MongoDB (NASDAQ:MDB) Stock Acquired Rep. Gilbert Ray Cisneros, Jr.

Key Points

• Representative Gilbert Ray Cisneros, Jr. purchased shares of MongoDB, Inc. for between $1,001 and $15,000 on September 12th, as disclosed on October 10th.
• MongoDB's stock has seen a decline of 1.7%, trading around $313.81, with a market capitalization of $25.53 billion.
• Recent quarterly earnings revealed a loss of ($0.38) per share, significantly missing analysts' expectations, although revenue increased 23.7% year-over-year.

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of MongoDB, Inc. (NASDAQ:MDB). In a filing disclosed on October 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in MongoDB stock on September 12th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of StandardAero NYSE: SARO on 10/1/2025.
• Sold $1,001 - $15,000 in shares of Amdocs NASDAQ: DOX on 10/1/2025.
• Purchased $1,001 - $15,000 in shares of Waters NYSE: WAT on 9/30/2025.
• Sold $15,001 - $50,000 in shares of Fortive NYSE: FTV on 9/30/2025.
• Purchased $1,001 - $15,000 in shares of StandardAero NYSE: SARO on 9/30/2025.
• Purchased $1,001 - $15,000 in shares of APi Group NYSE: APG on 9/30/2025.
• Sold $1,001 - $15,000 in shares of GoDaddy NYSE: GDDY on 9/30/2025.
• Purchased $1,001 - $15,000 in shares of PTC NASDAQ: PTC on 9/30/2025.
• Purchased $1,001 - $15,000 in shares of CoStar Group NASDAQ: CSGP on 9/30/2025.
• Purchased $1,001 - $15,000 in shares of Mitsubishi Heavy Industries OTCMKTS: MHVYF on 9/30/2025.

MongoDB Trading Down 1.7%

Shares of MDB traded down $5.40 during trading hours on Tuesday, reaching $313.81. The stock had a trading volume of 972,031 shares, compared to its average volume of 2,452,507. The firm has a 50-day simple moving average of $287.47 and a 200 day simple moving average of $226.44. MongoDB, Inc. has a 12 month low of $140.78 and a 12 month high of $370.00. The company has a market capitalization of $25.53 billion, a price-to-earnings ratio of -320.21 and a beta of 1.50.

MongoDB (NASDAQ:MDB - Get Free Report) last released its quarterly earnings data on Tuesday, August 26th. The company reported ($0.38) earnings per share for the quarter, missing analysts' consensus estimates of $0.66 by ($1.04). The business had revenue of $591.40 million during the quarter, compared to the consensus estimate of $553.23 million. MongoDB had a negative net margin of 3.54% and a negative return on equity of 1.67%. The firm's quarterly revenue was up 23.7% on a year-over-year basis. During the same period last year, the business posted $0.70 earnings per share. MongoDB has set its FY 2026 guidance at 3.640-3.730 EPS. Q3 2026 guidance at 0.760-0.790 EPS. On average, equities analysts forecast that MongoDB, Inc. will post -1.78 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the business. Cloud Capital Management LLC bought a new position in shares of MongoDB in the first quarter worth $25,000. Hollencrest Capital Management purchased a new stake in MongoDB during the 1st quarter worth about $26,000. Cullen Frost Bankers Inc. boosted its stake in MongoDB by 315.8% in the 1st quarter. Cullen Frost Bankers Inc. now owns 158 shares of the company's stock worth $28,000 after purchasing an additional 120 shares during the period. Montag A & Associates Inc. grew its holdings in MongoDB by 144.3% during the 2nd quarter. Montag A & Associates Inc. now owns 171 shares of the company's stock valued at $36,000 after buying an additional 101 shares in the last quarter. Finally, Promus Capital LLC bought a new stake in shares of MongoDB during the second quarter valued at about $36,000. 89.29% of the stock is owned by institutional investors.

Insider Transactions at MongoDB

In related news, Director Peter Thomas Killalea sold 20,000 shares of the business's stock in a transaction that occurred on Tuesday, September 23rd. The shares were sold at an average price of $321.87, for a total transaction of $6,437,400.00. Following the completion of the transaction, the director owned 32,293 shares of the company's stock, valued at approximately $10,394,147.91. The trade was a 38.25% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Thomas Bull sold 1,000 shares of the company's stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $326.25, for a total transaction of $326,250.00. Following the sale, the chief accounting officer directly owned 11,598 shares in the company, valued at $3,783,847.50. This trade represents a 7.94% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 106,163 shares of company stock valued at $31,862,322. Company insiders own 3.10% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on MDB. Cantor Fitzgerald increased their price objective on MongoDB from $312.00 to $406.00 and gave the stock an "overweight" rating in a research note on Thursday, September 18th. Rosenblatt Securities reissued a "buy" rating and set a $290.00 price target on shares of MongoDB in a research report on Friday, August 22nd. Oppenheimer upped their price objective on shares of MongoDB from $325.00 to $385.00 and gave the stock an "outperform" rating in a research report on Thursday, September 18th. JMP Securities lifted their target price on shares of MongoDB from $345.00 to $375.00 and gave the stock a "market outperform" rating in a research report on Friday, September 19th. Finally, Guggenheim upped their target price on MongoDB from $310.00 to $400.00 and gave the company a "buy" rating in a report on Monday, September 15th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $342.69.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election. Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About MongoDB

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.

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