Teachers Retirement System of The State of Kentucky Increases Position in MongoDB, Inc. $MDB

Teachers Retirement System of The State of Kentucky grew its stake in shares of MongoDB, Inc. (NASDAQ:MDB) by 13.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 58,504 shares of the company’s stock after purchasing an additional 7,072 shares during the quarter. Teachers Retirement System of The State of Kentucky owned approximately 0.07% of MongoDB worth $18,158,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC lifted its holdings in shares of MongoDB by 31.6% during the 1st quarter. Integrated Wealth Concepts LLC now owns 1,363 shares of the company’s stock valued at $239,000 after purchasing an additional 327 shares during the last quarter. NewEdge Advisors LLC boosted its stake in MongoDB by 55.0% during the 1st quarter. NewEdge Advisors LLC now owns 4,238 shares of the company’s stock worth $743,000 after purchasing an additional 1,504 shares during the last quarter. Sivia Capital Partners LLC purchased a new stake in shares of MongoDB in the second quarter valued at about $329,000. AlphaQuest LLC lifted its holdings in shares of MongoDB by 257.1% in the 2nd quarter. AlphaQuest LLC now owns 650 shares of the company’s stock worth $136,000 after acquiring an additional 468 shares during the last quarter. Finally, Arkadios Wealth Advisors purchased a new stake in MongoDB during the second quarter worth about $499,000. 89.29% of the stock is currently owned by institutional investors.

Insider Activity

In other MongoDB news, CAO Thomas Bull sold 555 shares of the stock in a transaction on Monday, December 8th. The shares were sold at an average price of $413.86, for a total value of $229,692.30. Following the completion of the sale, the chief accounting officer owned 10,784 shares in the company, valued at $4,463,066.24. This trade represents a 4.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Hope F. Cochran sold 1,566 shares of MongoDB 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 transaction, the director owned 25,659 shares of the company’s stock, valued at $10,824,249.15. This represents a 5.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 57,354 shares of company stock valued at $23,474,994. 3.10% of the stock is owned by company insiders.

MongoDB Stock Down 22.2%

Shares of MDB opened at $252.73 on Wednesday. MongoDB, Inc. has a 12 month low of $140.78 and a 12 month high of $444.72. The company’s fifty day moving average is $379.54 and its 200-day moving average is $352.01. The firm has a market cap of $20.57 billion, a price-to-earnings ratio of -287.19 and a beta of 1.40.

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

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. Argus upped their price objective on shares of MongoDB from $340.00 to $488.00 and gave the company a “buy” rating in a research note on Thursday, December 4th. Robert W. Baird reiterated a “neutral” rating and issued a $260.00 price objective (down from $500.00) on shares of MongoDB in a research report on Tuesday. BMO Capital Markets reaffirmed an “outperform” rating and issued a $340.00 price objective on shares of MongoDB in a research report on Tuesday. Needham & Company LLC decreased their target price on MongoDB from $500.00 to $300.00 and set a “buy” rating for the company in a report on Tuesday. Finally, Citizens Jmp upped their target price on shares of MongoDB from $435.00 to $475.00 and gave the company a “market outperform” rating in a research note on Tuesday, December 2nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, MongoDB currently has a consensus rating of “Moderate Buy” and a consensus price target of $357.82.

Key Stories Impacting MongoDB

Here are the key news stories impacting MongoDB this week:

• Positive Sentiment: Q4 results beat consensus: MongoDB posted $1.65 EPS vs. $1.47 expected and $695.1M revenue (vs. $669.4M est.), with Atlas revenue up ~29% and total revenue +27% YoY — underpins longer‑term growth thesis. Q4 Results PR
• Positive Sentiment: Many analysts remain constructive: Guggenheim reaffirmed a Buy ($475 PT), Rosenblatt kept a Buy ($425 PT) and Citigroup set a $400 target — shows institutional belief in MDB’s longer‑term upside despite near‑term noise. Guggenheim Reaffirm Rosenblatt Buy Citigroup PT
• Neutral Sentiment: Upcoming investor event: CEO CJ Desai and CFO Mike Berry are presenting at the Morgan Stanley TMT Conference (Mar 4) — opportunity for management to clarify strategy, guidance assumptions and cadence for Atlas/AI revenue. Conference Notice
• Negative Sentiment: Guidance disappointed short-term expectations: management’s near-term outlook and commentary about Atlas growth were read as muted, triggering a sharp selloff and heavy intraday volatility. That guidance shock is the primary reason shares fell. Reuters: Shares Plummet
• Negative Sentiment: Executive departures and shakeup: the exit of senior go‑to‑market executives contributed to investor nervousness about near‑term execution and was cited by several outlets as a factor amplifying the selloff. Seeking Alpha: Exec Shakeup
• Negative Sentiment: Broad analyst target cuts & downgrades: multiple firms cut price targets (UBS, Canaccord, UBS, Oppenheimer, Wedbush, others) and Zacks downgraded MDB from Strong Buy to Hold — increases short‑term sell pressure even as many still rate it Buy. Zacks Downgrade

About MongoDB

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.