Knuff & Co LLC Takes $4.83 Million Position in MongoDB, Inc. $MDB

Knuff & Co LLC acquired a new position in MongoDB, Inc. (NASDAQ:MDB) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 14,365 shares of the company’s stock, valued at approximately $4,825,000. MongoDB comprises approximately 1.2% of Knuff & Co LLC’s portfolio, making the stock its 21st largest position.

Other institutional investors and hedge funds have also bought and sold shares of the company. Cornerstone Planning Group LLC boosted its holdings in MongoDB by 1,220.0% in the 4th quarter. Cornerstone Planning Group LLC now owns 66 shares of the company’s stock valued at $27,000 after purchasing an additional 61 shares during the period. International Assets Investment Management LLC bought a new position in shares of MongoDB during the 4th quarter worth about $33,000. Cassaday & Co Wealth Management LLC acquired a new position in shares of MongoDB during the first quarter valued at about $34,000. CX Institutional lifted its stake in shares of MongoDB by 94.3% in the second quarter. CX Institutional now owns 103 shares of the company’s stock valued at $35,000 after buying an additional 50 shares during the period. Finally, Root Financial Partners LLC lifted its stake in shares of MongoDB by 58.2% in the fourth quarter. Root Financial Partners LLC now owns 87 shares of the company’s stock valued at $37,000 after buying an additional 32 shares during the period. Institutional investors own 89.29% of the company’s stock.

MongoDB Price Performance

Shares of MDB opened at $440.53 on Thursday. The business’s 50 day simple moving average is $353.93 and its 200-day simple moving average is $317.75. MongoDB, Inc. has a one year low of $206.92 and a one year high of $473.10. The company has a market capitalization of $35.43 billion, a P/E ratio of -1,190.62, a PEG ratio of 3,087.46 and a beta of 1.55.

MongoDB (NASDAQ:MDB) last issued its quarterly earnings data on Thursday, May 28th. The company reported $1.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.19 by $0.13. The firm had revenue of $687.62 million during the quarter, compared to the consensus estimate of $664.53 million. MongoDB had a negative return on equity of 1.39% and a negative net margin of 1.12%.The business’s revenue for the quarter was up 25.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.00 EPS. MongoDB has set its FY 2027 guidance at 5.950-6.140 EPS and its Q2 2027 guidance at 1.580-1.610 EPS. On average, sell-side analysts anticipate that MongoDB, Inc. will post 0.01 EPS for the current fiscal year.

Key Stories Impacting MongoDB

Here are the key news stories impacting MongoDB this week:

• Positive Sentiment: Citizens JMP raised its price target on MongoDB from $366 to $519 and assigned a “Market Outperform” rating. The new target implies approximately 17.8% upside from the referenced share price, providing a significant bullish signal for investors. Benzinga
• Positive Sentiment: Guggenheim also expressed a bullish view and raised its price target, with analyst Howard Ma citing substantial potential upside. The move adds to a cluster of favorable analyst calls, including recent target increases from Citigroup and Oppenheimer. Guggenheim raises MongoDB price target
• Positive Sentiment: MongoDB’s latest reported quarter showed 25.2% year-over-year revenue growth, revenue above consensus, and adjusted earnings of $1.32 per share versus the $1.19 estimate. The company’s fiscal 2027 earnings guidance also supports the growth narrative behind the higher price targets.
• Neutral Sentiment: Analyst sentiment remains broadly favorable, with a consensus rating of “Moderate Buy.” However, the average price target of $418.26 is below the referenced share price, suggesting that some analysts view much of the expected improvement as already reflected in the stock.
• Negative Sentiment: Director Dwight Merriman sold 6,000 shares for approximately $2.7 million after previously selling 10,000 shares. Both transactions were executed under a pre-arranged Rule 10b5-1 plan, and he still retains a substantial stake, which reduces—but does not eliminate—the negative signal from insider selling. MongoDB insider trading report
• Negative Sentiment: Some market commentary cautions that investors are assigning an AI premium to MongoDB without the company quantifying the contribution. That creates execution and valuation risk, particularly with the stock trading near its 52-week high and at demanding valuation multiples.

Insider Buying and Selling

In related news, Director Roelof Botha sold 44,050 shares of MongoDB stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $398.07, for a total value of $17,534,983.50. Following the completion of the transaction, the director directly owned 150,550 shares of the company’s stock, valued at $59,929,438.50. The trade was a 22.64% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Dwight A. Merriman sold 6,000 shares of the company’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $451.75, for a total transaction of $2,710,500.00. Following the transaction, the director owned 452,896 shares in the company, valued at approximately $204,595,768. This trade represents a 1.31% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 125,746 shares of company stock valued at $49,310,038 in the last 90 days. 2.60% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the stock. Wedbush increased their price objective on shares of MongoDB from $380.00 to $390.00 and gave the company an “outperform” rating in a research note on Friday, May 29th. Monness Crespi & Hardt lifted their target price on shares of MongoDB from $370.00 to $415.00 and gave the company a “buy” rating in a research report on Friday, May 29th. Needham & Company LLC upped their target price on shares of MongoDB from $400.00 to $430.00 and gave the company a “buy” rating in a research note on Friday, July 10th. Barclays increased their price target on shares of MongoDB from $370.00 to $387.00 and gave the stock an “overweight” rating in a research report on Friday, May 29th. Finally, Mizuho upped their price objective on MongoDB from $325.00 to $400.00 and gave the company an “outperform” rating in a research note on Friday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, MongoDB currently has a consensus rating of “Moderate Buy” and a consensus target price of $427.48.

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.