MongoDB (MDB) is down 5.7% today. Here is some analysis on what might have caused this price movement. ([investors.mongodb.com](https://investors.mongodb.com/news-events/news-releases?utm_source=openai))
Analysis: The most likely explanation is a mix of profit-taking and sector weakness rather than a clear negative company-specific announcement. MongoDB had rallied sharply into mid-August, software shares have recently been choppy, and the company is approaching its next earnings report on September 1, 2026, which can encourage traders to trim positions after a big run. ([investing.com](https://www.investing.com/news/stock-market-news/mongodb-stock-pulled-back-from-52week-highs-should-you-load-up-93CH-4865469?utm_source=openai))
Details:
Sources:
MongoDB Investor Relations, AP News, Barchart, Investing.com
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 99 times in the past 6 months. Of those trades, 0 have been purchases and 99 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 50 sales selling 76,000 shares for an estimated $26,003,717.
- 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 501 institutional investors add shares of $MDB stock to their portfolio, and 510 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM added 39,408,906 shares (+32986.4%) to their portfolio in Q2 2026, for an estimated $13,237,451,525
- FMR LLC added 1,467,897 shares (+66.9%) to their portfolio in Q2 2026, for an estimated $493,066,602
- JERICHO CAPITAL ASSET MANAGEMENT L.P. removed 996,540 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $334,737,786
- VALUEACT HOLDINGS, L.P. removed 872,100 shares (-84.0%) from their portfolio in Q2 2026, for an estimated $292,938,390
- ARTISAN PARTNERS LIMITED PARTNERSHIP removed 832,991 shares (-67.9%) from their portfolio in Q2 2026, for an estimated $279,801,676
- D. E. SHAW & CO., INC. removed 747,342 shares (-51.3%) from their portfolio in Q2 2026, for an estimated $251,032,177
- JPMORGAN CHASE & CO added 694,003 shares (+inf%) to their portfolio in Q2 2026, for an estimated $233,115,607
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 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
- Karl Keirstead from UBS set a target price of $350.0 on 05/29/2026
- Steve Koenig from Macquarie set a target price of $315.0 on 05/29/2026
- Rudy Kessinger from DA Davidson set a target price of $375.0 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.
