Allspring Global Investments Holdings LLC Acquires 80,325 Shares of MongoDB, Inc. $MDB

Allspring Global Investments Holdings LLC lifted its holdings in shares of MongoDB, Inc. (NASDAQ:MDB) by 884.6% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 89,405 shares of the company’s stock after buying an additional 80,325 shares during the period. Allspring Global Investments Holdings LLC’s holdings in MongoDB were worth $35,731,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. Cramer Rosenthal Mcglynn LLC increased its holdings in MongoDB by 897.7% in the 3rd quarter. Cramer Rosenthal Mcglynn LLC now owns 57,795 shares of the company’s stock worth $17,938,000 after purchasing an additional 52,002 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of MongoDB by 1,277.1% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,219 shares of the company’s stock valued at $5,655,000 after purchasing an additional 16,896 shares in the last quarter. Pacer Advisors Inc. boosted its stake in shares of MongoDB by 209.0% during the third quarter. Pacer Advisors Inc. now owns 4,549 shares of the company’s stock valued at $1,412,000 after purchasing an additional 3,077 shares in the last quarter. Penserra Capital Management LLC grew its holdings in shares of MongoDB by 42.1% during the third quarter. Penserra Capital Management LLC now owns 135,036 shares of the company’s stock worth $41,910,000 after purchasing an additional 39,978 shares during the last quarter. Finally, Pinegrove Venture Partners LLC acquired a new position in MongoDB in the 3rd quarter valued at approximately $1,032,000. 89.29% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

MDB has been the topic of several analyst reports. The Goldman Sachs Group reduced their price objective on shares of MongoDB from $475.00 to $320.00 and set a “buy” rating on the stock in a research note on Wednesday, March 4th. Bank of America reaffirmed a “buy” rating on shares of MongoDB in a research note on Tuesday, March 3rd. Argus increased their target price on shares of MongoDB from $340.00 to $488.00 and gave the company a “buy” rating in a research report on Thursday, December 4th. UBS Group reduced their price objective on shares of MongoDB from $440.00 to $275.00 and set a “neutral” rating on the stock in a research note on Tuesday, March 3rd. Finally, BMO Capital Markets reiterated an “outperform” rating and set a $340.00 price objective (down from $400.00) on shares of MongoDB in a research report on Tuesday, March 3rd. Twenty-seven equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, MongoDB has an average rating of “Moderate Buy” and a consensus price target of $360.03.

Insider Activity at MongoDB

In related news, Director Dwight A. Merriman sold 1,190 shares of the firm’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $369.75, for a total value of $440,002.50. Following the transaction, the director owned 80,462 shares of the company’s stock, valued at approximately $29,750,824.50. This trade represents a 1.46% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold 18,329 shares of company stock worth $7,465,668 over the last ninety days. Insiders own 3.10% of the company’s stock.

MongoDB News Roundup

Here are the key news stories impacting MongoDB this week:

• Positive Sentiment: Unusually large call buying — traders purchased roughly 36,130 call options (~+2,077% vs. average), signaling aggressive bullish bets or directional hedging by speculators. Article Title
• Neutral Sentiment: Options flow is mixed — alongside the surge in calls, about 23,831 put options were also bought (~+2,157% vs. average), suggesting substantial two‑sided positioning and higher near-term volatility expectations.
• Negative Sentiment: Zacks downgraded MDB from “hold” to “strong sell,” a clear near‑term bearish catalyst that can increase selling pressure from investors tracking sell‑side signals. Article Title
• Negative Sentiment: Recent coverage highlights that MDB is down since its last earnings report (~-3.2%), keeping focus on whether revenue/guide trends justify the current multiple and raising caution among momentum investors. Article Title

MongoDB Stock Performance

MDB stock opened at $253.12 on Friday. MongoDB, Inc. has a fifty-two week low of $140.78 and a fifty-two week high of $444.72. The stock’s 50 day simple moving average is $311.62 and its 200 day simple moving average is $347.06. The company has a market cap of $20.34 billion, a P/E ratio of -287.64 and a beta of 1.60.

MongoDB (NASDAQ:MDB) last issued its earnings results on Monday, March 2nd. The company reported $1.65 earnings per share for the quarter, topping analysts’ consensus estimates of $1.47 by $0.18. MongoDB had a negative return on equity of 1.03% and a negative net margin of 2.89%.The company had revenue of $695.07 million for the quarter, compared to analyst estimates of $669.40 million. During the same period in the prior year, the firm earned $1.28 earnings per share. MongoDB’s revenue for the quarter was up 26.8% on a year-over-year basis. Equities analysts predict that MongoDB, Inc. will post -1.78 earnings per share for the current year.

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.