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

11 Jul 2025, 01:18 by Jessica Moore · The Cerbat Gem

MongoDB, Inc. (NASDAQ:MDB – Get Free Report) was the recipient of unusually large options trading on Wednesday. Stock investors bought 23,831 put options on the stock. This is an increase of 2,157% compared to the typical volume of 1,056 put options.

MongoDB Trading Down 3.6%

MDB opened at $209.27 on Friday. The company has a market cap of $17.10 billion, a P/E ratio of -183.57 and a beta of 1.41. The business’s 50-day moving average price is $198.45 and its 200-day moving average price is $214.37. MongoDB has a 12 month low of $140.78 and a 12 month high of $370.00.

MongoDB (NASDAQ:MDB – Get Free Report) last announced its quarterly earnings results on Wednesday, June 4th. The company reported $1.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.65 by $0.35. MongoDB had a negative return on equity of 3.16% and a negative net margin of 4.09%. The company had revenue of $549.01 million for the quarter, compared to the consensus estimate of $527.49 million. During the same quarter in the previous year, the business earned $0.51 EPS. MongoDB’s revenue was up 21.8% compared to the same quarter last year. Equities research analysts forecast that MongoDB will post -1.78 earnings per share for the current fiscal year.

Insider Transactions at MongoDB

In other news, Director Hope F. Cochran sold 1,174 shares of the company’s stock in a transaction that occurred on Tuesday, June 17th. The stock was sold at an average price of $201.08, for a total value of $236,067.92. Following the completion of the transaction, the director directly owned 21,096 shares of the company’s stock, valued at $4,241,983.68. This represents a 5.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Dev Ittycheria sold 3,747 shares of the company’s stock in a transaction that occurred on Wednesday, July 2nd. The shares were sold at an average price of $206.05, for a total value of $772,069.35. Following the completion of the transaction, the chief executive officer directly owned 253,227 shares of the company’s stock, valued at approximately $52,177,423.35. This represents a 1.46% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 32,746 shares of company stock valued at $7,500,196 over the last ninety days. 3.10% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. HighTower Advisors LLC increased its holdings in MongoDB by 2.0% during the 4th quarter. HighTower Advisors LLC now owns 18,773 shares of the company’s stock valued at $4,371,000 after purchasing an additional 372 shares during the period. Jones Financial Companies Lllp increased its holdings in MongoDB by 68.0% during the 4th quarter. Jones Financial Companies Lllp now owns 1,020 shares of the company’s stock valued at $237,000 after purchasing an additional 413 shares during the period. 111 Capital bought a new stake in MongoDB during the 4th quarter valued at approximately $390,000. Park Avenue Securities LLC boosted its position in MongoDB by 52.6% during the 1st quarter. Park Avenue Securities LLC now owns 2,630 shares of the company’s stock valued at $461,000 after acquiring an additional 907 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. boosted its position in MongoDB by 4.0% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 7,748 shares of the company’s stock valued at $1,359,000 after acquiring an additional 298 shares in the last quarter. Hedge funds and other institutional investors own 89.29% of the company’s stock.

Wall Street Analysts Forecast Growth

MDB has been the subject of several research reports. Monness Crespi & Hardt raised MongoDB from a “neutral” rating to a “buy” rating and set a $295.00 price objective for the company in a report on Thursday, June 5th. Scotiabank raised their price target on MongoDB from $160.00 to $230.00 and gave the stock a “sector perform” rating in a report on Thursday, June 5th. Piper Sandler raised their price target on MongoDB from $200.00 to $275.00 and gave the stock an “overweight” rating in a report on Thursday, June 5th. Loop Capital lowered MongoDB from a “buy” rating to a “hold” rating and cut their price target for the stock from $350.00 to $190.00 in a report on Tuesday, May 20th. Finally, Mizuho lowered their price objective on MongoDB from $250.00 to $190.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 15th. Eight analysts have rated the stock with a hold rating, twenty-six have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $282.39.

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