Stock Traders Purchase Large Volume of Put Options on MongoDB (NASDAQ:MDB)

MongoDB, Inc. (NASDAQ:MDB) saw unusually large options trading activity on Wednesday. Traders acquired 23,831 put options on the company. This is an increase of approximately 2,157% compared to the average volume of 1,056 put options.

Key Headlines Impacting MongoDB

Here are the key news stories impacting MongoDB this week:

• Positive Sentiment: Company expands AI capabilities — MongoDB announced new embedding models, vector search tools and APIs in Atlas to simplify building AI apps, a product push that supports long‑term revenue mix and Atlas adoption. MongoDB Expands AI Capabilities
• Positive Sentiment: Analyst upgrade — Scotiabank raised MDB from “sector perform” to “sector outperform” and lifted its price target to $310, signaling research confidence from at least one regional bank. Scotiabank Upgrade (Benzinga)
• Positive Sentiment: High price targets / buy ratings remain from several firms — Citigroup set a $400 PT and Rosenblatt reaffirmed a Buy rating, showing pockets of analyst conviction above current levels. Citigroup $400 PT
• Neutral Sentiment: Unusual options flow — Extremely large volumes of both calls (~36,130) and puts (~23,831) were traded, indicating speculative positioning and increased short‑term volatility rather than a clear directional bet.
• Neutral Sentiment: Mixed analyst target moves — A few shops trimmed targets (e.g., Canaccord to $375, UBS to $275) while others kept higher targets; the net effect is increased dispersion in expectations. Canaccord PT Cut UBS PT Cut
• Negative Sentiment: Guidance disappointed — Q4 results beat on revenue and EPS, but fiscal‑2027 guidance still implies operating losses (and management changes were announced), which triggered the prior session’s heavy selloff. Why MDB Is Down 19.1%
• Negative Sentiment: Downgrades and cautious notes — Zacks moved MDB from “strong‑buy” to “hold” and several firms expressed more conservative outlooks, adding pressure after the guidance miss. Zacks Downgrade
• Negative Sentiment: Analyst pessimism reported — Barclays and Monness issued more negative commentary/forecasts that contributed to the recent gap down and investor caution. Barclays Pessimistic Forecast Monness Notes

Insider Buying and Selling at MongoDB

In related news, Director Dwight A. Merriman sold 10,000 shares of MongoDB stock in a transaction on Friday, December 12th. The stock was sold at an average price of $417.83, for a total value of $4,178,300.00. Following the transaction, the director owned 1,041,316 shares in the company, valued at approximately $435,093,064.28. This trade represents a 0.95% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Thomas Bull sold 555 shares of the business’s stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $413.86, for a total value of $229,692.30. Following the sale, the chief accounting officer directly owned 10,784 shares of the company’s stock, valued at approximately $4,463,066.24. This trade represents a 4.89% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 32,504 shares of company stock worth $13,389,622 in the last quarter. 3.10% of the stock is owned by insiders.

Institutional Investors Weigh In On MongoDB

Several hedge funds and other institutional investors have recently bought and sold shares of MDB. Central Pacific Bank Trust Division purchased a new position in shares of MongoDB during the 4th quarter valued at approximately $28,000. Cornerstone Planning Group LLC raised its holdings in MongoDB by 1,220.0% in the fourth quarter. Cornerstone Planning Group LLC now owns 66 shares of the company’s stock valued at $27,000 after acquiring an additional 61 shares in the last quarter. International Assets Investment Management LLC bought a new position in MongoDB during the 4th quarter valued at $33,000. Root Financial Partners LLC grew its holdings in MongoDB by 58.2% during the 4th quarter. Root Financial Partners LLC now owns 87 shares of the company’s stock worth $37,000 after acquiring an additional 32 shares in the last quarter. Finally, Global Trust Asset Management LLC acquired a new position in MongoDB during the 4th quarter worth $38,000. 89.29% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. Morgan Stanley boosted their target price on MongoDB from $400.00 to $440.00 and gave the stock an “overweight” rating in a report on Tuesday, December 2nd. Zacks Research downgraded shares of MongoDB from a “strong-buy” rating to a “hold” rating in a research note on Monday. KeyCorp reissued a “sector weight” rating on shares of MongoDB in a research note on Tuesday, December 2nd. Citizens Jmp lifted their target price on shares of MongoDB from $435.00 to $475.00 and gave the company a “market outperform” rating in a report on Tuesday, December 2nd. Finally, The Goldman Sachs Group decreased their price target on shares of MongoDB from $475.00 to $320.00 and set a “buy” rating for the company in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $354.18.

MongoDB Trading Up 6.4%

MDB opened at $263.93 on Friday. MongoDB has a twelve month low of $140.78 and a twelve month high of $444.72. The firm has a market cap of $21.48 billion, a price-to-earnings ratio of -299.92, a PEG ratio of 1,462.32 and a beta of 1.40. The company has a fifty day simple moving average of $372.37 and a 200 day simple moving average of $350.67.

MongoDB (NASDAQ:MDB) last issued its quarterly earnings data on Monday, March 2nd. The company reported $1.65 EPS for the quarter, topping analysts’ consensus estimates of $1.47 by $0.18. The firm had revenue of $695.07 million for the quarter, compared to analyst estimates of $669.40 million. MongoDB had a negative net margin of 2.89% and a negative return on equity of 1.03%. The firm’s revenue was up 26.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.28 EPS. On average, analysts forecast that MongoDB will post -1.78 earnings per share for the current fiscal year.

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.