35,835 Shares in MongoDB, Inc. $MDB Purchased by Nykredit A S

Key Points

• Nykredit A S purchased 35,835 MongoDB shares worth approximately $12.0 million during the second quarter. Institutional investors and hedge funds collectively own 89.29% of the company.
• MongoDB reported quarterly revenue of $771.8 million, up 30.5% year over year, and EPS of $1.90, beating analysts’ estimates. However, shares were trading down 4.1%, reflecting concerns about valuation, spending and slower near-term growth metrics.
• Analyst sentiment remains broadly positive, with a consensus “Moderate Buy” rating and an average price target of $471.81. Meanwhile, insiders sold 40,696 shares worth approximately $16.1 million during the latest quarter.

Nykredit A S purchased a new stake in shares of MongoDB, Inc. (NASDAQ:MDB - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 35,835 shares of the company's stock, valued at approximately $12,037,000.

Other large investors have also recently added to or reduced their stakes in the company. ValueAct Holdings L.P. increased its position in shares of MongoDB by 206.8% during the third quarter. ValueAct Holdings L.P. now owns 2,118,200 shares of the company's stock valued at $657,447,000 after purchasing an additional 1,427,700 shares during the period. State Street Corp boosted its stake in MongoDB by 2.3% during the fourth quarter. State Street Corp now owns 1,796,847 shares of the company's stock worth $754,119,000 after buying an additional 40,219 shares in the last quarter. Amundi boosted its stake in MongoDB by 61.3% during the third quarter. Amundi now owns 1,483,396 shares of the company's stock worth $477,550,000 after buying an additional 563,995 shares in the last quarter. Geode Capital Management LLC increased its holdings in MongoDB by 0.7% in the 4th quarter. Geode Capital Management LLC now owns 1,444,384 shares of the company's stock valued at $604,429,000 after buying an additional 9,693 shares during the period. Finally, Norges Bank acquired a new position in shares of MongoDB in the 4th quarter valued at $574,821,000. Institutional investors and hedge funds own 89.29% of the company's stock.

Insider Buying and Selling at MongoDB

In other MongoDB news, Director Hope Cochran sold 1,566 shares of MongoDB stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $344.05, for a total value of $538,782.30. Following the completion of the transaction, the director owned 25,444 shares in the company, valued at approximately $8,754,008.20. The trade was a 5.80% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Michael Berry sold 5,000 shares of the stock in a transaction on Monday, June 15th. The stock was sold at an average price of $356.63, for a total value of $1,783,150.00. Following the sale, the chief financial officer owned 1,500 shares in the company, valued at $534,945. The trade was a 76.92% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 40,696 shares of company stock worth $16,098,655. 2.60% of the stock is currently owned by insiders.

Key Headlines Impacting MongoDB

Here are the key news stories impacting MongoDB this week:

• Positive Sentiment: Several analysts remain constructive. Guggenheim, DA Davidson, Needham, Bernstein, Morgan Stanley, and Citizens JMP maintained or assigned positive ratings, while Barclays raised its price target to $480 and Mizuho increased its target to $460. Goldman Sachs, Scotiabank, and Rosenblatt also forecast further appreciation. Barclays Raises MongoDB Price Target
• Positive Sentiment: The latest results showed strong underlying momentum, including 30.5% revenue growth, higher earnings than expected, improved margins, and continued investor interest in the company’s long-term cloud database opportunity. MongoDB’s Spending Fears Collide With a Much Stronger Growth Story
• Neutral Sentiment: MongoDB announced presentations at three upcoming investor conferences, including the Citi 2026 Global TMT Conference. These events could provide additional commentary on Atlas demand, AI products, spending, and the company’s growth outlook. MongoDB to Present at Upcoming Investor Conferences
• Negative Sentiment: The main pressure is that MongoDB missed at least one closely watched growth metric, causing investors to punish the stock despite the headline earnings beat. Concerns about elevated valuation, spending, and delayed Atlas growth have outweighed the favorable analyst commentary. MongoDB Missed One Number and Investors Punished the Stock
• Negative Sentiment: UBS and BMO lowered their expectations, and at least one analyst downgrade contributed to the shares’ gap lower. The mixed rating activity indicates that investors are becoming more selective about MongoDB’s near-term growth trajectory. MongoDB Shares Gap Down on Analyst Downgrade

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on MDB. Tigress Financial raised their price objective on shares of MongoDB from $430.00 to $515.00 and gave the stock a "buy" rating in a report on Tuesday, June 2nd. Wedbush increased their price target on shares of MongoDB from $380.00 to $390.00 and gave the stock an "outperform" rating in a research report on Friday, May 29th. Evercore initiated coverage on shares of MongoDB in a research note on Friday, August 21st. They set an "outperform" rating and a $525.00 price target for the company. Cantor Fitzgerald lifted their price objective on MongoDB from $416.00 to $540.00 and gave the company an "overweight" rating in a report on Monday, August 31st. Finally, Monness Crespi & Hardt upped their price objective on MongoDB from $460.00 to $500.00 and gave the company a "buy" rating in a research note on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, MongoDB has a consensus rating of "Moderate Buy" and an average target price of $471.81.

MongoDB Trading Down 4.1%

Shares of MongoDB stock opened at $368.74 on Friday. The stock has a market capitalization of $29.66 billion, a price-to-earnings ratio of 519.35, a P/E/G ratio of 52.65 and a beta of 1.58. The firm's 50-day moving average price is $374.27 and its two-hundred day moving average price is $322.83. MongoDB, Inc. has a 1-year low of $215.68 and a 1-year high of $473.10.

MongoDB (NASDAQ:MDB - Get Free Report) last posted its earnings results on Tuesday, September 1st. The company reported $1.90 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.62 by $0.28. The company had revenue of $771.77 million during the quarter, compared to analysts' expectations of $735.01 million. MongoDB had a net margin of 2.12% and a return on equity of 1.06%. MongoDB's quarterly revenue was up 30.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.00 earnings per share. MongoDB has set its Q3 2027 guidance at 1.570-1.610 EPS and its FY 2027 guidance at 6.390-6.580 EPS. As a group, equities research analysts predict that MongoDB, Inc. will post 0.37 EPS for the current year.

MongoDB Profile

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.

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