Mitsubishi UFJ Trust & Banking Corp Sells 23,507 Shares of MongoDB, Inc. $MDB

Market Beat
2026.01.29 10:47
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Mitsubishi UFJ Trust & Banking Corp reduced its stake in MongoDB, Inc. by 40.9% in Q3, selling 23,507 shares, leaving it with 33,990 shares valued at $10.55 million. Other hedge funds have also adjusted their positions, with Pacer Advisors increasing its holdings by 209%. Analysts have raised price targets for MongoDB, with an average target of $422.29. The stock opened at $411.04, with a market cap of $33.45 billion. MongoDB reported strong earnings, exceeding estimates, and has set guidance for Q4 2026 and FY 2026.