Stock Traders Buy High Volume of Call Options on MongoDB (NASDAQ:MDB)

MongoDB, Inc. (NASDAQ:MDB) saw unusually large options trading activity on Wednesday. Stock investors bought 29,206 call options on the company. This represents an increase of approximately 40% compared to the average volume of 20,822 call options.

MongoDB Price Performance

Shares of MongoDB stock traded up $19.67 during trading hours on Wednesday, reaching $356.86. The company had a trading volume of 3,448,355 shares, compared to its average volume of 2,007,138. The firm has a market cap of $28.75 billion, a PE ratio of 504.36, a price-to-earnings-growth ratio of 35.95 and a beta of 1.58. MongoDB has a one year low of $215.68 and a one year high of $473.10. The business has a fifty day simple moving average of $387.97 and a 200 day simple moving average of $331.74.

MongoDB (NASDAQ:MDB) last issued its quarterly earnings data on Tuesday, September 1st. The company reported $1.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.62 by $0.28. MongoDB had a return on equity of 1.06% and a net margin of 2.12%.The business had revenue of $771.77 million for the quarter, compared to analysts’ expectations of $735.01 million. During the same quarter in the prior year, the firm posted $1.00 EPS. The firm’s quarterly revenue was up 30.5% on a year-over-year basis. MongoDB has set its Q3 2027 guidance at 1.570-1.610 EPS and its FY 2027 guidance at 6.390-6.580 EPS. On average, research analysts forecast that MongoDB will post 0.47 EPS for the current year.

More MongoDB News

Here are the key news stories impacting MongoDB this week:

• Positive Sentiment: Investor Day highlighted new AI growth drivers. MongoDB introduced MongoDB 9.0, Atlas Infinite and Atlas Agent Engine. The company said MongoDB 9.0 can deliver up to twice the throughput, 35% faster reads and 30% faster updates, while Atlas Infinite is designed to handle unpredictable AI-driven demand. Management also outlined targets for more than 20% revenue growth, mid-20% Atlas growth, annual margin expansion of 100–200 basis points and GAAP profitability by fiscal 2027. MongoDB launches MongoDB 9.0 and Atlas Infinite
• Positive Sentiment: Analysts remain broadly constructive. Citizens JMP reaffirmed “market outperform” with a $519 price target, RBC maintained “outperform” at $465, Needham reiterated “buy” at $430 and BMO kept an “outperform” rating with a $420 target. A Seeking Alpha contributor also upgraded MDB to “buy” following Investor Day. MongoDB CEO’s parting gift to bulls
• Positive Sentiment: Options activity suggests increased bullish positioning. Traders bought 29,206 call options, approximately 40% above the stock’s average daily call volume, indicating heightened speculative interest.
• Neutral Sentiment: MongoDB partnered with Cognition, the developer of Devin, to help enterprises modernize legacy infrastructure for MongoDB Atlas. The partnership could support adoption, although its financial impact is not yet clear. Cognition and MongoDB partnership
• Negative Sentiment: CEO Chirantan “CJ” Desai’s abrupt move to Meta remains the key risk. MongoDB appointed former CEO Dev Ittycheria as interim chief executive, but investors remain concerned about leadership continuity and the possibility that Meta’s new enterprise AI initiative could compete with MongoDB. Stifel, Stephens and BMO lowered their price targets, despite maintaining positive or neutral ratings.

Insider Buying and Selling at MongoDB

In other MongoDB news, Director Hope F. Cochran sold 1,000 shares of the stock in a transaction that occurred on Thursday, September 17th. The shares were sold at an average price of $375.92, for a total transaction of $375,920.00. Following the completion of the sale, the director owned 28,326 shares of the company’s stock, valued at approximately $10,648,309.92. This represents a 3.41% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Dwight A. Merriman sold 6,000 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $451.75, for a total transaction of $2,710,500.00. Following the completion of the transaction, the director owned 452,896 shares in the company, valued at $204,595,768. This trade represents a 1.31% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 17,000 shares of company stock worth $7,792,320. 2.60% of the stock is currently owned by insiders.

Hedge Funds Weigh In On MongoDB

A number of large investors have recently modified their holdings of the company. Arrowstreet Capital Limited Partnership grew its stake in MongoDB by 21.8% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,336,397 shares of the company’s stock valued at $560,872,000 after acquiring an additional 239,338 shares in the last quarter. Capital World Investors increased its holdings in MongoDB by 129.1% during the 4th quarter. Capital World Investors now owns 980,182 shares of the company’s stock worth $411,373,000 after acquiring an additional 552,434 shares during the period. Fred Alger Management LLC lifted its stake in MongoDB by 7.3% in the 4th quarter. Fred Alger Management LLC now owns 561,614 shares of the company’s stock worth $235,704,000 after purchasing an additional 38,225 shares in the last quarter. Bank of America Corp DE boosted its position in shares of MongoDB by 0.3% during the 1st quarter. Bank of America Corp DE now owns 555,305 shares of the company’s stock valued at $135,922,000 after acquiring an additional 1,852 shares during the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. increased its position in shares of MongoDB by 55.0% in the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 549,970 shares of the company’s stock worth $134,616,000 after purchasing an additional 195,250 shares during the last quarter. 89.29% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

MDB has been the topic of a number of research analyst reports. Citizens Jmp restated a “market outperform” rating and set a $519.00 price target on shares of MongoDB in a report on Wednesday. Oppenheimer lifted their price target on shares of MongoDB from $410.00 to $475.00 and gave the company an “outperform” rating in a research report on Wednesday, August 12th. Zacks Research raised MongoDB from a “hold” rating to a “strong-buy” rating in a report on Thursday, September 3rd. Wells Fargo & Company raised their price target on shares of MongoDB from $375.00 to $475.00 and gave the company an “overweight” rating in a research report on Tuesday, August 25th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of MongoDB in a research report on Wednesday. Two research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $465.25.

About MongoDB

MongoDB, Inc develops and provides a general-purpose, document-oriented database platform. Its technology is designed to help organizations store, manage and analyze structured and unstructured data for applications such as artificial intelligence, analytics, mobile services, e-commerce and enterprise software.

The company’s principal offering is MongoDB Atlas, a fully managed cloud database service available across major cloud infrastructure providers. MongoDB also offers Enterprise Advanced, which provides commercial database software, security, operational controls and support for organizations running databases in their own environments or across hybrid and multicloud infrastructures.