MongoDB, Inc. $MDB Shares Sold by Candriam S.C.A.

Posted by Stanley Muller on Nov 8th, 2026

Candriam S.C.A. decreased its position in MongoDB, Inc. (NASDAQ:MDB – Free Report) by 10.1% during the third quarter, HoldingsChannel.com reports. The firm owned 252,296 shares of the company’s stock after selling 28,285 shares during the quarter. Candriam S.C.A.’s holdings in MongoDB were worth $88,274,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of MDB. MassMutual Private Wealth & Trust FSB boosted its stake in MongoDB by 5,333.3% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 8,150 shares of the company’s stock valued at $2,841,000 after purchasing an additional 8,000 shares during the last quarter. PensionDanmark Pensionsforsikringsaktieselskab increased its holdings in shares of MongoDB by 48.7% in the 2nd quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 20,810 shares of the company’s stock worth $6,990,000 after purchasing an additional 6,819 shares in the last quarter. National Pension Service raised its stake in shares of MongoDB by 10.7% in the second quarter. National Pension Service now owns 153,687 shares of the company’s stock worth $51,623,000 after purchasing an additional 14,866 shares during the last quarter. Assenagon Asset Management S.A. raised its stake in shares of MongoDB by 19.9% in the second quarter. Assenagon Asset Management S.A. now owns 128,080 shares of the company’s stock worth $43,022,000 after purchasing an additional 21,273 shares during the last quarter. Finally, Daventry Group LP raised its stake in shares of MongoDB by 21.3% in the first quarter. Daventry Group LP now owns 82,105 shares of the company’s stock worth $20,097,000 after purchasing an additional 14,412 shares during the last quarter. Institutional investors own 89.29% of the company’s stock.

MongoDB Trading Up 2.7%

Shares of MDB opened at $312.83 on Friday. The firm has a market cap of $25.20 billion, a PE ratio of 440.61, a P/E/G ratio of 28.48 and a beta of 1.74. The firm has a fifty day simple moving average of $373.35 and a two-hundred day simple moving average of $337.26. MongoDB, Inc. has a 1-year low of $215.68 and a 1-year high of $473.10.

MongoDB (NASDAQ:MDB – Get Free Report) last released its quarterly earnings results on Tuesday, September 1st. The company reported $1.90 earnings per share for the quarter, beating the consensus estimate of $1.62 by $0.28. The firm had revenue of $771.77 million for the quarter, compared to analysts’ expectations of $735.01 million. MongoDB had a return on equity of 1.06% and a net margin of 2.12%. The company’s revenue was up 30.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.00 EPS. MongoDB has set its Q3 2027 guidance at 1.570-1.610 EPS and its FY 2027 guidance at 6.390-6.580 EPS. As a group, research analysts forecast that MongoDB, Inc. will post 0.50 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the company. William Blair reaffirmed an “outperform” rating on shares of MongoDB in a report on Monday, September 28th. Oppenheimer lifted their price objective on MongoDB from $410.00 to $475.00 and gave the stock an “outperform” rating in a report on Wednesday, August 12th. Stifel Nicolaus decreased their target price on MongoDB from $465.00 to $385.00 and set a “buy” rating for the company in a research report on Wednesday, September 30th. The Goldman Sachs Group upped their target price on shares of MongoDB from $453.00 to $520.00 and gave the company a “buy” rating in a research note on Wednesday, September 2nd. Finally, Piper Sandler restated an “overweight” rating and set a $470.00 target price on shares of MongoDB in a research note on Wednesday, September 30th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, MongoDB has an average rating of “Moderate Buy” and an average target price of $461.91.

View Our Latest Stock Analysis on MongoDB

Insider Transactions at MongoDB

In other MongoDB news, Director Dwight A. Merriman sold 10,000 shares of the business’s stock in a transaction dated Monday, November 2nd. The stock was sold at an average price of $348.92, for a total transaction of $3,489,200.00. Following the completion of the sale, the director directly owned 942,953 shares in the company, valued at $329,015,160.76. The trade was a 1.05% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Charles M. Hazard, Jr. sold 595 shares of the business’s stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of $350.46, for a total value of $208,523.70. Following the sale, the director owned 44,642 shares of the company’s stock, valued at approximately $15,645,235.32. This represents a 1.32% 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. Insiders sold a total of 52,465 shares of company stock worth $20,382,936 in the last ninety days. Insiders own 2.60% of the company’s stock.

About MongoDB

(Free Report)

MongoDB, Inc develops database software and related services for businesses and developers. Its core product, MongoDB, is a document database designed to store and manage data in a flexible format for applications across a range of industries and use cases.

The company offers MongoDB Atlas, a managed cloud database service available across major cloud platforms, as well as software that customers can deploy in their own environments. MongoDB also provides tools and services for application development, database management, security, and data operations.

Founded in 2007 as 10gen, the company introduced its database software under the MongoDB name and later adopted that name as its corporate identity.