Y Intercept Hong Kong Ltd Grows Position in MongoDB, Inc. $MDB

Y Intercept Hong Kong Ltd increased its position in MongoDB, Inc. (NASDAQ:MDB) by 75.8% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 14,249 shares of the company’s stock after purchasing an additional 6,144 shares during the period. Y Intercept Hong Kong Ltd’s holdings in MongoDB were worth $4,423,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Parkside Financial Bank & Trust grew its holdings in MongoDB by 85.5% in the 3rd quarter. Parkside Financial Bank & Trust now owns 141 shares of the company’s stock worth $44,000 after acquiring an additional 65 shares during the last quarter. Proem Advisors LLC purchased a new stake in shares of MongoDB during the third quarter worth about $7,291,000. Olympiad Research LP bought a new stake in shares of MongoDB in the third quarter worth about $281,000. Rakuten Investment Management Inc. purchased a new position in MongoDB during the 3rd quarter valued at about $40,014,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH increased its holdings in MongoDB by 31.6% during the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 53,677 shares of the company’s stock valued at $16,660,000 after purchasing an additional 12,900 shares during the period. 89.29% of the stock is currently owned by institutional investors.

Insider Transactions at MongoDB

In related news, Director Roelof Botha sold 24,850 shares of MongoDB stock in a transaction on Friday, December 5th. The stock was sold at an average price of $405.85, for a total value of $10,085,372.50. Following the completion of the sale, the director owned 194,600 shares of the company’s stock, valued at $78,978,410. The trade was a 11.32% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Dwight A. Merriman sold 10,000 shares of the company’s stock in a transaction on Friday, November 14th. The shares were sold at an average price of $338.52, for a total value of $3,385,200.00. Following the sale, the director owned 1,055,316 shares of the company’s stock, valued at approximately $357,245,572.32. This trade represents a 0.94% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 78,162 shares of company stock worth $31,004,092 in the last ninety days. Insiders own 3.10% of the company’s stock.

MongoDB Stock Down 1.5%

Shares of MDB stock opened at $398.69 on Monday. The company has a 50 day moving average price of $396.41 and a 200-day moving average price of $327.25. MongoDB, Inc. has a 52 week low of $140.78 and a 52 week high of $444.72. The firm has a market capitalization of $32.45 billion, a PE ratio of -458.26 and a beta of 1.38.

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

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Cantor Fitzgerald increased their price objective on MongoDB from $406.00 to $454.00 and gave the stock an “overweight” rating in a report on Tuesday, December 2nd. Argus upped their target price on MongoDB from $340.00 to $488.00 and gave the company a “buy” rating in a report on Thursday, December 4th. Sanford C. Bernstein lifted their price target on shares of MongoDB from $338.00 to $452.00 and gave the company an “outperform” rating in a report on Tuesday, December 2nd. Weiss Ratings reissued a “sell (d-)” rating on shares of MongoDB in a research report on Monday, December 29th. Finally, Barclays upped their price objective on shares of MongoDB from $415.00 to $480.00 and gave the stock an “overweight” rating in a report on Monday, January 12th. Two research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, MongoDB has an average rating of “Moderate Buy” and an average price target of $422.29.

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.