MongoDB (NASDAQ:MDB) Director Dwight Merriman Sells 10,000 Shares

MongoDB, Inc. (NASDAQ:MDB) Director Dwight Merriman sold 10,000 shares of MongoDB stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $407.70, for a total transaction of $4,077,000.00. Following the completion of the sale, the director directly owned 1,031,316 shares of the company’s stock, valued at approximately $420,467,533.20. This trade represents a 0.96% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

MongoDB Price Performance

NASDAQ MDB opened at $389.20 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 $31.68 billion, a price-to-earnings ratio of -447.36 and a beta of 1.38. The business’s fifty day moving average price is $392.54 and its 200-day moving average price is $317.91.

MongoDB (NASDAQ:MDB) last posted its quarterly earnings data on Monday, December 1st. The company reported $1.32 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.53. The company had revenue of $628.31 million during the quarter, compared to analysts’ expectations of $592.98 million. MongoDB had a negative return on equity of 1.12% and a negative net margin of 3.06%.MongoDB’s revenue for the quarter was up 18.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.16 earnings per share. MongoDB has set its Q4 2026 guidance at 1.440-1.480 EPS and its FY 2026 guidance at 4.760-4.800 EPS. Equities research analysts anticipate that MongoDB, Inc. will post -1.78 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on MDB. Bank of America raised their target price on MongoDB from $440.00 to $480.00 and gave the stock a “buy” rating in a report on Tuesday, December 2nd. BMO Capital Markets upped their price target on MongoDB from $415.00 to $455.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 2nd. Cantor Fitzgerald raised their price objective on MongoDB from $406.00 to $454.00 and gave the stock an “overweight” rating in a research note on Tuesday, December 2nd. Macquarie boosted their price objective on MongoDB from $305.00 to $385.00 and gave the company a “neutral” rating in a research note on Tuesday, December 2nd. Finally, Wells Fargo & Company increased their target price on shares of MongoDB from $430.00 to $450.00 and gave the stock an “overweight” rating in a report on Tuesday, December 2nd. Two investment analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $420.26.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Central Pacific Bank Trust Division purchased a new stake in MongoDB during the 4th quarter valued at approximately $28,000. Huntington National Bank boosted its position in shares of MongoDB by 110.9% during the third quarter. Huntington National Bank now owns 97 shares of the company’s stock worth $30,000 after acquiring an additional 51 shares during the last quarter. Montag A & Associates Inc. grew its stake in MongoDB by 144.3% during the second quarter. Montag A & Associates Inc. now owns 171 shares of the company’s stock valued at $36,000 after acquiring an additional 101 shares in the last quarter. Promus Capital LLC bought a new stake in MongoDB in the 2nd quarter valued at $36,000. Finally, TD Private Client Wealth LLC increased its holdings 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 acquiring an additional 113 shares during the last quarter. 89.29% of the stock is currently owned by institutional investors.

MongoDB News Roundup

Here are the key news stories impacting MongoDB this week:

• Positive Sentiment: MongoDB announced an industry-first expansion of its AI capabilities by integrating Voyage 4 embedding and reranking models to deliver a unified data intelligence layer for production AI — a move that should boost MongoDB’s relevance for AI workloads and increase Atlas usage. MongoDB Sets a New Standard for Retrieval Accuracy
• Positive Sentiment: MongoDB expanded its “MongoDB for Startups” program to give early-stage companies a production-ready data foundation; the program’s participants now represent over $200B in combined valuation, which could accelerate long-term customer acquisition and upsell into paid Atlas/Cloud services. MongoDB for Startups Expands
• Positive Sentiment: Needham & Company reaffirmed a Buy on MDB, providing institutional validation that may support demand for the shares. Needham Reaffirms Buy
• Positive Sentiment: Mentioned by Zacks as one of “5 Growth Stocks to Buy” for January amid strong earnings outlooks and AI demand — another signal that analysts see durable growth drivers. 5 Growth Stocks to Buy in January
• Positive Sentiment: Zacks published a piece noting MDB is trading near its 52-week high, citing accelerating Atlas adoption and AI workloads as valuation supports — commentary that can attract momentum buyers. MDB Trades Near 52-Week High
• Neutral Sentiment: Generic market-data coverage of MDB share price is available (tracking intraday moves and historicals) but adds little new qualitative insight. MongoDB Share Price (Economic Times)
• Negative Sentiment: Director Dwight A. Merriman sold multiple blocks of MDB stock between Jan 13–15 (reported sales at average prices ~\$388–\$418). Insider selling totaling roughly 17,100 shares across the dates can create short-term selling pressure or raise questions for some investors, though his remaining stake remains large. SEC Form 4 Filing
• Negative Sentiment: MDB dropped sharply on Jan 14 (reported ~5.9% decline on that session), reflecting transient profit-taking or market rotation; this recent volatility could weigh on near-term sentiment. MDB Declines More Than Market

About MongoDB

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.