MongoDB (NASDAQ:MDB) Director Dwight Merriman Sells 1,054 Shares

January 7, 2026 by InsiderTrades.com

Key Points

Director Dwight Merriman sold 1,054 shares on Jan. 2 at an average price of $422.50 (total ≈ $445,315), a ~1.26% reduction in his holding to 82,791 shares, disclosed via SEC Form 4.
MongoDB beat recent estimates, reporting $1.32 EPS vs. $0.79 expected and $628.3M revenue (up 18.7% YoY), issued FY2026 guidance, and drew multiple price-target raises that left analysts with a consensus "Moderate Buy" (avg. PT ≈ $416.97).
Stock snapshot: shares traded near $435.86 with a 1‑year range of $140.78–$440.67, a market cap of about $35.5B, and a negative P/E, reflecting continued losses despite revenue growth.

MongoDB, Inc. (NASDAQ:MDB - Get Free Report) Director Dwight Merriman sold 1,054 shares of the stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $422.50, for a total transaction of $445,315.00. Following the completion of the sale, the director owned 82,791 shares in the company, valued at $34,979,197.50. This represents a 1.26% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

MongoDB Price Performance

MarketBeat Week in Review – 12/15 - 12/19

Shares of MongoDB stock opened at $435.86 on Wednesday. MongoDB, Inc. has a 1 year low of $140.78 and a 1 year high of $440.67. The business has a 50 day moving average price of $384.76 and a 200 day moving average price of $309.50. The company has a market capitalization of $35.47 billion, a P/E ratio of -500.99 and a beta of 1.38.

MongoDB (NASDAQ:MDB - Get Free Report) last announced its 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 firm had revenue of $628.31 million for the quarter, compared to analysts' expectations of $592.98 million. MongoDB had a negative return on equity of 1.12% and a negative net margin of 3.06%.MongoDB's quarterly revenue was up 18.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $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, research analysts expect that MongoDB, Inc. will post -1.78 EPS for the current fiscal year.

Wall Street Analyst Weigh In

MongoDB Could Hit Record Highs—But You’ll Need to Move Fast

Several research analysts recently weighed in on MDB shares. Weiss Ratings reissued a "sell (d-)" rating on shares of MongoDB in a research note on Monday, December 29th. BMO Capital Markets lifted their price target on shares of MongoDB from $415.00 to $455.00 and gave the stock an "outperform" rating in a report on Tuesday, December 2nd. Wells Fargo & Company upped their price objective on shares of MongoDB from $430.00 to $450.00 and gave the company an "overweight" rating in a research note on Tuesday, December 2nd. Bank of America raised their target price on shares of MongoDB from $440.00 to $480.00 and gave the stock a "buy" rating in a research report on Tuesday, December 2nd. Finally, DA Davidson lifted their target price on shares of MongoDB from $415.00 to $465.00 and gave the stock a "buy" rating in a research note on Tuesday, December 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $416.97.

Check Out Our Latest Analysis on MongoDB

MongoDB News Summary

MarketBeat Week in Review – 12/1 - 12/5

Here are the key news stories impacting MongoDB this week:

Positive Sentiment: Multiple firms raised targets and reiterated buy ratings, increasing upside expectations and supporting the rally. RBC raises target
Positive Sentiment: Oppenheimer raised its price target to $490 (from $450), signaling continued analyst confidence in MongoDB’s growth trajectory. Oppenheimer raises target
Positive Sentiment: Needham raised its target to $500 and added MDB to a conviction list, an explicit bullish signal that may attract institutional flows. Needham upgrade
Positive Sentiment: Consensus / brokerage coverage remains constructive (consensus "Moderate Buy"), reinforcing demand from analysts after MongoDB’s recent beat and FY guidance. Brokerage consensus
Neutral Sentiment: Coverage roundups and analyst commentaries (37-analyst overview / Benzinga summary) increase visibility but mostly repeat existing bullish views. Analyst roundup
Neutral Sentiment: Articles noting large intraday moves and Nasdaq-100 composition/impact raise attention; these can amplify volatility around rebalancing windows but are not direct fundamentals. Nasdaq 100 composition
Neutral Sentiment: News pieces summarizing the stock’s strong intraday moves help momentum but don't add new catalyst information. Market movers write-up
Negative Sentiment: A director (Dwight A. Merriman) sold 1,054 shares (~1.26% reduction in his holding), disclosed via SEC Form 4 — a small insider sale that some investors may view negatively but appears minor relative to his total stake. Insider sale filing

Hedge Funds Weigh In On MongoDB

A number of hedge funds have recently made changes to their positions in MDB. State of Wyoming purchased a new stake in shares of MongoDB during the 1st quarter valued at $62,000. Vident Advisory LLC boosted its holdings in MongoDB by 25.9% in the first quarter. Vident Advisory LLC now owns 2,330 shares of the company's stock valued at $409,000 after acquiring an additional 479 shares during the last quarter. AQR Capital Management LLC boosted its holdings in MongoDB by 12.3% in the first quarter. AQR Capital Management LLC now owns 41,678 shares of the company's stock valued at $7,198,000 after acquiring an additional 4,552 shares during the last quarter. Integrated Wealth Concepts LLC grew its position in MongoDB by 31.6% during the first quarter. Integrated Wealth Concepts LLC now owns 1,363 shares of the company's stock valued at $239,000 after acquiring an additional 327 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in MongoDB by 10.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 49,219 shares of the company's stock worth $8,634,000 after acquiring an additional 4,692 shares during the last quarter. Institutional investors and hedge funds own 89.29% of the company's stock.

About MongoDB

(Get Free Report)

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.