MongoDB Sees Unusually Large Options Volume (NASDAQ:MDB)

MongoDB, Inc. (NASDAQ:MDB) was the recipient of unusually large options trading on Wednesday. Traders bought 36,130 call options on the stock. This is an increase of 2,077% compared to the average volume of 1,660 call options.

MongoDB Stock Down 2.4%

Shares of MDB opened at $337.60 on Thursday. MongoDB has a 52-week low of $140.78 and a 52-week high of $444.72. The stock has a market cap of $27.48 billion, a PE ratio of -388.05 and a beta of 1.38. The firm’s fifty day moving average is $404.06 and its two-hundred day moving average is $335.90.

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

Insider Buying and Selling

In other 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 sale, the director owned 25,659 shares of the company’s stock, valued at $10,824,249.15. This trade represents a 5.75% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Dwight A. Merriman sold 1,190 shares of the business’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $369.75, for a total transaction of $440,002.50. Following the completion of the transaction, the director owned 80,462 shares of the company’s stock, valued at approximately $29,750,824.50. This represents a 1.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 78,353 shares of company stock worth $31,060,758. 3.10% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in MDB. Central Pacific Bank Trust Division acquired a new stake in shares of MongoDB in the fourth quarter valued at approximately $28,000. Cornerstone Planning Group LLC grew its holdings 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 buying an additional 61 shares in the last quarter. International Assets Investment Management LLC purchased a new stake in MongoDB in the 4th quarter valued at $33,000. Global Trust Asset Management LLC acquired a new stake in shares of MongoDB in the 4th quarter worth $38,000. Finally, Huntington National Bank raised its holdings in shares of MongoDB by 110.9% during the 3rd quarter. Huntington National Bank now owns 97 shares of the company’s stock worth $30,000 after acquiring an additional 51 shares during the period. 89.29% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. Scotiabank lifted their price target on MongoDB from $320.00 to $415.00 and gave the company a “sector perform” rating in a research note on Tuesday, December 2nd. Royal Bank Of Canada set a $500.00 price objective on MongoDB in a report on Thursday, January 15th. Stifel Nicolaus upped their target price on MongoDB from $375.00 to $450.00 and gave the stock a “buy” rating in a research note on Tuesday, December 2nd. BMO Capital Markets increased their target price on MongoDB from $415.00 to $455.00 and gave the company an “outperform” rating in a research report on Tuesday, December 2nd. Finally, Citigroup boosted their price target on shares of MongoDB from $440.00 to $525.00 and gave the stock a “buy” rating in a report on Wednesday, December 3rd. Two investment analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $422.29.

About MongoDB

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.