Hudson Bay Capital Management LP Acquires 39,314 Shares of MongoDB, Inc. $MDB

Hudson Bay Capital Management LP boosted its holdings in shares of MongoDB, Inc. (NASDAQ:MDB) by 4,422.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 40,203 shares of the company’s stock after purchasing an additional 39,314 shares during the quarter. Hudson Bay Capital Management LP’s holdings in MongoDB were worth $12,478,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Huntington National Bank grew its stake in shares of MongoDB by 110.9% in the 3rd quarter. Huntington National Bank now owns 97 shares of the company’s stock worth $30,000 after buying an additional 51 shares in the last quarter. Promus Capital LLC purchased a new stake in shares of MongoDB during the 2nd quarter valued at about $36,000. TD Private Client Wealth LLC lifted its holdings in shares of MongoDB by 2,825.0% in the 3rd quarter. TD Private Client Wealth LLC now owns 117 shares of the company’s stock valued at $36,000 after acquiring an additional 113 shares during the last quarter. Hollencrest Capital Management bought a new position in shares of MongoDB in the 3rd quarter valued at about $37,000. Finally, Westside Investment Management Inc. grew its position in MongoDB by 82.1% in the third 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. Institutional investors own 89.29% of the company’s stock.

Insider Transactions at MongoDB

In related news, Director Dwight A. Merriman sold 10,000 shares of the stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $407.70, for a total value of $4,077,000.00. Following the transaction, the director owned 1,031,316 shares of the company’s stock, valued at $420,467,533.20. This represents a 0.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold a total of 19,383 shares of company stock valued at $7,910,983 over the last quarter. 3.10% of the stock is owned by corporate insiders.

MongoDB Price Performance

Shares of MDB opened at $270.16 on Friday. The firm has a market capitalization of $21.99 billion, a price-to-earnings ratio of -307.00 and a beta of 1.40. MongoDB, Inc. has a 1-year low of $140.78 and a 1-year high of $444.72. The company has a 50-day moving average of $341.42 and a 200 day moving average of $352.28.

MongoDB (NASDAQ:MDB) last issued its earnings results on Monday, March 2nd. The company reported $1.65 EPS for the quarter, topping analysts’ consensus estimates of $1.47 by $0.18. The business had revenue of $695.07 million for the quarter, compared to the consensus estimate of $669.40 million. MongoDB had a negative net margin of 2.89% and a negative return on equity of 1.03%. The company’s revenue for the quarter was up 26.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.28 EPS. On average, equities analysts anticipate that MongoDB, Inc. will post -1.78 earnings per share for the current fiscal year.

More MongoDB News

Here are the key news stories impacting MongoDB this week:

• Positive Sentiment: Brokerage/analyst sentiment tilts bullish — several media writeups note the average brokerage recommendation is to “invest” in MDB, signaling renewed sell‑side optimism that can support buying demand. Brokers Suggest Investing in MongoDB (MDB)
• Positive Sentiment: High‑profile media endorsement — Jim Cramer has previously highlighted MDB as a top AI/data‑infrastructure name, which tends to boost retail interest and flows when reiterated. Jim Cramer Recommended MongoDB (MDB) As a Trade In February 2025
• Positive Sentiment: Large call buying — traders purchased an unusually high number of call options (roughly 36,130 calls, a >2,000% jump versus normal), indicating some market participants are positioned for upside. MongoDB Target of Unusually Large Options Trading (NASDAQ:MDB)
• Neutral Sentiment: Options surge is drawing broader market attention — coverage notes the activity is putting a spotlight on MDB within the Nasdaq complex; useful for volatility but not a clear directional signal by itself. MongoDB (NASDAQ:MDB) Options Surge Sparks Nasdaq Composite Focus
• Neutral Sentiment: Mixed large options flow — both calls and puts surged (calls up ~2,077%, puts up ~2,157%), suggesting a mix of directional bets and hedging by institutions; expect elevated implied volatility and wider intraday swings. MongoDB Target of Unusually Large Options Trading (NASDAQ:MDB)
• Negative Sentiment: Heavy put buying signals bearish positioning or hedges — roughly 23,831 puts were bought (a >2,100% increase), which could reflect downside protection or speculative bearish bets that increase near‑term downside risk. Investors Buy Large Volume of Put Options on MongoDB (NASDAQ:MDB)

Analysts Set New Price Targets

Several equities research analysts have weighed in on MDB shares. Sanford C. Bernstein cut MongoDB from an “outperform” rating to a “market perform” rating in a research note on Tuesday, March 3rd. Guggenheim reiterated a “buy” rating and issued a $475.00 target price on shares of MongoDB in a report on Tuesday, March 3rd. Canaccord Genuity Group cut their target price on MongoDB from $455.00 to $375.00 and set a “buy” rating on the stock in a research report on Tuesday, March 3rd. Bank of America restated a “buy” rating on shares of MongoDB in a report on Tuesday, March 3rd. Finally, Monness Crespi & Hardt lowered their price target on MongoDB from $475.00 to $370.00 and set a “buy” rating for the company in a research report on Tuesday, March 3rd. One research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $354.18.

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.