Y Intercept Hong Kong Ltd Raises Holdings in MongoDB, Inc. $MDB

Y Intercept Hong Kong Ltd lifted its position in shares of MongoDB, Inc. (NASDAQ:MDB) by 75.8% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 14,249 shares of the company’s stock after acquiring an additional 6,144 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in MongoDB were worth $4,423,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. GAMMA Investing LLC boosted its position in MongoDB by 46.2% during 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 period. WPG Advisers LLC boosted its holdings in MongoDB by 53.7% in the 3rd quarter. WPG Advisers LLC now owns 166 shares of the company’s stock worth $52,000 after buying an additional 58 shares during the period. Main Management ETF Advisors LLC boosted its holdings in 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 during the period. Versant Capital Management Inc grew its stake in MongoDB by 4.6% in the 3rd quarter. Versant Capital Management Inc now owns 1,377 shares of the company’s stock valued at $427,000 after buying an additional 61 shares in the last quarter. Finally, Carnegie Investment Counsel raised its holdings in MongoDB by 3.6% during the 2nd quarter. Carnegie Investment Counsel now owns 1,803 shares of the company’s stock valued at $379,000 after acquiring an additional 62 shares during the period. 89.29% of the stock is currently owned by institutional investors.

MongoDB Price Performance

NASDAQ:MDB opened at $398.69 on Monday. The company has a market capitalization of $32.45 billion, a price-to-earnings ratio of -458.26 and a beta of 1.38. The business has a 50 day moving average of $396.41 and a 200 day moving average of $327.25. MongoDB, Inc. has a 1-year low of $140.78 and a 1-year high of $444.72.

MongoDB (NASDAQ:MDB) last issued its quarterly earnings results on Monday, December 1st. The company reported $1.32 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.53. The business had revenue of $628.31 million for the quarter, compared to analysts’ expectations of $592.98 million. MongoDB had a negative net margin of 3.06% and a negative return on equity of 1.12%. The business’s quarterly revenue was up 18.7% on a year-over-year basis. During the same period last year, the business earned $1.16 earnings per share. MongoDB has set its Q4 2026 guidance at 1.440-1.480 EPS and its FY 2026 guidance at 4.760-4.800 EPS. As a group, sell-side analysts anticipate that MongoDB, Inc. will post -1.78 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. KeyCorp restated a “sector weight” rating on shares of MongoDB in a research report on Tuesday, December 2nd. Canaccord Genuity Group lifted their price objective on MongoDB from $375.00 to $455.00 and gave the company a “buy” rating in a research note on Tuesday, December 2nd. Raymond James Financial assumed coverage on MongoDB in a research note on Monday, December 15th. They issued a “market perform” rating on the stock. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $475.00 price target on shares of MongoDB in a report on Monday, January 5th. Finally, Monness Crespi & Hardt lifted their price target on MongoDB from $360.00 to $475.00 and gave the company a “buy” rating in a research report on Tuesday, December 2nd. Two 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 given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $422.29.

Insider Buying and Selling

In other news, Director Roelof Botha sold 24,850 shares of the firm’s stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $405.85, for a total transaction of $10,085,372.50. Following the transaction, the director directly owned 194,600 shares of the company’s stock, valued at approximately $78,978,410. This trade represents a 11.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Hope F. Cochran sold 1,566 shares of MongoDB stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $421.85, for a total value of $660,617.10. Following the completion of the transaction, the director owned 25,659 shares in the company, valued at approximately $10,824,249.15. This represents a 5.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 78,162 shares of company stock worth $31,004,092 in the last 90 days. 3.10% of the stock is owned by company insiders.

About MongoDB

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.