Key Points
- Thomas Bull, MongoDB's chief accounting officer, sold 555 shares on December 8 at an average price of $413.86 for $229,692.30, leaving him with 10,784 shares (a 4.89% reduction).
- MongoDB reported strong quarterly results on December 1, posting $1.32 EPS versus a $0.79 consensus and revenue of $628.31M (up 18.7% year‑over‑year); it provided Q4 2026 EPS guidance of 1.440–1.480 and FY 2026 guidance of 4.760–4.800.
- Analysts have mostly raised targets and ratings recently, leaving a MarketBeat consensus of Moderate Buy with an average price target of $415.39.
MongoDB, Inc. (NASDAQ:MDB - Get Free Report) CAO Thomas Bull sold 555 shares of MongoDB stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $413.86, for a total value of $229,692.30. Following the completion of the sale, the chief accounting officer directly owned 10,784 shares in the company, valued at $4,463,066.24. This represents a 4.89% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.
MongoDB Price Performance
NASDAQ MDB opened at $430.19 on Thursday. The company has a market capitalization of $35.00 billion, a P/E ratio of -490.52 and a beta of 1.45. MongoDB, Inc. has a 1-year low of $140.78 and a 1-year high of $429.85. The business has a 50 day moving average price of $346.66 and a 200 day moving average price of $279.22.
MongoDB (NASDAQ:MDB - Get Free Report) last released its quarterly earnings results on Monday, December 1st. The company reported $1.32 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business had revenue of $628.31 million during the quarter, compared to the consensus estimate of $592.98 million. During the same quarter in the previous year, the company posted $1.16 EPS. The business's 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 earnings per share for the current fiscal year.
Analyst Ratings Changes
A number of research firms recently weighed in on MDB. Scotiabank increased their price objective on shares of MongoDB from $320.00 to $415.00 and gave the stock a "sector perform" rating in a report on Tuesday, December 2nd. Wolfe Research upped their price target on MongoDB from $280.00 to $350.00 and gave the company an "outperform" rating in a report on Wednesday, August 27th. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of MongoDB in a report on Monday. Barclays lifted their price target on MongoDB from $390.00 to $415.00 and gave the company an "overweight" rating in a report on Tuesday, December 2nd. Finally, Monness Crespi & Hardt upped their price target on shares of MongoDB from $360.00 to $475.00 and gave the stock a "buy" rating in a research note on Tuesday, December 2nd. Two research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $415.39.
Read Our Latest Report on MongoDB
Hedge Funds Weigh In On MongoDB
Large investors have recently modified their holdings of the stock. Huntington National Bank boosted its stake in MongoDB by 110.9% in the 3rd quarter. Huntington National Bank now owns 97 shares of the company's stock valued at $30,000 after purchasing an additional 51 shares during the period. Montag A & Associates Inc. boosted its holdings in shares of MongoDB by 144.3% in the 2nd quarter. Montag A & Associates Inc. now owns 171 shares of the company's stock valued at $36,000 after purchasing an additional 101 shares in the last quarter. Promus Capital LLC acquired a new position in shares of MongoDB during the 2nd quarter worth $36,000. TD Private Client Wealth LLC lifted its position in shares of MongoDB by 2,825.0% during 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. Finally, Hollencrest Capital Management bought a new position in MongoDB in the third quarter valued at about $37,000. 89.29% of the stock is owned by institutional investors.
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.
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