<div id="readability-page-1"><p>Garde Capital Inc. increased its stake in  MongoDB, Inc. (NASDAQ:MDB - Free Report) by 20,000.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,005 shares of the company's stock after purchasing an additional 1,000 shares during the period. Garde Capital Inc.'s holdings in MongoDB were worth $211,000 as of its most recent filing with the SEC.</p><ul><li>August's Most Upgraded: 3 Stocks With +20 Price Target Increases</li></ul><p>A number of other hedge funds also recently modified their holdings of the stock. Handelsbanken Fonder AB increased its position in shares of  MongoDB by 0.4% in the first quarter. Handelsbanken Fonder AB now owns 14,816 shares of the company's stock worth $2,599,000 after purchasing an additional 65 shares during the period.  Wedbush Securities Inc. increased its position in shares of  MongoDB by 2.6% in the first quarter. Wedbush Securities Inc. now owns 3,022 shares of the company's stock worth $530,000 after purchasing an additional 77 shares during the period.  Fifth Third Bancorp increased its position in shares of  MongoDB by 15.9% in the first quarter. Fifth Third Bancorp now owns 569 shares of the company's stock worth $100,000 after purchasing an additional 78 shares during the period.  Arizona State Retirement System increased its position in shares of  MongoDB by 0.4% in the first quarter. Arizona State Retirement System now owns 21,504 shares of the company's stock worth $3,772,000 after purchasing an additional 83 shares during the period.  Finally, Moody National Bank Trust Division increased its position in shares of  MongoDB by 5.6% in the first quarter. Moody National Bank Trust Division now owns 1,751 shares of the company's stock worth $307,000 after purchasing an additional 93 shares during the period. Institutional investors own  89.29% of the company's stock. </p><h2>MongoDB Trading Down 0.6%</h2><p>Shares of MDB stock opened at $330.10 on Friday. The business's 50-day moving average price is $246.21 and its 200-day moving average price is $209.62. MongoDB, Inc. has a 12 month low of $140.78 and a 12 month high of $370.00. The firm has a market capitalization of $26.86 billion, a price-to-earnings ratio of -336.84 and a beta of 1.49. </p><h2>Analyst Upgrades and Downgrades</h2><ul><li>What to Expect From the Q3 Reporting Season</li></ul><p>A number of brokerages recently commented on MDB. DA Davidson raised their price target on MongoDB from $275.00 to $325.00 and gave the stock a &#34;buy&#34; rating in a research report on Wednesday, August 27th. Royal Bank Of Canada  reaffirmed an &#34;outperform&#34; rating and issued a $350.00 price objective on shares of MongoDB in a research note on Tuesday, September 2nd. Sanford C. Bernstein raised their price objective on MongoDB from $319.00 to $338.00 and gave the company an &#34;outperform&#34; rating in a research note on Wednesday, August 27th. Monness Crespi &amp; Hardt raised their price objective on MongoDB from $295.00 to $360.00 and gave the company a &#34;buy&#34; rating in a research note on Wednesday, August 27th. Finally, Barclays raised their price objective on MongoDB from $270.00 to $305.00 and gave the company an &#34;overweight&#34; rating in a research note on Wednesday, August 27th. One investment analyst  has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and ten have issued  a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of &#34;Moderate Buy&#34; and an average target price of $310.86.</p><p><b>Read Our Latest Stock Analysis on MDB</b></p><h2>Insider Transactions at MongoDB</h2><ul><li>Top 5 September Stock Picks: Market Tailwinds Drive New Momentum</li></ul><p>In other news, Director Dwight A. Merriman sold 1,000 shares of MongoDB stock in a transaction dated Friday, July 25th. The stock was sold at an average price of $245.00, for a total transaction of $245,000.00. Following the sale, the director directly owned 1,104,316 shares of the company's stock, valued at approximately $270,557,420. This trade represents a 0.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Dev Ittycheria sold 33,320 shares of MongoDB stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $301.29, for a total value of $10,038,982.80. Following the sale, the chief executive officer directly owned 203,237 shares in the company, valued at $61,233,275.73. The trade was a 14.09% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 59,730 shares of company stock valued at $16,292,409. Company insiders own  3.10% of the company's stock. </p><h2>MongoDB Company Profile</h2> (Free Report)<p>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.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than MongoDB</li><li>Comparing and Trading High PE Ratio Stocks</li><li>Ride the Luxury Retail Wave with These 3 High-End Brand Stocks</li><li>What is the FTSE 100 index? </li><li>Wall Street Quietly Bets Big on These Chinese Tech Giants</li><li>How to buy stock: A step-by-step guide for beginners </li><li>Meta's $600B U.S. Investment: Bearish or Bullish for Shares? </li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TURC?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TURC"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in MongoDB Right Now?</h2><p>Before you consider MongoDB, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and MongoDB wasn't on the list.</p><p>While MongoDB currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Garde Capital Inc. significantly increased its stake in MongoDB, Inc. by 20,000% during Q2, acquiring an additional 1,000 shares, bringing its total to 1,005 shares valued at $211,000. Other institutional investors also raised their holdings in MongoDB. The stock opened at $330.10, with a market cap of $26.86 billion. Analysts have upgraded their price targets for MongoDB, with an average target price of $310.86 and a consensus rating of "Moderate Buy."</p>

Garde Capital Inc. Purchases 1,000 Shares of MongoDB, Inc. $MDB