Key Points
- Director Dwight Merriman sold 6,000 shares on Jan. 13 at an average of $417.73 for $2,506,380, trimming his stake to 490,896 shares (a 1.21% reduction); reported insider sales across Jan. 13–15 totaled roughly 17,100 shares, which could create short‑term selling pressure.
- MongoDB posted a strong quarter (EPS $1.32 vs. $0.79 estimate; revenue $628.3M vs. $593.0M, up 18.7% YoY) and set FY2026 guidance, prompting analysts to raise price targets (average target ~ $420).
- The company is expanding AI capabilities (integrating Voyage 4 models) and its "MongoDB for Startups" program—catalysts that support growth thesis as the stock trades near its 52‑week high, though valuation metrics remain stretched (negative trailing P/E).
MongoDB, Inc. (NASDAQ:MDB - Get Free Report) Director Dwight Merriman sold 1,139 shares of the stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $388.31, for a total value of $442,285.09. Following the completion of the transaction, the director owned 81,652 shares in the company, valued at $31,706,288.12. The trade was a 1.38% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.
MongoDB Stock Up 0.6%
Shares of MDB stock opened at $389.20 on Friday. The firm has a market cap of $31.68 billion, a price-to-earnings ratio of -447.36 and a beta of 1.38. MongoDB, Inc. has a 12 month low of $140.78 and a 12 month high of $444.72. The stock has a 50-day moving average price of $392.54 and a 200 day moving average price of $317.91.
MongoDB (NASDAQ:MDB - Get Free Report) last released its 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 net margin of 3.06% and a negative return on equity of 1.12%. The company had revenue of $628.31 million for the quarter, compared to the consensus estimate of $592.98 million. During the same period in the prior year, the company posted $1.16 EPS. The company's revenue was up 18.7% compared to the same quarter last year. MongoDB has set its Q4 2026 guidance at 1.440-1.480 EPS and its FY 2026 guidance at 4.760-4.800 EPS. Sell-side analysts predict that MongoDB, Inc. will post -1.78 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of MDB. Central Pacific Bank Trust Division acquired a new stake in MongoDB in the 4th quarter valued at approximately $28,000. Huntington National Bank raised its holdings in MongoDB by 110.9% during the third quarter. Huntington National Bank now owns 97 shares of the company's stock worth $30,000 after acquiring an additional 51 shares in the last quarter. Montag A & Associates Inc. boosted its position in MongoDB by 144.3% during the second quarter. Montag A & Associates Inc. now owns 171 shares of the company's stock valued at $36,000 after purchasing an additional 101 shares during the last quarter. Promus Capital LLC bought a new position in MongoDB in the second quarter valued at approximately $36,000. Finally, TD Private Client Wealth LLC increased 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 purchasing an additional 113 shares during the last quarter. 89.29% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several equities analysts have weighed in on the company. Sanford C. Bernstein increased their target price on MongoDB from $338.00 to $452.00 and gave the company an "outperform" rating in a research note on Tuesday, December 2nd. Argus boosted their price objective on shares of MongoDB from $340.00 to $488.00 and gave the company a "buy" rating in a report on Thursday, December 4th. Needham & Company LLC reiterated a "buy" rating and issued a $500.00 target price on shares of MongoDB in a report on Monday. Bank of America boosted their price target on shares of MongoDB from $440.00 to $480.00 and gave the company a "buy" rating in a report on Tuesday, December 2nd. Finally, Truist Financial raised their price objective on MongoDB from $450.00 to $500.00 and gave the stock a "buy" rating in a research note on Wednesday, January 7th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $420.26.
Read Our Latest Stock Report on MDB
Trending Headlines about MongoDB
Here are the key news stories impacting MongoDB this week:
- Positive Sentiment: MongoDB announced an industry-first expansion of its AI capabilities by integrating Voyage 4 embedding and reranking models to deliver a unified data intelligence layer for production AI — a move that should boost MongoDB's relevance for AI workloads and increase Atlas usage. MongoDB Sets a New Standard for Retrieval Accuracy
- Positive Sentiment: MongoDB expanded its "MongoDB for Startups" program to give early-stage companies a production-ready data foundation; the program's participants now represent over $200B in combined valuation, which could accelerate long-term customer acquisition and upsell into paid Atlas/Cloud services. MongoDB for Startups Expands
- Positive Sentiment: Needham & Company reaffirmed a Buy on MDB, providing institutional validation that may support demand for the shares. Needham Reaffirms Buy
- Positive Sentiment: Mentioned by Zacks as one of "5 Growth Stocks to Buy" for January amid strong earnings outlooks and AI demand — another signal that analysts see durable growth drivers. 5 Growth Stocks to Buy in January
- Positive Sentiment: Zacks published a piece noting MDB is trading near its 52-week high, citing accelerating Atlas adoption and AI workloads as valuation supports — commentary that can attract momentum buyers. MDB Trades Near 52-Week High
- Neutral Sentiment: Generic market-data coverage of MDB share price is available (tracking intraday moves and historicals) but adds little new qualitative insight. MongoDB Share Price (Economic Times)
- Negative Sentiment: Director Dwight A. Merriman sold multiple blocks of MDB stock between Jan 13–15 (reported sales at average prices ~\$388–\$418). Insider selling totaling roughly 17,100 shares across the dates can create short-term selling pressure or raise questions for some investors, though his remaining stake remains large. SEC Form 4 Filing
- Negative Sentiment: MDB dropped sharply on Jan 14 (reported ~5.9% decline on that session), reflecting transient profit-taking or market rotation; this recent volatility could weigh on near-term sentiment. MDB Declines More Than Market
MongoDB Company Profile
(
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.
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