MongoDB, Inc. $MDB Shares Bought by Penserra Capital Management LLC

Penserra Capital Management LLC raised its holdings in shares of MongoDB, Inc. (NASDAQ:MDB) by 36.0% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 95,058 shares of the company’s stock after acquiring an additional 25,168 shares during the quarter. Penserra Capital Management LLC owned approximately 0.12% of MongoDB worth $19,959,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the business. Vanguard Group Inc. lifted its stake in MongoDB by 6.6% during the first quarter. Vanguard Group Inc. now owns 7,809,768 shares of the company’s stock worth $1,369,833,000 after purchasing an additional 481,023 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in MongoDB by 11.3% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,271,444 shares of the company’s stock worth $223,011,000 after purchasing an additional 129,451 shares in the last quarter. Amundi raised its holdings in MongoDB by 53.0% during the first quarter. Amundi now owns 1,061,457 shares of the company’s stock worth $173,378,000 after purchasing an additional 367,717 shares in the last quarter. Jericho Capital Asset Management L.P. purchased a new stake in shares of MongoDB during the 1st quarter worth approximately $161,543,000. Finally, Primecap Management Co. CA lifted its position in shares of MongoDB by 863.5% during the 1st quarter. Primecap Management Co. CA now owns 870,550 shares of the company’s stock worth $152,694,000 after buying an additional 780,200 shares during the last quarter. Hedge funds and other institutional investors own 89.29% of the company’s stock.

Insider Buying and Selling

In other MongoDB news, Director Dwight A. Merriman sold 4,000 shares of the business’s stock in a transaction on Monday, October 27th. The shares were sold at an average price of $345.00, for a total value of $1,380,000.00. Following the transaction, the director directly owned 1,065,316 shares of the company’s stock, valued at approximately $367,534,020. The trade was a 0.37% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Charles M. Hazard, Jr. sold 833 shares of the company’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $383.72, for a total transaction of $319,638.76. Following the transaction, the director owned 45,700 shares of the company’s stock, valued at approximately $17,536,004. The trade was a 1.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 108,492 shares of company stock worth $34,213,359 over the last three months. 3.10% of the stock is owned by company insiders.

MongoDB Stock Performance

Shares of MDB opened at $361.04 on Friday. MongoDB, Inc. has a fifty-two week low of $140.78 and a fifty-two week high of $385.44. The firm has a 50-day simple moving average of $328.09 and a 200-day simple moving average of $249.32. The company has a market capitalization of $29.37 billion, a price-to-earnings ratio of -368.41 and a beta of 1.52.

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

Wall Street Analysts Forecast Growth

MDB has been the topic of several research analyst reports. Royal Bank Of Canada lifted their price target on shares of MongoDB from $350.00 to $405.00 and gave the stock an “outperform” rating in a research note on Tuesday. Citizens Jmp raised their price objective on MongoDB from $375.00 to $435.00 and gave the stock a “market outperform” rating in a report on Tuesday. Macquarie lifted their target price on MongoDB from $265.00 to $305.00 and gave the stock a “neutral” rating in a research report on Thursday, September 18th. Stifel Nicolaus set a $375.00 target price on MongoDB in a report on Tuesday. Finally, The Goldman Sachs Group raised their price target on MongoDB from $325.00 to $370.00 and gave the stock a “buy” rating in a research note on Thursday, September 18th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $354.97.

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.