Gradient Investments LLC Cuts Position in MongoDB, Inc. $MDB

Posted by George Bondi on Aug 10th, 2026

Gradient Investments LLC decreased its stake in MongoDB, Inc. (NASDAQ:MDB – Free Report) by 16.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,769 shares of the company’s stock after selling 1,330 shares during the period. Gradient Investments LLC’s holdings in MongoDB were worth $2,274,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. ValueAct Holdings L.P. increased its holdings in MongoDB by 206.8% in 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 in the last quarter. Norges Bank acquired a new stake in shares of MongoDB in the 4th quarter worth approximately $574,821,000. AQR Capital Management LLC grew its holdings in shares of MongoDB by 2,567.2% in the 2nd quarter. AQR Capital Management LLC now owns 1,111,647 shares of the company’s stock worth $233,435,000 after acquiring an additional 1,069,969 shares during the period. Massachusetts Financial Services Co. MA increased its stake in MongoDB by 611.3% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 715,100 shares of the company’s stock valued at $300,120,000 after purchasing an additional 614,559 shares in the last quarter. Finally, Amundi increased its stake in MongoDB by 61.3% in the 3rd quarter. Amundi now owns 1,483,396 shares of the company’s stock valued at $477,550,000 after purchasing an additional 563,995 shares in the last quarter. Hedge funds and other institutional investors own 89.29% of the company’s stock.

Insider Buying and Selling at MongoDB

In other news, Director Dev Ittycheria sold 40,000 shares of the business’s stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $383.16, for a total value of $15,326,400.00. Following the completion of the transaction, the director owned 161,762 shares of the company’s stock, valued at $61,980,727.92. The trade was a 19.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Hope F. Cochran sold 1,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $350.00, for a total transaction of $350,000.00. Following the transaction, the director directly owned 29,326 shares in the company, valued at $10,264,100. The trade was a 3.30% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 125,746 shares of company stock valued at $46,763,418. Corporate insiders own 2.60% of the company’s stock.

MongoDB Price Performance

MDB opened at $398.80 on Monday. The firm has a market cap of $32.08 billion, a P/E ratio of -1,077.84, a PEG ratio of 1,634.43 and a beta of 1.55. The business’s fifty day simple moving average is $341.98 and its 200 day simple moving average is $315.20. MongoDB, Inc. has a 52 week low of $198.47 and a 52 week high of $444.72.

MongoDB (NASDAQ:MDB – Get Free Report) last announced its earnings results on Thursday, May 28th. The company reported $1.32 earnings per share for the quarter, beating the consensus estimate of $1.19 by $0.13. The firm had revenue of $687.62 million during the quarter, compared to the consensus estimate of $664.53 million. MongoDB had a negative net margin of 1.12% and a negative return on equity of 1.39%. The firm’s revenue for the quarter was up 25.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.00 EPS. 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 expect that MongoDB, Inc. will post 0.02 EPS for the current fiscal year.

Analyst Ratings Changes

MDB has been the subject of several research reports. Morgan Stanley lifted their price objective on MongoDB from $335.00 to $380.00 and gave the stock an “overweight” rating in a report on Friday, May 29th. Mizuho upped their target price on MongoDB from $325.00 to $400.00 and gave the company an “outperform” rating in a report on Friday, May 29th. DA Davidson restated a “buy” rating and issued a $375.00 price target on shares of MongoDB in a research report on Friday, May 29th. Tigress Financial lifted their price target on MongoDB from $430.00 to $515.00 and gave the stock a “buy” rating in a research note on Tuesday, June 2nd. Finally, Stifel Nicolaus set a $435.00 price objective on shares of MongoDB in a research report on Friday, May 29th. 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. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $405.35.

Read Our Latest Analysis on MDB

MongoDB 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.