375,719 Shares in MongoDB, Inc. $MDB Bought by Artisan Partners Limited Partnership

Artisan Partners Limited Partnership bought a new position in shares of MongoDB, Inc. (NASDAQ:MDB) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 375,719 shares of the company’s stock, valued at approximately $116,616,000. Artisan Partners Limited Partnership owned about 0.46% of MongoDB at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in shares of MongoDB by 5.0% during the 3rd quarter. Vanguard Group Inc. now owns 8,985,697 shares of the company’s stock worth $2,788,981,000 after acquiring an additional 431,382 shares in the last quarter. State Street Corp boosted its position in MongoDB by 5.0% during the second quarter. State Street Corp now owns 1,693,194 shares of the company’s stock worth $355,554,000 after purchasing an additional 80,334 shares during the period. Geode Capital Management LLC boosted its position in MongoDB by 5.2% during the second quarter. Geode Capital Management LLC now owns 1,397,898 shares of the company’s stock worth $292,597,000 after purchasing an additional 68,611 shares during the period. AQR Capital Management LLC grew its holdings in MongoDB by 2,567.2% during the second quarter. AQR Capital Management LLC now owns 1,111,647 shares of the company’s stock valued at $233,435,000 after purchasing an additional 1,069,969 shares during the last quarter. Finally, Primecap Management Co. CA raised its position in shares of MongoDB by 20.1% in the second quarter. Primecap Management Co. CA now owns 1,045,719 shares of the company’s stock valued at $219,591,000 after purchasing an additional 175,169 shares during the period. Institutional investors and hedge funds own 89.29% of the company’s stock.

MongoDB Stock Performance

NASDAQ MDB opened at $328.47 on Friday. MongoDB, Inc. has a twelve month low of $140.78 and a twelve month high of $444.72. The stock has a market cap of $26.73 billion, a PE ratio of -377.55 and a beta of 1.38. The firm has a 50-day simple moving average of $385.52 and a 200 day simple moving average of $348.93.

MongoDB (NASDAQ:MDB) last posted its quarterly earnings results on Monday, December 1st. The company reported $1.32 EPS for the quarter, beating the consensus estimate 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 firm had revenue of $628.31 million during the quarter, compared to analysts’ expectations of $592.98 million. During the same quarter in the prior year, the firm posted $1.16 EPS. The company’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. Research analysts forecast that MongoDB, Inc. will post -1.78 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts recently issued reports on MDB shares. Macquarie Infrastructure upped their price objective on shares of MongoDB from $305.00 to $385.00 and gave the stock a “neutral” rating in a report on Tuesday, December 2nd. The Goldman Sachs Group restated a “buy” rating and set a $475.00 price target on shares of MongoDB in a report on Monday, January 5th. Mizuho raised their price target on MongoDB from $250.00 to $310.00 and gave the company a “neutral” rating in a research report on Tuesday, December 2nd. Rosenblatt Securities lifted their price objective on MongoDB from $385.00 to $425.00 and gave the stock a “buy” rating in a research note on Tuesday, December 2nd. Finally, Cantor Fitzgerald increased their target price on MongoDB from $406.00 to $454.00 and gave the company an “overweight” rating in a research note on Tuesday, December 2nd. Two analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $416.15.

Insider Buying and Selling

In other news, Director Hope F. Cochran sold 1,566 shares of the firm’s 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 directly 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Roelof Botha sold 24,850 shares of MongoDB stock in a transaction dated 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 62,353 shares of company stock valued at $25,440,798 over the last ninety days. 3.10% of the stock is owned by company insiders.

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.