FNY Investment Advisers LLC Buys Shares of 935 MongoDB, Inc. $MDB

FNY Investment Advisers LLC bought a new stake in MongoDB, Inc. (NASDAQ:MDB) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 935 shares of the company’s stock, valued at approximately $196,000.

Other institutional investors also recently bought and sold shares of the company. Parallel Advisors LLC lifted its holdings in MongoDB by 20.0% in the second quarter. Parallel Advisors LLC now owns 1,494 shares of the company’s stock valued at $314,000 after acquiring an additional 249 shares during the period. Cambridge Investment Research Advisors Inc. raised its stake in shares of MongoDB by 4.0% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 7,748 shares of the company’s stock worth $1,359,000 after buying an additional 298 shares during the period. Acadian Asset Management LLC raised its stake in shares of MongoDB by 181.8% in the first quarter. Acadian Asset Management LLC now owns 562,190 shares of the company’s stock worth $98,586,000 after buying an additional 362,705 shares during the period. Red Spruce Capital LLC raised its stake in shares of MongoDB by 11.8% in the second quarter. Red Spruce Capital LLC now owns 13,533 shares of the company’s stock worth $2,842,000 after buying an additional 1,426 shares during the period. Finally, Jones Financial Companies Lllp raised its stake in shares of MongoDB by 875.2% in the first quarter. Jones Financial Companies Lllp now owns 9,947 shares of the company’s stock worth $1,745,000 after buying an additional 8,927 shares during the period. Institutional investors own 89.29% of the company’s stock.

Wall Street Analysts Forecast Growth

MDB has been the topic of several recent research reports. Wall Street Zen downgraded MongoDB from a “buy” rating to a “hold” rating in a research note on Saturday, October 18th. William Blair reaffirmed an “outperform” rating on shares of MongoDB in a research note on Thursday, June 26th. Scotiabank raised their price objective on MongoDB from $280.00 to $320.00 and gave the stock a “sector perform” rating in a research note on Friday, September 19th. Robert W. Baird raised their price objective on MongoDB from $260.00 to $335.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 27th. Finally, Morgan Stanley raised their price objective on MongoDB from $255.00 to $325.00 and gave the stock an “overweight” rating in a research note on Thursday, August 28th. Two analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, MongoDB presently has an average rating of “Moderate Buy” and an average target price of $342.69.

MongoDB Trading Down 0.2%

NASDAQ:MDB opened at $325.10 on Thursday. MongoDB, Inc. has a 12-month low of $140.78 and a 12-month high of $370.00. The stock has a 50-day moving average price of $301.98 and a 200 day moving average price of $232.92. The stock has a market capitalization of $26.45 billion, a P/E ratio of -331.73 and a beta of 1.50.

MongoDB (NASDAQ:MDB) last released its earnings results on Tuesday, August 26th. The company reported ($0.38) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.66 by ($1.04). MongoDB had a negative return on equity of 1.67% and a negative net margin of 3.54%.The business had revenue of $591.40 million for the quarter, compared to analysts’ expectations of $553.23 million. During the same quarter in the prior year, the business posted $0.70 EPS. The business’s revenue for the quarter was up 23.7% compared to the same quarter last year. MongoDB has set its FY 2026 guidance at 3.640-3.730 EPS. Q3 2026 guidance at 0.760-0.790 EPS. On average, research analysts predict that MongoDB, Inc. will post -1.78 earnings per share for the current fiscal year.

Insider Buying and Selling at MongoDB

In other MongoDB news, Director Peter Thomas Killalea sold 20,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 23rd. The stock was sold at an average price of $321.87, for a total transaction of $6,437,400.00. Following the completion of the transaction, the director owned 32,293 shares in the company, valued at $10,394,147.91. This trade represents a 38.25% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Hope F. Cochran sold 1,174 shares of the firm’s stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $327.93, for a total value of $384,989.82. Following the transaction, the director owned 24,308 shares of the company’s stock, valued at $7,971,322.44. This represents a 4.61% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 112,828 shares of company stock worth $34,727,846 over the last three months. 3.10% of the stock is owned by company insiders.

About MongoDB

MongoDB, Inc, together with its subsidiaries, provides general purpose database platform worldwide. The company provides MongoDB Atlas, a hosted multi-cloud database-as-a-service solution; MongoDB Enterprise Advanced, a commercial database server for enterprise customers to run in the cloud, on-premises, or in a hybrid environment; and Community Server, a free-to-download version of its database, which includes the functionality that developers need to get started with MongoDB.