Union Bancaire Privee UBP SA Lowers Stake in MongoDB, Inc. $MDB

Union Bancaire Privee UBP SA cut its position in shares of MongoDB, Inc. (NASDAQ:MDB) by 12.7% in the 4th quarter, HoldingsChannel.com reports. The fund owned 43,972 shares of the company’s stock after selling 6,408 shares during the period. Union Bancaire Privee UBP SA’s holdings in MongoDB were worth $18,455,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. ValueAct Holdings L.P. increased its position in MongoDB by 206.8% during the 3rd quarter. ValueAct Holdings L.P. now owns 2,118,200 shares of the company’s stock worth $657,447,000 after purchasing an additional 1,427,700 shares in the last quarter. AQR Capital Management LLC grew its stake in MongoDB by 2,567.2% during the second quarter. AQR Capital Management LLC now owns 1,111,647 shares of the company’s stock worth $233,435,000 after buying an additional 1,069,969 shares during the period. Jericho Capital Asset Management L.P. increased its position in shares of MongoDB by 162.1% in the third quarter. Jericho Capital Asset Management L.P. now owns 1,378,540 shares of the company’s stock worth $427,871,000 after acquiring an additional 852,540 shares in the last quarter. Norges Bank purchased a new position in shares of MongoDB in the 2nd quarter valued at $164,338,000. Finally, Vanguard Group Inc. lifted its holdings in shares of MongoDB by 9.5% during the 2nd quarter. Vanguard Group Inc. now owns 8,554,315 shares of the company’s stock valued at $1,796,321,000 after acquiring an additional 744,547 shares in the last quarter. 89.29% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Dwight A. Merriman sold 1,190 shares of the stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $369.75, for a total transaction of $440,002.50. Following the transaction, the director 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In the last quarter, insiders have sold 19,383 shares of company stock valued at $7,910,983. Corporate insiders own 3.10% of the company’s stock.

MongoDB Stock Up 0.6%

MDB stock opened at $270.16 on Friday. The stock’s 50 day moving average is $341.42 and its two-hundred day moving average is $352.28. MongoDB, Inc. has a 52-week low of $140.78 and a 52-week high of $444.72. The company has a market capitalization of $21.99 billion, a PE ratio of -307.00 and a beta of 1.40.

MongoDB (NASDAQ:MDB) last released its earnings results on Monday, March 2nd. The company reported $1.65 EPS for the quarter, beating the consensus estimate of $1.47 by $0.18. MongoDB had a negative return on equity of 1.03% and a negative net margin of 2.89%.The company had revenue of $695.07 million during the quarter, compared to analysts’ expectations of $669.40 million. During the same period in the prior year, the business posted $1.28 EPS. The business’s revenue was up 26.8% on a year-over-year basis. As a group, sell-side analysts anticipate that MongoDB, Inc. will post -1.78 EPS for the current year.

Analysts Set New Price Targets

MDB has been the subject of a number of research reports. Raymond James Financial initiated coverage on shares of MongoDB in a research report on Monday, December 15th. They set a “market perform” rating for the company. Citizens Jmp boosted their price objective on MongoDB from $435.00 to $475.00 and gave the stock a “market outperform” rating in a research note on Tuesday, December 2nd. Needham & Company LLC decreased their target price on MongoDB from $500.00 to $300.00 and set a “buy” rating for the company in a research report on Tuesday, March 3rd. Argus increased their target price on MongoDB from $340.00 to $488.00 and gave the company a “buy” rating in a research note on Thursday, December 4th. Finally, Monness Crespi & Hardt decreased their price target on MongoDB from $475.00 to $370.00 and set a “buy” rating for the company in a report on Tuesday, March 3rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, MongoDB presently has an average rating of “Moderate Buy” and a consensus target price of $354.18.

More MongoDB News

Here are the key news stories impacting MongoDB this week:

• Positive Sentiment: Unusually large call buying: market participants purchased roughly 36,130 call options (about a 2,077% jump versus normal daily call volume), indicating sizable bullish speculative or directional bets that can lift the shares if driven by conviction. MongoDB Target of Unusually Large Options Trading
• Positive Sentiment: Brokerage consensus/ABR trending bullish: recent write-ups note that the average brokerage recommendation favors investing in MDB, which can support buying interest (though publications caution these ratings are often optimistic). Brokers Suggest Investing in MongoDB (MDB): Read This Before Placing a Bet
• Positive Sentiment: Media/TV endorsement tailwind: Jim Cramer previously highlighted MDB as a top AI-related pick, a type of endorsement that can spur retail buying and attention; the stock has gained materially over the last year. Jim Cramer Recommended MongoDB (MDB) As a Trade In February 2025
• Neutral Sentiment: Options surge drawing index/market focus: coverage points out that the options activity on MDB has attracted attention to the Nasdaq composite; heightened visibility can amplify moves but doesn’t itself signal direction. MongoDB (NASDAQ:MDB) Options Surge Sparks Nasdaq Composite Focus
• Negative Sentiment: Large put purchases: investors bought about 23,831 put options (roughly a 2,157% rise vs. normal daily put volume), a signal of either hedging activity or directional bearish bets that can pressure the stock if downside conviction grows. Investors Buy Large Volume of Put Options on MongoDB (NASDAQ:MDB)

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.