

Insider Activity at MongoDB

In other MongoDB news, Director Dwight A. Merriman sold 1,139 shares of the business’s stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $388.31, for a total value of $442,285.09. Following the completion of the transaction, the director owned 81,652 shares of the company’s stock, valued at $31,706,288.12. The trade was a 1.38% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Roelof Botha sold 24,850 shares of the firm’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 sale, the director owned 194,600 shares in the company, valued at approximately $78,978,410. This trade represents a 11.32% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 78,162 shares of company stock valued at $31,004,092. Company insiders own 3.10% of the company’s stock.

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.