Allspring Global Investments Holdings LLC Acquires 80,325 Shares of MongoDB, Inc. $MDB

Allspring Global Investments Holdings LLC grew its stake in MongoDB, Inc. (NASDAQ:MDB) by 884.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 89,405 shares of the company’s stock after purchasing an additional 80,325 shares during the quarter. Allspring Global Investments Holdings LLC owned about 0.11% of MongoDB worth $35,731,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in MDB. Vanguard Group Inc. grew its stake in shares of MongoDB by 5.0% during the third quarter. Vanguard Group Inc. now owns 8,985,697 shares of the company’s stock worth $2,788,981,000 after purchasing an additional 431,382 shares during the period. ValueAct Holdings L.P. raised its stake in MongoDB by 206.8% during the 3rd quarter. ValueAct Holdings L.P. now owns 2,118,200 shares of the company’s stock worth $657,447,000 after buying an additional 1,427,700 shares during the period. State Street Corp grew its stake in MongoDB by 3.7% in the third quarter. State Street Corp now owns 1,756,628 shares of the company’s stock valued at $545,222,000 after acquiring an additional 63,434 shares during the period. Amundi increased its holdings in shares of MongoDB by 61.3% in the third quarter. Amundi now owns 1,483,396 shares of the company’s stock worth $477,550,000 after acquiring an additional 563,995 shares in the last quarter. Finally, Jericho Capital Asset Management L.P. increased its holdings in shares of MongoDB by 162.1% in the third quarter. Jericho Capital Asset Management L.P. now owns 1,378,540 shares of the company’s stock worth $427,871,000 after acquiring an additional 852,540 shares in the last quarter. 89.29% of the stock is currently owned by institutional investors.

More MongoDB News

Here are the key news stories impacting MongoDB this week:

• Positive Sentiment: Unusually large call buying — traders purchased roughly 36,130 call options (~+2,077% vs. average), signaling aggressive bullish bets or directional hedging by speculators. Article Title
• Neutral Sentiment: Options flow is mixed — alongside the surge in calls, about 23,831 put options were also bought (~+2,157% vs. average), suggesting substantial two‑sided positioning and higher near-term volatility expectations.
• Negative Sentiment: Zacks downgraded MDB from “hold” to “strong sell,” a clear near‑term bearish catalyst that can increase selling pressure from investors tracking sell‑side signals. Article Title
• Negative Sentiment: Recent coverage highlights that MDB is down since its last earnings report (~-3.2%), keeping focus on whether revenue/guide trends justify the current multiple and raising caution among momentum investors. Article Title

Insider Transactions at MongoDB

In other MongoDB news, Director Dwight A. Merriman sold 1,190 shares of MongoDB stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $369.75, for a total value of $440,002.50. Following the completion of the transaction, the director directly owned 80,462 shares of the company’s stock, valued at $29,750,824.50. The trade was a 1.46% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold a total of 18,329 shares of company stock worth $7,465,668 over the last 90 days. Corporate insiders own 3.10% of the company’s stock.

MongoDB Stock Performance

Shares of NASDAQ:MDB opened at $253.12 on Friday. MongoDB, Inc. has a 52-week low of $140.78 and a 52-week high of $444.72. The company has a market capitalization of $20.34 billion, a P/E ratio of -287.64 and a beta of 1.60. The company has a 50-day simple moving average of $311.62 and a 200 day simple moving average of $347.06.

MongoDB (NASDAQ:MDB) last released 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. MongoDB had a negative net margin of 2.89% and a negative return on equity of 1.03%. The firm had revenue of $695.07 million during the quarter, compared to analysts’ expectations of $669.40 million. During the same period in the previous year, the business posted $1.28 earnings per share. The company’s revenue for the quarter was up 26.8% compared to the same quarter last year. As a group, equities analysts forecast that MongoDB, Inc. will post -1.78 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts have recently weighed in on MDB shares. Needham & Company LLC cut their price objective on MongoDB from $500.00 to $300.00 and set a “buy” rating on the stock in a report on Tuesday, March 3rd. Wells Fargo & Company dropped their target price on shares of MongoDB from $450.00 to $375.00 and set an “overweight” rating on the stock in a report on Tuesday, March 3rd. Sanford C. Bernstein downgraded shares of MongoDB from an “outperform” rating to a “market perform” rating in a research report on Tuesday, March 3rd. BMO Capital Markets restated an “outperform” rating and set a $340.00 price objective (down from $400.00) on shares of MongoDB in a report on Tuesday, March 3rd. Finally, Monness Crespi & Hardt cut their price objective on shares of MongoDB from $475.00 to $370.00 and set a “buy” rating on the stock in a research report on Tuesday, March 3rd. Twenty-seven equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $360.03.

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.