CW Advisors LLC Makes New Investment in MongoDB, Inc. $MDB

Key Points

• CW Advisors LLC invested approximately $3.52 million in MongoDB, acquiring 20,079 shares during the first quarter of the year.
• MongoDB recently reported a 21.8% increase in quarterly revenue year-over-year, totaling $549.01 million, and beat earnings estimates with $1.00 EPS compared to the expected $0.65.
• Insiders sold a total of 51,416 shares of MongoDB stock valued at approximately $11.94 million over the past 90 days, reflecting a 5.27% decrease in one director's position post-sale.

CW Advisors LLC bought a new position in MongoDB, Inc. (NASDAQ:MDB - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 20,079 shares of the company's stock, valued at approximately $3,521,000.

Several other hedge funds also recently made changes to their positions in MDB. TD Waterhouse Canada Inc. increased its stake in shares of MongoDB by 7.2% in the fourth quarter. TD Waterhouse Canada Inc. now owns 1,557 shares of the company's stock worth $362,000 after buying an additional 105 shares during the period. OneDigital Investment Advisors LLC boosted its holdings in MongoDB by 3.9% in the fourth quarter. OneDigital Investment Advisors LLC now owns 1,044 shares of the company's stock valued at $243,000 after acquiring an additional 39 shares in the last quarter. Coppell Advisory Solutions LLC boosted its holdings in MongoDB by 364.0% in the fourth quarter. Coppell Advisory Solutions LLC now owns 232 shares of the company's stock valued at $54,000 after acquiring an additional 182 shares in the last quarter. Banco Bilbao Vizcaya Argentaria S.A. boosted its holdings in MongoDB by 92.3% in the fourth quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 4,219 shares of the company's stock valued at $992,000 after acquiring an additional 2,025 shares in the last quarter. Finally, Nebula Research & Development LLC bought a new stake in MongoDB in the fourth quarter valued at $1,267,000. 89.29% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at MongoDB

In related news, CEO Dev Ittycheria sold 8,335 shares of the firm's stock in a transaction on Monday, July 28th. The shares were sold at an average price of $243.89, for a total value of $2,032,823.15. Following the completion of the transaction, the chief executive officer directly owned 236,557 shares of the company's stock, valued at approximately $57,693,886.73. This trade represents a 3.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Dwight A. Merriman sold 1,000 shares of the firm's stock in a transaction on Friday, July 25th. The shares were sold at an average price of $245.00, for a total transaction of $245,000.00. Following the completion of the transaction, the director directly owned 1,104,316 shares of the company's stock, valued at approximately $270,557,420. This trade represents a 0.09% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 51,416 shares of company stock valued at $11,936,656 in the last three months. 3.10% of the stock is currently owned by corporate insiders.

MongoDB Trading Up 7.8%

NASDAQ MDB traded up $22.94 on Thursday, reaching $318.64. 9,440,362 shares of the stock were exchanged, compared to its average volume of 2,492,663. MongoDB, Inc. has a one year low of $140.78 and a one year high of $370.00. The firm has a market capitalization of $26.04 billion, a PE ratio of -325.81 and a beta of 1.44. The company's 50-day simple moving average is $218.36 and its two-hundred day simple moving average is $206.87.

MongoDB (NASDAQ:MDB - Get Free Report) last released its earnings results on Wednesday, June 4th. The company reported $1.00 EPS for the quarter, topping 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 company had revenue of $549.01 million for the quarter, compared to analysts' expectations of $527.49 million. During the same quarter last year, the business earned $0.51 EPS. The firm's revenue was up 21.8% compared to the same quarter last year. MongoDB has set its FY 2026 guidance at 2.940-3.120 EPS. Q2 2026 guidance at 0.620-0.660 EPS. Sell-side analysts forecast that MongoDB, Inc. will post -1.78 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently commented on MDB shares. Wedbush restated an "outperform" rating and set a $300.00 target price on shares of MongoDB in a report on Wednesday. Zacks Research upgraded shares of MongoDB to a "hold" rating in a research note on Friday, August 8th. BMO Capital Markets upped their price target on shares of MongoDB from $280.00 to $315.00 and gave the stock an "outperform" rating in a research note on Wednesday. Morgan Stanley upped their price target on shares of MongoDB from $255.00 to $325.00 and gave the stock an "overweight" rating in a research note on Thursday. Finally, The Goldman Sachs Group upped their price target on shares of MongoDB from $270.00 to $325.00 and gave the stock a "buy" rating in a research note on Wednesday. One investment 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 stock. Based on data from MarketBeat, MongoDB has a consensus rating of "Moderate Buy" and a consensus target price of $310.86.

MongoDB 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.