Knights of Columbus Asset Advisors LLC Acquires 25,227 Shares of Couchbase, Inc. (NASDAQ:BASE)

Knights of Columbus Asset Advisors LLC raised its position in Couchbase, Inc. (NASDAQ:BASE - Free Report) by 33.7% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 100,011 shares of the company's stock after acquiring an additional 25,227 shares during the period. Knights of Columbus Asset Advisors LLC owned about 0.19% of Couchbase worth $1,559,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Daiwa Securities Group Inc. lifted its position in shares of Couchbase by 22.2% in the fourth quarter. Daiwa Securities Group Inc. now owns 4,181 shares of the company's stock worth $65,000 after purchasing an additional 759 shares in the last quarter. ANTIPODES PARTNERS Ltd bought a new stake in Couchbase during the 4th quarter worth about $198,000. SG Americas Securities LLC boosted its stake in shares of Couchbase by 12.2% during the 4th quarter. SG Americas Securities LLC now owns 13,546 shares of the company's stock worth $211,000 after buying an additional 1,472 shares during the last quarter. Olympiad Research LP bought a new position in shares of Couchbase in the 4th quarter valued at about $248,000. Finally, Intech Investment Management LLC acquired a new stake in shares of Couchbase in the fourth quarter valued at about $249,000. Institutional investors and hedge funds own 96.07% of the company's stock.

Couchbase Price Performance

BASE traded up $0.16 on Thursday, hitting $14.66. 1,277,487 shares of the stock were exchanged, compared to its average volume of 509,553. The firm has a market capitalization of $767.42 million, a price-to-earnings ratio of -9.16 and a beta of 0.81. Couchbase, Inc. has a 12 month low of $12.92 and a 12 month high of $28.67. The business has a 50-day moving average of $16.80 and a two-hundred day moving average of $16.62.

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Couchbase (NASDAQ:BASE - Get Free Report) last announced its quarterly earnings data on Tuesday, February 25th. The company reported ($0.30) earnings per share for the quarter, missing the consensus estimate of ($0.08) by ($0.22). The business had revenue of $54.92 million for the quarter, compared to the consensus estimate of $53.25 million. Couchbase had a negative return on equity of 57.22% and a negative net margin of 39.31%. Equities research analysts expect that Couchbase, Inc. will post -1.48 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

BASE has been the subject of several analyst reports. Royal Bank of Canada decreased their target price on shares of Couchbase from $25.00 to $22.00 and set an "outperform" rating for the company in a research note on Wednesday, February 26th. Stifel Nicolaus lifted their price objective on shares of Couchbase from $20.00 to $22.00 and gave the company a "buy" rating in a research report on Wednesday, December 4th. Wells Fargo & Company lowered their price objective on shares of Couchbase from $23.00 to $20.00 and set an "overweight" rating on the stock in a research note on Wednesday, February 26th. Barclays cut their target price on shares of Couchbase from $23.00 to $22.00 and set an "overweight" rating for the company in a research note on Wednesday, February 26th. Finally, UBS Group lowered their price target on Couchbase from $19.00 to $18.00 and set a "neutral" rating on the stock in a research report on Wednesday, February 26th. One analyst has rated the stock with a sell rating, two have given a hold rating and thirteen have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $22.19.

Insider Buying and Selling

In other Couchbase news, SVP Margaret Chow sold 15,000 shares of the stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $18.31, for a total value of $274,650.00. Following the transaction, the senior vice president now owns 133,067 shares in the company, valued at approximately $2,436,456.77. This represents a 10.13 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Huw Owen sold 14,742 shares of the company's stock in a transaction that occurred on Friday, January 24th. The stock was sold at an average price of $18.05, for a total value of $266,093.10. Following the transaction, the senior vice president now directly owns 311,251 shares in the company, valued at $5,618,080.55. The trade was a 4.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 43,455 shares of company stock valued at $777,289 over the last ninety days. 16.10% of the stock is owned by company insiders.

Couchbase Company Profile

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.