Global Retirement Partners LLC Boosts Position in MongoDB, Inc. $MDB

Global Retirement Partners LLC increased its stake in shares of MongoDB, Inc. (NASDAQ:MDB) by 1,994.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,549 shares of the company’s stock after purchasing an additional 5,284 shares during the period. Global Retirement Partners LLC’s holdings in MongoDB were worth $1,722,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of MDB. Taylor Frigon Capital Management LLC raised its position in shares of MongoDB by 1.4% in the 3rd quarter. Taylor Frigon Capital Management LLC now owns 10,501 shares of the company’s stock worth $3,259,000 after buying an additional 140 shares during the period. True Wealth Design LLC raised its holdings in shares of MongoDB by 85.0% in the 3rd quarter. True Wealth Design LLC now owns 383 shares of the company’s stock worth $119,000 after purchasing an additional 176 shares during the period. Allspring Global Investments Holdings LLC lifted its stake in shares of MongoDB by 170.7% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 9,080 shares of the company’s stock valued at $2,919,000 after purchasing an additional 5,726 shares in the last quarter. Forefront Wealth Partners LLC purchased a new position in MongoDB in the third quarter valued at approximately $308,000. Finally, Ascent Group LLC raised its holdings in MongoDB by 13.4% in the third quarter. Ascent Group LLC now owns 1,093 shares of the company’s stock valued at $339,000 after buying an additional 129 shares during the period. 89.29% of the stock is currently owned by hedge funds and other institutional investors.

More MongoDB News

Here are the key news stories impacting MongoDB this week:

• Positive Sentiment: Multiple firms raised targets and reiterated buy ratings, increasing upside expectations and supporting the rally. RBC raises target
• Positive Sentiment: Oppenheimer raised its price target to $490 (from $450), signaling continued analyst confidence in MongoDB’s growth trajectory. Oppenheimer raises target
• Positive Sentiment: Needham raised its target to $500 and added MDB to a conviction list, an explicit bullish signal that may attract institutional flows. Needham upgrade
• Positive Sentiment: Consensus / brokerage coverage remains constructive (consensus “Moderate Buy”), reinforcing demand from analysts after MongoDB’s recent beat and FY guidance. Brokerage consensus
• Neutral Sentiment: Coverage roundups and analyst commentaries (37-analyst overview / Benzinga summary) increase visibility but mostly repeat existing bullish views. Analyst roundup
• Neutral Sentiment: Articles noting large intraday moves and Nasdaq-100 composition/impact raise attention; these can amplify volatility around rebalancing windows but are not direct fundamentals. Nasdaq 100 composition
• Neutral Sentiment: News pieces summarizing the stock’s strong intraday moves help momentum but don’t add new catalyst information. Market movers write-up
• Negative Sentiment: A director (Dwight A. Merriman) sold 1,054 shares (~1.26% reduction in his holding), disclosed via SEC Form 4 — a small insider sale that some investors may view negatively but appears minor relative to his total stake. Insider sale filing

Analyst Ratings Changes

Several research firms have commented on MDB. Raymond James Financial assumed coverage on MongoDB in a research report on Monday, December 15th. They issued a “market perform” rating on the stock. Royal Bank Of Canada boosted their price target on MongoDB from $450.00 to $500.00 and gave the stock an “outperform” rating in a research report on Monday. Citigroup upped their price target on MongoDB from $440.00 to $525.00 and gave the stock a “buy” rating in a report on Wednesday, December 3rd. Cantor Fitzgerald boosted their target price on shares of MongoDB from $406.00 to $454.00 and gave the stock an “overweight” rating in a research report on Tuesday, December 2nd. Finally, UBS Group lifted their price target on shares of MongoDB from $330.00 to $440.00 and gave the stock a “neutral” rating in a research note on Tuesday, December 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $416.97.

MongoDB Trading Up 3.6%

MDB stock opened at $435.86 on Wednesday. The firm has a market cap of $35.47 billion, a P/E ratio of -500.99 and a beta of 1.38. The stock’s 50 day simple moving average is $384.76 and its 200 day simple moving average is $309.50. MongoDB, Inc. has a 12-month low of $140.78 and a 12-month high of $440.67.

MongoDB (NASDAQ:MDB) last issued its earnings results on Monday, December 1st. The company reported $1.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.79 by $0.53. MongoDB had a negative net margin of 3.06% and a negative return on equity of 1.12%. The company had revenue of $628.31 million for the quarter, compared to analysts’ expectations of $592.98 million. During the same period in the prior year, the company earned $1.16 earnings per share. The firm’s revenue was up 18.7% compared to the same quarter last year. MongoDB has set its Q4 2026 guidance at 1.440-1.480 EPS and its FY 2026 guidance at 4.760-4.800 EPS. On average, research analysts forecast that MongoDB, Inc. will post -1.78 EPS for the current fiscal year.

Insider Buying and Selling at MongoDB

In related news, Director Hope F. Cochran sold 1,566 shares of the firm’s stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $421.85, for a total value of $660,617.10. Following the sale, the director owned 25,659 shares of the company’s stock, valued at approximately $10,824,249.15. This trade represents a 5.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Thomas Bull sold 555 shares of the company’s stock in a transaction on Monday, December 8th. The stock was sold at an average price of $413.86, for a total value of $229,692.30. Following the transaction, the chief accounting officer owned 10,784 shares of the company’s stock, valued at approximately $4,463,066.24. The trade was a 4.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 81,023 shares of company stock worth $30,382,587. Corporate insiders own 3.10% of the company’s stock.

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.