Why MongoDB (MDB) Stock Is Down Today

MongoDB (MDB) is down 3.4% today. Here is some analysis on what might have caused this price movement.

Analysis: There does not appear to be a fresh company-specific negative announcement tied to today’s decline. This could be because investors are taking profits in a still-volatile software name after a recent run, while weighing valuation and waiting for the next major earnings update. ([investors.mongodb.com](https://investors.mongodb.com/news-events/news-releases?utm_source=openai))

Details:

MongoDB’s investor news feed shows its most recent announcements were a June 30 product launch focused on AI retrieval tools and a June 1 notice about upcoming investor conferences, rather than a new operational setback. ([investors.mongodb.com](https://investors.mongodb.com/news-releases/news-release-details/mongodb-delivers-accurate-ai-retrieval-wherever-enterprise-data?utm_source=openai))

In its May 28 first-quarter fiscal 2027 release, MongoDB said revenue grew year over year and it highlighted ongoing AI and cloud initiatives, which suggests the latest known fundamental update was constructive rather than clearly negative. ([investors.mongodb.com](https://investors.mongodb.com/news-releases/news-release-details/mongodb-inc-announces-first-quarter-fiscal-2027-financial?utm_source=openai))

Recent published analyst actions visible in market data were generally supportive, including maintained positive ratings in early July, so today’s move does not line up neatly with a new downgrade. ([benzinga.com](https://www.benzinga.com/quote/MDB/analyst-ratings?utm_source=openai))

MongoDB also filed routine governance and insider forms in late June and early July, but the available filings do not point to an obvious new adverse event large enough by themselves to explain the drop. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1441816/000162828026047228/mdb-20260630.htm?utm_source=openai))

Sources:

MongoDB Investor Relations, SEC, Benzinga, MarketScreener

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$MDB Insider Trading Activity

$MDB insiders have traded $MDB stock on the open market 100 times in the past 6 months. Of those trades, 0 have been purchases and 100 have been sales.

Here’s a breakdown of recent trading of $MDB stock by insiders over the last 6 months:

DWIGHT A MERRIMAN has made 0 purchases and 51 sales selling 78,390 shares for an estimated $25,208,593.
ROELOF BOTHA has made 0 purchases and 5 sales selling 44,050 shares for an estimated $17,534,802.
DEV ITTYCHERIA has made 0 purchases and 8 sales selling 40,000 shares for an estimated $15,326,486.
MICHAEL J BERRY (Chief Financial Officer) has made 0 purchases and 32 sales selling 10,000 shares for an estimated $3,538,676.
HOPE F COCHRAN has made 0 purchases and 4 sales selling 5,132 shares for an estimated $1,629,233.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$MDB Hedge Fund Activity

We have seen 407 institutional investors add shares of $MDB stock to their portfolio, and 404 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

ARTISAN PARTNERS LIMITED PARTNERSHIP added 798,675 shares (+186.4%) to their portfolio in Q1 2026, for an estimated $192,025,430
DZ BANK AG DEUTSCHE ZENTRAL GENOSSENSCHAFTS BANK, FRANKFURT AM MAIN added 766,822 shares (+64.6%) to their portfolio in Q1 2026, for an estimated $184,367,013
AQR CAPITAL MANAGEMENT LLC added 735,901 shares (+127.7%) to their portfolio in Q1 2026, for an estimated $176,932,677
WELLINGTON MANAGEMENT GROUP LLP added 684,372 shares (+310.7%) to their portfolio in Q1 2026, for an estimated $164,543,559
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP removed 664,176 shares (-49.7%) from their portfolio in Q1 2026, for an estimated $159,687,835
MARSHALL WACE, LLP removed 479,500 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $115,286,185
NEUBERGER BERMAN GROUP LLC added 396,332 shares (+507.1%) to their portfolio in Q1 2026, for an estimated $95,290,102

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$MDB Congressional Stock Trading

Members of Congress have traded $MDB stock 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $MDB stock by members of Congress over the last 6 months:

REPRESENTATIVE GILBERT RAY CISNEROS, JR. sold up to $15,000 on 05/14.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$MDB Analyst Ratings

Wall Street analysts have issued reports on $MDB in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Needham issued a "Buy" rating on 01/20/2026

To track analyst ratings and price targets for $MDB, check out Quiver Quantitative's $MDB forecast page.

$MDB Price Targets

Multiple analysts have issued price targets for $MDB recently. We have seen 28 analysts offer price targets for $MDB in the last 6 months, with a median target of $395.0.

Here are some recent targets:

Miller Jump from Truist Securities set a target price of $400.0 on 07/09/2026
Bradley Sills from B of A Securities set a target price of $450.0 on 06/08/2026
Ivan Feinseth from Tigress Financial set a target price of $515.0 on 06/02/2026
Thomas Blakey from Cantor Fitzgerald set a target price of $416.0 on 05/29/2026
Keith Bachman from BMO Capital set a target price of $375.0 on 05/29/2026
Sanjit Singh from Morgan Stanley set a target price of $380.0 on 05/29/2026
Mike Cikos from Needham set a target price of $400.0 on 05/29/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.