MongoDB, Inc. $MDB Holdings Cut by Lbp Am Sa

Lbp Am Sa reduced its stake in shares of MongoDB, Inc. (NASDAQ:MDB) by 9.2% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 98,737 shares of the company’s stock after selling 10,000 shares during the period. Lbp Am Sa owned 0.12% of MongoDB worth $30,646,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Integrated Wealth Concepts LLC raised its holdings 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 buying an additional 327 shares in the last quarter. NewEdge Advisors LLC increased its holdings in shares of MongoDB by 55.0% during the 1st quarter. NewEdge Advisors LLC now owns 4,238 shares of the company’s stock valued at $743,000 after acquiring an additional 1,504 shares during the last quarter. Sivia Capital Partners LLC bought a new position in shares of MongoDB in the 2nd quarter valued at approximately $329,000. Farther Finance Advisors LLC lifted its holdings in MongoDB by 6.8% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,327 shares of the company’s stock worth $279,000 after purchasing an additional 85 shares during the last quarter. Finally, Public Employees Retirement System of Ohio boosted its position in MongoDB by 11.1% during the second quarter. Public Employees Retirement System of Ohio now owns 24,485 shares of the company’s stock worth $5,142,000 after purchasing an additional 2,438 shares during the period. 89.29% of the stock is owned by institutional investors and hedge funds.

MongoDB Price Performance

MDB opened at $398.69 on Monday. The company has a market capitalization of $32.45 billion, a P/E ratio of -458.26 and a beta of 1.38. The firm’s fifty day moving average price is $396.41 and its two-hundred day moving average price is $327.25. MongoDB, Inc. has a fifty-two week low of $140.78 and a fifty-two week high of $444.72.

MongoDB (NASDAQ:MDB) last released its quarterly earnings data on Monday, December 1st. The company reported $1.32 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.53. The company had revenue of $628.31 million during the quarter, compared to the consensus estimate of $592.98 million. MongoDB had a negative net margin of 3.06% and a negative return on equity of 1.12%. The firm’s revenue for the quarter was up 18.7% compared to the same quarter last year. During the same period last 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. On average, equities research analysts expect that MongoDB, Inc. will post -1.78 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on MDB shares. Wedbush boosted their target price on shares of MongoDB from $400.00 to $440.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 2nd. Macquarie boosted their price objective on MongoDB from $305.00 to $385.00 and gave the stock a “neutral” rating in a research report on Tuesday, December 2nd. Guggenheim raised their target price on MongoDB from $400.00 to $450.00 and gave the company a “buy” rating in a report on Tuesday, December 2nd. Barclays upped their price target on MongoDB from $415.00 to $480.00 and gave the stock an “overweight” rating in a report on Monday, January 12th. Finally, Robert W. Baird increased their price objective on MongoDB from $335.00 to $500.00 and gave the company an “outperform” rating in a research report on Tuesday, December 2nd. Two analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $422.29.

Insiders Place Their Bets

In other news, Director Dwight A. Merriman sold 10,000 shares of the firm’s stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $338.52, for a total value of $3,385,200.00. Following the completion of the transaction, the director owned 1,055,316 shares in the company, valued at $357,245,572.32. This trade represents a 0.94% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Hope F. Cochran sold 1,566 shares of the business’s stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $421.85, for a total transaction of $660,617.10. Following the transaction, the director owned 25,659 shares in the company, valued at approximately $10,824,249.15. The trade was a 5.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 78,162 shares of company stock worth $31,004,092. Corporate insiders own 3.10% of the company’s stock.

About MongoDB

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.