MongoDB (NASDAQ:MDB) Shares Acquired Rep. Gilbert Ray Cisneros, Jr.
by Michael Walen · The Markets DailyRepresentative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of MongoDB, Inc. (NASDAQ:MDB). In a filing disclosed on December 15th, the Representative disclosed that they had bought between $1,001 and $15,000 in MongoDB stock on November 18th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Spotify Technology (NYSE:SPOT) on 11/26/2025.
- Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 11/26/2025.
- Purchased $1,001 – $15,000 in shares of First Watch Restaurant Group (NASDAQ:FWRG) on 11/26/2025.
- Purchased $1,001 – $15,000 in shares of TKO Group (NYSE:TKO) on 11/26/2025.
- Sold $1,001 – $15,000 in shares of RBC Bearings (NYSE:RBC) on 11/24/2025.
- Sold $1,001 – $15,000 in shares of Stifel Financial (NYSE:SF) on 11/24/2025.
- Purchased $1,001 – $15,000 in shares of Logan Energy (CVE:LGN) on 11/24/2025.
- Sold $1,001 – $15,000 in shares of Primoris Services (NASDAQ:PRIM) on 11/24/2025.
- Purchased $15,001 – $50,000 in shares of LandBridge (NYSE:LB) on 11/21/2025.
- Purchased $50,001 – $100,000 in shares of LandBridge (NYSE:LB) on 11/20/2025.
MongoDB Stock Down 2.2%
NASDAQ MDB traded down $9.15 on Wednesday, hitting $412.35. 1,316,853 shares of the stock were exchanged, compared to its average volume of 2,341,076. MongoDB, Inc. has a fifty-two week low of $140.78 and a fifty-two week high of $432.55. The company has a 50-day moving average price of $356.15 and a 200-day moving average price of $287.26. The company has a market cap of $33.56 billion, a PE ratio of -473.97 and a beta of 1.45.
MongoDB (NASDAQ:MDB – Get Free Report) last issued its earnings results on Monday, December 1st. The company reported $1.32 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.53. MongoDB had a negative net margin of 3.06% and a negative return on equity of 1.12%. The firm had revenue of $628.31 million during the quarter, compared to the consensus estimate of $592.98 million. During the same quarter in the previous year, the firm posted $1.16 earnings per share. The company’s revenue was up 18.7% compared to the same quarter last year. MongoDB has set its Q4 2026 guidance at 1.440-1.480 EPS and its FY 2026 guidance at 4.760-4.800 EPS. As a group, equities research analysts predict that MongoDB, Inc. will post -1.78 EPS for the current fiscal year.
Insider Transactions at MongoDB
In related news, Director Roelof Botha sold 24,850 shares of the business’s stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $405.85, for a total value of $10,085,372.50. Following the sale, the director directly owned 194,600 shares in the company, valued at $78,978,410. The trade was a 11.32% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Dwight A. Merriman sold 25,000 shares of the firm’s stock in a transaction dated Friday, September 19th. The shares were sold at an average price of $320.15, for a total transaction of $8,003,750.00. Following the transaction, the director owned 1,079,316 shares of the company’s stock, valued at $345,543,017.40. This trade represents a 2.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 118,403 shares of company stock valued at $41,054,275 in the last 90 days. 3.10% of the stock is currently owned by insiders.
Wall Street Analyst Weigh In
A number of analysts recently weighed in on the stock. Monness Crespi & Hardt increased their price target on shares of MongoDB from $360.00 to $475.00 and gave the stock a “buy” rating in a research note on Tuesday, December 2nd. Wolfe Research increased their target price on shares of MongoDB from $280.00 to $350.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 27th. Argus raised their price target on MongoDB from $340.00 to $488.00 and gave the stock a “buy” rating in a report on Thursday, December 4th. Citizens Jmp upped their price objective on MongoDB from $435.00 to $475.00 and gave the company a “market outperform” rating in a research note on Tuesday, December 2nd. Finally, Sanford C. Bernstein increased their price objective on MongoDB from $338.00 to $452.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 2nd. Two research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $415.39.
Read Our Latest Research Report on MDB
Institutional Trading of MongoDB
A number of institutional investors have recently added to or reduced their stakes in the stock. HighTower Advisors LLC lifted its position in shares of MongoDB by 4.0% during the 1st quarter. HighTower Advisors LLC now owns 19,520 shares of the company’s stock valued at $3,424,000 after acquiring an additional 747 shares during the period. Aberdeen Group plc raised its holdings in MongoDB by 72.2% during the first quarter. Aberdeen Group plc now owns 60,067 shares of the company’s stock worth $10,444,000 after purchasing an additional 25,190 shares during the last quarter. American Century Companies Inc. raised its holdings in MongoDB by 6.9% during the first quarter. American Century Companies Inc. now owns 732,463 shares of the company’s stock worth $128,474,000 after purchasing an additional 47,567 shares during the last quarter. Brooklyn Investment Group boosted its position in MongoDB by 247.9% during the first quarter. Brooklyn Investment Group now owns 407 shares of the company’s stock worth $71,000 after purchasing an additional 290 shares in the last quarter. Finally, Northern Trust Corp grew its holdings in MongoDB by 2.1% in the first quarter. Northern Trust Corp now owns 477,812 shares of the company’s stock valued at $83,808,000 after purchasing an additional 9,802 shares during the last quarter. Hedge funds and other institutional investors own 89.29% of the company’s stock.
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.
Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
About MongoDB
MongoDB, Inc, together with its subsidiaries, provides general purpose database platform worldwide. The company provides MongoDB Atlas, a hosted multi-cloud database-as-a-service solution; MongoDB Enterprise Advanced, a commercial database server for enterprise customers to run in the cloud, on-premises, or in a hybrid environment; and Community Server, a free-to-download version of its database, which includes the functionality that developers need to get started with MongoDB.
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