Krilogy Financial LLC Makes New Investment in MongoDB, Inc. $MDB

Krilogy Financial LLC bought a new stake in shares of MongoDB, Inc. (NASDAQ:MDB) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 2,450 shares of the company’s stock, valued at approximately $760,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Montag A & Associates Inc. grew its holdings in MongoDB by 144.3% in 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 period. Promus Capital LLC acquired a new position in shares of MongoDB during the 2nd quarter worth approximately $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 valued at $36,000 after buying an additional 113 shares in the last quarter. Hollencrest Capital Management acquired a new stake in MongoDB in the 3rd quarter valued at $37,000. Finally, Westside Investment Management Inc. increased its holdings in MongoDB by 82.1% in the 3rd quarter. Westside Investment Management Inc. now owns 122 shares of the company’s stock worth $39,000 after acquiring an additional 55 shares in the last quarter. Hedge funds and other institutional investors own 89.29% of the company’s stock.

Insider Activity

In related news, Director Hope F. Cochran sold 1,566 shares of the firm’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $421.85, for a total transaction of $660,617.10. Following the completion of the sale, the director directly owned 25,659 shares in the company, valued at approximately $10,824,249.15. This trade represents a 5.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Dwight A. Merriman sold 1,190 shares of the stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $369.75, for a total transaction of $440,002.50. Following the completion of the sale, the director directly owned 80,462 shares of the company’s stock, valued at approximately $29,750,824.50. This trade represents a 1.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 62,353 shares of company stock worth $25,440,798. Company insiders own 3.10% of the company’s stock.

MongoDB Price Performance

MDB stock opened at $368.40 on Friday. The business has a 50 day simple moving average of $401.94 and a 200-day simple moving average of $341.21. The firm has a market capitalization of $29.98 billion, a PE ratio of -423.45 and a beta of 1.38. MongoDB, Inc. has a 1 year low of $140.78 and a 1 year high of $444.72.

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

Wall Street Analyst Weigh In

Several equities analysts have issued reports on MDB shares. Morgan Stanley increased their price objective on shares of MongoDB from $400.00 to $440.00 and gave the company an “overweight” rating in a report on Tuesday, December 2nd. Robert W. Baird upped their price target on shares of MongoDB from $335.00 to $500.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 2nd. Weiss Ratings reiterated a “sell (d-)” rating on shares of MongoDB in a report on Monday, December 29th. Royal Bank Of Canada set a $500.00 price objective on MongoDB in a research note on Thursday, January 15th. Finally, Argus raised their target price on MongoDB from $340.00 to $488.00 and gave the company a “buy” rating in a research report on Thursday, December 4th. Two research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $422.29.

MongoDB Profile

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.