MongoDB, Inc. $MDB Stock Position Raised by Fox Run Management L.L.C.

Fox Run Management L.L.C. grew its holdings in shares of MongoDB, Inc. (NASDAQ:MDB) by 299.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 15,583 shares of the company’s stock after purchasing an additional 11,680 shares during the period. MongoDB makes up about 0.5% of Fox Run Management L.L.C.’s holdings, making the stock its 5th biggest position. Fox Run Management L.L.C.’s holdings in MongoDB were worth $3,272,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the business. Metis Global Partners LLC grew its holdings in MongoDB by 23.0% during the second quarter. Metis Global Partners LLC now owns 3,225 shares of the company’s stock worth $677,000 after acquiring an additional 604 shares during the period. Penserra Capital Management LLC lifted its holdings in MongoDB by 36.0% in the second quarter. Penserra Capital Management LLC now owns 95,058 shares of the company’s stock valued at $19,959,000 after acquiring an additional 25,168 shares during the period. Wedbush Securities Inc. boosted its position in shares of MongoDB by 33.1% during the 2nd quarter. Wedbush Securities Inc. now owns 4,023 shares of the company’s stock worth $845,000 after purchasing an additional 1,001 shares in the last quarter. Savant Capital LLC acquired a new position in shares of MongoDB during the 2nd quarter worth $359,000. Finally, Andra AP fonden grew its stake in shares of MongoDB by 13.8% during the 2nd quarter. Andra AP fonden now owns 52,769 shares of the company’s stock worth $11,081,000 after purchasing an additional 6,400 shares during the period. 89.29% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other MongoDB news, Director Dwight A. Merriman sold 4,000 shares of the firm’s stock in a transaction dated 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 sale, the director directly owned 1,065,316 shares of the company’s stock, valued at $367,534,020. This trade represents a 0.37% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Hope F. Cochran sold 1,174 shares of MongoDB stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $327.93, for a total transaction of $384,989.82. Following the sale, the director owned 24,308 shares of the company’s stock, valued at approximately $7,971,322.44. This trade represents a 4.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 108,492 shares of company stock worth $34,213,359 in the last ninety days. 3.10% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. Wells Fargo & Company started coverage on shares of MongoDB in a research note on Tuesday, September 30th. They issued an “overweight” rating and a $430.00 price objective for the company. Cantor Fitzgerald increased their target price on shares of MongoDB from $312.00 to $406.00 and gave the company an “overweight” rating in a report on Thursday, September 18th. Oppenheimer boosted their price target on MongoDB from $325.00 to $385.00 and gave the stock an “outperform” rating in a research note on Thursday, September 18th. JMP Securities upped their price target on MongoDB from $345.00 to $375.00 and gave the stock a “market outperform” rating in a report on Friday, September 19th. Finally, Rosenblatt Securities raised their price objective on MongoDB from $305.00 to $385.00 and gave the company a “buy” rating in a research note on Tuesday. 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $354.97.

MongoDB Price Performance

Shares of MDB opened at $361.04 on Friday. MongoDB, Inc. has a 1-year low of $140.78 and a 1-year high of $385.44. The stock has a market cap of $29.37 billion, a price-to-earnings ratio of -368.41 and a beta of 1.52. The firm has a 50 day simple moving average of $328.09 and a 200-day simple moving average of $249.32.

MongoDB (NASDAQ:MDB) last announced its 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). 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 quarterly revenue was up 23.7% compared to the same quarter last year. 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, equities analysts expect that MongoDB, Inc. will post -1.78 earnings per share for the current fiscal year.

MongoDB 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.