<div id="readability-page-1">Proem Advisors LLC purchased a new position in MongoDB, Inc. (NASDAQ:MDB - Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities &amp; Exchange Commission. The fund purchased 23,489 shares of the company's stock, valued at approximately $7,291,000. MongoDB comprises about 0.8% of Proem Advisors LLC's holdings, making the stock its 17th largest holding.<ul><li>MarketBeat Week in Review – 12/15 - 12/19</li></ul>Other large investors also recently made changes to their positions in the company. Montag A &amp; Associates Inc. lifted its position in MongoDB by 144.3% during the 2nd quarter. Montag A &amp; Associates Inc. now owns 171 shares of the company's stock worth $36,000 after acquiring an additional 101 shares during the last quarter. Promus Capital LLC acquired a new stake in MongoDB in the 2nd quarter valued at approximately $36,000. TD Private Client Wealth LLC increased its position in MongoDB by 2,825.0% during the third quarter. TD Private Client Wealth LLC now owns 117 shares of the company's stock worth $36,000 after acquiring an additional 113 shares during the period. True Wealth Design LLC boosted its holdings in MongoDB by 1,193.8% in the 2nd quarter. True Wealth Design LLC now owns 207 shares of the company's stock valued at $43,000 after purchasing an additional 191 shares during the period. Finally, Geneos Wealth Management Inc. grew its position in MongoDB by 79.7% in the 2nd quarter. Geneos Wealth Management Inc. now owns 221 shares of the company's stock worth $46,000 after purchasing an additional 98 shares during the last quarter. Institutional investors own 89.29% of the company's stock. <h2>Insider Activity at MongoDB</h2>In other news, Director Hope F. Cochran sold 1,566 shares of the business's stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $421.85, for a total value of $660,617.10. Following the transaction, the director owned 25,659 shares in the company, valued at approximately $10,824,249.15. The trade was a 5.75% decrease in their position. The sale was disclosed in a document filed with the Securities &amp; Exchange Commission, which is accessible through this link. Also, Director Dwight A. Merriman sold 10,000 shares of the firm's stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $338.52, for a total transaction of $3,385,200.00. Following the sale, the director directly owned 1,055,316 shares of the company's stock, valued at approximately $357,245,572.32. This trade represents a 0.94% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 82,162 shares of company stock valued at $32,384,092 in the last quarter. Insiders own 3.10% of the company's stock. <h2>MongoDB Price Performance</h2><ul><li>MongoDB Could Hit Record Highs—But You’ll Need to Move Fast</li></ul>MongoDB stock opened at $404.64 on Friday. The company has a market cap of $32.93 billion, a price-to-earnings ratio of -465.10 and a beta of 1.38. The firm has a 50-day moving average of $395.49 and a 200-day moving average of $324.35. MongoDB, Inc. has a one year low of $140.78 and a one year high of $444.72. MongoDB (NASDAQ:MDB - Get Free Report) last posted its quarterly earnings results on Monday, December 1st. The company reported $1.32 EPS for the quarter, topping analysts' consensus estimates of $0.79 by $0.53. The business 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 quarterly revenue was up 18.7% on a year-over-year basis. During the same quarter last year, the company posted $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. As a group, sell-side analysts expect that MongoDB, Inc. will post -1.78 earnings per share for the current year. <h2>MongoDB News Roundup</h2><ul><li>MarketBeat Week in Review – 12/1 - 12/5</li></ul>Here are the key news stories impacting MongoDB this week:<ul> <li>Positive Sentiment: Needham &amp; Company reiterated its Buy rating on MDB, reinforcing institutional confidence in growth and likely supporting demand for shares. Needham Reiterates Buy</li> <li>Positive Sentiment: Truist reiterated a Buy rating after a positive local San Francisco event, which can boost sentiment among growth-oriented investors. Truist Reiterates Buy</li> <li>Positive Sentiment: MDB was included in media lists recommending software names to buy for exposure to cloud-native / AI tailwinds, which can attract retail and thematic ETF flows. Software Stocks to Buy</li> <li>Neutral Sentiment: Analysis piece examines MDB’s valuation after a recent pullback and highlights a DCF “fair value gap” — useful for longer-term investors but not an immediate catalyst. Valuation Assessment</li> <li>Neutral Sentiment: Coverage noting that Nasdaq index funds track cloud-native software (including MongoDB) may support passive inflows over time; not an immediate driver but structurally positive. Index Fund Coverage</li> <li>Positive Sentiment: Unusually large call option purchases were reported (36,130 calls), which often signals bullish speculative positioning or hedged buy-side activity and can amplify upside in the underlying shares. (news aggregation)</li> <li>Negative Sentiment: At the same time, large put option activity was also reported (23,831 puts) and separate reports highlighted heavy put buying; this indicates some traders are hedging or betting on a pullback, adding volatility risk. Large Put Options</li> <li>Neutral Sentiment: Yahoo Finance roundup noted MDB among several software names trading up — useful confirmation of broad market interest but not a standalone catalyst. Market Roundup</li> </ul><h2>Analyst Ratings Changes</h2>MDB has been the topic of several analyst reports. Robert W. Baird upped their price objective on MongoDB from $335.00 to $500.00 and gave the company an &#34;outperform&#34; rating in a research note on Tuesday, December 2nd. Wedbush lifted their price objective on MongoDB from $400.00 to $440.00 and gave the company an &#34;outperform&#34; rating in a research report on Tuesday, December 2nd. Mizuho increased their price target on shares of MongoDB from $250.00 to $310.00 and gave the company a &#34;neutral&#34; rating in a research note on Tuesday, December 2nd. DA Davidson lifted their target price on MongoDB from $415.00 to $465.00 and gave the company a &#34;buy&#34; rating in a research note on Tuesday, December 2nd. Finally, BMO Capital Markets upped their price target on MongoDB from $415.00 to $455.00 and gave the company an &#34;outperform&#34; rating in a research note on Tuesday, December 2nd. Two research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of &#34;Moderate Buy&#34; and a consensus price target of $422.29.Check Out Our Latest Analysis on MDB<h2>MongoDB Profile</h2> (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.<h2>Read More</h2><ul><li>Five stocks we like better than MongoDB</li><li>Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!</li><li>How a Family Trust May Be Able To Help Preserve Your Wealth</li><li>Do not delete, read immediately</li><li>NEW LAW: Congress Approves Setup For Digital Dollar?</li><li>Executive Order 14330: Trump’s Biggest Yet</li></ul>Want to see what other hedge funds are holding MDB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for MongoDB, Inc. (NASDAQ:MDB - Free Report).<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"/>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.<h2>Should You Invest $1,000 in MongoDB Right Now?</h2>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.View The Five Stocks Here </div>

Proem Advisors LLC has acquired 23,489 shares of MongoDB, Inc. (NASDAQ: MDB) valued at approximately $7.29 million, making it the 17th largest holding in their portfolio. Other institutional investors have also increased their stakes in MongoDB. Recent insider sales included Director Hope F. Cochran selling 1,566 shares and Dwight A. Merriman selling 10,000 shares. MongoDB's stock opened at $404.64, with a market cap of $32.93 billion and a recent quarterly earnings report showing a revenue increase of 18.7% year-over-year.

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Proem Advisors LLC Acquires New Shares in MongoDB, Inc. $MDB