Couchbase, Inc. (NASDAQ:BASE - Get Free Report) SVP Huw Owen sold 15,938 shares of the stock in a transaction that occurred on Friday, March 28th. The shares were sold at an average price of $15.43, for a total value of $245,923.34. Following the sale, the senior vice president now owns 427,699 shares of the company's stock, valued at approximately $6,599,395.57. The trade was a 3.59 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Huw Owen also recently made the following trade(s):
- On Friday, January 24th, Huw Owen sold 14,742 shares of Couchbase stock. The stock was sold at an average price of $18.05, for a total value of $266,093.10.
- On Monday, January 6th, Huw Owen sold 2,993 shares of Couchbase stock. The stock was sold at an average price of $16.02, for a total transaction of $47,947.86.
Couchbase Stock Performance
BASE opened at $16.15 on Wednesday. The firm has a market cap of $857.57 million, a price-to-earnings ratio of -10.09 and a beta of 0.81. The firm's 50-day simple moving average is $16.73 and its 200-day simple moving average is $16.65. Couchbase, Inc. has a twelve month low of $12.92 and a twelve month high of $28.67.
Couchbase (NASDAQ:BASE - Get Free Report) last released its quarterly earnings results on Tuesday, February 25th. The company reported ($0.30) EPS for the quarter, missing analysts' consensus estimates of ($0.08) by ($0.22). The firm had revenue of $54.92 million during the quarter, compared to analyst estimates of $53.25 million. Couchbase had a negative net margin of 39.31% and a negative return on equity of 57.22%. As a group, sell-side analysts anticipate that Couchbase, Inc. will post -1.48 EPS for the current fiscal year.
Institutional Investors Weigh In On Couchbase
Large investors have recently bought and sold shares of the business. Quarry LP acquired a new position in Couchbase in the fourth quarter worth $35,000. Summit Investment Advisors Inc. lifted its position in Couchbase by 24.1% during the 4th quarter. Summit Investment Advisors Inc. now owns 4,161 shares of the company's stock worth $65,000 after buying an additional 807 shares in the last quarter. Daiwa Securities Group Inc. grew its holdings in Couchbase by 22.2% during the 4th quarter. Daiwa Securities Group Inc. now owns 4,181 shares of the company's stock worth $65,000 after acquiring an additional 759 shares during the last quarter. KLP Kapitalforvaltning AS acquired a new stake in Couchbase in the 4th quarter valued at about $112,000. Finally, Dark Forest Capital Management LP bought a new position in shares of Couchbase in the fourth quarter worth about $165,000. 96.07% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
A number of brokerages have weighed in on BASE. Barclays reduced their price target on shares of Couchbase from $23.00 to $22.00 and set an "overweight" rating for the company in a report on Wednesday, February 26th. Robert W. Baird decreased their target price on Couchbase from $27.00 to $25.00 and set an "outperform" rating on the stock in a research report on Wednesday, December 4th. Royal Bank of Canada cut their price target on Couchbase from $25.00 to $22.00 and set an "outperform" rating for the company in a report on Wednesday, February 26th. Wells Fargo & Company decreased their price objective on Couchbase from $23.00 to $20.00 and set an "overweight" rating on the stock in a report on Wednesday, February 26th. Finally, DA Davidson restated a "buy" rating and issued a $25.00 target price on shares of Couchbase in a research note on Wednesday, December 4th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and thirteen have assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $22.19.
View Our Latest Analysis on BASE
About Couchbase
(
Get Free Report)
Couchbase, Inc provides cloud database platform for enterprise applications in the United States and internationally. Its database works in multiple configurations, ranging from cloud to multi- or hybrid-cloud to on-premise environments to the edge. The company offers Couchbase Capella, an automated and secure Database-as-a-Service that simplifies database management by deploying, managing, and operating Couchbase Server across cloud environments; and Couchbase Server, a multi-service NoSQL database, which provides SQL-compatible query language and SQL++ that allows for a various array of data manipulation functions.
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