Virtus Wealth Solutions LLC Boosts Stake in MongoDB, Inc. $MDB

Key Points

• Virtus Wealth Solutions LLC boosted its stake in MongoDB by 288.3% in Q4, owning 6,854 shares worth $2,877,000, making MDB roughly 0.5% of its portfolio and its 26th largest holding.
• Several other institutions also materially increased positions (e.g., Cramer Rosenthal +897.7%, Mirae +1,277.1%), putting institutional ownership at 89.29%, but recent insider selling (~14,756 shares, $3.73M) and analyst price‑target cuts have contributed to near‑term selling pressure.

Virtus Wealth Solutions LLC raised its position in shares of MongoDB, Inc. (NASDAQ:MDB - Free Report) by 288.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,854 shares of the company's stock after acquiring an additional 5,089 shares during the period. MongoDB makes up approximately 0.5% of Virtus Wealth Solutions LLC's holdings, making the stock its 26th biggest holding. Virtus Wealth Solutions LLC's holdings in MongoDB were worth $2,877,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the stock. Cramer Rosenthal Mcglynn LLC boosted its holdings in shares of MongoDB by 897.7% in the third quarter. Cramer Rosenthal Mcglynn LLC now owns 57,795 shares of the company's stock valued at $17,938,000 after purchasing an additional 52,002 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its holdings in MongoDB by 1,277.1% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,219 shares of the company's stock worth $5,655,000 after purchasing an additional 16,896 shares during the period. Pacer Advisors Inc. increased its holdings in MongoDB by 209.0% during the 3rd quarter. Pacer Advisors Inc. now owns 4,549 shares of the company's stock worth $1,412,000 after purchasing an additional 3,077 shares during the period. Penserra Capital Management LLC raised its position in MongoDB by 42.1% during the 3rd quarter. Penserra Capital Management LLC now owns 135,036 shares of the company's stock valued at $41,910,000 after purchasing an additional 39,978 shares in the last quarter. Finally, Pinegrove Venture Partners LLC purchased a new stake in shares of MongoDB in the 3rd quarter worth $1,032,000. Hedge funds and other institutional investors own 89.29% of the company's stock.

MongoDB Trading Down 1.8%

Shares of MDB stock opened at $253.59 on Friday. MongoDB, Inc. has a twelve month low of $167.19 and a twelve month high of $444.72. The company's 50-day moving average price is $273.07 and its 200-day moving average price is $339.26. The stock has a market cap of $20.38 billion, a price-to-earnings ratio of -288.17 and a beta of 1.60.

MongoDB (NASDAQ:MDB - Get Free Report) last issued its quarterly earnings results on Monday, March 2nd. The company reported $1.65 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.47 by $0.18. MongoDB had a negative net margin of 2.89% and a negative return on equity of 1.03%. The company had revenue of $695.07 million during the quarter, compared to the consensus estimate of $669.40 million. During the same quarter in the previous year, the firm earned $1.28 earnings per share. The firm's quarterly revenue was up 26.8% on a year-over-year basis. As a group, equities research analysts predict that MongoDB, Inc. will post -0.46 EPS for the current year.

Analyst Ratings Changes

A number of research firms have recently issued reports on MDB. Bank of America dropped their price target on MongoDB from $400.00 to $350.00 and set an "underperform" rating on the stock in a research report on Wednesday. BMO Capital Markets reaffirmed an "outperform" rating and issued a $340.00 price objective (down from $400.00) on shares of MongoDB in a research report on Tuesday, March 3rd. Rosenblatt Securities reissued a "buy" rating and set a $425.00 price target on shares of MongoDB in a research report on Monday, March 2nd. Robert W. Baird restated a "neutral" rating and set a $260.00 price target (down from $500.00) on shares of MongoDB in a research report on Tuesday, March 3rd. Finally, Royal Bank Of Canada dropped their price objective on MongoDB from $500.00 to $395.00 and set an "outperform" rating on the stock in a report on Tuesday, March 3rd. Twenty-six research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $361.97.

Insider Activity

In other MongoDB news, Director Hope F. Cochran sold 1,566 shares of the business's stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $249.33, for a total value of $390,450.78. Following the transaction, the director directly owned 24,093 shares of the company's stock, valued at approximately $6,007,107.69. The trade was a 6.10% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Dwight A. Merriman sold 4,000 shares of the company's stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $252.33, for a total transaction of $1,009,320.00. Following the transaction, the director owned 476,896 shares of the company's stock, valued at approximately $120,335,167.68. The trade was a 0.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 14,756 shares of company stock valued at $3,734,893 over the last three months. Company insiders own 3.10% of the company's stock.

Trending Headlines about MongoDB

Here are the key news stories impacting MongoDB this week:

• Positive Sentiment: Announced a €74M Ireland expansion to boost engineering, AI development and add ~200 jobs — strengthens MongoDB’s capacity for AI product work and signals longer‑term revenue/innovation support. MongoDB Announces €74M Ireland Expansion (PR Newswire)
• Positive Sentiment: Expanded product leadership with two new chiefs for AI and core products — a targeted move to accelerate product development for AI workloads and Atlas growth. MongoDB Expands Product Leadership (Yahoo)
• Neutral Sentiment: Elevated options activity suggests traders are positioning for a bigger move in MDB, but options demand is ambiguous — it signals volatility potential rather than direction. Is the Options Market Predicting a Spike in MongoDB Stock? (Yahoo)
• Neutral Sentiment: Quarterly teardown compares MongoDB to peers — revenue growth and product positioning remain competitive, but relative performance depends on execution and margin leverage. Data Storage Stocks Q4 Teardown: MongoDB Vs The Rest (Yahoo)
• Negative Sentiment: Near‑term sentiment pressure from recent guidance reset, go‑to‑market leadership turnover and follow‑on analyst reductions has led to selling pressure and greater downside sensitivity. Analysis: MongoDB stock falls as investors digest guidance reset (QuiverQuant)
• Negative Sentiment: Bank of America cut its price target to $350 and maintained an "underperform" rating — an influential downgrade that can amplify outflows and reprice expectations. BofA Lowers Price Target on MongoDB (MarketScreener)
• Negative Sentiment: Continued insider selling and institutional rebalancing highlighted by recent data — a signal some investors interpret as reduced insider conviction and contributed to recent share weakness. Insider & institutional activity (QuiverQuant)

MongoDB Company 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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