Couchbase, Inc. (NASDAQ:BASE) SVP Sells $115,291.50 in Stock

Couchbase, Inc. (NASDAQ:BASE - Get Free Report) SVP Huw Owen sold 7,575 shares of the business's stock in a transaction on Monday, December 23rd. The stock was sold at an average price of $15.22, for a total value of $115,291.50. Following the completion of the transaction, the senior vice president now directly owns 341,709 shares in the company, valued at approximately $5,200,810.98. This represents a 2.17 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Huw Owen also recently made the following trade(s):

• On Friday, September 27th, Huw Owen sold 6,736 shares of Couchbase stock. The shares were sold at an average price of $15.07, for a total transaction of $101,511.52.

Couchbase Stock Up 0.6 %

BASE traded up $0.09 during trading on Thursday, reaching $15.59. 268,263 shares of the stock traded hands, compared to its average volume of 485,307. The stock's 50-day moving average is $17.56 and its 200 day moving average is $17.30. Couchbase, Inc. has a 12 month low of $13.53 and a 12 month high of $32.00. The stock has a market capitalization of $816.11 million, a PE ratio of -9.74 and a beta of 0.71.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. EVR Research LP raised its stake in Couchbase by 9.4% during the 2nd quarter. EVR Research LP now owns 2,081,585 shares of the company's stock worth $38,010,000 after buying an additional 179,585 shares during the period. Franklin Resources Inc. increased its holdings in shares of Couchbase by 27.3% during the third quarter. Franklin Resources Inc. now owns 1,647,334 shares of the company's stock valued at $27,379,000 after acquiring an additional 353,233 shares in the last quarter. Hood River Capital Management LLC raised its position in shares of Couchbase by 7.8% during the second quarter. Hood River Capital Management LLC now owns 1,629,893 shares of the company's stock worth $29,762,000 after purchasing an additional 118,372 shares during the period. Wasatch Advisors LP lifted its holdings in shares of Couchbase by 56.4% in the 3rd quarter. Wasatch Advisors LP now owns 990,331 shares of the company's stock worth $15,964,000 after purchasing an additional 357,169 shares in the last quarter. Finally, Geode Capital Management LLC lifted its holdings in shares of Couchbase by 10.3% in the 3rd quarter. Geode Capital Management LLC now owns 944,447 shares of the company's stock worth $15,228,000 after purchasing an additional 88,068 shares in the last quarter. Institutional investors and hedge funds own 96.07% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Guggenheim reiterated a "buy" rating and issued a $30.00 price objective on shares of Couchbase in a report on Wednesday, December 4th. Oppenheimer cut their price target on shares of Couchbase from $25.00 to $23.00 and set an "outperform" rating on the stock in a research report on Thursday, September 5th. Stifel Nicolaus boosted their price objective on shares of Couchbase from $20.00 to $22.00 and gave the company a "buy" rating in a report on Wednesday, December 4th. Truist Financial started coverage on shares of Couchbase in a report on Thursday, December 12th. They issued a "buy" rating and a $21.00 target price on the stock. Finally, Wedbush assumed coverage on shares of Couchbase in a report on Thursday, October 17th. They issued an "outperform" rating and a $26.00 price target for the company. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and thirteen have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $23.13.

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.