Key Points
- Director Dwight Merriman sold 4,000 shares on Dec. 2 at an average price of $410 for $1,640,000, trimming his stake by 0.38% but still owning 1,051,316 shares valued at roughly $431,039,560.
- Strong quarterly results: MongoDB posted EPS of $1.32 vs. $0.79 expected and revenue of $628.31M (+18.7% YoY), and provided Q4 2026 guidance of $1.44–$1.48 EPS and FY 2026 guidance of $4.76–$4.80 EPS.
- Positive analyst and institutional backdrop: Institutional investors hold about 89.29% of shares, several brokers raised price targets (e.g., Needham to $480, Bernstein to $452), and the MarketBeat consensus is a "Moderate Buy" with an average target of $415.39.
MongoDB, Inc. (NASDAQ:MDB - Get Free Report) Director Dwight Merriman sold 4,000 shares of the stock in a transaction that occurred on Tuesday, December 2nd. The stock was sold at an average price of $410.00, for a total value of $1,640,000.00. Following the transaction, the director directly owned 1,051,316 shares in the company, valued at approximately $431,039,560. This represents a 0.38% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
MongoDB Trading Down 0.3%
MDB stock opened at $395.71 on Friday. The stock's 50 day simple moving average is $338.61 and its 200 day simple moving average is $272.19. MongoDB, Inc. has a 12-month low of $140.78 and a 12-month high of $419.50. The firm has a market cap of $32.20 billion, a P/E ratio of -455.50 and a beta of 1.45.
MongoDB (NASDAQ:MDB - Get Free Report) last issued its earnings results on Monday, December 1st. The company reported $1.32 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.79 by $0.53. MongoDB had a negative net margin of 3.06% and a negative return on equity of 1.12%. The firm had revenue of $628.31 million for the quarter, compared to analysts' expectations of $592.98 million. MongoDB's revenue was up 18.7% on a year-over-year basis. During the same quarter last year, the company posted $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. On average, research analysts forecast that MongoDB, Inc. will post -1.78 EPS for the current fiscal year.
Institutional Trading of MongoDB
Several institutional investors and hedge funds have recently bought and sold shares of MDB. Huntington National Bank boosted its holdings in shares of MongoDB by 110.9% in the third quarter. Huntington National Bank now owns 97 shares of the company's stock worth $30,000 after buying an additional 51 shares during the period. Montag A & Associates Inc. boosted its stake in MongoDB by 144.3% in the 2nd quarter. Montag A & Associates Inc. now owns 171 shares of the company's stock worth $36,000 after purchasing an additional 101 shares during the period. Promus Capital LLC purchased a new position in MongoDB during the 2nd quarter worth approximately $36,000. TD Private Client Wealth LLC lifted its holdings in shares of MongoDB by 2,825.0% in the third quarter. TD Private Client Wealth LLC now owns 117 shares of the company's stock valued at $36,000 after purchasing an additional 113 shares in the last quarter. Finally, Hollencrest Capital Management acquired a new stake in shares of MongoDB in the third quarter worth $37,000. Institutional investors and hedge funds own 89.29% of the company's stock.
Analyst Ratings Changes
Several brokerages have recently issued reports on MDB. Citizens Jmp boosted their price objective on MongoDB from $435.00 to $475.00 and gave the stock a "market outperform" rating in a research report on Tuesday. Sanford C. Bernstein increased their target price on shares of MongoDB from $338.00 to $452.00 and gave the company an "outperform" rating in a research report on Tuesday. Needham & Company LLC upped their price target on shares of MongoDB from $365.00 to $480.00 and gave the stock a "buy" rating in a research note on Tuesday. Rosenblatt Securities raised their price objective on shares of MongoDB from $385.00 to $425.00 and gave the company a "buy" rating in a research note on Tuesday. Finally, Mizuho raised their target price on MongoDB from $250.00 to $310.00 and gave the company a "neutral" rating in a research note on Tuesday. Two research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $415.39.
Check Out Our Latest Stock Report on MongoDB
About MongoDB
(
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.
Further Reading
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