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In a recent SEC filing, MongoDB , Inc. (NASDAQ:MDB) revealed that its Interim CFO, Tanjga Srdjan, sold shares of the company’s Class A common stock. The transaction comes as MongoDB’s stock trades near its 52-week low of $151.52, having declined over 55% in the past year. According to InvestingPro analysis, the stock currently appears undervalued. The transactions, which took place on April 2, 2025, involved the sale of 525 shares at prices ranging from $173.25 to $174.71 per share, totaling approximately $90,962.
The sales were conducted to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs). Following these transactions, Srdjan holds 6,406 shares of MongoDB stock. Additionally, Srdjan acquired 151 shares at no cost as a result of performance-based RSUs awarded under MongoDB’s long-term incentive bonus plan.
In other recent news, MongoDB reported notable financial results, exceeding revenue expectations by $27.8 million and achieving a 20% year-over-year increase, as highlighted by William Blair. The company’s non-GAAP operating margin reached 20.5%, surpassing consensus forecasts by 932 basis points. Despite this, MongoDB’s fiscal year 2026 guidance indicated revenue and operating margins below market expectations, with a $50 million shortfall due to decreased multiyear deal activity, as noted by RBC Capital. Guggenheim Securities adjusted its price target for MongoDB to $300, maintaining a Buy rating, and pointed out that Atlas (NYSE:ATCO), MongoDB’s cloud database, grew by 24% in the fourth quarter.
Citi analysts reiterated their Buy rating with a $430 price target, expressing confidence in MongoDB’s growth prospects despite conservative revenue forecasts. DA Davidson also maintained a Buy rating, citing potential acceleration in Atlas growth in fiscal year 2026. RBC Capital reduced its price target to $320, maintaining an Outperform rating, and described the market’s reaction to MongoDB’s guidance as an overreaction. MongoDB’s recent acquisition of Voyage AI is expected to bolster growth, with Citi noting the potential for mainstream adoption of Generation AI technology. These developments reflect MongoDB’s ongoing efforts to navigate the evolving data management landscape and the varying analyst perspectives on its future performance.
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