APG Asset Management N.V. Sells 1,028 Shares of MongoDB, Inc. $MDB

APG Asset Management N.V. lessened its position in shares of MongoDB, Inc. (NASDAQ:MDB) by 30.1% in the 1st quarter, HoldingsChannel reports. The fund owned 2,391 shares of the company’s stock after selling 1,028 shares during the period. APG Asset Management N.V.’s holdings in MongoDB were worth $388,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of MDB. Cloud Capital Management LLC bought a new position in shares of MongoDB during the 1st quarter worth approximately $25,000. Hollencrest Capital Management bought a new position in shares of MongoDB during the 1st quarter worth approximately $26,000. Cullen Frost Bankers Inc. raised its stake in shares of MongoDB by 315.8% during the 1st quarter. Cullen Frost Bankers Inc. now owns 158 shares of the company’s stock worth $28,000 after acquiring an additional 120 shares in the last quarter. Brooklyn Investment Group raised its stake in shares of MongoDB by 247.9% during the 1st quarter. Brooklyn Investment Group now owns 407 shares of the company’s stock worth $71,000 after acquiring an additional 290 shares in the last quarter. Finally, Fifth Third Bancorp raised its stake in shares of MongoDB by 15.9% during the 1st quarter. Fifth Third Bancorp now owns 569 shares of the company’s stock worth $100,000 after acquiring an additional 78 shares in the last quarter. Institutional investors own 89.29% of the company’s stock.

MongoDB Trading Up 38.0%

MongoDB stock opened at $295.70 on Thursday. MongoDB, Inc. has a 12-month low of $140.78 and a 12-month high of $370.00. The stock has a market cap of $24.16 billion, a P/E ratio of -301.73 and a beta of 1.44. The company has a 50-day moving average price of $218.36 and a 200 day moving average price of $206.87.

MongoDB (NASDAQ:MDB) last announced its quarterly earnings results on Wednesday, June 4th. The company reported $1.00 earnings per share for the quarter, beating analysts’ consensus estimates of $0.65 by $0.35. MongoDB had a negative net margin of 3.54% and a negative return on equity of 1.76%. The business had revenue of $549.01 million during the quarter, compared to analysts’ expectations of $527.49 million. During the same period last year, the business earned $0.51 earnings per share. The business’s revenue for the quarter was up 21.8% on a year-over-year basis. MongoDB has set its FY 2026 guidance at 2.940-3.120 EPS. Q2 2026 guidance at 0.620-0.660 EPS. As a group, analysts forecast that MongoDB, Inc. will post -1.78 EPS for the current year.

Wall Street Analyst Weigh In

MDB has been the topic of a number of research reports. The Goldman Sachs Group increased their price objective on shares of MongoDB from $270.00 to $325.00 and gave the stock a “buy” rating in a research note on Wednesday. Monness Crespi & Hardt increased their price objective on shares of MongoDB from $295.00 to $360.00 and gave the stock a “buy” rating in a research note on Wednesday. Stephens initiated coverage on shares of MongoDB in a research note on Friday, July 18th. They issued an “equal weight” rating and a $247.00 price objective on the stock. UBS Group increased their price objective on shares of MongoDB from $240.00 to $310.00 and gave the stock a “neutral” rating in a research note on Wednesday. Finally, William Blair reissued an “outperform” rating on shares of MongoDB in a report on Thursday, June 26th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, MongoDB currently has an average rating of “Moderate Buy” and an average target price of $307.71.

Insider Activity

In other news, Director Hope F. Cochran sold 1,174 shares of the firm’s stock in a transaction that occurred on Tuesday, June 17th. The shares were sold at an average price of $201.08, for a total value of $236,067.92. Following the completion of the transaction, the director owned 21,096 shares of the company’s stock, valued at approximately $4,241,983.68. This trade represents a 5.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Dwight A. Merriman sold 2,000 shares of MongoDB stock in a transaction that occurred on Thursday, June 5th. The stock was sold at an average price of $234.00, for a total transaction of $468,000.00. Following the completion of the transaction, the director owned 1,107,006 shares of the company’s stock, valued at $259,039,404. This represents a 0.18% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 51,416 shares of company stock valued at $11,936,656. 3.10% of the stock is currently owned by company insiders.

MongoDB Company Profile

MongoDB, Inc, together with its subsidiaries, provides general purpose database platform worldwide. The company provides MongoDB Atlas, a hosted multi-cloud database-as-a-service solution; MongoDB Enterprise Advanced, a commercial database server for enterprise customers to run in the cloud, on-premises, or in a hybrid environment; and Community Server, a free-to-download version of its database, which includes the functionality that developers need to get started with MongoDB.