Nuveen LLC Takes $1.44 Million Position in Couchbase, Inc. $BASE

Nuveen LLC purchased a new position in Couchbase, Inc. (NASDAQ:BASE) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 91,388 shares of the company’s stock, valued at approximately $1,439,000. Nuveen LLC owned 0.17% of Couchbase as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently added to or reduced their stakes in the company. Quarry LP bought a new position in Couchbase in the fourth quarter worth approximately $35,000. CWM LLC increased its position in Couchbase by 272.9% during the 1st quarter. CWM LLC now owns 4,191 shares of the company’s stock valued at $66,000 after buying an additional 3,067 shares in the last quarter. Harbor Capital Advisors Inc. increased its stake in Couchbase by 33.3% during the 1st quarter. Harbor Capital Advisors Inc. now owns 8,972 shares of the company’s stock valued at $141,000 after purchasing an additional 2,240 shares in the last quarter. Balyasny Asset Management L.P. purchased a new stake in Couchbase in the fourth quarter valued at approximately $201,000. Finally, State of Tennessee Department of Treasury acquired a new stake in Couchbase during the 4th quarter worth about $201,000. 96.07% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Lynn M. Christensen sold 7,933 shares of Couchbase stock in a transaction dated Tuesday, June 17th. The shares were sold at an average price of $20.01, for a total transaction of $158,739.33. Following the completion of the sale, the director directly owned 11,987 shares in the company, valued at $239,859.87. The trade was a 39.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Matthew M. Cain sold 12,357 shares of the business’s stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $24.35, for a total transaction of $300,892.95. Following the completion of the sale, the chief executive officer owned 852,949 shares of the company’s stock, valued at approximately $20,769,308.15. The trade was a 1.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 145,541 shares of company stock valued at $3,457,705. 16.10% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several brokerages have recently issued reports on BASE. UBS Group boosted their price objective on Couchbase from $18.00 to $20.00 and gave the company a “neutral” rating in a report on Wednesday, June 4th. DA Davidson lowered Couchbase from a “strong-buy” rating to a “hold” rating and dropped their price target for the company from $25.00 to $24.50 in a research report on Friday, June 20th. Rosenblatt Securities lowered Couchbase from a “strong-buy” rating to a “hold” rating and increased their price objective for the stock from $22.00 to $24.50 in a research report on Friday, June 20th. Needham & Company LLC lowered Couchbase from a “moderate buy” rating to a “hold” rating and set a $22.00 price objective for the company. in a research report on Friday, June 20th. Finally, Piper Sandler lowered Couchbase from a “strong-buy” rating to a “hold” rating and raised their price target for the stock from $20.00 to $24.50 in a research report on Friday, June 20th. Four research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $23.16.

Couchbase Stock Down 0.0%

Couchbase stock opened at $24.39 on Monday. The firm has a market capitalization of $1.35 billion, a PE ratio of -17.80 and a beta of 0.93. The firm’s 50-day simple moving average is $24.33 and its 200 day simple moving average is $19.52. Couchbase, Inc. has a 52 week low of $12.78 and a 52 week high of $25.16.

Couchbase (NASDAQ:BASE) last announced its earnings results on Tuesday, June 3rd. The company reported ($0.06) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.02. The company had revenue of $56.52 million during the quarter, compared to analysts’ expectations of $55.59 million. Couchbase had a negative net margin of 33.23% and a negative return on equity of 55.25%. The firm’s quarterly revenue was up 10.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.10) earnings per share. Couchbase has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. On average, research analysts expect that Couchbase, Inc. will post -1.48 EPS for the current fiscal year.

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.