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In a recent transaction, Cedric Pech, President of Field Operations at MongoDB , Inc. (NASDAQ:MDB), sold shares worth approximately $292,809. This sale was conducted on April 2, 2025, as part of a strategic move to cover tax withholding obligations related to the vesting of restricted stock units (RSUs). The transaction comes as MongoDB’s stock trades near its 52-week low of $151.52, with InvestingPro data showing the stock has declined over 55% in the past year.
The shares were sold at an average price of $173.26 per share, with the transaction involving a total of 1,690 shares. Following this sale, Pech holds 57,634 shares of MongoDB Class A Common Stock. While the company currently trades below its Fair Value according to InvestingPro analysis, the platform reveals 15 additional insights about MongoDB’s financial health and market position.
Additionally, Pech acquired shares through the vesting of performance-based RSUs, which were awarded under the company’s long-term incentive bonus plan and 2016 Equity Incentive Plan. These shares were not previously reportable under Section 16 due to the performance-based vesting criteria. The acquisitions included 3,657 shares, 8,167 shares, and 2,660 shares, respectively, with no cash exchanged in these transactions. Despite recent stock performance, MongoDB maintains strong fundamentals with a healthy current ratio of 5.2 and analysts expect profitability this year.
In other recent news, MongoDB’s latest earnings report revealed a 20% revenue increase from the previous year, surpassing consensus estimates by 5.3%, as reported by William Blair. Despite this strong performance, the company’s FY26 guidance indicated revenue and operating margin projections below consensus, leading RBC Capital to reduce its price target from $400 to $320 while maintaining an Outperform rating. Guggenheim Securities also adjusted its target from $325 to $300, citing MongoDB’s conservative guidance and noting a 16% after-hours stock sell-off. However, they highlighted that the Atlas (NYSE:ATCO) platform grew by 24% in the fourth quarter, exceeding expectations.
Citi analysts reiterated their Buy rating with a $430 price target, expressing confidence in MongoDB’s prospects despite a cautious revenue forecast. They noted improvements in Atlas consumption and sales productivity, viewing the current stock price pullback as a buying opportunity. DA Davidson maintained a Buy rating with a $275 target, anticipating Atlas growth to accelerate in FY26, potentially surpassing company guidance.
The recent acquisition of Voyage AI is seen as a potential catalyst for MongoDB, with the mainstream adoption of Generation AI technology expected to bolster growth. MongoDB’s non-GAAP operating margin reached 20.5%, beating consensus forecasts, although the Net Revenue Retention rate was slightly below target. As MongoDB continues to navigate these developments, investor interest remains focused on its ability to adapt to market challenges and leverage new opportunities.
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