--- title: "PFA Pension Forsikringsaktieselskab Purchases New Position in MongoDB, Inc. $MDB" type: "News" locale: "en" url: "https://longbridge.com/en/news/285057169.md" description: "PFA Pension Forsikringsaktieselskab has acquired a new stake in MongoDB, Inc. (NASDAQ: MDB), purchasing 35,840 shares valued at approximately $15.1 million in the fourth quarter. Other institutional investors have also increased their positions in MongoDB. The company's stock opened at $263.46, with a market cap of $21.17 billion. MongoDB reported a quarterly EPS of $1.65, exceeding estimates, and analysts have set various price targets, with a consensus rating of \"Moderate Buy\" and an average price target of $361.97." datetime: "2026-05-04T10:29:17.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285057169.md) - [en](https://longbridge.com/en/news/285057169.md) - [zh-HK](https://longbridge.com/zh-HK/news/285057169.md) --- # PFA Pension Forsikringsaktieselskab Purchases New Position in MongoDB, Inc. $MDB PFA Pension Forsikringsaktieselskab purchased a new stake in MongoDB, Inc. (NASDAQ:MDB - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 35,840 shares of the company's stock, valued at approximately $15,097,000. - MongoDB Could Be Setting Up for a Sharp Earnings Rebound A number of other institutional investors and hedge funds have also recently bought and sold shares of MDB. Central Pacific Bank Trust Division purchased a new stake in MongoDB in the 4th quarter valued at $28,000. Huntington National Bank raised its position in MongoDB by 110.9% in the 3rd quarter. Huntington National Bank now owns 97 shares of the company's stock valued at $30,000 after purchasing an additional 51 shares during the last quarter. TD Private Client Wealth LLC raised its position 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 acquired a new stake in shares of MongoDB during the third quarter worth about $37,000. Finally, Global Trust Asset Management LLC acquired a new stake in shares of MongoDB during the fourth quarter worth about $38,000. 89.29% of the stock is owned by hedge funds and other institutional investors. ## MongoDB Stock Performance Shares of MDB opened at $263.46 on Monday. The company has a market capitalization of $21.17 billion, a price-to-earnings ratio of -299.39 and a beta of 1.48. MongoDB, Inc. has a fifty-two week low of $169.26 and a fifty-two week high of $444.72. The firm has a 50-day simple moving average of $264.86 and a 200-day simple moving average of $337.75. - MongoDB Slips Into a Super-Mongo Buying Opportunity MongoDB (NASDAQ:MDB - Get Free Report) last announced its quarterly earnings data on Monday, March 2nd. The company reported $1.65 EPS for the quarter, beating analysts' consensus estimates of $1.47 by $0.18. The firm had revenue of $695.07 million during the quarter, compared to the consensus estimate of $669.40 million. MongoDB had a negative net margin of 2.89% and a negative return on equity of 1.03%. The firm's revenue was up 26.8% compared to the same quarter last year. During the same quarter last year, the firm earned $1.28 earnings per share. Equities research analysts forecast that MongoDB, Inc. will post -0.46 EPS for the current year. ## Analysts Set New Price Targets Several brokerages have recently weighed in on MDB. DA Davidson decreased their target price on shares of MongoDB from $465.00 to $385.00 and set a "buy" rating for the company in a research note on Wednesday, February 25th. Guggenheim reiterated a "buy" rating and set a $475.00 target price on shares of MongoDB in a research note on Tuesday, April 14th. The Goldman Sachs Group decreased their target price on shares of MongoDB from $475.00 to $320.00 and set a "buy" rating for the company in a research note on Wednesday, March 4th. Sanford C. Bernstein downgraded shares of MongoDB from an "outperform" rating to a "market perform" rating in a research note on Tuesday, March 3rd. Finally, Scotiabank upgraded shares of MongoDB from a "sector perform" rating to a "sector outperform" rating and increased their target price for the stock from $275.00 to $310.00 in a research note on Thursday, March 5th. Twenty-six investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, MongoDB has a consensus rating of "Moderate Buy" and an average price target of $361.97. - MarketBeat Week in Review – 12/15 - 12/19 **View Our Latest Stock Analysis on MDB** ## Insider Transactions at MongoDB In related news, Director Hope F. Cochran sold 1,566 shares of the firm's stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $249.33, for a total value of $390,450.78. Following the completion of the sale, the director owned 24,093 shares in the company, valued at $6,007,107.69. This trade represents a 6.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Dwight A. Merriman sold 4,000 shares of the firm's stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $252.33, for a total transaction of $1,009,320.00. Following the completion of the sale, the director owned 476,896 shares of the company's stock, valued at approximately $120,335,167.68. The trade was a 0.83% 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 90 days, insiders sold 13,566 shares of company stock valued at $3,294,891. 3.10% of the stock is owned by insiders. ## MongoDB Company Profile (Free Report) 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. ## Featured Stories - Five stocks we like better than MongoDB _This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com._ ## Should You Invest $1,000 in MongoDB Right Now? Before you consider MongoDB, you'll want to hear this. 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. While MongoDB currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. 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