Union Bancaire Privee UBP SA trimmed its stake in shares of MongoDB, Inc. (NASDAQ:MDB – Free Report) by 12.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 43,972 shares of the company’s stock after selling 6,408 shares during the period. Union Bancaire Privee UBP SA owned about 0.05% of MongoDB worth $18,455,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also modified their holdings of MDB. Vanguard Group Inc. raised its holdings in MongoDB by 5.0% during the third quarter. Vanguard Group Inc. now owns 8,985,697 shares of the company’s stock worth $2,788,981,000 after purchasing an additional 431,382 shares during the last quarter. ValueAct Holdings L.P. boosted its position in MongoDB by 206.8% during the third quarter. ValueAct Holdings L.P. now owns 2,118,200 shares of the company’s stock worth $657,447,000 after purchasing an additional 1,427,700 shares in the last quarter. State Street Corp grew its holdings in MongoDB by 3.7% in the third quarter. State Street Corp now owns 1,756,628 shares of the company’s stock valued at $545,222,000 after purchasing an additional 63,434 shares during the last quarter. Amundi increased its position in shares of MongoDB by 61.3% in the third quarter. Amundi now owns 1,483,396 shares of the company’s stock valued at $477,550,000 after buying an additional 563,995 shares in the last quarter. Finally, Jericho Capital Asset Management L.P. increased its position in shares of MongoDB by 162.1% in the third quarter. Jericho Capital Asset Management L.P. now owns 1,378,540 shares of the company’s stock valued at $427,871,000 after buying an additional 852,540 shares in the last quarter. Institutional investors and hedge funds own 89.29% of the company’s stock.
Analysts Set New Price Targets
Several equities research analysts recently commented on the stock. UBS Group decreased their price objective on shares of MongoDB from $440.00 to $275.00 and set a “neutral” rating on the stock in a research report on Tuesday, March 3rd. KeyCorp reiterated a “sector weight” rating on shares of MongoDB in a research report on Tuesday, December 2nd. Macquarie Infrastructure raised their price objective on shares of MongoDB from $305.00 to $385.00 and gave the stock a “neutral” rating in a research note on Tuesday, December 2nd. Rosenblatt Securities reaffirmed a “buy” rating and issued a $425.00 target price on shares of MongoDB in a research note on Monday, March 2nd. Finally, Mizuho dropped their price target on MongoDB from $380.00 to $290.00 and set a “neutral” rating for the company in a research report on Tuesday, March 3rd. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, MongoDB has a consensus rating of “Moderate Buy” and a consensus price target of $354.18.
MongoDB Trading Up 0.6%
NASDAQ MDB opened at $270.16 on Friday. The business’s 50-day moving average price is $341.42 and its 200 day moving average price is $352.28. MongoDB, Inc. has a twelve month low of $140.78 and a twelve month high of $444.72. The company has a market capitalization of $21.99 billion, a PE ratio of -307.00 and a beta of 1.40.
MongoDB (NASDAQ:MDB – Get Free Report) last posted its quarterly earnings results on Monday, March 2nd. The company reported $1.65 EPS for the quarter, beating the consensus estimate of $1.47 by $0.18. The company had revenue of $695.07 million during the quarter, compared to analysts’ expectations of $669.40 million. MongoDB had a negative return on equity of 1.03% and a negative net margin of 2.89%.The firm’s revenue was up 26.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.28 EPS. Equities analysts predict that MongoDB, Inc. will post -1.78 EPS for the current year.
MongoDB News Summary
Here are the key news stories impacting MongoDB this week:
- Positive Sentiment: Unusually large call buying: market participants purchased roughly 36,130 call options (about a 2,077% jump versus normal daily call volume), indicating sizable bullish speculative or directional bets that can lift the shares if driven by conviction. MongoDB Target of Unusually Large Options Trading
- Positive Sentiment: Brokerage consensus/ABR trending bullish: recent write-ups note that the average brokerage recommendation favors investing in MDB, which can support buying interest (though publications caution these ratings are often optimistic). Brokers Suggest Investing in MongoDB (MDB): Read This Before Placing a Bet
- Positive Sentiment: Media/TV endorsement tailwind: Jim Cramer previously highlighted MDB as a top AI-related pick, a type of endorsement that can spur retail buying and attention; the stock has gained materially over the last year. Jim Cramer Recommended MongoDB (MDB) As a Trade In February 2025
- Neutral Sentiment: Options surge drawing index/market focus: coverage points out that the options activity on MDB has attracted attention to the Nasdaq composite; heightened visibility can amplify moves but doesn’t itself signal direction. MongoDB (NASDAQ:MDB) Options Surge Sparks Nasdaq Composite Focus
- Negative Sentiment: Large put purchases: investors bought about 23,831 put options (roughly a 2,157% rise vs. normal daily put volume), a signal of either hedging activity or directional bearish bets that can pressure the stock if downside conviction grows. Investors Buy Large Volume of Put Options on MongoDB (NASDAQ:MDB)
Insider Buying and Selling
In related news, Director Dwight A. Merriman sold 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, January 14th. The shares were sold at an average price of $407.70, for a total transaction of $4,077,000.00. Following the completion of the transaction, the director owned 1,031,316 shares of the company’s stock, valued at approximately $420,467,533.20. This represents a 0.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders have sold a total of 19,383 shares of company stock worth $7,910,983 over the last ninety days. Corporate insiders own 3.10% of the company’s stock.
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.
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