Charles Hazard, Jr. Sells 833 Shares of MongoDB (NASDAQ:MDB) Stock

Key Points

  • Director Charles Hazard, Jr. sold 833 shares on Dec. 1 at an average price of $326.13 for about $271,666, trimming his holding to 44,867 shares (a 1.82% decrease), per an SEC filing.
  • MongoDB posted a blowout quarter, reporting EPS of $1.32 vs. $0.79 expected and revenue of $628.3M (up 18.7% YoY), and set Q4 FY2026 guidance of 1.44–1.48 EPS and FY2026 guidance of 4.76–4.80 EPS.
  • Wall Street sentiment is largely positive with a consensus rating of "Moderate Buy" and an average price target of $412.25 after several firms raised targets, while institutional ownership is high (~89%) with big inflows from ValueAct, AQR and others.

MongoDB, Inc. (NASDAQ:MDB - Get Free Report) Director Charles Hazard, Jr. sold 833 shares of the business's stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $326.13, for a total value of $271,666.29. Following the completion of the sale, the director directly owned 44,867 shares of the company's stock, valued at approximately $14,632,474.71. This trade represents a 1.82% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

MongoDB Stock Performance

Shares of MDB stock opened at $405.94 on Thursday. The company has a market capitalization of $33.03 billion, a P/E ratio of -466.60 and a beta of 1.45. MongoDB, Inc. has a fifty-two week low of $140.78 and a fifty-two week high of $419.50. The stock has a 50 day moving average price of $336.98 and a two-hundred day moving average price of $271.32.

MongoDB (NASDAQ:MDB - Get Free Report) last posted 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 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 1.11%. The firm's revenue was up 18.7% compared to the same quarter last year. During the same period in the prior year, the business posted $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. As a group, equities analysts predict that MongoDB, Inc. will post -1.78 earnings per share for the current year.

Wall Street Analysts Forecast Growth




A number of research analysts recently issued reports on the company. Truist Financial boosted their price target on MongoDB from $400.00 to $450.00 and gave the company a "buy" rating in a report on Tuesday. Citizens Jmp upped their target price on MongoDB from $435.00 to $475.00 and gave the company a "market outperform" rating in a report on Tuesday. Weiss Ratings reiterated a "sell (d-)" rating on shares of MongoDB in a report on Monday. Robert W. Baird boosted their price objective on shares of MongoDB from $335.00 to $500.00 and gave the company an "outperform" rating in a research report on Tuesday. Finally, JMP Securities upped their price objective on shares of MongoDB from $345.00 to $375.00 and gave the stock a "market outperform" rating in a report on Friday, September 19th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $412.25.

Read Our Latest Research Report on MDB

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. ValueAct Holdings L.P. boosted its stake in MongoDB by 206.8% during the third quarter. ValueAct Holdings L.P. now owns 2,118,200 shares of the company's stock worth $657,447,000 after acquiring an additional 1,427,700 shares in the last quarter. AQR Capital Management LLC increased its stake in shares of MongoDB by 2,567.2% during the second quarter. AQR Capital Management LLC now owns 1,111,647 shares of the company's stock valued at $233,435,000 after purchasing an additional 1,069,969 shares in the last quarter. Jericho Capital Asset Management L.P. purchased a new position in shares of MongoDB during the first quarter valued at approximately $161,543,000. Norges Bank bought a new stake in shares of MongoDB in the 2nd quarter worth approximately $164,338,000. Finally, Primecap Management Co. CA grew its stake in shares of MongoDB by 863.5% in the 1st quarter. Primecap Management Co. CA now owns 870,550 shares of the company's stock worth $152,694,000 after buying an additional 780,200 shares during the last quarter. 89.29% of the stock is currently owned by institutional investors.

MongoDB Company Profile

(Get Free Report)

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.

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