MongoDB director Dwight Merriman executed a $6.1 million stock sale under a Rule 10b5-1 plan, while several analysts maintained bullish ratings and $500 price targets.
- RBC Capital, BofA Securities, and Truist Securities emphasized the company's growth potential in AI-based applications and Atlas revenue.
- The stock closed at $354.36 (down 3.81%) on February 17, ahead of the upcoming earnings announcement on March 2, 2026.
- Following the transactions, Merriman remains a significant stakeholder with direct ownership of 1,021,316 shares.