MongoDB, Inc. $MDB Shares Bought by Fiera Capital Corp

Fiera Capital Corp grew its stake in shares of MongoDB, Inc. (NASDAQ:MDB) by 3.5% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 313,314 shares of the company’s stock after buying an additional 10,643 shares during the period. Fiera Capital Corp owned 0.38% of MongoDB worth $65,793,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in MDB. Hollencrest Capital Management purchased a new stake in MongoDB during the first quarter valued at about $26,000. Cullen Frost Bankers Inc. lifted its stake in shares of MongoDB by 315.8% in the 1st quarter. Cullen Frost Bankers Inc. now owns 158 shares of the company’s stock valued at $28,000 after purchasing an additional 120 shares in the last quarter. Montag A & Associates Inc. grew its holdings 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 purchasing an additional 101 shares during the period. True Wealth Design LLC increased its position in MongoDB by 1,193.8% during the 2nd quarter. True Wealth Design LLC now owns 207 shares of the company’s stock worth $43,000 after purchasing an additional 191 shares in the last quarter. Finally, State of Wyoming acquired a new stake in MongoDB during the 1st quarter worth approximately $62,000. 89.29% of the stock is owned by hedge funds and other institutional investors.

MongoDB Price Performance

Shares of MongoDB stock opened at $365.38 on Thursday. MongoDB, Inc. has a 1-year low of $140.78 and a 1-year high of $385.44. The company has a market capitalization of $29.73 billion, a PE ratio of -372.84 and a beta of 1.52. The business has a 50-day moving average of $331.37 and a 200-day moving average of $254.21.

MongoDB (NASDAQ:MDB) last issued its quarterly earnings results on Tuesday, August 26th. The company reported ($0.38) EPS for the quarter, missing analysts’ consensus estimates of $0.66 by ($1.04). MongoDB had a negative net margin of 3.54% and a negative return on equity of 1.67%. The business had revenue of $591.40 million during the quarter, compared to analysts’ expectations of $553.23 million. During the same period in the prior year, the company posted $0.70 EPS. The company’s revenue for the quarter was up 23.7% on a year-over-year basis. MongoDB has set its FY 2026 guidance at 3.640-3.730 EPS. Q3 2026 guidance at 0.760-0.790 EPS. On average, equities analysts expect that MongoDB, Inc. will post -1.78 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have weighed in on MDB shares. JMP Securities lifted their price target on shares of MongoDB from $345.00 to $375.00 and gave the company a “market outperform” rating in a research report on Friday, September 19th. Wolfe Research lifted their target price on shares of MongoDB from $280.00 to $350.00 and gave the company an “outperform” rating in a report on Wednesday, August 27th. Zacks Research downgraded MongoDB from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 4th. Morgan Stanley boosted their price objective on MongoDB from $325.00 to $400.00 and gave the stock an “overweight” rating in a research note on Thursday, November 6th. Finally, The Goldman Sachs Group upped their target price on MongoDB from $325.00 to $370.00 and gave the stock a “buy” rating in a research report on Thursday, September 18th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, MongoDB currently has an average rating of “Moderate Buy” and a consensus target price of $354.97.

Insider Activity at MongoDB

In related news, Director Charles M. Hazard, Jr. sold 833 shares of the company’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $383.72, for a total value of $319,638.76. Following the sale, the director directly owned 45,700 shares of the company’s stock, valued at $17,536,004. This represents a 1.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Dwight A. Merriman sold 4,000 shares of the stock in a transaction on Monday, October 27th. The shares were sold at an average price of $345.00, for a total transaction of $1,380,000.00. Following the transaction, the director owned 1,065,316 shares in the company, valued at $367,534,020. This trade represents a 0.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 108,492 shares of company stock worth $34,213,359 over the last three months. 3.10% of the stock is owned by corporate insiders.

MongoDB Company 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.