Couchbase Inc’s filing revealed that its Director Epstein Jeff unloaded Company’s shares for reported $0.15 million on Jul 26 ’24. In the deal valued at $20.10 per share,7,277 shares were sold. As a result of this transaction, Epstein Jeff now holds 28,027 shares worth roughly $0.55 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Epstein Jeff sold 12,723 shares, generating $254,625 in total proceeds. Upon selling the shares at $20.01, the Director now owns 28,027 shares.
Before that, Cain Matthew M sold 8,953 shares. Couchbase Inc shares valued at $179,147 were divested by the Chair, President, and CEO at a price of $20.01 per share. As a result of the transaction, Cain Matthew M now holds 776,437 shares, worth roughly $15.28 million.
Needham initiated its Couchbase Inc [BASE] rating to a Buy in a research note published on June 26, 2024; the price target was $22. A number of analysts have revised their coverage, including Goldman’s analysts, who decreased its forecast for the stock in early June from “a Neutral” to “a Sell”. UBS began covering BASE with “Neutral” recommendation on May 22, 2024. Barclays revised its rating on February 20, 2024. It rated BASE as “an Equal weight” which previously was an “an Overweight”.
Price Performance Review of BASE
On Tuesday, Couchbase Inc [NASDAQ:BASE] saw its stock fall -0.61% to $19.68. Over the last five days, the stock has gained 0.41%. Couchbase Inc shares have fallen nearly -12.61% since the year began. Nevertheless, the stocks have risen 20.22% over the past one year. While a 52-week high of $32.00 was reached on 03/06/24, a 52-week low of $14.12 was recorded on 06/20/24. SMA at 50 days reached $19.96, while 200 days put it at $22.30. A total of 0.26 million shares were traded, compared to the trading of 0.42 million shares in the previous session.
Levels Of Support And Resistance For BASE Stock
The 24-hour chart illustrates a support level at 19.22, which if violated will result in even more drops to 18.76. On the upside, there is a resistance level at 20.18. A further resistance level may holdings at 20.68. The Relative Strength Index (RSI) on the 14-day chart is 56.55, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.96, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 29.20%. Stochastics%K at 74.44% indicates the stock is a holding.
The most recent change occurred on January 08, 2024 when Wells Fargo began covering the stock and recommended ‘”an Overweight”‘ rating along with a $26 price target.
