Wealthfront Advisers LLC Increases Stock Position in MongoDB, Inc. $MDB

Posted by George Bondi on Jul 21st, 2026

Wealthfront Advisers LLC lifted its holdings in MongoDB, Inc. (NASDAQ:MDB – Free Report) by 59.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,914 shares of the company’s stock after buying an additional 2,961 shares during the quarter. Wealthfront Advisers LLC’s holdings in MongoDB were worth $1,937,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. D.A. Davidson & CO. lifted its position in MongoDB by 42.1% during the 1st quarter. D.A. Davidson & CO. now owns 1,928 shares of the company’s stock valued at $472,000 after acquiring an additional 571 shares during the period. Harel Insurance Investments & Financial Services Ltd. increased its stake in shares of MongoDB by 55.0% during the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 549,970 shares of the company’s stock valued at $134,616,000 after purchasing an additional 195,250 shares in the last quarter. Mandatum Life Insurance Co Ltd bought a new position in shares of MongoDB during the first quarter valued at approximately $1,248,000. Sanctuary Advisors LLC lifted its holdings in shares of MongoDB by 6.2% during the first quarter. Sanctuary Advisors LLC now owns 4,856 shares of the company’s stock valued at $1,189,000 after purchasing an additional 285 shares during the last quarter. Finally, Emerald Mutual Fund Advisers Trust lifted its holdings in shares of MongoDB by 26.2% during the first quarter. Emerald Mutual Fund Advisers Trust now owns 1,463 shares of the company’s stock valued at $358,000 after purchasing an additional 304 shares during the last quarter. 89.29% of the stock is currently owned by institutional investors.

Insider Activity

In related news, Director Hope F. Cochran sold 1,566 shares of MongoDB stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $344.05, for a total value of $538,782.30. Following the completion of the sale, the director directly owned 25,444 shares in the company, valued at approximately $8,754,008.20. This trade represents a 5.80% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Dev Ittycheria sold 40,000 shares of the business’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $383.16, for a total value of $15,326,400.00. Following the completion of the transaction, the director directly owned 161,762 shares of the company’s stock, valued at approximately $61,980,727.92. This trade represents a 19.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 127,746 shares of company stock valued at $47,343,538. Corporate insiders own 2.60% of the company’s stock.

Wall Street Analysts Forecast Growth

MDB has been the topic of a number of analyst reports. Bank of America boosted their price target on MongoDB from $390.00 to $450.00 and gave the stock a “buy” rating in a research report on Monday, June 8th. Zacks Research upgraded MongoDB from a “strong sell” rating to a “hold” rating in a research note on Friday, May 15th. BMO Capital Markets boosted their target price on MongoDB from $360.00 to $375.00 and gave the stock an “outperform” rating in a report on Friday, May 29th. Guggenheim reissued a “buy” rating and issued a $475.00 target price on shares of MongoDB in a report on Friday, May 29th. Finally, Weiss Ratings cut MongoDB from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $405.35.

View Our Latest Report on MDB

MongoDB Stock Up 3.5%

Shares of MDB opened at $323.36 on Tuesday. MongoDB, Inc. has a twelve month low of $198.47 and a twelve month high of $444.72. The company has a market capitalization of $26.01 billion, a P/E ratio of -873.95, a price-to-earnings-growth ratio of 1,126.44 and a beta of 1.55. The firm has a 50 day moving average of $337.09 and a 200 day moving average of $322.70.

MongoDB (NASDAQ:MDB – Get Free Report) last released its quarterly earnings data on Thursday, May 28th. The company reported $1.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.19 by $0.13. MongoDB had a negative return on equity of 1.39% and a negative net margin of 1.12%.The business had revenue of $687.62 million for the quarter, compared to analysts’ expectations of $664.53 million. During the same period in the prior year, the firm posted $1.00 EPS. The firm’s quarterly revenue was up 25.2% on a year-over-year basis. MongoDB has set its FY 2027 guidance at 5.950-6.140 EPS and its Q2 2027 guidance at 1.580-1.610 EPS. On average, sell-side analysts expect 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.