Los Angeles Capital Management LLC Raises Stock Position in MongoDB, Inc. $MDB

Posted by George Bondi on Jun 8th, 2026

Los Angeles Capital Management LLC increased its stake in MongoDB, Inc. (NASDAQ:MDB – Free Report) by 28.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 53,356 shares of the company’s stock after purchasing an additional 11,838 shares during the quarter. Los Angeles Capital Management LLC’s holdings in MongoDB were worth $22,393,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MDB. Cornerstone Planning Group LLC boosted its holdings in MongoDB by 1,220.0% in the fourth quarter. Cornerstone Planning Group LLC now owns 66 shares of the company’s stock worth $27,000 after purchasing an additional 61 shares during the last quarter. Central Pacific Bank Trust Division purchased a new stake in MongoDB in the fourth quarter worth approximately $28,000. Huntington National Bank boosted its holdings in MongoDB by 110.9% in the third quarter. Huntington National Bank now owns 97 shares of the company’s stock worth $30,000 after purchasing an additional 51 shares during the last quarter. International Assets Investment Management LLC purchased a new stake in MongoDB in the fourth quarter worth approximately $33,000. Finally, Root Financial Partners LLC boosted its holdings in MongoDB by 58.2% in the fourth quarter. Root Financial Partners LLC now owns 87 shares of the company’s stock worth $37,000 after purchasing an additional 32 shares during the last quarter. Hedge funds and other institutional investors own 89.29% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Oppenheimer raised their target price on shares of MongoDB from $375.00 to $410.00 and gave the stock an “outperform” rating in a report on Friday, May 29th. Wedbush lifted their price target on shares of MongoDB from $380.00 to $390.00 and gave the stock an “outperform” rating in a research note on Friday, May 29th. Scotiabank reiterated an “outperform” rating on shares of MongoDB in a research note on Friday, May 29th. Tigress Financial lifted their price target on shares of MongoDB from $430.00 to $515.00 and gave the stock a “buy” rating in a research note on Tuesday, June 2nd. Finally, Wall Street Zen cut shares of MongoDB from a “buy” rating to a “hold” rating in a research note on Sunday. Twenty-eight equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $394.45.

Get Our Latest Report on MDB

Insider Activity

In other news, Director Dwight A. Merriman sold 6,000 shares of the firm’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $314.98, for a total transaction of $1,889,880.00. Following the sale, the director directly owned 470,896 shares in the company, valued at $148,322,822.08. This trade represents a 1.26% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Roelof Botha sold 44,050 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $398.07, for a total transaction of $17,534,983.50. Following the sale, the director owned 150,550 shares in the company, valued at $59,929,438.50. The trade was a 22.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 76,616 shares of company stock worth $26,629,774 in the last three months. Company insiders own 2.60% of the company’s stock.

MongoDB Price Performance

Shares of MongoDB stock opened at $350.74 on Monday. The company’s fifty day simple moving average is $285.37 and its 200-day simple moving average is $334.31. The stock has a market capitalization of $28.21 billion, a PE ratio of -947.95, a P/E/G ratio of 1,505.91 and a beta of 1.57. MongoDB, Inc. has a 1-year low of $196.00 and a 1-year high of $444.72.

MongoDB (NASDAQ:MDB – Get Free Report) last issued its quarterly earnings results on Thursday, May 28th. The company reported $1.32 earnings per share for the quarter, topping the consensus estimate of $1.19 by $0.13. The business had revenue of $687.62 million for the quarter, compared to analysts’ expectations of $664.53 million. MongoDB had a negative net margin of 1.12% and a negative return on equity of 1.39%. The company’s revenue was up 25.2% compared to the same quarter last year. During the same quarter last year, the company posted $1.00 EPS. MongoDB has set its FY 2027 guidance at 5.950-6.140 EPS and its Q2 2027 guidance at 1.580-1.610 EPS. As a group, research analysts anticipate that MongoDB, Inc. will post 0.02 EPS for the current year.

MongoDB Company Profile

(Free Report)

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.