GSA Capital Partners LLP Purchases New Shares in MongoDB, Inc. $MDB

GSA Capital Partners LLP purchased a new position in MongoDB, Inc. (NASDAQ:MDB) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,284 shares of the company’s stock, valued at approximately $1,330,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in MDB. AQR Capital Management LLC grew its stake in shares of MongoDB by 2,567.2% in the second quarter. AQR Capital Management LLC now owns 1,111,647 shares of the company’s stock worth $233,435,000 after acquiring an additional 1,069,969 shares during the last quarter. Norges Bank purchased a new stake in MongoDB during the 2nd quarter valued at about $164,338,000. Vanguard Group Inc. increased its stake in MongoDB by 9.5% during the 2nd quarter. Vanguard Group Inc. now owns 8,554,315 shares of the company’s stock valued at $1,796,321,000 after purchasing an additional 744,547 shares in the last quarter. Voya Investment Management LLC raised its holdings in MongoDB by 503.1% in the third quarter. Voya Investment Management LLC now owns 716,779 shares of the company’s stock worth $222,474,000 after buying an additional 597,937 shares during the last quarter. Finally, Acadian Asset Management LLC grew its holdings in shares of MongoDB by 83.8% during the second quarter. Acadian Asset Management LLC now owns 1,033,531 shares of the company’s stock valued at $217,009,000 after buying an additional 471,341 shares during the last quarter. Hedge funds and other institutional investors own 89.29% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on MDB shares. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of MongoDB in a research report on Monday, December 29th. Barclays upped their price target on MongoDB from $415.00 to $480.00 and gave the company an “overweight” rating in a report on Monday, January 12th. Robert W. Baird lifted their price objective on MongoDB from $335.00 to $500.00 and gave the stock an “outperform” rating in a report on Tuesday, December 2nd. KeyCorp reissued a “sector weight” rating on shares of MongoDB in a research report on Tuesday, December 2nd. Finally, Raymond James Financial assumed coverage on MongoDB in a research note on Monday, December 15th. They issued a “market perform” rating on the stock. Two analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, MongoDB presently has an average rating of “Moderate Buy” and a consensus target price of $422.97.

Insider Activity at MongoDB

In other news, Director Hope F. Cochran sold 1,566 shares of the company’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 transaction of $660,617.10. Following the sale, the director directly owned 25,659 shares of the company’s stock, valued at $10,824,249.15. This represents a 5.75% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Roelof Botha sold 24,850 shares of MongoDB stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $405.85, for a total value of $10,085,372.50. Following the completion of the transaction, the director owned 194,600 shares of the company’s stock, valued at approximately $78,978,410. This represents a 11.32% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 62,353 shares of company stock valued at $25,440,798. Insiders own 3.10% of the company’s stock.

MongoDB Stock Up 2.5%

NASDAQ:MDB opened at $363.07 on Thursday. The business’s 50-day simple moving average is $398.45 and its two-hundred day simple moving average is $344.58. MongoDB, Inc. has a 52 week low of $140.78 and a 52 week high of $444.72. The stock has a market cap of $29.55 billion, a PE ratio of -417.32 and a beta of 1.38.

MongoDB (NASDAQ:MDB) last released its quarterly earnings data 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. The firm had revenue of $628.31 million during the quarter, compared to analyst estimates of $592.98 million. MongoDB had a negative return on equity of 1.12% and a negative net margin of 3.06%.The business’s quarterly revenue was up 18.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.16 earnings per share. MongoDB has set its Q4 2026 guidance at 1.440-1.480 EPS and its FY 2026 guidance at 4.760-4.800 EPS. Sell-side analysts anticipate that MongoDB, Inc. will post -1.78 earnings per share for the current fiscal year.

MongoDB 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.