ABN Amro Investment Solutions Boosts Stock Holdings in MongoDB, Inc. $MDB

ABN Amro Investment Solutions increased its holdings in shares of MongoDB, Inc. (NASDAQ:MDB) by 12.0% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 14,312 shares of the company’s stock after purchasing an additional 1,534 shares during the period. ABN Amro Investment Solutions’ holdings in MongoDB were worth $4,442,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of MDB. Integrated Wealth Concepts LLC increased its holdings in shares of MongoDB by 31.6% in the 1st quarter. Integrated Wealth Concepts LLC now owns 1,363 shares of the company’s stock valued at $239,000 after acquiring an additional 327 shares during the period. NewEdge Advisors LLC boosted its position in MongoDB by 55.0% during the first quarter. NewEdge Advisors LLC now owns 4,238 shares of the company’s stock valued at $743,000 after purchasing an additional 1,504 shares in the last quarter. Sivia Capital Partners LLC bought a new stake in MongoDB during the second quarter valued at about $329,000. Apollon Wealth Management LLC purchased a new position in MongoDB in the second quarter valued at about $274,000. Finally, Allspring Global Investments Holdings LLC raised its holdings in MongoDB by 4.9% in the second quarter. Allspring Global Investments Holdings LLC now owns 3,354 shares of the company’s stock worth $691,000 after purchasing an additional 158 shares in the last quarter. 89.29% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at MongoDB

In related news, CAO Thomas Bull sold 555 shares of the business’s stock in a transaction on Monday, December 8th. The shares were sold at an average price of $413.86, for a total transaction of $229,692.30. Following the completion of the transaction, the chief accounting officer directly owned 10,784 shares in the company, valued at $4,463,066.24. The trade was a 4.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Roelof Botha sold 24,850 shares of the company’s stock in a transaction 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 completion of the sale, the director directly owned 194,600 shares in the company, valued at approximately $78,978,410. The trade was a 11.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 62,353 shares of company stock valued at $25,440,798 over the last quarter. Insiders own 3.10% of the company’s stock.

MongoDB Stock Performance

Shares of MDB stock opened at $368.40 on Monday. MongoDB, Inc. has a fifty-two week low of $140.78 and a fifty-two week high of $444.72. The firm has a market capitalization of $29.98 billion, a PE ratio of -423.45 and a beta of 1.38. The stock’s 50-day simple moving average is $401.94 and its 200-day simple moving average is $342.60.

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. MongoDB had a negative return on equity of 1.12% and a negative net margin of 3.06%.The firm had revenue of $628.31 million for the quarter, compared to analyst estimates of $592.98 million. During the same quarter in the prior year, the firm earned $1.16 earnings per share. MongoDB’s revenue for the quarter was up 18.7% on a year-over-year basis. MongoDB has set its Q4 2026 guidance at 1.440-1.480 EPS and its FY 2026 guidance at 4.760-4.800 EPS. Sell-side analysts forecast that MongoDB, Inc. will post -1.78 earnings per share for the current year.

Wall Street Analyst Weigh In

MDB has been the subject of several recent analyst reports. Robert W. Baird boosted their price objective on shares of MongoDB from $335.00 to $500.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 2nd. Sanford C. Bernstein increased their price objective on MongoDB from $338.00 to $452.00 and gave the company an “outperform” rating in a report on Tuesday, December 2nd. Canaccord Genuity Group raised 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. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of MongoDB in a research report on Monday, December 29th. Finally, Citigroup raised their price target on MongoDB from $440.00 to $525.00 and gave the stock a “buy” rating in a report on Wednesday, December 3rd. Two research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, MongoDB has an average rating of “Moderate Buy” and a consensus target price of $422.29.

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.