FMR LLC & Abigail Johnson Disclose 7.108% Stake in MongoDB (MDB)

TL;DR

**FMR LLC and Abigail Johnson now own 7.108% of MongoDB, holding 5,136,014 shares.**

AI Summary

FMR LLC, a major investment firm, and its CEO, Abigail P. Johnson, have updated their ownership stake in MongoDB, Inc. (MDB) to 7.108% of the common stock, totaling 5,136,014 shares, as of February 9, 2024. This is an amendment (Amendment No. 8) to a previous filing, indicating a slight adjustment in their holdings. This matters to investors because FMR LLC is a significant institutional holder, and changes in their position can signal their confidence (or lack thereof) in MongoDB's future performance, potentially influencing other investors.

Why It Matters

Large institutional ownership by firms like FMR LLC can provide stability and a vote of confidence in a company, but any significant reduction could signal concerns to the market.

Risk Assessment

Risk Level: low — This filing indicates a stable, significant institutional ownership, which generally reduces volatility risk for the stock.

Analyst Insight

Investors should note the continued significant institutional ownership by FMR LLC, which can be a sign of long-term confidence in MongoDB. While this filing doesn't indicate a major change, it confirms a substantial stake, suggesting stability from a major holder.

Key Numbers

• 5,136,014 — Shares Beneficially Owned (Total common stock shares of MongoDB, Inc. held by FMR LLC and Abigail P. Johnson.)
• 7.108% — Percent of Class (The percentage of MongoDB, Inc.'s common stock owned by FMR LLC and Abigail P. Johnson.)

Key Players & Entities

• FMR LLC (company) — Reporting Person, parent holding company
• Abigail P. Johnson (person) — Reporting Person, CEO of FMR LLC
• MongoDB, Inc. (company) — Issuer of the common stock
• 5,136,014 (dollar_amount) — Total shares beneficially owned by FMR LLC and Abigail P. Johnson
• 7.108% (dollar_amount) — Percentage of class beneficially owned by FMR LLC and Abigail P. Johnson
• February 9, 2024 (date) — Date of filing

Forward-Looking Statements

• FMR LLC will maintain a significant ownership stake in MongoDB, Inc. for the foreseeable future. (FMR LLC) — high confidence, target: 2025-02-09

FAQ

From the Filing

0000315066-24-001319.txt : 20240209 0000315066-24-001319.hdr.sgml : 20240209 20240209092831 ACCESSION NUMBER: 0000315066-24-001319 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240209 DATE AS OF CHANGE: 20240209 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MongoDB, Inc. CENTRAL INDEX KEY: 0001441816 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-90204 FILM NUMBER: 24611872 BUSINESS ADDRESS: STREET 1: 1633 BROADWAY STREET 2: 38TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 866-237-8815 MAIL ADDRESS: STREET 1: 1633 BROADWAY STREET 2: 38TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 FORMER COMPANY: FORMER CONFORMED NAME: 10GEN INC DATE OF NAME CHANGE: 20080801 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FMR LLC CENTRAL INDEX KEY: 0000315066 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] ORGANIZATION NAME: IRS NUMBER: 043532603 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 245 SUMMER STREET CITY: BOSTON STATE: MA ZIP: 02210 BUSINESS PHONE: 6175706339 MAIL ADDRESS: STREET 1: 245 SUMMER STREET CITY: BOSTON STATE: MA ZIP: 02210 FORMER COMPANY: FORMER CONFORMED NAME: FMR CORP DATE OF NAME CHANGE: 19920717 SC 13G/A 1 filing.txt SCHEDULE 13G Amendment No.8 MONGODB INC COMMON STOCK Cusip #60937P106 Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [x] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) Cusip #60937P106 Item 1: Reporting Person - FMR LLC Item 2: (a) [ ] (b) [ ] Item 4: Delaware Item 5: 4,939,506 Item 6: 0 Item 7: 5,136,014 Item 8: 0 Item 9: 5,136,014 Item 11: 7.108% Item 12: HC Cusip #60937P106 Item 1: Reporting Person - Abigail P. Johnson Item 2: (a) [ ] (b) [ ] Item 4: United States of America Item 5: 0 Item 6: 0 Item 7: 5,136,014 Item 8: 0 Item 9: 5,136,014 Item 11: 7.108% Item 12: IN Item 1(a). Name of Issuer: MONGODB INC Item 1(b). Address of Issuer's Principal Executive Offices: 1633 BROADWAY, 38TH FLOOR NEW YORK, NY 10019 USA Item 2(a). Name of Person Filing: FMR LLC Item 2(b). Address or Principal Business Office or, if None, Residence: 245 Summer Street, Boston, Massachusetts 02210 Item 2(c). Citizenship: Not applicable Item 2(d). Title of Class of Securities: COMMON STOCK Item 2(e). CUSIP Number: 60937P106 Item 3. This statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c) and the person filing, FMR LLC, is a parent holding company in accordance with Section 240.13d-1(b)(1)(ii)(G). (Note: See Exhibit A). Item 4. Ownership (a) Amount Beneficially Owned: 5,136,014 (b) Percent of Class: 7.108% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: Please see the responses to Items 5 and 6 on the cover page (ii) shared power to vote or to direct the vote: 0 (iii) sole power to dispose or to direct the disposition of: 5,136,014 (iv) shared power to dispose or to direct the disposition of: 0 Item 5. Ownership of Five Percent or Less of a Class. Not applicable. Item 6. Ownership of More than Five Percent on Behalf of Another Person. One or more other persons are known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the COMMON STOCK of MONGODB INC. No one other person's interest in the COMMON STOCK of MONGODB INC is more than five percent of the total outstanding COMMON STOCK. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. See attached Exhibit A. Item 8. Identification and Classification of Members of the Group. Not applicable. Item 9. Notice of Dissolution of Group. Not applicable. Item 10. Certifications. By signing below I certify that