Banco Bilbao Vizcaya Argentaria S.A. Buys 4,217 Shares of MongoDB, Inc. $MDB

Banco Bilbao Vizcaya Argentaria S.A. lifted its stake in shares of MongoDB, Inc. (NASDAQ:MDB) by 100.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 8,436 shares of the company’s stock after acquiring an additional 4,217 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in MongoDB were worth $1,491,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Vanguard Group Inc. grew its stake in shares of MongoDB by 6.6% during the 1st quarter. Vanguard Group Inc. now owns 7,809,768 shares of the company’s stock valued at $1,369,833,000 after acquiring an additional 481,023 shares during the period. Primecap Management Co. CA grew its stake in shares of MongoDB by 863.5% during the 1st quarter. Primecap Management Co. CA now owns 870,550 shares of the company’s stock valued at $152,694,000 after acquiring an additional 780,200 shares during the period. Westfield Capital Management Co. LP bought a new position in shares of MongoDB during the 1st quarter valued at approximately $128,706,000. American Century Companies Inc. grew its stake in shares of MongoDB by 6.9% during the 1st quarter. American Century Companies Inc. now owns 732,463 shares of the company’s stock valued at $128,474,000 after acquiring an additional 47,567 shares during the period. Finally, Deutsche Bank AG grew its stake in shares of MongoDB by 134.6% during the 1st quarter. Deutsche Bank AG now owns 690,774 shares of the company’s stock valued at $121,162,000 after acquiring an additional 396,311 shares during the period. 89.29% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

MDB has been the subject of a number of recent research reports. UBS Group boosted their price objective on MongoDB from $213.00 to $240.00 and gave the company a “neutral” rating in a research note on Thursday, June 5th. Monness Crespi & Hardt upgraded MongoDB from a “neutral” rating to a “buy” rating and set a $295.00 price target for the company in a research note on Thursday, June 5th. Piper Sandler upped their price target on MongoDB from $200.00 to $275.00 and gave the stock an “overweight” rating in a research note on Thursday, June 5th. Wedbush restated an “outperform” rating and issued a $300.00 price target on shares of MongoDB in a research note on Thursday, June 5th. Finally, Bank of America upped their price target on MongoDB from $215.00 to $275.00 and gave the stock a “buy” rating in a research note on Thursday, June 5th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $283.46.

MongoDB Trading Up 3.3%

MDB opened at $219.06 on Friday. MongoDB, Inc. has a 12-month low of $140.78 and a 12-month high of $370.00. The business’s fifty day simple moving average is $216.04 and its 200-day simple moving average is $207.62. The company has a market capitalization of $17.90 billion, a price-to-earnings ratio of -192.16 and a beta of 1.44.

MongoDB (NASDAQ:MDB) last issued its quarterly earnings data on Wednesday, June 4th. The company reported $1.00 earnings per share for the quarter, beating analysts’ consensus estimates of $0.65 by $0.35. MongoDB had a negative return on equity of 3.16% and a negative net margin of 4.09%.The company had revenue of $549.01 million for the quarter, compared to the consensus estimate of $527.49 million. During the same quarter last year, the company earned $0.51 earnings per share. The firm’s revenue for the quarter was up 21.8% compared to the same quarter last year. MongoDB has set its FY 2026 guidance at 2.940-3.120 EPS. Q2 2026 guidance at 0.620-0.660 EPS. On average, equities research analysts predict that MongoDB, Inc. will post -1.78 EPS for the current year.

Insider Transactions at MongoDB

In other news, Director Dwight A. Merriman sold 2,000 shares of MongoDB stock in a transaction that occurred on Thursday, June 5th. The stock was sold at an average price of $234.00, for a total value of $468,000.00. Following the sale, the director directly owned 1,107,006 shares of the company’s stock, valued at $259,039,404. The trade was a 0.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Dev Ittycheria sold 25,005 shares of MongoDB stock in a transaction that occurred on Thursday, June 5th. The stock was sold at an average price of $234.00, for a total value of $5,851,170.00. Following the completion of the sale, the chief executive officer directly owned 256,974 shares in the company, valued at $60,131,916. This represents a 8.87% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 51,416 shares of company stock worth $11,936,656 over the last three months. 3.10% of the stock is currently owned by insiders.

MongoDB Profile

MongoDB, Inc, together with its subsidiaries, provides general purpose database platform worldwide. The company provides MongoDB Atlas, a hosted multi-cloud database-as-a-service solution; MongoDB Enterprise Advanced, a commercial database server for enterprise customers to run in the cloud, on-premises, or in a hybrid environment; and Community Server, a free-to-download version of its database, which includes the functionality that developers need to get started with MongoDB.