Couchbase, Inc. (NASDAQ:BASE) SVP Sells $310,254.99 in Stock

Couchbase, Inc. (NASDAQ:BASEGet Free Report) SVP Huw Owen sold 11,581 shares of the company’s stock in a transaction on Friday, March 22nd. The shares were sold at an average price of $26.79, for a total value of $310,254.99. Following the sale, the senior vice president now owns 441,454 shares of the company’s stock, valued at $11,826,552.66. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

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

  • On Thursday, January 25th, Huw Owen sold 1,376 shares of Couchbase stock. The stock was sold at an average price of $25.00, for a total value of $34,400.00.
  • On Tuesday, January 23rd, Huw Owen sold 3,500 shares of Couchbase stock. The stock was sold at an average price of $25.00, for a total value of $87,500.00.
  • On Tuesday, January 2nd, Huw Owen sold 40,604 shares of Couchbase stock. The shares were sold at an average price of $21.38, for a total value of $868,113.52.

Couchbase Price Performance

Couchbase stock opened at $25.98 on Wednesday. Couchbase, Inc. has a one year low of $13.28 and a one year high of $32.00. The business has a fifty day moving average price of $26.80 and a 200-day moving average price of $21.65. The firm has a market capitalization of $1.25 billion, a P/E ratio of -15.28 and a beta of 0.72.

Institutional Investors Weigh In On Couchbase

Several large investors have recently added to or reduced their stakes in BASE. Swiss National Bank lifted its stake in Couchbase by 7.9% during the first quarter. Swiss National Bank now owns 25,800 shares of the company’s stock worth $449,000 after purchasing an additional 1,900 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in Couchbase by 698.1% during the first quarter. JPMorgan Chase & Co. now owns 46,673 shares of the company’s stock worth $813,000 after purchasing an additional 40,825 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in shares of Couchbase by 130.7% in the first quarter. Bank of New York Mellon Corp now owns 64,384 shares of the company’s stock worth $1,122,000 after buying an additional 36,474 shares during the period. MetLife Investment Management LLC purchased a new position in shares of Couchbase in the first quarter worth about $255,000. Finally, Metropolitan Life Insurance Co NY purchased a new position in shares of Couchbase in the first quarter worth about $30,000. Institutional investors own 96.07% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on BASE. Wells Fargo & Company increased their price target on Couchbase from $26.00 to $34.00 and gave the stock an “overweight” rating in a report on Tuesday, March 5th. Guggenheim increased their price target on Couchbase from $27.00 to $32.00 and gave the stock a “buy” rating in a report on Wednesday, March 6th. DA Davidson increased their price objective on Couchbase from $27.00 to $35.00 and gave the stock a “buy” rating in a research note on Wednesday, March 6th. Robert W. Baird increased their price objective on Couchbase from $28.00 to $35.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 6th. Finally, Stifel Nicolaus increased their price objective on Couchbase from $24.00 to $33.00 and gave the stock a “buy” rating in a research note on Wednesday, March 6th. Three analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, Couchbase presently has a consensus rating of “Moderate Buy” and an average target price of $32.40.

Check Out Our Latest Analysis on BASE

Couchbase Company Profile

(Get Free Report)

Couchbase, Inc provides a database 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 helps in 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.

Further Reading

Insider Buying and Selling by Quarter for Couchbase (NASDAQ:BASE)

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