12,674 Shares in Couchbase, Inc. (NASDAQ:BASE) Acquired by ANTIPODES PARTNERS Ltd

ANTIPODES PARTNERS Ltd purchased a new position in shares of Couchbase, Inc. (NASDAQ:BASE) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 12,674 shares of the company’s stock, valued at approximately $198,000.

Several other institutional investors and hedge funds have also bought and sold shares of BASE. US Bancorp DE grew its position in Couchbase by 147.8% during the 3rd quarter. US Bancorp DE now owns 19,528 shares of the company’s stock worth $315,000 after acquiring an additional 11,648 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of Couchbase by 33.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 369,190 shares of the company’s stock worth $5,951,000 after buying an additional 93,301 shares during the last quarter. Alpha DNA Investment Management LLC grew its position in shares of Couchbase by 20.4% in the 3rd quarter. Alpha DNA Investment Management LLC now owns 27,306 shares of the company’s stock worth $440,000 after buying an additional 4,629 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in shares of Couchbase in the 3rd quarter worth approximately $772,000. Finally, Wasatch Advisors LP grew its position 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 buying an additional 357,169 shares during the last quarter. 96.07% of the stock is currently owned by institutional investors.

Insider Transactions at Couchbase

In related news, SVP Huw Owen sold 2,993 shares of the company’s stock in a transaction on Monday, January 6th. The stock was sold at an average price of $16.02, for a total transaction of $47,947.86. Following the completion of the sale, the senior vice president now owns 325,993 shares in the company, valued at approximately $5,222,407.86. This represents a 0.91 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Margaret Chow sold 15,000 shares of the company’s stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $18.31, for a total value of $274,650.00. Following the sale, the senior vice president now owns 133,067 shares of the company’s stock, valued at approximately $2,436,456.77. This trade represents a 10.13 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 54,883 shares of company stock worth $950,915 over the last quarter. 16.10% of the stock is currently owned by insiders.

Couchbase Price Performance

BASE stock opened at $14.77 on Thursday. Couchbase, Inc. has a 1-year low of $13.53 and a 1-year high of $28.69. The business has a fifty day moving average price of $17.19 and a 200-day moving average price of $16.93. The stock has a market capitalization of $773.18 million, a P/E ratio of -9.23 and a beta of 0.81.

Couchbase (NASDAQ:BASE) last posted its quarterly earnings results 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). Couchbase had a negative return on equity of 57.22% and a negative net margin of 39.31%. The business had revenue of $54.92 million during the quarter, compared to analysts’ expectations of $53.25 million. As a group, analysts anticipate that Couchbase, Inc. will post -1.48 earnings per share for the current year.

Analyst Ratings Changes

BASE has been the topic of a number of recent analyst reports. Needham & Company LLC reiterated a “buy” rating and issued a $22.00 price objective on shares of Couchbase in a research report on Wednesday, February 26th. Guggenheim cut their price objective on Couchbase from $30.00 to $26.00 and set a “buy” rating on the stock in a research report on Wednesday, February 26th. Truist Financial initiated coverage on Couchbase in a research report on Thursday, December 12th. They issued a “buy” rating and a $21.00 price objective on the stock. The Goldman Sachs Group cut their price objective on Couchbase from $18.00 to $16.00 and set a “sell” rating on the stock in a research report on Thursday, February 27th. Finally, Stifel Nicolaus lifted their price target on Couchbase from $20.00 to $22.00 and gave the company a “buy” rating in a research report on Wednesday, December 4th. 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 company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $22.19.

Couchbase 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.