MongoDB, Inc. $MDB Shares Sold by Quantbot Technologies LP

Quantbot Technologies LP lowered its stake in MongoDB, Inc. (NASDAQ:MDB) by 69.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,661 shares of the company’s stock after selling 17,205 shares during the period. Quantbot Technologies LP’s holdings in MongoDB were worth $2,378,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Vanguard Group Inc. raised its stake in MongoDB by 5.0% in the 3rd quarter. Vanguard Group Inc. now owns 8,985,697 shares of the company’s stock worth $2,788,981,000 after acquiring an additional 431,382 shares during the last quarter. State Street Corp raised its stake in shares of MongoDB by 5.0% in the second quarter. State Street Corp now owns 1,693,194 shares of the company’s stock worth $355,554,000 after purchasing an additional 80,334 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of MongoDB by 5.2% in the second quarter. Geode Capital Management LLC now owns 1,397,898 shares of the company’s stock worth $292,597,000 after purchasing an additional 68,611 shares during the last quarter. AQR Capital Management LLC lifted its holdings in shares of MongoDB by 2,567.2% during the second quarter. AQR Capital Management LLC now owns 1,111,647 shares of the company’s stock worth $233,435,000 after purchasing an additional 1,069,969 shares during the period. Finally, Primecap Management Co. CA boosted its position in MongoDB by 20.1% in the second quarter. Primecap Management Co. CA now owns 1,045,719 shares of the company’s stock valued at $219,591,000 after buying an additional 175,169 shares during the last quarter. 89.29% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, Director Roelof Botha sold 24,850 shares of MongoDB stock in a transaction on Friday, December 5th. The shares were sold at an average price of $405.85, for a total value of $10,085,372.50. Following the sale, the director owned 194,600 shares of the company’s stock, valued at approximately $78,978,410. This trade represents a 11.32% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Dwight A. Merriman sold 10,000 shares of the business’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $417.83, for a total transaction of $4,178,300.00. Following the completion of the sale, the director directly owned 1,041,316 shares of the company’s stock, valued at approximately $435,093,064.28. The trade was a 0.95% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 57,354 shares of company stock worth $23,474,994. Corporate insiders own 3.10% of the company’s stock.

Trending Headlines about MongoDB

Here are the key news stories impacting MongoDB this week:

• Positive Sentiment: Q4 results beat expectations — stronger-than-expected revenue, EPS and Atlas growth, improved margins and rising free cash flow provide a solid operational base that supports longer‑term growth thesis. PR Newswire: Q4 Results
• Positive Sentiment: Several analysts remain constructive on MDB’s long-term story (AI positioning, Atlas cloud product) and some firms kept buy/overweight ratings despite lowering price targets, signaling that many sell‑side analysts view the pullback as valuation resetting. MarketBeat: Buying Opportunity
• Neutral Sentiment: Management will present at the Morgan Stanley TMT conference (Mar 4), which could provide fresh color on Atlas trends, sales cadence and the leadership transition. Investors may watch that for clarification. PR Newswire: Conference
• Neutral Sentiment: Some commentators and analysts say the market reaction may be overblown given the strong quarter and multi‑year growth drivers; that view could support a stabilization if management reassures investors. Seeking Alpha: Reaction Overblown
• Negative Sentiment: Guidance and Atlas growth outlook disappointed investors — management’s forward commentary and near‑term guidance were viewed as muted relative to expectations, which is the primary driver of the selloff. Reuters: Guidance Reaction
• Negative Sentiment: Unexpected executive departures (senior go‑to‑market leaders) increased uncertainty about near‑term sales execution and exacerbated the stock drop. Blockonomi: Exec Departures
• Negative Sentiment: Widespread analyst price‑target cuts and at least one downgrade have amplified selling pressure; expect further volatility as sell‑side models are reworked. Benzinga: PT Cuts Summary
• Negative Sentiment: Heavy trading volume and rapid price decline increase the chance of short‑term technical weakness and institutional selling, even if fundamentals remain intact. Investopedia: Market Reaction

MongoDB Stock Down 22.2%

MDB stock opened at $252.73 on Wednesday. MongoDB, Inc. has a 52-week low of $140.78 and a 52-week high of $444.72. The firm has a market cap of $20.57 billion, a P/E ratio of -287.19 and a beta of 1.40. The company’s 50-day simple moving average is $379.54 and its 200-day simple moving average is $352.01.

MongoDB (NASDAQ:MDB) last released its quarterly earnings results on Monday, March 2nd. The company reported $1.65 earnings per share for the quarter, topping 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 company had revenue of $695.07 million during the quarter, compared to analysts’ expectations of $669.40 million. During the same quarter in the prior year, the firm posted $1.28 EPS. MongoDB’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 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

MDB has been the subject of a number of recent research reports. BMO Capital Markets reissued an “outperform” rating and set a $340.00 price target on shares of MongoDB in a research report on Tuesday. Barclays cut their price objective on shares of MongoDB from $440.00 to $370.00 and set an “overweight” rating on the stock in a research note on Tuesday. Stifel Nicolaus decreased their target price on shares of MongoDB from $450.00 to $330.00 and set a “buy” rating for the company in a research report on Tuesday. Monness Crespi & Hardt cut their price target on MongoDB from $475.00 to $370.00 and set a “buy” rating on the stock in a research report on Tuesday. Finally, Citigroup reduced their price objective on MongoDB from $435.00 to $400.00 and set a “buy” rating for the company in a research note on Tuesday. Two analysts have rated the stock with a Strong Buy rating, twenty-five 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 has a consensus rating of “Moderate Buy” and an average target price of $357.82.

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.