Caprock Group LLC Takes $1.18 Million Position in MongoDB, Inc. $MDB

Caprock Group LLC acquired a new position in MongoDB, Inc. (NASDAQ:MDB) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 3,751 shares of the company’s stock, valued at approximately $1,184,000.

Several other large investors have also recently modified their holdings of MDB. AQR Capital Management LLC raised its holdings in MongoDB by 2,567.2% in the second quarter. AQR Capital Management LLC now owns 1,111,647 shares of the company’s stock worth $233,435,000 after buying an additional 1,069,969 shares during the last quarter. Norges Bank bought a new stake in shares of MongoDB in the 2nd quarter worth $164,338,000. Vanguard Group Inc. lifted its holdings in shares of MongoDB by 9.5% during the second quarter. Vanguard Group Inc. now owns 8,554,315 shares of the company’s stock valued at $1,796,321,000 after purchasing an additional 744,547 shares in the last quarter. Voya Investment Management LLC boosted its position in shares of MongoDB by 503.1% during the third quarter. Voya Investment Management LLC now owns 716,779 shares of the company’s stock valued at $222,474,000 after buying an additional 597,937 shares during the last quarter. Finally, Acadian Asset Management LLC increased its holdings in MongoDB by 83.8% in the 2nd quarter. Acadian Asset Management LLC now owns 1,033,531 shares of the company’s stock worth $217,009,000 after buying an additional 471,341 shares in the last quarter. Hedge funds and other institutional investors own 89.29% of the company’s stock.

Insider Buying and Selling at MongoDB

In related news, Director Dwight A. Merriman sold 10,000 shares of MongoDB stock in a transaction dated 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 completion of the transaction, the director owned 1,041,316 shares in the company, valued at $435,093,064.28. The trade was a 0.95% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Roelof Botha sold 24,850 shares of the stock in a transaction that occurred on Friday, December 5th. The stock was sold at an average price of $405.85, for a total value of $10,085,372.50. Following the transaction, the director owned 194,600 shares in the company, valued at $78,978,410. This represents a 11.32% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 62,353 shares of company stock valued at $25,440,798. Corporate insiders own 3.10% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the stock. Scotiabank lifted their target price on shares of MongoDB from $320.00 to $415.00 and gave the stock a “sector perform” rating in a research report on Tuesday, December 2nd. Barclays upped their price target on shares of MongoDB from $415.00 to $480.00 and gave the company an “overweight” rating in a research report on Monday, January 12th. Wedbush raised their price objective on shares of MongoDB from $400.00 to $440.00 and gave the stock an “outperform” rating in a report on Tuesday, December 2nd. Weiss Ratings restated a “sell (d-)” rating on shares of MongoDB in a research report on Monday, December 29th. Finally, Bank of America increased their price target on shares of MongoDB from $440.00 to $480.00 and gave the stock a “buy” rating in a research report on Tuesday, December 2nd. Two research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $422.29.

MongoDB Stock Up 3.3%

Shares of MDB stock opened at $368.40 on Friday. The stock has a market cap of $29.98 billion, a PE ratio of -423.45 and a beta of 1.38. MongoDB, Inc. has a 52-week low of $140.78 and a 52-week high of $444.72. The business has a 50-day simple moving average of $401.94 and a 200-day simple moving average of $341.91.

MongoDB (NASDAQ:MDB) last announced its quarterly earnings results on Monday, December 1st. The company reported $1.32 earnings per share 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 company had revenue of $628.31 million during the quarter, compared to analysts’ expectations of $592.98 million. During the same period last year, the business earned $1.16 earnings per share. MongoDB’s quarterly revenue 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. Sell-side analysts anticipate that MongoDB, Inc. 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.