Hudson Bay Capital Management LP Grows Holdings in MongoDB, Inc. $MDB

Hudson Bay Capital Management LP boosted its position in shares of MongoDB, Inc. (NASDAQ:MDB) by 4,422.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 40,203 shares of the company’s stock after acquiring an additional 39,314 shares during the period. Hudson Bay Capital Management LP’s holdings in MongoDB were worth $12,478,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Huntington National Bank boosted its position in shares of MongoDB by 110.9% in the third quarter. Huntington National Bank now owns 97 shares of the company’s stock worth $30,000 after purchasing an additional 51 shares during the period. Promus Capital LLC bought a new stake in shares of MongoDB during the 2nd quarter valued at $36,000. TD Private Client Wealth LLC raised its position in shares of MongoDB by 2,825.0% during the 3rd quarter. TD Private Client Wealth LLC now owns 117 shares of the company’s stock valued at $36,000 after purchasing an additional 113 shares during the period. Hollencrest Capital Management purchased a new position in shares of MongoDB during the 3rd quarter valued at $37,000. Finally, Westside Investment Management Inc. boosted its holdings in MongoDB by 82.1% in the 3rd quarter. Westside Investment Management Inc. now owns 122 shares of the company’s stock worth $39,000 after buying an additional 55 shares during the period. Hedge funds and other institutional investors own 89.29% of the company’s stock.

MongoDB Stock Up 0.6%

Shares of MDB stock opened at $270.16 on Friday. The company’s fifty day simple moving average is $341.42 and its two-hundred day simple moving average is $352.28. 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 $21.99 billion, a P/E ratio of -307.00 and a beta of 1.40.

MongoDB (NASDAQ:MDB) last issued its quarterly earnings data on Monday, March 2nd. The company reported $1.65 earnings per share for the quarter, beating analysts’ consensus estimates of $1.47 by $0.18. MongoDB had a negative return on equity of 1.03% and a negative net margin of 2.89%.The firm had revenue of $695.07 million during the quarter, compared to analyst estimates of $669.40 million. During the same quarter last year, the business posted $1.28 earnings per share. The business’s quarterly revenue was up 26.8% compared to the same quarter last year. On average, analysts anticipate that MongoDB, Inc. will post -1.78 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on MDB. Sanford C. Bernstein lowered MongoDB from an “outperform” rating to a “market perform” rating in a research note on Tuesday, March 3rd. UBS Group lowered their price objective on MongoDB from $440.00 to $275.00 and set a “neutral” rating on the stock in a research report on Tuesday, March 3rd. Canaccord Genuity Group dropped their price objective on MongoDB from $455.00 to $375.00 and set a “buy” rating for the company in a research note on Tuesday, March 3rd. Mizuho cut their target price on MongoDB from $380.00 to $290.00 and set a “neutral” rating for the company in a research report on Tuesday, March 3rd. Finally, Guggenheim reissued a “buy” rating and set a $475.00 target price on shares of MongoDB in a research note on Tuesday, March 3rd. One analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $354.18.

Insider Buying and Selling

In other MongoDB news, Director Dwight A. Merriman sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, January 14th. The stock was 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 in the company, valued at $420,467,533.20. This trade represents a 0.96% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders sold 19,383 shares of company stock worth $7,910,983 over the last three months. 3.10% of the stock is currently owned by corporate insiders.

Trending Headlines about MongoDB

Here are the key news stories impacting MongoDB this week:

• Positive Sentiment: Brokerage/analyst sentiment tilts bullish — several media writeups note the average brokerage recommendation is to “invest” in MDB, signaling renewed sell‑side optimism that can support buying demand. Brokers Suggest Investing in MongoDB (MDB)
• Positive Sentiment: High‑profile media endorsement — Jim Cramer has previously highlighted MDB as a top AI/data‑infrastructure name, which tends to boost retail interest and flows when reiterated. Jim Cramer Recommended MongoDB (MDB) As a Trade In February 2025
• Positive Sentiment: Large call buying — traders purchased an unusually high number of call options (roughly 36,130 calls, a >2,000% jump versus normal), indicating some market participants are positioned for upside. MongoDB Target of Unusually Large Options Trading (NASDAQ:MDB)
• Neutral Sentiment: Options surge is drawing broader market attention — coverage notes the activity is putting a spotlight on MDB within the Nasdaq complex; useful for volatility but not a clear directional signal by itself. MongoDB (NASDAQ:MDB) Options Surge Sparks Nasdaq Composite Focus
• Neutral Sentiment: Mixed large options flow — both calls and puts surged (calls up ~2,077%, puts up ~2,157%), suggesting a mix of directional bets and hedging by institutions; expect elevated implied volatility and wider intraday swings. MongoDB Target of Unusually Large Options Trading (NASDAQ:MDB)
• Negative Sentiment: Heavy put buying signals bearish positioning or hedges — roughly 23,831 puts were bought (a >2,100% increase), which could reflect downside protection or speculative bearish bets that increase near‑term downside risk. Investors Buy Large Volume of Put Options on MongoDB (NASDAQ:MDB)

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.