WJ Financial Advisors LLC Takes Position in MongoDB, Inc. $MDB

WJ Financial Advisors LLC acquired a new position in shares of MongoDB, Inc. (NASDAQ:MDB) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 8,448 shares of the company’s stock, valued at approximately $2,622,000. MongoDB makes up approximately 2.5% of WJ Financial Advisors LLC’s investment portfolio, making the stock its 9th largest position.

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

Insider Buying and Selling

In related news, Director Roelof Botha sold 24,850 shares of the business’s stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $405.85, for a total value of $10,085,372.50. Following the transaction, the director 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 transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Dwight A. Merriman sold 1,190 shares of the company’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $369.75, for a total value of $440,002.50. Following the completion of the transaction, the director directly owned 80,462 shares in the company, valued at approximately $29,750,824.50. The trade was a 1.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 62,353 shares of company stock worth $25,440,798 over the last three months. 3.10% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

MDB has been the subject of a number of analyst reports. Weiss Ratings reissued a “sell (d-)” rating on shares of MongoDB in a research report on Monday, December 29th. Needham & Company LLC reissued a “buy” rating and set a $500.00 price target on shares of MongoDB in a research note on Tuesday, January 20th. Robert W. Baird lifted their price objective on MongoDB from $335.00 to $500.00 and gave the company an “outperform” rating in a research report on Tuesday, December 2nd. Wall Street Zen downgraded MongoDB from a “buy” rating to a “hold” rating in a research report on Saturday, February 7th. Finally, Wedbush lifted their price target on MongoDB from $400.00 to $440.00 and gave the company an “outperform” rating in a report on Tuesday, December 2nd. Two research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, MongoDB currently has an average rating of “Moderate Buy” and an average target price of $422.29.

MongoDB Stock Performance

Shares of NASDAQ:MDB opened at $368.40 on Friday. MongoDB, Inc. has a 1 year low of $140.78 and a 1 year high of $444.72. The stock has a market capitalization of $29.98 billion, a P/E ratio of -423.45 and a beta of 1.38. The stock has a 50-day simple moving average of $401.94 and a 200-day simple moving average of $341.21.

MongoDB (NASDAQ:MDB) last posted its quarterly earnings results on Monday, December 1st. The company reported $1.32 EPS for the quarter, beating the consensus estimate of $0.79 by $0.53. MongoDB had a negative net margin of 3.06% and a negative return on equity of 1.12%. The firm had revenue of $628.31 million for the quarter, compared to analyst estimates of $592.98 million. During the same quarter last year, the firm posted $1.16 earnings per share. MongoDB’s revenue for the quarter 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 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.