MongoDB, Inc. $MDB Shares Sold by Vontobel Holding Ltd.

Vontobel Holding Ltd. lowered its position in shares of MongoDB, Inc. (NASDAQ:MDB) by 42.4% in the third quarter, Holdings Channel reports. The firm owned 4,232 shares of the company’s stock after selling 3,113 shares during the period. Vontobel Holding Ltd.’s holdings in MongoDB were worth $1,314,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of MDB. Montag A & Associates Inc. lifted its position in MongoDB by 144.3% during the second quarter. Montag A & Associates Inc. now owns 171 shares of the company’s stock valued at $36,000 after buying an additional 101 shares in the last quarter. Promus Capital LLC purchased a new stake in MongoDB during the 2nd quarter worth $36,000. True Wealth Design LLC boosted its position in MongoDB by 1,193.8% during the 2nd quarter. True Wealth Design LLC now owns 207 shares of the company’s stock worth $43,000 after purchasing an additional 191 shares during the period. Geneos Wealth Management Inc. increased its holdings in MongoDB by 79.7% in the 2nd quarter. Geneos Wealth Management Inc. now owns 221 shares of the company’s stock valued at $46,000 after purchasing an additional 98 shares in the last quarter. Finally, GAMMA Investing LLC raised its position in MongoDB by 46.2% in the third quarter. GAMMA Investing LLC now owns 171 shares of the company’s stock valued at $53,000 after purchasing an additional 54 shares during the period. Hedge funds and other institutional investors own 89.29% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on MDB. Robert W. Baird upped their target price on MongoDB from $335.00 to $500.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 2nd. Piper Sandler restated an “overweight” rating and issued a $490.00 price target (up previously from $400.00) on shares of MongoDB in a report on Tuesday, December 2nd. Stifel Nicolaus lifted their price objective on shares of MongoDB from $375.00 to $450.00 and gave the company a “buy” rating in a research note on Tuesday, December 2nd. Sanford C. Bernstein boosted their target price on shares of MongoDB from $338.00 to $452.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 2nd. Finally, Guggenheim raised their price target on shares of MongoDB from $400.00 to $450.00 and gave the company a “buy” rating in a report on Tuesday, December 2nd. Two research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, MongoDB presently has an average rating of “Moderate Buy” and a consensus target price of $414.97.

MongoDB Trading Up 0.1%

MDB stock opened at $435.85 on Friday. The company has a market capitalization of $35.47 billion, a P/E ratio of -500.98 and a beta of 1.45. The firm has a 50 day simple moving average of $372.33 and a 200-day simple moving average of $298.28. MongoDB, Inc. has a twelve month low of $140.78 and a twelve month high of $440.67.

MongoDB (NASDAQ:MDB) last announced its quarterly earnings data on Monday, December 1st. The company reported $1.32 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.53. The company had revenue of $628.31 million during the quarter, compared to analyst estimates of $592.98 million. MongoDB had a negative net margin of 3.06% and a negative return on equity of 1.12%. The firm’s revenue for the quarter was up 18.7% compared to the same quarter last year. During the same period last year, the business earned $1.16 EPS. MongoDB has set its Q4 2026 guidance at 1.440-1.480 EPS and its FY 2026 guidance at 4.760-4.800 EPS. On average, research analysts predict that MongoDB, Inc. will post -1.78 EPS for the current year.

Insider Buying and Selling

In related news, Director Roelof Botha sold 24,850 shares of the business’s stock in a transaction dated 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 completion of the sale, the director directly owned 194,600 shares of the company’s stock, valued at $78,978,410. The trade was a 11.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Hope F. Cochran sold 1,566 shares of the company’s stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $421.85, for a total value of $660,617.10. Following the sale, the director owned 25,659 shares in the company, valued at $10,824,249.15. The trade was a 5.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 79,969 shares of company stock worth $29,937,272. Corporate insiders own 3.10% of the company’s stock.

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.