Krane Funds Advisors LLC boosted its holdings in shares of MongoDB, Inc. (NASDAQ:MDB – Free Report) by 154.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,664 shares of the company’s stock after purchasing an additional 2,834 shares during the quarter. Krane Funds Advisors LLC’s holdings in MongoDB were worth $1,479,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also made changes to their positions in the company. TD Private Client Wealth LLC increased its holdings in shares of MongoDB by 2,825.0% in the 3rd quarter. TD Private Client Wealth LLC now owns 117 shares of the company’s stock worth $36,000 after buying an additional 113 shares during the last quarter. Hollencrest Capital Management purchased a new position in MongoDB in the third quarter worth about $37,000. Westside Investment Management Inc. grew its position in MongoDB by 82.1% in the third quarter. Westside Investment Management Inc. now owns 122 shares of the company’s stock worth $39,000 after acquiring an additional 55 shares in the last quarter. Parkside Financial Bank & Trust increased its stake in MongoDB by 85.5% during the third quarter. Parkside Financial Bank & Trust now owns 141 shares of the company’s stock worth $44,000 after acquiring an additional 65 shares during the last quarter. Finally, Rossby Financial LCC increased its stake in MongoDB by 120.8% during the third quarter. Rossby Financial LCC now owns 159 shares of the company’s stock worth $51,000 after acquiring an additional 87 shares during the last quarter. 89.29% of the stock is owned by hedge funds and other institutional investors.
Trending Headlines about MongoDB
Here are the key news stories impacting MongoDB this week:
- Positive Sentiment: RBC Capital reiterated an Outperform rating and a $500 price target, calling MongoDB (MDB) a leading GenAI database play ahead of its quarterly results — a bullish signal for growth expectations. MongoDB, Inc. (MDB) Seen as GenAI Database Leader Ahead of Earnings, RBC Reiterates Outperform
- Positive Sentiment: Consensus of brokerages is a “Moderate Buy” on MongoDB (MDB), supporting the view that analysts expect continued revenue and product traction. MongoDB, Inc. (NASDAQ:MDB) Given Consensus Recommendation of “Moderate Buy” by Brokerages
- Neutral Sentiment: Analysts and previews expect earnings growth heading into the quarter, setting up the potential for an earnings beat — this upcoming report is now a key near-term catalyst. MongoDB (MDB) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release
- Neutral Sentiment: MongoDB is scheduled to release its quarterly earnings on Monday, making guidance and ADU/ARR metrics the immediate focus for investors. MongoDB (MDB) to Release Quarterly Earnings on Monday
- Neutral Sentiment: Commentary pieces are suggesting investors reassess valuation after the recent pullback, highlighting longer-term AI/cloud positioning versus near-term volatility. Is It Time To Reassess MongoDB (MDB) After Recent Share Price Pullback?
- Negative Sentiment: Macro news: the White House plan to raise global tariffs to 15% sparked a selloff in high-growth tech names, which hit MongoDB (MDB) hard and is the main driver of today’s decline. Why MongoDB (MDB) Stock Is Nosediving
- Negative Sentiment: Market reports note the stock settled materially lower on the latest trading day, reflecting reactive selling ahead of earnings and broader macro concerns. MongoDB (MDB) Declines More Than Market: Some Information for Investors
Insider Transactions at MongoDB
Analyst Upgrades and Downgrades
Several equities research analysts have recently issued reports on the company. Needham & Company LLC reaffirmed a “buy” rating and issued a $500.00 price objective on shares of MongoDB in a research note on Tuesday, January 20th. UBS Group increased their price target on MongoDB from $330.00 to $440.00 and gave the company a “neutral” rating in a report on Tuesday, December 2nd. Scotiabank raised their price target on MongoDB from $320.00 to $415.00 and gave the stock a “sector perform” rating in a research report on Tuesday, December 2nd. Zacks Research raised shares of MongoDB from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, December 3rd. Finally, Argus boosted their price objective on shares of MongoDB from $340.00 to $488.00 and gave the company a “buy” rating in a research report on Thursday, December 4th. Two analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $422.97.
Check Out Our Latest Stock Analysis on MongoDB
MongoDB Price Performance
Shares of MDB stock opened at $305.37 on Tuesday. The company has a market capitalization of $24.85 billion, a P/E ratio of -351.00 and a beta of 1.38. The company’s 50-day simple moving average is $393.46 and its two-hundred day simple moving average is $347.63. MongoDB, Inc. has a one year low of $140.78 and a one year high of $444.72.
MongoDB (NASDAQ:MDB – Get Free Report) last announced its quarterly earnings results on Monday, December 1st. The company reported $1.32 earnings per share (EPS) 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 firm had revenue of $628.31 million during the quarter, compared to analyst estimates of $592.98 million. During the same quarter in the previous year, the business earned $1.16 earnings per share. MongoDB’s quarterly 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. On average, research analysts expect that MongoDB, Inc. will post -1.78 EPS for the current fiscal year.
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.
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