1,355 Shares in MongoDB, Inc. $MDB Purchased by Proficio Capital Partners LLC

Proficio Capital Partners LLC acquired a new position in shares of MongoDB, Inc. (NASDAQ:MDB) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 1,355 shares of the company’s stock, valued at approximately $455,000.

Several other institutional investors and hedge funds also recently bought and sold shares of MDB. ValueAct Holdings L.P. lifted its position in shares of MongoDB by 206.8% in the third quarter. ValueAct Holdings L.P. now owns 2,118,200 shares of the company’s stock worth $657,447,000 after purchasing an additional 1,427,700 shares in the last quarter. Norges Bank acquired a new stake in shares of MongoDB during the fourth quarter worth approximately $574,821,000. AQR Capital Management LLC grew its position in MongoDB by 2,567.2% during the second quarter. AQR Capital Management LLC now owns 1,111,647 shares of the company’s stock valued at $233,435,000 after purchasing an additional 1,069,969 shares in the last quarter. Amundi grew its position in MongoDB by 61.3% during the third quarter. Amundi now owns 1,483,396 shares of the company’s stock valued at $477,550,000 after purchasing an additional 563,995 shares in the last quarter. Finally, Capital World Investors increased its stake in MongoDB by 129.1% in the 4th quarter. Capital World Investors now owns 980,182 shares of the company’s stock valued at $411,373,000 after buying an additional 552,434 shares during the period. Hedge funds and other institutional investors own 89.29% of the company’s stock.

MongoDB Stock Performance

Shares of MDB stock opened at $375.40 on Thursday. The stock’s 50 day simple moving average is $371.38 and its 200 day simple moving average is $322.40. MongoDB, Inc. has a twelve month low of $215.68 and a twelve month high of $473.10. The company has a market capitalization of $30.19 billion, a price-to-earnings ratio of 528.73, a PEG ratio of 2,412.28 and a beta of 1.58.

MongoDB (NASDAQ:MDB) last announced its earnings results on Tuesday, September 1st. The company reported $1.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.62 by $0.28. MongoDB had a return on equity of 1.07% and a net margin of 2.12%.The firm had revenue of $771.77 million during the quarter, compared to analysts’ expectations of $735.01 million. During the same quarter in the prior year, the business earned $1.00 earnings per share. The company’s revenue was up 30.5% on a year-over-year basis. MongoDB has set its Q3 2027 guidance at 1.570-1.610 EPS and its FY 2027 guidance at 6.390-6.580 EPS. On average, analysts forecast that MongoDB, Inc. will post 0.01 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Bank of America increased their target price on shares of MongoDB from $390.00 to $450.00 and gave the stock a “buy” rating in a research report on Monday, June 8th. Truist Financial increased their price objective on MongoDB from $400.00 to $475.00 and gave the stock a “buy” rating in a report on Thursday, August 20th. Guggenheim restated a “buy” rating and issued a $560.00 target price on shares of MongoDB in a research note on Wednesday. The Goldman Sachs Group raised their price target on MongoDB from $453.00 to $520.00 and gave the stock a “buy” rating in a research note on Wednesday. Finally, Monness Crespi & Hardt lifted their price target on MongoDB from $460.00 to $500.00 and gave the company a “buy” rating in a report on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $471.81.

MongoDB News Roundup

Here are the key news stories impacting MongoDB this week:

• Positive Sentiment: MongoDB reported fiscal Q2 revenue of $771.8 million, up 30.5% year over year and above the roughly $735 million consensus estimate. Adjusted EPS of $1.90 also exceeded expectations of approximately $1.62. MongoDB fiscal second-quarter results
• Positive Sentiment: Management raised fiscal 2027 guidance, projecting revenue of approximately $2.99 billion to $3.03 billion and adjusted EPS of $6.39 to $6.58. Third-quarter guidance also topped consensus, with revenue of $756 million to $761 million and EPS of $1.57 to $1.61. MongoDB raises fiscal 2027 outlook
• Positive Sentiment: Atlas remained a key growth engine, while Enterprise Advanced revenue increased approximately 36%. Management also cited growing adoption of AI workloads across customer-facing and operational applications. MongoDB Q2 earnings call highlights
• Neutral Sentiment: Analyst opinion remained broadly constructive. Goldman Sachs raised its price target to $520, while Barclays, Mizuho, Scotiabank and Rosenblatt also increased targets. However, UBS and several other firms reduced targets, citing valuation or growth concerns, though most maintained positive ratings.
• Negative Sentiment: Atlas revenue growth of approximately 29% was viewed as insufficient by investors expecting a faster acceleration. Analysts described the quarter as high quality but noted that Atlas growth was broadly consistent with recent periods rather than showing the anticipated inflection. Analysts discuss MongoDB Atlas growth
• Negative Sentiment: Investors also reacted to higher AI and infrastructure spending, which could pressure margins, and to management’s indication that a meaningful Atlas growth inflection may be several quarters away. The sharp selloff suggests the market was priced for stronger near-term growth despite the earnings beat and raised outlook. AI infrastructure costs weigh on MongoDB shares

Insider Buying and Selling

In other news, CFO Michael J. Berry sold 5,000 shares of the firm’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $356.63, for a total value of $1,783,150.00. Following the sale, the chief financial officer directly owned 1,500 shares of the company’s stock, valued at approximately $534,945. This trade represents a 76.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Hope F. Cochran sold 1,000 shares of the business’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $350.00, for a total value of $350,000.00. Following the transaction, the director directly owned 29,326 shares of the company’s stock, valued at $10,264,100. This represents a 3.30% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 40,696 shares of company stock valued at $16,098,655. Company insiders own 2.60% of the company’s stock.

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.