Diversified Trust Co. Trims Position in MongoDB, Inc. $MDB

Diversified Trust Co. decreased its position in MongoDB, Inc. (NASDAQ:MDB) by 25.8% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,757 shares of the company’s stock after selling 1,997 shares during the quarter. Diversified Trust Co.’s holdings in MongoDB were worth $2,416,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Clark Financial Services Group Inc. BD grew its stake in MongoDB by 1.5% in the 4th quarter. Clark Financial Services Group Inc. BD now owns 1,669 shares of the company’s stock worth $702,000 after acquiring an additional 25 shares in the last quarter. True Wealth Design LLC raised its stake in shares of MongoDB by 9.4% during the fourth quarter. True Wealth Design LLC now owns 419 shares of the company’s stock valued at $176,000 after acquiring an additional 36 shares in the last quarter. Meiji Yasuda Asset Management Co Ltd. boosted its holdings in shares of MongoDB by 3.8% in the third quarter. Meiji Yasuda Asset Management Co Ltd. now owns 1,101 shares of the company’s stock valued at $342,000 after purchasing an additional 40 shares during the period. Grove Bank & Trust boosted its holdings in shares of MongoDB by 81.8% in the fourth quarter. Grove Bank & Trust now owns 100 shares of the company’s stock valued at $42,000 after purchasing an additional 45 shares during the period. Finally, Brooklyn Investment Group grew its stake in MongoDB by 7.4% in the third quarter. Brooklyn Investment Group now owns 679 shares of the company’s stock worth $211,000 after purchasing an additional 47 shares in the last quarter. 89.29% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other MongoDB news, Director Dwight A. Merriman sold 1,190 shares of MongoDB stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $369.75, for a total value of $440,002.50. Following the transaction, the director owned 80,462 shares in the company, valued at $29,750,824.50. The trade was a 1.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold a total of 19,383 shares of company stock worth $7,910,983 over the last 90 days. 3.10% of the stock is owned by company insiders.

Analyst Ratings Changes

Several research firms have commented on MDB. Wedbush reduced their price objective on MongoDB from $440.00 to $380.00 and set an “outperform” rating on the stock in a report on Tuesday, March 3rd. Wall Street Zen upgraded MongoDB from a “hold” rating to a “buy” rating in a report on Sunday, March 15th. Morgan Stanley increased their price target on MongoDB from $400.00 to $440.00 and gave the stock an “overweight” rating in a research report on Tuesday, December 2nd. UBS Group cut their price target on MongoDB from $440.00 to $275.00 and set a “neutral” rating on the stock in a research note on Tuesday, March 3rd. Finally, Piper Sandler decreased their price objective on MongoDB from $490.00 to $330.00 and set an “overweight” rating for the company in a report on Tuesday, March 3rd. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, MongoDB presently has a consensus rating of “Moderate Buy” and an average price target of $355.24.

MongoDB Stock Down 7.1%

MongoDB stock opened at $253.76 on Wednesday. The firm has a market cap of $20.39 billion, a P/E ratio of -288.36 and a beta of 1.40. The business has a fifty day moving average of $332.43 and a two-hundred day moving average of $351.57. MongoDB, Inc. has a twelve month low of $140.78 and a twelve month high of $444.72.

MongoDB (NASDAQ:MDB) last announced its quarterly earnings results on Monday, March 2nd. The company reported $1.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.47 by $0.18. The business had revenue of $695.07 million for the quarter, compared to the consensus estimate of $669.40 million. MongoDB had a negative return on equity of 1.03% and a negative net margin of 2.89%.The business’s revenue was up 26.8% compared to the same quarter last year. During the same period last year, the business posted $1.28 EPS. Equities analysts expect that MongoDB, Inc. will post -1.78 earnings per share for the current year.

Key Headlines Impacting MongoDB

Here are the key news stories impacting MongoDB this week:

• Positive Sentiment: Mizuho upgraded MongoDB from “neutral” to “outperform” and raised its price target to $325 (from $290), signaling analyst confidence in upside from current levels and providing a near-term supportive catalyst. Mizuho upgrade
• Positive Sentiment: Corporate leadership strengthening — MongoDB named Ryan Mac Ban as Chief Revenue Officer (effective April 27) to lead global sales, following the recent Chief Customer Officer hire. This is a constructive go‑to‑market move that could support revenue execution. CRO appointment
• Neutral Sentiment: Multiple short-interest reports flagged a “significant increase” in March but show 0 shares / NaN increases and 0.0 days-to-cover — this appears to be a data/reporting error rather than a real change in short positioning. Investors should treat these short-interest items cautiously and wait for corrected data before drawing conclusions.
• Neutral Sentiment: Industry context: a comparative piece looks at MongoDB vs. ServiceNow on AI exposure and upside potential — useful for longer-term positioning but not an immediate price mover. Zacks comparison
• Neutral Sentiment: Recent fundamentals: MongoDB beat March-quarter revenue and EPS estimates (revenue growth ~27%), but still shows negative net margin/ROE and analysts forecast negative EPS for the current fiscal year — a mixed fundamental backdrop that supports debate over valuation and near-term execution.
• Negative Sentiment: News-driven selling: an MSN article cites reasons for today’s decline (market reaction/concerns are summarized there). This negative coverage likely amplified intraday selling pressure. Why MDB is falling

About MongoDB

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.