TD Private Client Wealth LLC Boosts Stock Position in MongoDB, Inc. $MDB

TD Private Client Wealth LLC increased its holdings in MongoDB, Inc. (NASDAQ:MDB) by 2,640.2% during the 4th quarter, HoldingsChannel reports. The firm owned 3,206 shares of the company’s stock after buying an additional 3,089 shares during the period. TD Private Client Wealth LLC’s holdings in MongoDB were worth $1,346,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Mission Wealth Management LP purchased a new position in shares of MongoDB in the 4th quarter worth $814,000. North Dakota State Investment Board purchased a new stake in shares of MongoDB during the 4th quarter valued at about $1,166,000. Stephens Investment Management Group LLC lifted its holdings in shares of MongoDB by 2.3% in the 4th quarter. Stephens Investment Management Group LLC now owns 48,983 shares of the company’s stock valued at $20,558,000 after acquiring an additional 1,097 shares during the last quarter. Dana Investment Advisors Inc. bought a new position in shares of MongoDB in the 4th quarter valued at about $432,000. Finally, Stephens Inc. AR grew its position in MongoDB by 24.6% in the fourth quarter. Stephens Inc. AR now owns 1,080 shares of the company’s stock worth $453,000 after acquiring an additional 213 shares in the last quarter. Hedge funds and other institutional investors own 89.29% of the company’s stock.

MongoDB Stock Performance

MDB opened at $334.68 on Wednesday. The stock has a market cap of $26.90 billion, a price-to-earnings ratio of -380.32 and a beta of 1.48. The stock’s 50 day moving average price is $265.03 and its 200-day moving average price is $335.65. MongoDB, Inc. has a one year low of $182.43 and a one year high of $444.72.

MongoDB (NASDAQ:MDB) last issued its quarterly earnings results on Monday, March 2nd. The company reported $1.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $695.07 million during the quarter, compared to analyst estimates of $669.40 million. During the same period last year, the company earned $1.28 EPS. MongoDB’s quarterly revenue was up 26.8% compared to the same quarter last year. As a group, analysts predict that MongoDB, Inc. will post -0.46 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on MDB. Needham & Company LLC decreased their price objective on MongoDB from $500.00 to $300.00 and set a “buy” rating on the stock in a research report on Tuesday, March 3rd. Canaccord Genuity Group dropped their target price on MongoDB from $455.00 to $375.00 and set a “buy” rating for the company in a report on Tuesday, March 3rd. The Goldman Sachs Group cut their target price on MongoDB from $475.00 to $320.00 and set a “buy” rating on the stock in a research report on Wednesday, March 4th. DA Davidson decreased their price target on MongoDB from $465.00 to $385.00 and set a “buy” rating on the stock in a report on Wednesday, February 25th. Finally, Rosenblatt Securities restated a “buy” rating and issued a $425.00 price target on shares of MongoDB in a research report on Monday, March 2nd. Twenty-six investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $370.87.

Key Headlines Impacting MongoDB

Here are the key news stories impacting MongoDB this week:

• Positive Sentiment: Bank of America raised its price target on MongoDB and reiterated a Buy rating, citing confidence in demand trends, Atlas momentum, and execution across cloud and on-premise products. MongoDB price target lifted by Bank of America ahead of earnings on execution confidence, Atlas momentum
• Positive Sentiment: RBC reaffirmed its Outperform rating and lifted its target to $395, saying MongoDB is well positioned for AI-related tailwinds and strong Atlas growth. MongoDB Well Positioned for AI Tailwinds, Competition Remains Key Debate, RBC Says
• Positive Sentiment: Analyst sentiment remains favorable overall, with multiple Buy/Outperform ratings and recent targets ranging up to $450, reinforcing expectations for solid upcoming results. MongoDB, Inc. ($MDB) CEO 2026 Pay Revealed
• Neutral Sentiment: MongoDB’s CEO pay disclosure highlighted very large compensation and heavy insider selling over the past six months, which may raise governance questions but was offset by the sales being tied in part to pre-arranged trading plans. MongoDB, Inc. ($MDB) CEO 2026 Pay Revealed
• Negative Sentiment: Director Dwight Merriman sold additional shares recently, adding to a pattern of insider selling that could temper some enthusiasm around the stock. Insider Selling: MongoDB (NASDAQ:MDB) Director Sells 6,000 Shares of Stock

Insiders Place Their Bets

In other news, Director Hope F. Cochran sold 1,566 shares of MongoDB stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $249.33, for a total transaction of $390,450.78. Following the completion of the sale, the director directly owned 24,093 shares in the company, valued at approximately $6,007,107.69. This trade represents a 6.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Dwight A. Merriman sold 6,000 shares of the business’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $314.98, for a total transaction of $1,889,880.00. Following the sale, the director directly owned 470,896 shares of the company’s stock, valued at $148,322,822.08. This represents a 1.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 31,566 shares of company stock worth $8,744,791. 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.