EMC Capital Management Grows Position in MongoDB, Inc. $MDB

EMC Capital Management boosted its stake in shares of MongoDB, Inc. (NASDAQ:MDB) by 25.5% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 5,420 shares of the company’s stock after purchasing an additional 1,100 shares during the period. MongoDB comprises approximately 0.6% of EMC Capital Management’s investment portfolio, making the stock its 10th biggest holding. EMC Capital Management’s holdings in MongoDB were worth $1,138,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in MDB. Montag A & Associates Inc. boosted its stake in MongoDB by 144.3% in 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 during the last quarter. True Wealth Design LLC raised its holdings in shares of MongoDB by 1,193.8% in the 2nd quarter. True Wealth Design LLC now owns 207 shares of the company’s stock worth $43,000 after purchasing an additional 191 shares during the period. State of Wyoming bought a new stake in shares of MongoDB in the 1st quarter worth approximately $62,000. Brooklyn Investment Group lifted its stake in MongoDB by 247.9% in the first quarter. Brooklyn Investment Group now owns 407 shares of the company’s stock valued at $71,000 after purchasing an additional 290 shares during the last quarter. Finally, SVB Wealth LLC bought a new position in MongoDB during the first quarter valued at $96,000. Hedge funds and other institutional investors own 89.29% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on MDB shares. Morgan Stanley upped their price target on MongoDB from $325.00 to $400.00 and gave the company an “overweight” rating in a research report on Thursday, November 6th. Bank of America upped their price objective on shares of MongoDB from $345.00 to $380.00 and gave the company a “buy” rating in a report on Thursday, September 18th. Macquarie increased their target price on shares of MongoDB from $265.00 to $305.00 and gave the stock a “neutral” rating in a research report on Thursday, September 18th. Zacks Research lowered shares of MongoDB from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 4th. Finally, Cantor Fitzgerald upped their price target on shares of MongoDB from $312.00 to $406.00 and gave the company an “overweight” rating in a research note on Thursday, September 18th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, MongoDB has a consensus rating of “Moderate Buy” and an average price target of $354.97.

MongoDB Trading Down 0.5%

MDB stock opened at $337.86 on Wednesday. The firm has a 50 day moving average of $332.97 and a 200-day moving average of $259.63. MongoDB, Inc. has a 12 month low of $140.78 and a 12 month high of $385.44. The firm has a market capitalization of $27.49 billion, a P/E ratio of -344.76 and a beta of 1.52.

MongoDB (NASDAQ:MDB) last posted its earnings results on Tuesday, August 26th. The company reported ($0.38) earnings per share for the quarter, missing analysts’ consensus estimates of $0.66 by ($1.04). MongoDB had a negative return on equity of 1.67% and a negative net margin of 3.54%.The firm had revenue of $591.40 million for the quarter, compared to the consensus estimate of $553.23 million. During the same period last year, the company posted $0.70 EPS. The business’s revenue was up 23.7% on a year-over-year basis. MongoDB has set its FY 2026 guidance at 3.640-3.730 EPS. Q3 2026 guidance at 0.760-0.790 EPS. Sell-side analysts predict that MongoDB, Inc. will post -1.78 EPS for the current year.

Insider Buying and Selling

In other MongoDB news, Director Dwight A. Merriman sold 10,000 shares of the firm’s stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $338.52, for a total value of $3,385,200.00. Following the sale, the director owned 1,055,316 shares of the company’s stock, valued at $357,245,572.32. This trade represents a 0.94% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Charles M. Hazard, Jr. sold 833 shares of MongoDB stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $383.72, for a total value of $319,638.76. Following the sale, the director owned 45,700 shares of the company’s stock, valued at approximately $17,536,004. This trade represents a 1.79% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 124,492 shares of company stock worth $39,833,319. Corporate insiders own 3.10% of the company’s stock.

About MongoDB

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.