National Pension Service Buys 942 Shares of MongoDB, Inc. $MDB

National Pension Service boosted its stake in shares of MongoDB, Inc. (NASDAQ:MDB) by 340.1% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,219 shares of the company’s stock after acquiring an additional 942 shares during the quarter. National Pension Service’s holdings in MongoDB were worth $256,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of MDB. CWM LLC lifted its position in MongoDB by 8.7% in the first quarter. CWM LLC now owns 3,607 shares of the company’s stock valued at $633,000 after purchasing an additional 289 shares during the last quarter. Signaturefd LLC increased its stake in shares of MongoDB by 24.1% in the first quarter. Signaturefd LLC now owns 1,754 shares of the company’s stock worth $308,000 after buying an additional 341 shares during the period. Massachusetts Financial Services Co. MA purchased a new position in shares of MongoDB in the first quarter worth $14,376,000. Wealthfront Advisers LLC raised its holdings in MongoDB by 4.1% during the 1st quarter. Wealthfront Advisers LLC now owns 4,511 shares of the company’s stock valued at $791,000 after buying an additional 179 shares during the last quarter. Finally, Cullen Frost Bankers Inc. boosted its position in MongoDB by 315.8% during the 1st quarter. Cullen Frost Bankers Inc. now owns 158 shares of the company’s stock valued at $28,000 after buying an additional 120 shares during the period. 89.29% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

MDB has been the subject of several recent analyst reports. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of MongoDB in a research note on Wednesday, October 8th. Scotiabank boosted their price target on MongoDB from $280.00 to $320.00 and gave the company a “sector perform” rating in a report on Friday, September 19th. Barclays increased their price objective on MongoDB from $305.00 to $345.00 and gave the stock an “overweight” rating in a report on Thursday, September 18th. Zacks Research cut MongoDB from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 4th. Finally, Canaccord Genuity Group raised their price target on MongoDB from $340.00 to $375.00 and gave the stock a “buy” rating in a research note on Monday, September 22nd. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $354.97.

Insider Buying and Selling at MongoDB

In related news, Director Hope F. Cochran sold 1,174 shares of MongoDB stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $327.93, for a total transaction of $384,989.82. Following the completion of the transaction, the director directly owned 24,308 shares of the company’s stock, valued at $7,971,322.44. This trade represents a 4.61% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Dwight A. Merriman sold 25,000 shares of the company’s stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $320.15, for a total transaction of $8,003,750.00. Following the completion of the sale, the director owned 1,079,316 shares in the company, valued at approximately $345,543,017.40. This trade represents a 2.26% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 114,492 shares of company stock valued at $36,448,119 in the last quarter. 3.10% of the stock is owned by insiders.

MongoDB Stock Up 0.4%

MDB opened at $352.61 on Friday. MongoDB, Inc. has a 52 week low of $140.78 and a 52 week high of $385.44. The stock has a market cap of $28.69 billion, a PE ratio of -359.81 and a beta of 1.52. The business has a 50 day moving average of $332.51 and a 200-day moving average of $256.68.

MongoDB (NASDAQ:MDB) last posted its quarterly earnings data on Tuesday, August 26th. The company reported ($0.38) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.66 by ($1.04). The firm had revenue of $591.40 million during the quarter, compared to the consensus estimate of $553.23 million. MongoDB had a negative return on equity of 1.67% and a negative net margin of 3.54%.MongoDB’s revenue for the quarter was up 23.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.70 EPS. MongoDB has set its FY 2026 guidance at 3.640-3.730 EPS. Q3 2026 guidance at 0.760-0.790 EPS. Equities analysts anticipate that MongoDB, Inc. will post -1.78 EPS for the current year.

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.