Cwm LLC Boosts Holdings in MongoDB, Inc. $MDB

Cwm LLC grew its holdings in shares of MongoDB, Inc. (NASDAQ:MDB) by 15.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 21,986 shares of the company’s stock after acquiring an additional 3,009 shares during the quarter. Cwm LLC’s holdings in MongoDB were worth $9,227,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Central Pacific Bank Trust Division purchased a new position in shares of MongoDB during the fourth quarter worth approximately $28,000. Global Trust Asset Management LLC purchased a new position in shares of MongoDB during the fourth quarter worth approximately $38,000. Huntington National Bank raised its stake in shares of MongoDB by 110.9% during the third quarter. Huntington National Bank now owns 97 shares of the company’s stock worth $30,000 after acquiring an additional 51 shares in the last quarter. Grove Bank & Trust grew 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 worth $42,000 after purchasing an additional 45 shares during the last quarter. Finally, TD Private Client Wealth LLC increased its stake in shares of MongoDB by 2,825.0% in the third quarter. TD Private Client Wealth LLC now owns 117 shares of the company’s stock worth $36,000 after buying an additional 113 shares during the period. 89.29% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at MongoDB

In other news, Director Hope F. Cochran sold 1,566 shares of the business’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $249.33, for a total transaction of $390,450.78. Following the sale, the director owned 24,093 shares in the company, valued at approximately $6,007,107.69. The trade was a 6.10% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Dwight A. Merriman sold 4,000 shares of the business’s stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $252.33, for a total transaction of $1,009,320.00. Following the sale, the director owned 476,896 shares in the company, valued at approximately $120,335,167.68. This trade represents a 0.83% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 14,756 shares of company stock worth $3,734,893. 3.10% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research analysts recently commented on the stock. Piper Sandler decreased their target price on shares of MongoDB from $490.00 to $330.00 and set an “overweight” rating on the stock in a research note on Tuesday, March 3rd. Zacks Research downgraded shares of MongoDB from a “hold” rating to a “strong sell” rating in a research note on Tuesday, March 31st. Wells Fargo & Company decreased their target price on shares of MongoDB from $450.00 to $375.00 and set an “overweight” rating on the stock in a research note on Tuesday, March 3rd. Bank of America reaffirmed a “buy” rating on shares of MongoDB in a research note on Tuesday, March 3rd. Finally, Monness Crespi & Hardt decreased their target price on shares of MongoDB from $475.00 to $370.00 and set a “buy” rating on the stock in a research note on Tuesday, March 3rd. Twenty-seven investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $366.16.

MongoDB Price Performance

NASDAQ:MDB opened at $263.38 on Monday. The stock has a market cap of $21.17 billion, a P/E ratio of -299.30 and a beta of 1.60. The firm’s fifty day simple moving average is $283.43 and its 200 day simple moving average is $341.66. MongoDB, Inc. has a twelve month low of $148.88 and a twelve month high of $444.72.

MongoDB (NASDAQ:MDB) last released its quarterly earnings results on Monday, March 2nd. The company reported $1.65 earnings per share for the quarter, beating the consensus estimate of $1.47 by $0.18. The business had revenue of $695.07 million for the quarter, compared to analysts’ expectations 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 for the quarter was up 26.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.28 earnings per share. On average, analysts expect that MongoDB, Inc. will post -1.78 EPS for the current fiscal year.

MongoDB News Summary

Here are the key news stories impacting MongoDB this week:

• Positive Sentiment: Guggenheim reiterated a “Buy” rating on MDB, reinforcing analyst-level bullishness that can support demand for the shares. Read More.
• Positive Sentiment: Unusually large call-option buying: traders acquired roughly 36,130 call contracts (≈+2,077% vs. normal), a strong short-term bullish signal that can drive delta-hedging and upward stock-pressure.
• Neutral Sentiment: Momentum coverage and positive headlines note MDB has outpaced the market in recent sessions, which can attract momentum traders but may also invite profit‑taking. Read More.
• Neutral Sentiment: Director Dwight Merriman sold 4,000 shares at ~$252.33 (and previously sold 8,000 at ~$236.89); both trades were executed under a pre-arranged Rule 10b5‑1 plan, which mutes but does not eliminate investor scrutiny. Read More.
• Negative Sentiment: Large put-option buying: traders bought about 23,831 put contracts (≈+2,157% vs. normal), signaling elevated hedging or bearish/speculative positions that could add downside pressure or volatility if sentiment flips.

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.