MongoDB (NASDAQ:MDB) Director Sells $4,705,900.00 in Stock

Posted by on Aug 18th, 2026

MongoDB, Inc. (NASDAQ:MDB – Get Free Report) Director Dwight Merriman sold 10,000 shares of the company’s stock in a transaction on Friday, August 14th. The stock was sold at an average price of $470.59, for a total value of $4,705,900.00. Following the sale, the director owned 962,953 shares of the company’s stock, valued at approximately $453,156,052.27. This represents a 1.03% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

MongoDB Trading Down 0.9%

MongoDB stock traded down $4.08 during midday trading on Tuesday, reaching $434.62. The company’s stock had a trading volume of 1,119,103 shares, compared to its average volume of 1,884,776. The stock has a market cap of $34.96 billion, a PE ratio of -1,174.65, a price-to-earnings-growth ratio of 3,270.10 and a beta of 1.55. MongoDB, Inc. has a 52 week low of $206.92 and a 52 week high of $473.10. The business has a 50-day moving average price of $350.20 and a 200-day moving average price of $317.12.

MongoDB (NASDAQ:MDB – Get Free Report) last posted its earnings results on Thursday, May 28th. The company reported $1.32 EPS for the quarter, topping analysts’ consensus estimates of $1.19 by $0.13. MongoDB had a negative net margin of 1.12% and a negative return on equity of 1.39%. The firm had revenue of $687.62 million during the quarter, compared to analysts’ expectations of $664.53 million. During the same quarter in the prior year, the business earned $1.00 earnings per share. The business’s revenue for the quarter was up 25.2% compared to the same quarter last year. 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 predict that MongoDB, Inc. will post 0.01 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. BMO Capital Markets boosted their target price on shares of MongoDB from $360.00 to $375.00 and gave the stock an “outperform” rating in a research note on Friday, May 29th. DA Davidson reissued a “buy” rating and set a $375.00 price objective on shares of MongoDB in a report on Friday, May 29th. Robert W. Baird increased their target price on MongoDB from $260.00 to $335.00 and gave the company a “neutral” rating in a research report on Wednesday, May 20th. Bank of America boosted their price target on MongoDB from $390.00 to $450.00 and gave the stock a “buy” rating in a report on Monday, June 8th. Finally, KGI Securities started coverage on MongoDB in a research note on Wednesday, July 8th. They issued an “outperform” rating and a $470.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, MongoDB currently has an average rating of “Moderate Buy” and a consensus target price of $418.26.

Get Our Latest Research Report on MongoDB

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of MDB. Cornerstone Planning Group LLC increased its stake in shares of MongoDB by 1,220.0% in the fourth quarter. Cornerstone Planning Group LLC now owns 66 shares of the company’s stock valued at $27,000 after buying an additional 61 shares during the period. International Assets Investment Management LLC acquired a new position in shares of MongoDB in the fourth quarter worth approximately $33,000. Cassaday & Co Wealth Management LLC acquired a new position in shares of MongoDB in the first quarter worth approximately $34,000. CX Institutional boosted its holdings in MongoDB by 94.3% in the second quarter. CX Institutional now owns 103 shares of the company’s stock valued at $35,000 after acquiring an additional 50 shares during the last quarter. Finally, Root Financial Partners LLC increased its position in MongoDB by 58.2% during the 4th quarter. Root Financial Partners LLC now owns 87 shares of the company’s stock valued at $37,000 after purchasing an additional 32 shares during the period. 89.29% of the stock is owned by institutional investors and hedge funds.

MongoDB Company Profile

(Get 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.

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Insider Buying and Selling by Quarter for MongoDB (NASDAQ:MDB)

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