Cwm LLC Buys 2,010 Shares of MongoDB, Inc. $MDB

Cwm LLC increased its stake in shares of MongoDB, Inc. (NASDAQ:MDB) by 11.8% during the 3rd quarter, Holdings Channel.com reports. The fund owned 18,977 shares of the company’s stock after purchasing an additional 2,010 shares during the quarter. Cwm LLC’s holdings in MongoDB were worth $5,890,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Montag A & Associates Inc. boosted its stake in shares of MongoDB by 144.3% during the second quarter. Montag A & Associates Inc. now owns 171 shares of the company’s stock valued at $36,000 after purchasing an additional 101 shares during the period. Promus Capital LLC bought a new stake in MongoDB during the 2nd quarter valued at $36,000. True Wealth Design LLC boosted its position in MongoDB by 1,193.8% during the 2nd quarter. True Wealth Design LLC now owns 207 shares of the company’s stock valued at $43,000 after buying an additional 191 shares during the period. Geneos Wealth Management Inc. boosted its position in MongoDB by 79.7% during the 2nd quarter. Geneos Wealth Management Inc. now owns 221 shares of the company’s stock valued at $46,000 after buying an additional 98 shares during the period. Finally, GAMMA Investing LLC grew its holdings in MongoDB by 46.2% in the 3rd quarter. GAMMA Investing LLC now owns 171 shares of the company’s stock worth $53,000 after acquiring an additional 54 shares during the last quarter. 89.29% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at MongoDB

In other MongoDB news, Director Hope F. Cochran sold 1,566 shares of the firm’s stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $421.85, for a total transaction of $660,617.10. Following the completion of the transaction, the director owned 25,659 shares of the company’s stock, valued at approximately $10,824,249.15. This trade represents a 5.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Roelof Botha sold 24,850 shares of MongoDB stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $405.85, for a total transaction of $10,085,372.50. Following the transaction, the director owned 194,600 shares of the company’s stock, valued at $78,978,410. The trade was a 11.32% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 79,969 shares of company stock valued at $29,937,272 in the last three months. Company insiders own 3.10% of the company’s stock.

MongoDB Stock Down 0.5%

MDB opened at $421.23 on Wednesday. MongoDB, Inc. has a 52 week low of $140.78 and a 52 week high of $440.67. The stock has a market cap of $34.28 billion, a PE ratio of -484.17 and a beta of 1.45. The business has a 50 day moving average of $376.16 and a 200-day moving average of $301.91.

MongoDB (NASDAQ:MDB) last posted its quarterly earnings data on Monday, December 1st. The company reported $1.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.79 by $0.53. MongoDB had a negative return on equity of 1.12% and a negative net margin of 3.06%.The business had revenue of $628.31 million during the quarter, compared to the consensus estimate of $592.98 million. During the same quarter in the prior year, the company earned $1.16 earnings per share. The firm’s quarterly revenue was up 18.7% compared to the same quarter last year. MongoDB has set its Q4 2026 guidance at 1.440-1.480 EPS and its FY 2026 guidance at 4.760-4.800 EPS. Equities analysts anticipate that MongoDB, Inc. will post -1.78 EPS for the current year.

Analysts Set New Price Targets

MDB has been the subject of a number of analyst reports. Stifel Nicolaus increased their target price on shares of MongoDB from $375.00 to $450.00 and gave the stock a “buy” rating in a report on Tuesday, December 2nd. Barclays upped their price target on MongoDB from $390.00 to $415.00 and gave the company an “overweight” rating in a research report on Tuesday, December 2nd. Canaccord Genuity Group lifted their price objective on MongoDB from $375.00 to $455.00 and gave the stock a “buy” rating in a research report on Tuesday, December 2nd. Wells Fargo & Company upped their target price on MongoDB from $430.00 to $450.00 and gave the company an “overweight” rating in a report on Tuesday, December 2nd. Finally, Truist Financial raised their price target on MongoDB from $400.00 to $450.00 and gave the stock a “buy” rating in a research note on Tuesday, December 2nd. Two investment analysts have rated the stock with a Strong Buy rating, twenty-nine have given 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 has an average rating of “Moderate Buy” and an average target price of $414.97.

MongoDB Company Profile

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.