Russell Investments Group Ltd. Has $532,000 Stock Position in Couchbase, Inc. $BASE

Russell Investments Group Ltd. lowered its stake in Couchbase, Inc. (NASDAQ:BASE) by 63.9% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 33,804 shares of the company’s stock after selling 59,918 shares during the period. Russell Investments Group Ltd. owned approximately 0.06% of Couchbase worth $532,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in BASE. Jacobs Levy Equity Management Inc. increased its stake in shares of Couchbase by 5.8% in the fourth quarter. Jacobs Levy Equity Management Inc. now owns 588,439 shares of the company’s stock worth $9,174,000 after purchasing an additional 32,078 shares during the period. Deutsche Bank AG increased its stake in shares of Couchbase by 26.4% in the first quarter. Deutsche Bank AG now owns 493,404 shares of the company’s stock worth $7,771,000 after purchasing an additional 103,021 shares during the period. Northern Trust Corp increased its stake in shares of Couchbase by 11.1% in the fourth quarter. Northern Trust Corp now owns 367,884 shares of the company’s stock worth $5,735,000 after purchasing an additional 36,828 shares during the period. Congress Asset Management Co. bought a new position in shares of Couchbase in the first quarter worth about $5,650,000. Finally, Circumference Group LLC increased its stake in shares of Couchbase by 34.8% in the fourth quarter. Circumference Group LLC now owns 310,000 shares of the company’s stock worth $4,833,000 after purchasing an additional 80,000 shares during the period. Institutional investors and hedge funds own 96.07% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently issued reports on BASE. UBS Group upped their price objective on Couchbase from $18.00 to $20.00 and gave the company a “neutral” rating in a research note on Wednesday, June 4th. Morgan Stanley upped their price objective on Couchbase from $18.00 to $19.00 and gave the company an “equal weight” rating in a research note on Wednesday, June 4th. Piper Sandler lowered Couchbase from a “strong-buy” rating to a “hold” rating and upped their price objective for the company from $20.00 to $24.50 in a research note on Friday, June 20th. Royal Bank Of Canada lowered Couchbase from a “moderate buy” rating to a “hold” rating in a research note on Friday, June 20th. Finally, Truist Financial reiterated a “hold” rating and issued a $24.50 price objective (up from $21.00) on shares of Couchbase in a research note on Monday, June 23rd. Four research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Couchbase currently has an average rating of “Hold” and a consensus target price of $23.16.

Couchbase Stock Performance

Shares of Couchbase stock opened at $24.39 on Monday. The firm has a fifty day moving average of $24.33 and a two-hundred day moving average of $19.52. The stock has a market capitalization of $1.35 billion, a price-to-earnings ratio of -17.80 and a beta of 0.93. Couchbase, Inc. has a 52 week low of $12.78 and a 52 week high of $25.16.

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

Insider Transactions at Couchbase

In other Couchbase news, Director Lynn M. Christensen sold 7,933 shares of the stock in a transaction dated Tuesday, June 17th. The stock was sold at an average price of $20.01, for a total transaction of $158,739.33. Following the completion of the transaction, the director owned 11,987 shares in the company, valued at approximately $239,859.87. This represents a 39.82% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Huw Owen sold 15,873 shares of the stock in a transaction dated Wednesday, June 25th. The stock was sold at an average price of $24.28, for a total value of $385,396.44. Following the transaction, the senior vice president owned 377,820 shares of the company’s stock, valued at approximately $9,173,469.60. This trade represents a 4.03% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 145,541 shares of company stock worth $3,457,705 in the last 90 days. Company insiders own 16.10% of the company’s stock.

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.