AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
MongoDB Insider Unloads Shares Worth $10.04M Amid SEC Filing
ByAinvest
Tuesday, Sep 2, 2025 4:22 pm ET1min read
MongoDB insider sold shares worth $10,038,855 according to a recent SEC filing. The company, specializing in developing and operating a development database platform, offers the MongoDB multi-cloud platform for AI, edge computing, IoT, mobile apps, and payment tech. Net sales are primarily from subscription sales (96.7%) and service sales (3.3%), with over 47,800 customers across the Americas, Europe-Middle East-Africa, and Asia-Pacific regions.
A recent SEC filing revealed that an insider at MongoDB Inc. sold shares worth $10,038,855. This news comes on the heels of the company's strong second-quarter (Q2) performance, which saw revenue surpass expectations and guidance upgrades.MongoDB Inc., a developer of a multi-cloud database platform, reported $591.4 million in revenue for the quarter ended July 2025, representing a year-over-year increase of 23.7% [1]. The company's Atlas growth was robust, with 23.7% YoY growth and a 6.8% beat over Wall Street expectations. MongoDB also lifted its full-year revenue guidance to $2.35 billion and raised its Adjusted EPS guidance to $3.69 [1].
The company's subscription sales accounted for 96.7% of net sales, while service sales made up the remaining 3.3% [2]. The company has over 47,800 customers globally, with the Americas region accounting for 60.4% of sales, Europe-Middle East-Africa for 27.9%, and Asia-Pacific for 11.7% [2].
MongoDB's Q2 results were driven by strong performance in its Atlas cloud database service, which saw a year-over-year increase of 29.2% in subscription revenue [3]. The company also saw a 33.2% increase in service revenue and a 23.4% increase in overall subscription revenue [3].
Despite the strong performance, shares of MongoDB have returned -11% over the past month, compared to the Zacks S&P 500 composite's +1.3% change [3]. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
References:
[1] https://www.ainvest.com/news/mongodb-surpasses-expectations-q2-strong-atlas-growth-robust-customer-adoption-2509/
[2] https://www.marketscreener.com/news/mongodb-posts-impressive-q2-results-oppenheimer-says-ce7c50dede8aff2d
[3] https://www.nasdaq.com/articles/mongodb-mdb-q2-earnings-how-key-metrics-compare-wall-street-estimates
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet