B. Metzler seel. Sohn & Co. AG Boosts Holdings in MongoDB, Inc. $MDB

Key Points

• B. Metzler seel. Sohn & Co. AG increased its stake in MongoDB by 16.1% in the first quarter, owning 7,364 shares valued at approximately $1,292,000.
• Several institutional investors, including Primecap Management Co. CA and Vanguard Group Inc., significantly raised their stakes in MongoDB, which now sees 89.29% of its stock held by institutional investors.
• Analysts have issued mostly positive ratings on MongoDB, with one "Strong Buy," twenty-seven "Buy," and ten "Hold" ratings, and a consensus price target of $310.86.

B. Metzler seel. Sohn & Co. AG grew its stake in shares of MongoDB, Inc. (NASDAQ:MDB - Free Report) by 16.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 7,364 shares of the company's stock after purchasing an additional 1,020 shares during the period. B. Metzler seel. Sohn & Co. AG's holdings in MongoDB were worth $1,292,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in MDB. Northern Trust Corp raised its holdings in shares of MongoDB by 6.4% during the fourth quarter. Northern Trust Corp now owns 468,010 shares of the company's stock valued at $108,957,000 after purchasing an additional 27,981 shares during the period. Lido Advisors LLC raised its holdings in shares of MongoDB by 74.8% in the 4th quarter. Lido Advisors LLC now owns 1,208 shares of the company's stock worth $281,000 after acquiring an additional 517 shares during the last quarter. AQR Capital Management LLC raised its holdings in shares of MongoDB by 92.1% in the 4th quarter. AQR Capital Management LLC now owns 37,126 shares of the company's stock worth $8,643,000 after acquiring an additional 17,802 shares during the last quarter. Utah Retirement Systems raised its holdings in shares of MongoDB by 1.7% in the 4th quarter. Utah Retirement Systems now owns 11,840 shares of the company's stock worth $2,756,000 after acquiring an additional 200 shares during the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec increased its stake in MongoDB by 196.0% in the 4th quarter. Caisse DE Depot ET Placement DU Quebec now owns 44,103 shares of the company's stock valued at $10,268,000 after buying an additional 29,203 shares during the last quarter. Institutional investors and hedge funds own 89.29% of the company's stock.

Insiders Place Their Bets

In other MongoDB news, CEO Dev Ittycheria sold 33,320 shares of the stock in a transaction that occurred on Thursday, August 28th. The shares were sold at an average price of $301.29, for a total value of $10,038,982.80. Following the sale, the chief executive officer directly owned 203,237 shares in the company, valued at $61,233,275.73. This represents a 14.09% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Dwight A. Merriman sold 1,000 shares of the stock in a transaction that occurred on Friday, July 25th. The stock was sold at an average price of $245.00, for a total transaction of $245,000.00. Following the completion of the sale, the director owned 1,104,316 shares in the company, valued at $270,557,420. This represents a 0.09% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 84,736 shares of company stock worth $21,975,639 in the last three months. 3.10% of the stock is currently owned by corporate insiders.

MongoDB Stock Up 0.8%

MDB traded up $2.68 on Tuesday, hitting $318.29. The company's stock had a trading volume of 4,180,839 shares, compared to its average volume of 2,532,486. The company's 50 day simple moving average is $225.17 and its 200-day simple moving average is $206.28. The firm has a market cap of $26.01 billion, a P/E ratio of -324.79 and a beta of 1.49. MongoDB, Inc. has a 12 month low of $140.78 and a 12 month high of $370.00.

MongoDB (NASDAQ:MDB - Get Free Report) last released its quarterly earnings data on Wednesday, June 4th. The company reported $1.00 EPS for the quarter, topping the consensus estimate of $0.65 by $0.35. The company had revenue of $549.01 million during the quarter, compared to the consensus estimate of $527.49 million. MongoDB had a negative net margin of 3.54% and a negative return on equity of 1.67%. MongoDB's revenue for the quarter was up 21.8% on a year-over-year basis. During the same period last year, the firm earned $0.51 EPS. MongoDB has set its FY 2026 guidance at 2.940-3.120 EPS. Q2 2026 guidance at 0.620-0.660 EPS. Equities analysts predict that MongoDB, Inc. will post -1.78 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have commented on MDB. Loop Capital lowered shares of MongoDB from a "buy" rating to a "hold" rating and decreased their price objective for the company from $350.00 to $190.00 in a research note on Tuesday, May 20th. Scotiabank increased their price objective on shares of MongoDB from $230.00 to $280.00 and gave the company a "sector perform" rating in a research note on Wednesday, August 27th. Sanford C. Bernstein increased their price objective on shares of MongoDB from $319.00 to $338.00 and gave the company an "outperform" rating in a research note on Wednesday, August 27th. JMP Securities reiterated a "market outperform" rating and issued a $345.00 price objective on shares of MongoDB in a research note on Wednesday, August 27th. Finally, Royal Bank Of Canada reissued an "outperform" rating and set a $350.00 target price on shares of MongoDB in a research report on Tuesday. One analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $310.86.

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.