ABN Amro Investment Solutions Grows Position in MongoDB, Inc. $MDB

ABN Amro Investment Solutions lifted its stake in MongoDB, Inc. (NASDAQ:MDB) by 12.0% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,312 shares of the company’s stock after buying an additional 1,534 shares during the quarter. ABN Amro Investment Solutions’ holdings in MongoDB were worth $4,442,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Montag A & Associates Inc. lifted its holdings in MongoDB by 144.3% during the second quarter. Montag A & Associates Inc. now owns 171 shares of the company’s stock valued at $36,000 after purchasing an additional 101 shares in the last quarter. Promus Capital LLC purchased a new position in shares of MongoDB during the 2nd quarter valued at $36,000. TD Private Client Wealth LLC lifted its stake 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 in the last quarter. Hollencrest Capital Management bought a new position in MongoDB in the 3rd quarter worth $37,000. Finally, Westside Investment Management Inc. increased its stake in MongoDB by 82.1% in the 3rd quarter. Westside Investment Management Inc. now owns 122 shares of the company’s stock worth $39,000 after buying an additional 55 shares in the last quarter. 89.29% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on MDB shares. Raymond James Financial began coverage on MongoDB in a research report on Monday, December 15th. They issued a “market perform” rating on the stock. Needham & Company LLC restated a “buy” rating and issued a $500.00 price target on shares of MongoDB in a research note on Tuesday, January 20th. Royal Bank Of Canada set a $500.00 price objective on shares of MongoDB in a report on Thursday, January 15th. Morgan Stanley boosted their target price on shares of MongoDB from $400.00 to $440.00 and gave the stock an “overweight” rating in a report on Tuesday, December 2nd. Finally, Wedbush upped their target price on shares of MongoDB from $400.00 to $440.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 2nd. Two analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, MongoDB has a consensus rating of “Moderate Buy” and an average price target of $422.29.

Insider Buying and Selling at MongoDB

In related news, Director Roelof Botha sold 24,850 shares of the business’s stock in a transaction on Friday, December 5th. The stock was sold at an average price of $405.85, for a total transaction of $10,085,372.50. Following the completion of the transaction, the director owned 194,600 shares in the company, valued at $78,978,410. The trade was a 11.32% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Hope F. Cochran sold 1,566 shares of MongoDB stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $421.85, for a total value of $660,617.10. Following the sale, the director owned 25,659 shares of the company’s stock, valued at approximately $10,824,249.15. This trade represents a 5.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 62,353 shares of company stock worth $25,440,798 over the last 90 days. Company insiders own 3.10% of the company’s stock.

MongoDB Stock Performance

Shares of MongoDB stock opened at $368.40 on Monday. The stock has a market cap of $29.98 billion, a price-to-earnings ratio of -423.45 and a beta of 1.38. The stock has a 50 day moving average price of $401.94 and a 200-day moving average price of $342.60. MongoDB, Inc. has a one year low of $140.78 and a one year high of $444.72.

MongoDB (NASDAQ:MDB) last posted its quarterly earnings data on Monday, December 1st. The company reported $1.32 earnings per share for the quarter, beating analysts’ consensus estimates of $0.79 by $0.53. The business had revenue of $628.31 million for the quarter, compared to analysts’ expectations of $592.98 million. MongoDB had a negative net margin of 3.06% and a negative return on equity of 1.12%. The business’s revenue was up 18.7% compared to the same quarter last year. During the same quarter in the previous year, the business 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. Sell-side analysts predict 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.