1,939 Shares in MongoDB, Inc. $MDB Purchased by Mission Wealth Management LP

Posted by Brian Himes on May 20th, 2026

Mission Wealth Management LP bought a new position in shares of MongoDB, Inc. (NASDAQ:MDB – Free Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 1,939 shares of the company’s stock, valued at approximately $814,000.

Other large investors have also modified their holdings of the company. Vanguard Group Inc. lifted its position in shares of MongoDB by 5.0% in the 3rd quarter. Vanguard Group Inc. now owns 8,985,697 shares of the company’s stock worth $2,788,981,000 after purchasing an additional 431,382 shares during the period. ValueAct Holdings L.P. increased its holdings in MongoDB by 206.8% during the third quarter. ValueAct Holdings L.P. now owns 2,118,200 shares of the company’s stock valued at $657,447,000 after buying an additional 1,427,700 shares during the period. State Street Corp raised its stake in MongoDB by 3.7% in the third quarter. State Street Corp now owns 1,756,628 shares of the company’s stock worth $545,222,000 after buying an additional 63,434 shares in the last quarter. Amundi raised its stake in MongoDB by 61.3% in the third quarter. Amundi now owns 1,483,396 shares of the company’s stock worth $477,550,000 after buying an additional 563,995 shares in the last quarter. Finally, Jericho Capital Asset Management L.P. lifted its holdings in MongoDB by 162.1% during the third quarter. Jericho Capital Asset Management L.P. now owns 1,378,540 shares of the company’s stock worth $427,871,000 after buying an additional 852,540 shares during the period. Institutional investors own 89.29% of the company’s stock.

Analyst Ratings Changes

Several brokerages have issued reports on MDB. DA Davidson dropped their target price on MongoDB from $465.00 to $385.00 and set a “buy” rating on the stock in a research report on Wednesday, February 25th. Monness Crespi & Hardt reduced their price target on MongoDB from $475.00 to $370.00 and set a “buy” rating for the company in a research report on Tuesday, March 3rd. Guggenheim restated a “buy” rating and set a $475.00 price objective on shares of MongoDB in a research note on Tuesday, April 14th. Truist Financial dropped their price objective on MongoDB from $500.00 to $375.00 and set a “buy” rating on the stock in a research report on Tuesday, March 3rd. Finally, Oppenheimer cut their target price on MongoDB from $425.00 to $375.00 and set an “outperform” rating on the stock in a research note on Tuesday, March 3rd. Twenty-six equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $370.87.

Read Our Latest Report on MongoDB

Key Headlines Impacting MongoDB

Here are the key news stories impacting MongoDB this week:

Positive Sentiment: Bank of America raised its price target on MongoDB and reiterated a Buy rating, citing confidence in demand trends, Atlas momentum, and execution across cloud and on-premise products. MongoDB price target lifted by Bank of America ahead of earnings on execution confidence, Atlas momentum
Positive Sentiment: RBC reaffirmed its Outperform rating and lifted its target to $395, saying MongoDB is well positioned for AI-related tailwinds and strong Atlas growth. MongoDB Well Positioned for AI Tailwinds, Competition Remains Key Debate, RBC Says
Positive Sentiment: Analyst sentiment remains favorable overall, with multiple Buy/Outperform ratings and recent targets ranging up to $450, reinforcing expectations for solid upcoming results. MongoDB, Inc. ($MDB) CEO 2026 Pay Revealed
Neutral Sentiment: MongoDB’s CEO pay disclosure highlighted very large compensation and heavy insider selling over the past six months, which may raise governance questions but was offset by the sales being tied in part to pre-arranged trading plans. MongoDB, Inc. ($MDB) CEO 2026 Pay Revealed
Negative Sentiment: Director Dwight Merriman sold additional shares recently, adding to a pattern of insider selling that could temper some enthusiasm around the stock. Insider Selling: MongoDB (NASDAQ:MDB) Director Sells 6,000 Shares of Stock

Insider Buying and Selling

In other MongoDB news, Director Hope F. Cochran sold 1,566 shares of MongoDB stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $249.33, for a total transaction of $390,450.78. Following the completion of the sale, the director directly owned 24,093 shares in the company, valued at approximately $6,007,107.69. The trade was a 6.10% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Dwight A. Merriman sold 6,000 shares of the company’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 completion of 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 ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 31,566 shares of company stock worth $8,744,791. 3.10% of the stock is owned by insiders.

MongoDB Stock Performance

Shares of MDB opened at $334.68 on Wednesday. The stock has a 50-day moving average of $265.03 and a two-hundred day moving average of $335.65. MongoDB, Inc. has a one year low of $182.43 and a one year high of $444.72. The stock has a market cap of $26.90 billion, a P/E ratio of -380.32 and a beta of 1.48.

MongoDB (NASDAQ:MDB – Get Free Report) last announced its quarterly earnings data on Monday, March 2nd. The company reported $1.65 earnings per share for the quarter, beating analysts’ consensus estimates of $1.47 by $0.18. MongoDB had a negative return on equity of 1.03% and a negative net margin of 2.89%.The business had revenue of $695.07 million for the quarter, compared to analyst estimates of $669.40 million. During the same period in the prior year, the company earned $1.28 earnings per share. The company’s revenue was up 26.8% on a year-over-year basis. Analysts predict that MongoDB, Inc. will post -0.46 EPS for the current fiscal 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.