Oak Thistle LLC Sells 9,210 Shares of MongoDB, Inc. $MDB

Oak Thistle LLC lowered its holdings in MongoDB, Inc. (NASDAQ:MDB) by 62.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,595 shares of the company’s stock after selling 9,210 shares during the period. Oak Thistle LLC’s holdings in MongoDB were worth $1,737,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in shares of MongoDB by 9.5% in the 2nd quarter. Vanguard Group Inc. now owns 8,554,315 shares of the company’s stock worth $1,796,321,000 after buying an additional 744,547 shares during the last quarter. State Street Corp raised its position in MongoDB by 5.0% in the second quarter. State Street Corp now owns 1,693,194 shares of the company’s stock worth $355,554,000 after acquiring an additional 80,334 shares during the period. Geode Capital Management LLC raised its position in MongoDB by 5.2% in the second quarter. Geode Capital Management LLC now owns 1,397,898 shares of the company’s stock worth $292,597,000 after acquiring an additional 68,611 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in MongoDB by 11.3% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,271,444 shares of the company’s stock valued at $223,011,000 after acquiring an additional 129,451 shares during the last quarter. Finally, AQR Capital Management LLC grew its position in shares of MongoDB by 2,567.2% during the 2nd quarter. AQR Capital Management LLC now owns 1,111,647 shares of the company’s stock valued at $233,435,000 after acquiring an additional 1,069,969 shares during the period. Institutional investors own 89.29% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on MDB. Sanford C. Bernstein lifted their price target on shares of MongoDB from $338.00 to $452.00 and gave the stock an “outperform” rating in a report on Tuesday, December 2nd. Monness Crespi & Hardt raised their target price on MongoDB from $360.00 to $475.00 and gave the stock a “buy” rating in a research report on Tuesday, December 2nd. Barclays boosted their target price on MongoDB from $390.00 to $415.00 and gave the company an “overweight” rating in a research note on Tuesday, December 2nd. Zacks Research upgraded MongoDB from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, December 3rd. Finally, Citizens Jmp lifted their price objective on MongoDB from $435.00 to $475.00 and gave the stock a “market outperform” rating in a report on Tuesday, December 2nd. Two analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $414.97.

MongoDB Price Performance

MongoDB stock opened at $412.35 on Thursday. The firm has a market capitalization of $33.56 billion, a P/E ratio of -473.97 and a beta of 1.45. MongoDB, Inc. has a one year low of $140.78 and a one year high of $432.55. The business has a fifty day moving average price of $356.15 and a 200-day moving average price of $287.26.

MongoDB (NASDAQ:MDB) last released its quarterly earnings data on Monday, December 1st. The company reported $1.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.79 by $0.53. The company had revenue of $628.31 million for the quarter, compared to analyst estimates of $592.98 million. MongoDB had a negative return on equity of 1.12% and a negative net margin of 3.06%.The firm’s revenue for the quarter was up 18.7% compared to the same quarter last year. During the same period in the previous year, the company posted $1.16 EPS. 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 expect that MongoDB, Inc. will post -1.78 earnings per share for the current fiscal year.

Insider Buying and Selling at MongoDB

In other news, Director Peter Thomas Killalea sold 20,000 shares of the business’s stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $321.87, for a total transaction of $6,437,400.00. Following the completion of the transaction, the director directly owned 32,293 shares in the company, valued at $10,394,147.91. The trade was a 38.25% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Roelof Botha sold 24,850 shares of the company’s stock in a transaction on Friday, December 5th. The stock was sold at an average price of $405.85, for a total transaction of $10,085,372.50. Following the completion of the transaction, 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 position. The SEC filing for this sale provides additional information. Insiders sold a total of 118,403 shares of company stock valued at $41,054,275 in the last three months. Company insiders own 3.10% of the company’s stock.

MongoDB Profile

MongoDB, Inc, together with its subsidiaries, provides general purpose database platform worldwide. The company provides MongoDB Atlas, a hosted multi-cloud database-as-a-service solution; MongoDB Enterprise Advanced, a commercial database server for enterprise customers to run in the cloud, on-premises, or in a hybrid environment; and Community Server, a free-to-download version of its database, which includes the functionality that developers need to get started with MongoDB.