Swedbank AB reduced its holdings in MongoDB, Inc. during the third quarter. The bank sold 30,800 shares, representing a 4.0% reduction in its position.
A 13F filing reported on December 24, 2025, confirmed the transaction. Following the sale, Swedbank holds 731,464 shares, accounting for 0.90% of MongoDB.
This divestiture follows other recent insider sales in early December. Director Roelof Botha and Director Dwight A. Merriman also executed transactions during this period.
Despite the sales, MongoDB reported stronger-than-expected third-quarter financial results on December 1. This positive performance prompted several analysts to raise their price targets for the stock.