Stock Traders Buy Large Volume of MongoDB Call Options (NASDAQ:MDB)

MongoDB, Inc. (NASDAQ:MDB) was the recipient of unusually large options trading on Wednesday. Stock investors acquired 36,130 call options on the company. This is an increase of approximately 2,077% compared to the typical daily volume of 1,660 call options.

MongoDB Trading Up 7.4%

MDB stock traded up $18.46 during mid-day trading on Thursday, hitting $266.47. The stock had a trading volume of 1,960,354 shares, compared to its average volume of 2,025,698. MongoDB has a 1-year low of $140.78 and a 1-year high of $444.72. The company has a fifty day moving average of $375.80 and a 200 day moving average of $351.28. The stock has a market capitalization of $21.69 billion, a price-to-earnings ratio of -302.81 and a beta of 1.40.

MongoDB (NASDAQ:MDB) last announced 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. MongoDB had a negative return on equity of 1.03% and a negative net margin of 2.89%.The business had revenue of $695.07 million during the quarter, compared to analysts’ expectations of $669.40 million. During the same quarter in the previous year, the business posted $1.28 EPS. The firm’s quarterly revenue was up 26.8% compared to the same quarter last year. As a group, sell-side analysts expect that MongoDB will post -1.78 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, CAO Thomas Bull sold 555 shares of MongoDB stock in a transaction that occurred 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 transaction, the chief accounting officer directly owned 10,784 shares of the company’s stock, valued at $4,463,066.24. This trade represents a 4.89% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Roelof Botha sold 24,850 shares of the business’s stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $405.85, for a total transaction of $10,085,372.50. Following the sale, the director owned 194,600 shares in the company, valued at $78,978,410. This represents a 11.32% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 57,354 shares of company stock worth $23,474,994 in the last quarter. 3.10% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Cornerstone Planning Group LLC lifted its stake in shares of MongoDB by 1,220.0% in the 4th quarter. Cornerstone Planning Group LLC now owns 66 shares of the company’s stock valued at $27,000 after purchasing an additional 61 shares during the last quarter. Central Pacific Bank Trust Division bought a new position in MongoDB during the fourth quarter valued at about $28,000. Huntington National Bank lifted 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 buying an additional 51 shares during the last quarter. International Assets Investment Management LLC bought a new stake in shares of MongoDB during the 4th quarter worth about $33,000. Finally, Montag A & Associates Inc. boosted its stake in shares of MongoDB by 144.3% during the 2nd quarter. Montag A & Associates Inc. now owns 171 shares of the company’s stock worth $36,000 after acquiring an additional 101 shares in the last quarter. Institutional investors and hedge funds own 89.29% of the company’s stock.

Trending Headlines about MongoDB

Here are the key news stories impacting MongoDB this week:

• Positive Sentiment: Scotiabank upgraded MDB to “sector outperform” and raised its price target to $310 (from $275), signaling buy-side interest after the recent drop. Scotiabank upgrade (Benzinga)
• Positive Sentiment: Several firms reaffirmed or kept bullish ratings despite cuts to targets — e.g., Citigroup set a $400 target and Rosenblatt reaffirmed a buy — supporting demand from longer‑term holders. Citigroup $400 target
• Neutral Sentiment: Unusually heavy options activity: huge spikes in both call (≈36,130) and put (≈23,831) volume — suggests traders are positioning for big moves or hedging, increasing near‑term volatility but ambiguous directional signal.
• Neutral Sentiment: Management and investor outreach: MongoDB presented at the Morgan Stanley TMT conference (management visibility can help clarify guidance and sell‑side assumptions). Morgan Stanley presentation transcript (Seeking Alpha)
• Negative Sentiment: FY27 guidance and management shakeup drove the initial selloff: despite Q4 revenue/EPS beats and Atlas growth, management issued muted near‑term profit guidance and announced go‑to‑market leadership changes, which spooked investors and triggered a sharp drop. Guidance miss / stock plunge (Reuters)
• Negative Sentiment: Multiple analysts cut price targets or lowered expectations (UBS, Canaccord, Goldman trimmed targets; Barclays and others issued cautious notes), increasing short‑term selling pressure and analyst uncertainty. Analyst target changes summary (AmericanBankingNews)

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on MDB. Weiss Ratings restated a “sell (d-)” rating on shares of MongoDB in a report on Monday, December 29th. Citigroup dropped their price target on MongoDB from $435.00 to $400.00 and set a “buy” rating on the stock in a research report on Tuesday. Monness Crespi & Hardt decreased their price objective on MongoDB from $475.00 to $370.00 and set a “buy” rating for the company in a research report on Tuesday. Wells Fargo & Company lowered their target price on MongoDB from $450.00 to $375.00 and set an “overweight” rating on the stock in a research note on Tuesday. Finally, Scotiabank upgraded MongoDB from a “sector perform” rating to a “sector outperform” rating and upped their target price for the company from $275.00 to $310.00 in a report on Thursday. One 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 assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $354.18.

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.