MongoDB (NASDAQ:MDB) CFO Sells $1,783,150.00 in Stock

Posted by on Jun 17th, 2026

MongoDB, Inc. (NASDAQ:MDB – Get Free Report) CFO Michael Berry sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $356.63, for a total value of $1,783,150.00. Following the completion of the sale, the chief financial officer owned 6,500 shares of the company’s stock, valued at $2,318,095. This trade represents a 43.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

MongoDB Price Performance

MongoDB stock traded down $14.12 during trading on Wednesday, reaching $334.69. 1,502,209 shares of the company were exchanged, compared to its average volume of 2,004,823. The stock’s 50 day simple moving average is $299.95 and its two-hundred day simple moving average is $335.21. The company has a market capitalization of $26.92 billion, a P/E ratio of -904.57, a PEG ratio of 1,277.37 and a beta of 1.57. MongoDB, Inc. has a 52-week low of $196.00 and a 52-week high of $444.72.

MongoDB (NASDAQ:MDB – Get Free Report) last issued its earnings results 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 company had revenue of $687.62 million during the quarter, compared to analysts’ expectations of $664.53 million. During the same period in the prior year, the business earned $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. As a group, equities analysts forecast that MongoDB, Inc. will post 0.02 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Cornerstone Planning Group LLC raised its position in MongoDB by 1,220.0% in the 4th quarter. Cornerstone Planning Group LLC now owns 66 shares of the company’s stock valued at $27,000 after purchasing an additional 61 shares in the last quarter. Central Pacific Bank Trust Division acquired a new position in shares of MongoDB during the fourth quarter worth about $28,000. Huntington National Bank increased its stake in shares of MongoDB by 110.9% during the third quarter. Huntington National Bank now owns 97 shares of the company’s stock worth $30,000 after buying an additional 51 shares during the period. International Assets Investment Management LLC purchased a new stake in shares of MongoDB during the fourth quarter worth approximately $33,000. Finally, Cassaday & Co Wealth Management LLC acquired a new stake in MongoDB in the first quarter valued at approximately $34,000. 89.29% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

MDB has been the subject of a number of research analyst reports. Citizens Jmp reiterated a “market outperform” rating and set a $366.00 price target on shares of MongoDB in a report on Friday, May 29th. Oppenheimer raised their price target on MongoDB from $375.00 to $410.00 and gave the stock an “outperform” rating in a research report on Friday, May 29th. Truist Financial dropped their price objective on MongoDB from $500.00 to $375.00 and set a “buy” rating for the company in a research note on Tuesday, March 3rd. Guggenheim reaffirmed a “buy” rating and issued a $475.00 price objective on shares of MongoDB in a research note on Friday, May 29th. Finally, Cantor Fitzgerald increased their target price on MongoDB from $378.00 to $416.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 26th. Twenty-eight equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $396.39.

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About MongoDB

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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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