MongoDB (NASDAQ:MDB) Director Sells $17,534,983.50 in Stock

Posted by on Jun 7th, 2026

MongoDB, Inc. (NASDAQ:MDB – Get Free Report) Director Roelof Botha sold 44,050 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $398.07, for a total value of $17,534,983.50. Following the completion of the transaction, the director owned 150,550 shares in the company, valued at approximately $59,929,438.50. The trade was a 22.64% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

MongoDB Trading Down 7.7%

MongoDB stock opened at $350.74 on Friday. MongoDB, Inc. has a 12 month low of $196.00 and a 12 month high of $444.72. The business’s 50 day simple moving average is $285.37 and its 200 day simple moving average is $334.35. The company has a market cap of $28.19 billion, a price-to-earnings ratio of -947.95 and a beta of 1.57.

MongoDB (NASDAQ:MDB – Get Free Report) last posted its quarterly earnings data on Thursday, May 28th. The company reported $1.32 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 the consensus estimate of $664.53 million. During the same quarter in the prior year, the business earned $1.00 earnings per share. MongoDB’s revenue for the quarter 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. As a group, equities research analysts forecast that MongoDB, Inc. will post 0.02 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently commented on MDB shares. Oppenheimer upped their price objective on MongoDB from $375.00 to $410.00 and gave the company an “outperform” rating in a research note on Friday, May 29th. Sanford C. Bernstein downgraded MongoDB from an “outperform” rating to a “market perform” rating in a research note on Tuesday, March 3rd. Guggenheim reissued a “buy” rating and set a $475.00 target price on shares of MongoDB in a report on Friday, May 29th. DA Davidson reissued a “buy” rating and set a $375.00 target price on shares of MongoDB in a report on Friday, May 29th. Finally, Monness Crespi & Hardt boosted their target price on shares of MongoDB from $370.00 to $415.00 and gave the company a “buy” rating in a report on Friday, May 29th. Twenty-eight analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $394.45.

View Our Latest Research Report on MongoDB

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. increased its holdings in shares of MongoDB by 5.0% in the third 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 shares of MongoDB by 206.8% in the third quarter. ValueAct Holdings L.P. now owns 2,118,200 shares of the company’s stock worth $657,447,000 after purchasing an additional 1,427,700 shares during the period. State Street Corp increased its holdings in shares of MongoDB by 2.3% in the fourth quarter. State Street Corp now owns 1,796,847 shares of the company’s stock worth $754,119,000 after purchasing an additional 40,219 shares during the period. Amundi increased its holdings in shares of 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 purchasing an additional 563,995 shares during the period. Finally, Geode Capital Management LLC increased its holdings in shares of MongoDB by 0.7% in the fourth quarter. Geode Capital Management LLC now owns 1,444,384 shares of the company’s stock worth $604,429,000 after purchasing an additional 9,693 shares during the period. Institutional investors own 89.29% of the company’s stock.

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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