Investors Buy Large Volume of Put Options on MongoDB (NASDAQ:MDB)

MongoDB, Inc. (NASDAQ:MDB) saw some unusual options trading activity on Wednesday. Traders bought 23,831 put options on the company. This is an increase of approximately 2,157% compared to the typical daily volume of 1,056 put options.

Insiders Place Their Bets

In other MongoDB news, Director Dwight A. Merriman sold 10,000 shares of MongoDB stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $417.83, for a total transaction of $4,178,300.00. Following the completion of the sale, the director directly owned 1,041,316 shares in the company, valued at $435,093,064.28. This trade represents a 0.95% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, 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 transaction of $660,617.10. Following the completion of the sale, the director directly owned 25,659 shares in the company, valued at $10,824,249.15. This trade represents a 5.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 62,353 shares of company stock valued at $25,440,798 over the last 90 days. 3.10% of the stock is owned by company insiders.

Hedge Funds Weigh In On MongoDB

Large investors have recently bought and sold shares of the company. Integrated Wealth Concepts LLC increased its stake in shares of MongoDB by 31.6% during the first quarter. Integrated Wealth Concepts LLC now owns 1,363 shares of the company’s stock worth $239,000 after acquiring an additional 327 shares during the period. NewEdge Advisors LLC lifted its position in MongoDB by 55.0% in the first quarter. NewEdge Advisors LLC now owns 4,238 shares of the company’s stock valued at $743,000 after purchasing an additional 1,504 shares during the period. Sivia Capital Partners LLC purchased a new stake in MongoDB in the 2nd quarter valued at approximately $329,000. Allspring Global Investments Holdings LLC increased its position in MongoDB by 4.9% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 3,354 shares of the company’s stock worth $691,000 after purchasing an additional 158 shares during the period. Finally, Yousif Capital Management LLC acquired a new position in MongoDB during the 2nd quarter worth approximately $209,000. Hedge funds and other institutional investors own 89.29% of the company’s stock.

MongoDB News Roundup

Here are the key news stories impacting MongoDB this week:

• Positive Sentiment: Zacks highlights three reasons to buy MDB — accelerating Atlas platform adoption, integration of Voyage AI and a strong cloud partner ecosystem that support premium valuation and revenue leverage. This is a positive fundamental/longer‑term argument for the stock. 3 Reasons to Buy MDB Stock Despite 10.2x P/S Premium Valuation
• Neutral Sentiment: Unusually large options flow — traders bought roughly 36,130 calls (≈+2,077% vs. normal) and 23,831 puts (≈+2,157% vs. normal) in a single session. Heavy two‑sided activity signals speculators positioning for a big move and increases near‑term volatility, but it’s ambiguous on direction. MongoDB Target of Unusually Large Options Trading (NASDAQ:MDB)
• Negative Sentiment: Report highlights insider selling that looks at odds with MongoDB’s AI‑native adoption storyline; investor concern about insider sales can weigh on sentiment even if strategic reasons exist. Is MongoDB’s (MDB) Insider Selling at Odds With Its Rising AI-Native Adoption Story?
• Negative Sentiment: Oppenheimer trimmed its price target to $425 from $490 but kept an “outperform” rating. A lower target can pressure near‑term price action even though the rating remains positive. Oppenheimer adjusts MongoDB price target to $425 from $490, maintains outperform rating
• Negative Sentiment: Sector pressure after Palo Alto Networks’ mixed guidance and management comments about AI’s impact on software stocks has rippled through cloud/database names, contributing to risk‑off flows into the group. Palo Alto shares sink 8%, CEO defends cybersecurity’s position as AI hits software stocks

Analysts Set New Price Targets

Several equities analysts have recently issued reports on MDB shares. Wells Fargo & Company lifted their price objective on MongoDB from $430.00 to $450.00 and gave the company an “overweight” rating in a research note on Tuesday, December 2nd. Mizuho raised their target price on shares of MongoDB from $250.00 to $310.00 and gave the company a “neutral” rating in a report on Tuesday, December 2nd. Weiss Ratings reiterated a “sell (d-)” rating on shares of MongoDB in a research note on Monday, December 29th. KeyCorp reissued a “sector weight” rating on shares of MongoDB in a research report on Tuesday, December 2nd. Finally, Argus raised their price objective on shares of MongoDB from $340.00 to $488.00 and gave the company a “buy” rating in a report on Thursday, December 4th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, MongoDB presently has a consensus rating of “Moderate Buy” and a consensus price target of $422.97.

MongoDB Stock Performance

NASDAQ MDB opened at $355.89 on Friday. The firm’s fifty day moving average is $397.16 and its two-hundred day moving average is $344.66. MongoDB has a one year low of $140.78 and a one year high of $444.72. The firm has a market cap of $28.97 billion, a PE ratio of -409.07 and a beta of 1.38.

MongoDB (NASDAQ:MDB) last released its quarterly earnings results on Monday, December 1st. The company reported $1.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.79 by $0.53. The firm had revenue of $628.31 million for the quarter, compared to analyst estimates of $592.98 million. MongoDB had a negative return on equity of 1.12% and a negative net margin of 3.06%.The business’s 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. Research analysts predict that MongoDB will post -1.78 earnings per share for the current year.

MongoDB Company Profile

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.