Andra AP fonden Has $12.22 Million Stake in MongoDB, Inc. $MDB

Andra AP fonden lowered its position in MongoDB, Inc. (NASDAQ:MDB) by 25.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 39,369 shares of the company’s stock after selling 13,400 shares during the quarter. Andra AP fonden’s holdings in MongoDB were worth $12,219,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Montag A & Associates Inc. boosted its stake in shares of MongoDB by 144.3% in the 2nd quarter. Montag A & Associates Inc. now owns 171 shares of the company’s stock valued at $36,000 after purchasing an additional 101 shares in the last quarter. Promus Capital LLC bought a new position in MongoDB in the second quarter valued at approximately $36,000. TD Private Client Wealth LLC boosted its position in shares of MongoDB by 2,825.0% in the 3rd quarter. TD Private Client Wealth LLC now owns 117 shares of the company’s stock worth $36,000 after purchasing an additional 113 shares during the last quarter. Hollencrest Capital Management acquired a new position in shares of MongoDB during the 3rd quarter worth about $37,000. Finally, Westside Investment Management Inc. increased its stake in MongoDB by 82.1% in the third quarter. Westside Investment Management Inc. now owns 122 shares of the company’s stock valued at $39,000 after purchasing an additional 55 shares in the last quarter. Institutional investors own 89.29% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. BMO Capital Markets dropped their price target on MongoDB from $455.00 to $400.00 and set an “outperform” rating on the stock in a research report on Thursday. Bank of America boosted their price target on MongoDB from $440.00 to $480.00 and gave the stock a “buy” rating in a research report on Tuesday, December 2nd. Raymond James Financial initiated coverage on shares of MongoDB in a research note on Monday, December 15th. They issued a “market perform” rating on the stock. Cantor Fitzgerald raised their price target on shares of MongoDB from $406.00 to $454.00 and gave the stock an “overweight” rating in a research report on Tuesday, December 2nd. Finally, Wells Fargo & Company upped their price objective on shares of MongoDB from $430.00 to $450.00 and gave the stock an “overweight” rating in a research report on Tuesday, December 2nd. Two investment analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $416.15.

MongoDB Stock Performance

Shares of NASDAQ MDB opened at $328.47 on Friday. The company has a market capitalization of $26.73 billion, a P/E ratio of -377.55 and a beta of 1.38. The company’s 50 day moving average price is $385.52 and its 200-day moving average price is $348.93. MongoDB, Inc. has a 52-week low of $140.78 and a 52-week high of $444.72.

MongoDB (NASDAQ:MDB) last issued its quarterly earnings results on Monday, December 1st. The company reported $1.32 earnings per share 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 firm had revenue of $628.31 million during the quarter, compared to the consensus estimate of $592.98 million. During the same period last year, the business posted $1.16 EPS. The business’s 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. Analysts forecast that MongoDB, Inc. will post -1.78 earnings per share for the current year.

Insider Transactions at MongoDB

In related news, Director Hope F. Cochran sold 1,566 shares of the business’s stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $421.85, for a total value of $660,617.10. Following the completion of the sale, the director directly owned 25,659 shares of the company’s stock, valued at $10,824,249.15. The trade was a 5.75% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Thomas Bull sold 555 shares of the company’s stock in a transaction on Monday, December 8th. The stock was sold at an average price of $413.86, for a total transaction of $229,692.30. Following the transaction, the chief accounting officer owned 10,784 shares in the company, valued at approximately $4,463,066.24. The trade was a 4.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 62,353 shares of company stock valued at $25,440,798. 3.10% of the stock is currently owned by corporate insiders.

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.