MongoDB, Inc. $MDB Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC decreased its position in MongoDB, Inc. (NASDAQ:MDB) by 40.0% in the 2nd quarter, Holdings Channel.com reports. The firm owned 15,000 shares of the company’s stock after selling 9,997 shares during the period. SG Americas Securities LLC’s holdings in MongoDB were worth $3,150,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in MDB. Vanguard Group Inc. boosted its position in shares of MongoDB by 6.6% during the first quarter. Vanguard Group Inc. now owns 7,809,768 shares of the company’s stock worth $1,369,833,000 after buying an additional 481,023 shares during the period. Geode Capital Management LLC raised its stake in MongoDB by 5.2% during the 2nd quarter. Geode Capital Management LLC now owns 1,397,898 shares of the company’s stock valued at $292,597,000 after acquiring an additional 68,611 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in MongoDB by 11.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,271,444 shares of the company’s stock worth $223,011,000 after acquiring an additional 129,451 shares during the period. Amundi grew its stake in shares of MongoDB by 53.0% in the first quarter. Amundi now owns 1,061,457 shares of the company’s stock worth $173,378,000 after purchasing an additional 367,717 shares in the last quarter. Finally, Acadian Asset Management LLC grew its stake in shares of MongoDB by 83.8% in the second quarter. Acadian Asset Management LLC now owns 1,033,531 shares of the company’s stock worth $217,009,000 after purchasing an additional 471,341 shares in the last quarter. Institutional investors and hedge funds own 89.29% of the company’s stock.

MongoDB Stock Performance

Shares of NASDAQ:MDB opened at $337.86 on Wednesday. The stock has a market capitalization of $27.49 billion, a price-to-earnings ratio of -344.76 and a beta of 1.52. MongoDB, Inc. has a 1-year low of $140.78 and a 1-year high of $385.44. The company has a 50 day moving average price of $332.97 and a 200 day moving average price of $259.63.

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

Wall Street Analysts Forecast Growth

MDB has been the subject of several research analyst reports. Citigroup reaffirmed a “market outperform” rating on shares of MongoDB in a report on Tuesday, November 4th. JMP Securities boosted their price target on shares of MongoDB from $345.00 to $375.00 and gave the stock a “market outperform” rating in a research report on Friday, September 19th. Piper Sandler increased their price objective on shares of MongoDB from $345.00 to $400.00 and gave the company an “overweight” rating in a report on Thursday, September 18th. Wolfe Research raised their price objective on shares of MongoDB from $280.00 to $350.00 and gave the company an “outperform” rating in a research note on Wednesday, August 27th. Finally, DA Davidson upped their target price on MongoDB from $365.00 to $415.00 and gave the stock a “buy” rating in a research report on Tuesday, November 4th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $354.97.

Insider Activity

In other MongoDB news, Director Charles M. Hazard, Jr. sold 833 shares of the company’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $383.72, for a total transaction of $319,638.76. Following the completion of the sale, the director directly owned 45,700 shares of the company’s stock, valued at approximately $17,536,004. This represents a 1.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Dwight A. Merriman sold 10,000 shares of the firm’s stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $338.52, for a total transaction of $3,385,200.00. Following the completion of the transaction, the director owned 1,055,316 shares of the company’s stock, valued at approximately $357,245,572.32. The trade was a 0.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 124,492 shares of company stock valued at $39,833,319 over the last three months. Insiders own 3.10% of the company’s stock.

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.