Union Bancaire Privee UBP SA Purchases 6,376 Shares of MongoDB, Inc. $MDB

Union Bancaire Privee UBP SA raised its position in shares of MongoDB, Inc. (NASDAQ:MDB) by 14.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,380 shares of the company’s stock after acquiring an additional 6,376 shares during the period. Union Bancaire Privee UBP SA’s holdings in MongoDB were worth $14,262,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. GAMMA Investing LLC increased its position in MongoDB by 46.2% in the third quarter. GAMMA Investing LLC now owns 171 shares of the company’s stock worth $53,000 after purchasing an additional 54 shares during the last quarter. Main Management ETF Advisors LLC grew its stake in shares of MongoDB by 1.7% in the 2nd quarter. Main Management ETF Advisors LLC now owns 3,665 shares of the company’s stock worth $770,000 after buying an additional 60 shares in the last quarter. Carnegie Investment Counsel increased its holdings in shares of MongoDB by 3.6% in the 2nd quarter. Carnegie Investment Counsel now owns 1,803 shares of the company’s stock worth $379,000 after buying an additional 62 shares during the last quarter. New York Life Investment Management LLC raised its position in shares of MongoDB by 6.2% during the 2nd quarter. New York Life Investment Management LLC now owns 1,236 shares of the company’s stock valued at $260,000 after buying an additional 72 shares in the last quarter. Finally, Farther Finance Advisors LLC lifted its holdings in shares of MongoDB by 6.8% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,327 shares of the company’s stock valued at $279,000 after acquiring an additional 85 shares during the last quarter. 89.29% of the stock is currently owned by institutional investors.

Insider Activity

In other MongoDB news, Director Peter Thomas Killalea sold 20,000 shares of MongoDB stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $321.87, for a total value of $6,437,400.00. Following the transaction, the director directly owned 32,293 shares of the company’s stock, valued at approximately $10,394,147.91. The trade was a 38.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Roelof Botha sold 24,850 shares of the stock in a transaction on Friday, December 5th. The shares were sold at an average price of $405.85, for a total value of $10,085,372.50. Following the sale, the director owned 194,600 shares of the company’s stock, valued at approximately $78,978,410. This represents a 11.32% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 118,403 shares of company stock worth $41,054,275. Corporate insiders own 3.10% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on MDB shares. Wolfe Research upped their price objective on MongoDB from $280.00 to $350.00 and gave the company an “outperform” rating in a research report on Wednesday, August 27th. Oppenheimer increased their price target on MongoDB from $385.00 to $450.00 and gave the company an “outperform” rating in a report on Tuesday, December 2nd. Wall Street Zen raised shares of MongoDB from a “hold” rating to a “buy” rating in a research note on Saturday, December 6th. Piper Sandler reissued an “overweight” rating and issued a $490.00 target price (up previously from $400.00) on shares of MongoDB in a research note on Tuesday, December 2nd. Finally, Argus lifted their price target on shares of MongoDB from $340.00 to $488.00 and gave the stock a “buy” rating in a research note on Thursday, December 4th. Two research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, MongoDB has an average rating of “Moderate Buy” and an average price target of $415.39.

MongoDB Stock Performance

Shares of NASDAQ:MDB opened at $421.50 on Wednesday. The firm’s 50 day simple moving average is $354.44 and its 200-day simple moving average is $286.38. MongoDB, Inc. has a one year low of $140.78 and a one year high of $432.55. The firm has a market cap of $34.31 billion, a PE ratio of -484.48 and a beta of 1.45.

MongoDB (NASDAQ:MDB) last issued its earnings results on Monday, December 1st. The company reported $1.32 earnings per share for the quarter, beating analysts’ consensus estimates 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 business had revenue of $628.31 million during the quarter, compared to analyst estimates of $592.98 million. During the same period in the previous year, the company posted $1.16 EPS. MongoDB’s 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. Equities research analysts predict that MongoDB, Inc. will post -1.78 EPS for the current fiscal year.

MongoDB Company Profile

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.