Fjarde AP Fonden Fourth Swedish National Pension Fund Purchases 2,800 Shares of MongoDB, Inc. $MDB

Fjarde AP Fonden Fourth Swedish National Pension Fund grew its position in shares of MongoDB, Inc. (NASDAQ:MDB) by 17.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,487 shares of the company’s stock after buying an additional 2,800 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in MongoDB were worth $3,882,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of MDB. Janney Montgomery Scott LLC bought a new position in shares of MongoDB during the 1st quarter valued at $458,000. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of MongoDB by 4.0% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 7,748 shares of the company’s stock valued at $1,359,000 after buying an additional 298 shares during the period. Sumitomo Mitsui Trust Group Inc. lifted its holdings in shares of MongoDB by 8.2% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 211,534 shares of the company’s stock valued at $37,103,000 after buying an additional 16,091 shares during the period. KBC Group NV lifted its holdings in shares of MongoDB by 20.4% during the 1st quarter. KBC Group NV now owns 21,766 shares of the company’s stock valued at $3,818,000 after buying an additional 3,687 shares during the period. Finally, Amalgamated Bank lifted its holdings in shares of MongoDB by 10.3% during the 1st quarter. Amalgamated Bank now owns 5,197 shares of the company’s stock valued at $912,000 after buying an additional 484 shares during the period. 89.29% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

MDB has been the topic of several research analyst reports. Wall Street Zen raised MongoDB from a “hold” rating to a “buy” rating in a report on Sunday, October 26th. Scotiabank raised their target price on MongoDB from $280.00 to $320.00 and gave the stock a “sector perform” rating in a report on Friday, September 19th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $350.00 target price on shares of MongoDB in a report on Thursday, September 18th. Stifel Nicolaus raised their target price on MongoDB from $325.00 to $375.00 and gave the stock a “buy” rating in a report on Thursday, September 18th. Finally, Cantor Fitzgerald raised their target price on MongoDB from $312.00 to $406.00 and gave the stock an “overweight” rating in a report on Thursday, September 18th. Two analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $342.69.

MongoDB Stock Up 2.1%

NASDAQ:MDB opened at $347.54 on Friday. The business’s 50-day simple moving average is $316.68 and its two-hundred day simple moving average is $240.95. The stock has a market cap of $28.28 billion, a PE ratio of -354.63 and a beta of 1.50. MongoDB, Inc. has a 52 week low of $140.78 and a 52 week high of $370.00.

MongoDB (NASDAQ:MDB) last posted its quarterly earnings results on Tuesday, August 26th. The company reported ($0.38) EPS for the quarter, missing analysts’ consensus estimates of $0.66 by ($1.04). The business had revenue of $591.40 million for 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%. MongoDB’s revenue was up 23.7% compared to the same quarter last year. During the same period in the prior year, the business earned $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. Sell-side analysts anticipate that MongoDB, Inc. will post -1.78 earnings per share for the current fiscal year.

Insider Buying and Selling at MongoDB

In other MongoDB news, Director Peter Thomas Killalea sold 20,000 shares of the firm’s stock in a transaction dated Tuesday, September 23rd. The stock was sold at an average price of $321.87, for a total transaction of $6,437,400.00. Following the sale, the director directly owned 32,293 shares of the company’s stock, valued at $10,394,147.91. This trade represents a 38.25% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Hope F. Cochran sold 1,174 shares of the firm’s stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $327.93, for a total value of $384,989.82. Following the sale, the director directly owned 24,308 shares in the company, valued at approximately $7,971,322.44. This represents a 4.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 107,493 shares of company stock valued at $33,830,023. 3.10% of the stock is currently owned by corporate insiders.

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.