Rep. Gilbert Cisneros (D-CA) Sells MongoDB (MDB) Stock
California Congressman Gilbert Cisneros sold shares of MongoDB valued between $1,001 and $15,000 on May 14, 2026.
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Rep. Gilbert Cisneros (D-CA) sold between $1,001 and $15,000 of MongoDB, Inc. ($MDB) stock on May 14, 2026. The trade was disclosed in a STOCK Act periodic transaction report filed June 9, 2026.
Since the trade, $MDB is up 4.8% after 1 week, up 16.9% after 1 month and up 11.4% to date (from the $303.09 close on May 14, 2026).
Financial Disclosure Report
Clerk of the House of Representatives • Legislative Resource Center • B81 Cannon Building • Washington, DC 20515
Filer Information
- Name:
- Rep. Gilbert Cisneros (D-CA)
- Status:
- Member — House
- State/District:
- CA-31
- Party:
- democrat
Filing Information
- Filing Type:
- Periodic Transaction Report
- Filing Year:
- 2026
- Filing Date:
- Jun 9, 2026
Schedule B: Transactions
| Asset | Transaction | Date | Amount |
|---|---|---|---|
| MongoDB, Inc. ($MDB) | Sell | May 14, 2026 | $1,001 - $15,000 |
Summary of the filed report, not the original document. Find the original: House financial disclosure search
MDB
MongoDB, Inc.
Key Points
- On May 14, 2026, Congressman Gilbert Cisneros sold shares of MongoDB, Inc. for an amount valued between $1,001 and $15,000.
- MongoDB shares closed at $332.75 on the day the sale was reported, significantly down from a previous close of $356.29.
- Analysts maintain a positive outlook on MongoDB, Inc., with a consensus rating of 'buy' and a mean price target of $449.74.
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Gilbert Cisneros' Recent Sale of MongoDB Shares
California Congressman Gilbert Cisneros sold shares of MongoDB, Inc. on May 14, 2026, in a transaction valued between $1,001 and $15,000. This sale was reported on June 9, 2026, in accordance with the STOCK Act, which requires members of Congress to disclose their stock trades.
Gilbert Cisneros vs. the S&P 500
Hypothetical returns from Gilbert Cisneros's disclosed trades, not real profit or advice. How we model this.
Context of the Trade
Cisneros' sale comes amid a broader context of his recent trading activity. He has been active in the stock market, making multiple transactions in May 2026, including purchases of Sensata Technologies Holding plc and STERIS plc shares, both valued within the same range as this sale. His trading pattern suggests a strategy of diversifying his portfolio while responding to market conditions.
Analysts Set New Price Targets
Analysts are generally optimistic about MongoDB's future. On October 13, 2026, Needham reiterated a 'Buy' rating with a price target of $430. Scotiabank also maintains a 'Sector Outperform' rating with a target of $450, up from a prior target of $440. Meanwhile, Cantor Fitzgerald and DA Davidson continue to support the stock with 'Overweight' and 'Buy' ratings, respectively.
MongoDB's Current Performance
MongoDB, a company specializing in database software, has faced fluctuating stock performance. On the day this article is published, MongoDB shares are priced at $332.75, down from a previous close of $356.29. The stock's 52-week high was $473.1, indicating it has struggled to maintain its earlier momentum. The company has a high P/E ratio of 509, reflecting its growth aspirations despite the challenges in the tech market.
What MongoDB, Inc. Does
MongoDB, Inc. provides a database platform used by businesses worldwide, including a cloud service known as MongoDB Atlas. Understanding Cisneros' activities becomes crucial, especially as lawmakers like him navigate their investments amid changing market dynamics.
What to Watch at MongoDB, Inc.
Looking ahead, market watchers will be interested in MongoDB's next earnings report scheduled for December 1, 2026. As a reminder, the recent sale by Cisneros reflects past holdings and may not indicate his current investment strategy. Investors should keep an eye on 13F filings for any further updates on his or other lawmakers' trading activities.
Related Filing Alerts
Source: Gilbert Cisneros's STOCK Act disclosure on $MDB (May 14, 2026). Find the original filing: House financial disclosure search. Written by software, not financial advice. How we make alerts