Banco Bilbao Vizcaya Argentaria S.A. Buys 1,119 Shares of MongoDB, Inc. $MDB

Banco Bilbao Vizcaya Argentaria S.A. lifted its stake in MongoDB, Inc. (NASDAQ:MDB) by 13.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 9,555 shares of the company’s stock after acquiring an additional 1,119 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in MongoDB were worth $2,007,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. Fiera Capital Corp increased its position in shares of MongoDB by 3.5% during the 2nd quarter. Fiera Capital Corp now owns 313,314 shares of the company’s stock worth $65,793,000 after purchasing an additional 10,643 shares during the last quarter. ABN Amro Investment Solutions acquired a new stake in shares of MongoDB in the 2nd quarter valued at approximately $2,683,000. Candriam S.C.A. grew its stake in shares of MongoDB by 0.5% in the second quarter. Candriam S.C.A. now owns 111,056 shares of the company’s stock valued at $23,322,000 after buying an additional 500 shares in the last quarter. Calamos Advisors LLC acquired a new position in MongoDB during the second quarter worth $9,754,000. Finally, Police & Firemen s Retirement System of New Jersey raised its position in MongoDB by 14.1% during the second quarter. Police & Firemen s Retirement System of New Jersey now owns 11,987 shares of the company’s stock worth $2,517,000 after acquiring an additional 1,483 shares in the last quarter. 89.29% of the stock is owned by institutional investors and hedge funds.

MongoDB Price Performance

Shares of NASDAQ MDB opened at $352.61 on Monday. The firm has a market cap of $28.69 billion, a price-to-earnings ratio of -359.81 and a beta of 1.52. The stock’s fifty day moving average price is $332.51 and its two-hundred day moving average price is $257.28. MongoDB, Inc. has a one year low of $140.78 and a one year high of $385.44.

MongoDB (NASDAQ:MDB) last announced its earnings results on Tuesday, August 26th. The company reported ($0.38) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.66 by ($1.04). MongoDB had a negative net margin of 3.54% and a negative return on equity of 1.67%. The business had revenue of $591.40 million during the quarter, compared to the consensus estimate of $553.23 million. During the same period in the previous year, the firm posted $0.70 EPS. The company’s revenue was up 23.7% compared to the same quarter last year. MongoDB has set its FY 2026 guidance at 3.640-3.730 EPS. Q3 2026 guidance at 0.760-0.790 EPS. On average, equities analysts anticipate that MongoDB, Inc. will post -1.78 earnings per share for the current fiscal year.

Insider Buying and Selling at MongoDB

In other news, Director Peter Thomas Killalea sold 20,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 23rd. The shares were sold at an average price of $321.87, for a total transaction of $6,437,400.00. Following the transaction, the director directly owned 32,293 shares of the company’s stock, valued at approximately $10,394,147.91. This trade represents a 38.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Dev Ittycheria sold 33,320 shares of MongoDB stock in a transaction that occurred on Thursday, August 28th. The shares were sold at an average price of $301.29, for a total transaction of $10,038,982.80. Following the completion of the sale, the chief executive officer owned 203,237 shares of the company’s stock, valued at approximately $61,233,275.73. The trade was a 14.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 114,492 shares of company stock worth $36,448,119. 3.10% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on MDB. UBS Group lifted their price objective on shares of MongoDB from $310.00 to $330.00 and gave the company a “neutral” rating in a research report on Thursday, September 18th. Royal Bank Of Canada boosted their price target on MongoDB from $350.00 to $405.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 4th. The Goldman Sachs Group raised their price objective on MongoDB from $325.00 to $370.00 and gave the company a “buy” rating in a research report on Thursday, September 18th. Zacks Research lowered MongoDB from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 4th. Finally, Morgan Stanley increased their price target on MongoDB from $325.00 to $400.00 and gave the company an “overweight” rating in a research note on Thursday, November 6th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $354.97.

About MongoDB

MongoDB, Inc, together with its subsidiaries, provides general purpose database platform worldwide. The company provides MongoDB Atlas, a hosted multi-cloud database-as-a-service solution; MongoDB Enterprise Advanced, a commercial database server for enterprise customers to run in the cloud, on-premises, or in a hybrid environment; and Community Server, a free-to-download version of its database, which includes the functionality that developers need to get started with MongoDB.