GSA Capital Partners LLP Acquires Shares of 4,284 MongoDB, Inc. $MDB

GSA Capital Partners LLP bought a new position in MongoDB, Inc. (NASDAQ:MDB) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 4,284 shares of the company’s stock, valued at approximately $1,330,000.

Other large investors have also recently made changes to their positions in the company. Montag A & Associates Inc. raised its position in MongoDB by 144.3% in the 2nd quarter. Montag A & Associates Inc. now owns 171 shares of the company’s stock worth $36,000 after purchasing an additional 101 shares during the period. Promus Capital LLC bought a new position in shares of MongoDB during the second quarter valued at approximately $36,000. TD Private Client Wealth LLC raised its holdings in shares of MongoDB by 2,825.0% in the third quarter. TD Private Client Wealth LLC now owns 117 shares of the company’s stock worth $36,000 after buying an additional 113 shares during the period. Hollencrest Capital Management bought a new stake in shares of MongoDB during the 3rd quarter worth approximately $37,000. Finally, Westside Investment Management Inc. boosted its holdings in MongoDB by 82.1% during the 3rd quarter. Westside Investment Management Inc. now owns 122 shares of the company’s stock valued at $39,000 after acquiring an additional 55 shares during the period. 89.29% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on MDB. The Goldman Sachs Group reiterated a “buy” rating and issued a $475.00 target price on shares of MongoDB in a research note on Monday, January 5th. Rosenblatt Securities boosted their price objective on shares of MongoDB from $385.00 to $425.00 and gave the company a “buy” rating in a research report on Tuesday, December 2nd. Wedbush boosted their price target on MongoDB from $400.00 to $440.00 and gave the company an “outperform” rating in a report on Tuesday, December 2nd. Citigroup increased their price objective on MongoDB from $440.00 to $525.00 and gave the stock a “buy” rating in a research note on Wednesday, December 3rd. Finally, Sanford C. Bernstein lifted their target price on MongoDB from $338.00 to $452.00 and gave the company an “outperform” rating in a research report on Tuesday, December 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $422.97.

MongoDB Stock Up 2.5%

Shares of MDB opened at $363.07 on Thursday. The company has a 50 day moving average of $398.45 and a two-hundred day moving average of $344.58. MongoDB, Inc. has a twelve month low of $140.78 and a twelve month high of $444.72. The company has a market cap of $29.55 billion, a price-to-earnings ratio of -417.32 and a beta of 1.38.

MongoDB (NASDAQ:MDB) last issued its quarterly earnings data on Monday, December 1st. The company reported $1.32 EPS for the quarter, beating the consensus estimate of $0.79 by $0.53. MongoDB had a negative return on equity of 1.12% and a negative net margin of 3.06%.The firm had revenue of $628.31 million during the quarter, compared to analyst estimates of $592.98 million. During the same quarter in the prior year, the business posted $1.16 EPS. The business’s revenue for the quarter 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. On average, sell-side analysts expect that MongoDB, Inc. will post -1.78 EPS for the current year.

Insider Buying and Selling

In other MongoDB news, Director Roelof Botha sold 24,850 shares of the firm’s stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $405.85, for a total transaction of $10,085,372.50. Following the completion of the transaction, the director directly owned 194,600 shares of the company’s stock, valued at approximately $78,978,410. This trade represents a 11.32% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Hope F. Cochran sold 1,566 shares of the company’s stock in a transaction on 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 $10,824,249.15. This trade represents a 5.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 62,353 shares of company stock worth $25,440,798. 3.10% of the stock is owned by company insiders.

MongoDB Company 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.