Lbp Am Sa Has $30.65 Million Holdings in MongoDB, Inc. $MDB

Lbp Am Sa lessened its stake in shares of MongoDB, Inc. (NASDAQ:MDB) by 9.2% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 98,737 shares of the company’s stock after selling 10,000 shares during the period. Lbp Am Sa’s holdings in MongoDB were worth $30,646,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in MDB. Integrated Wealth Concepts LLC increased its position in shares of MongoDB by 31.6% in the first quarter. Integrated Wealth Concepts LLC now owns 1,363 shares of the company’s stock worth $239,000 after purchasing an additional 327 shares during the period. NewEdge Advisors LLC grew its stake in MongoDB by 55.0% during the first quarter. NewEdge Advisors LLC now owns 4,238 shares of the company’s stock worth $743,000 after buying an additional 1,504 shares in the last quarter. Sivia Capital Partners LLC acquired a new stake in MongoDB during the second quarter worth about $329,000. Farther Finance Advisors LLC increased its holdings in MongoDB by 6.8% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,327 shares of the company’s stock valued at $279,000 after buying an additional 85 shares during the period. Finally, Public Employees Retirement System of Ohio raised its position in shares of MongoDB by 11.1% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 24,485 shares of the company’s stock valued at $5,142,000 after buying an additional 2,438 shares in the last quarter. 89.29% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on MDB. Rosenblatt Securities increased their price target on shares of MongoDB from $385.00 to $425.00 and gave the stock a “buy” rating in a research report on Tuesday, December 2nd. Oppenheimer restated an “outperform” rating on shares of MongoDB in a research note on Monday, January 5th. Sanford C. Bernstein raised their target price on MongoDB from $338.00 to $452.00 and gave the company an “outperform” rating in a report on Tuesday, December 2nd. Macquarie boosted their price target on MongoDB from $305.00 to $385.00 and gave the stock a “neutral” rating in a report on Tuesday, December 2nd. Finally, Guggenheim raised their price objective on MongoDB from $400.00 to $450.00 and gave the company a “buy” rating in a research note on Tuesday, December 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $422.29.

MongoDB Stock Down 1.5%

Shares of MDB stock opened at $398.69 on Monday. MongoDB, Inc. has a twelve month low of $140.78 and a twelve month high of $444.72. The stock’s fifty day simple moving average is $396.41 and its 200 day simple moving average is $327.25. The firm has a market capitalization of $32.45 billion, a P/E ratio of -458.26 and a beta of 1.38.

MongoDB (NASDAQ:MDB) last announced its quarterly earnings results on Monday, December 1st. The company reported $1.32 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.53. The firm had revenue of $628.31 million for 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 revenue for the quarter was up 18.7% on a year-over-year basis. During the same period last year, the firm 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. As a group, equities research analysts expect that MongoDB, Inc. will post -1.78 EPS for the current fiscal year.

Insider Buying and Selling at MongoDB

In other news, Director Hope F. Cochran sold 1,566 shares of the firm’s stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $421.85, for a total transaction of $660,617.10. Following the completion of the transaction, the director owned 25,659 shares of the company’s stock, valued at approximately $10,824,249.15. This trade represents a 5.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Thomas Bull sold 555 shares of MongoDB stock in a transaction on Monday, December 8th. The stock was sold at an average price of $413.86, for a total transaction of $229,692.30. Following the transaction, the chief accounting officer owned 10,784 shares in the company, valued at approximately $4,463,066.24. This trade represents a 4.89% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 78,162 shares of company stock valued at $31,004,092 in the last quarter. 3.10% of the stock is currently owned by corporate insiders.

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.