Couchbase Inc’s filing revealed that its SVP & Chief Revenue Officer Owen Huw unloaded Company’s shares for reported $47960.0 on Jan 06 ’25. In the deal valued at $16.02 per share,2,993 shares were sold. As a result of this transaction, Owen Huw now holds 325,993 shares worth roughly $5.15 million.
Then, Carpenter Carol W. sold 900 shares, generating $13,948 in total proceeds. Upon selling the shares at $15.50, the Director now owns 21,727 shares.
Before that, Henry Gregory N sold 22,304 shares. Couchbase Inc shares valued at $345,672 were divested by the SVP & Chief Financial Officer at a price of $15.50 per share. As a result of the transaction, Henry Gregory N now holds 314,375 shares, worth roughly $4.97 million.
Truist initiated its Couchbase Inc [BASE] rating to a Buy in a research note published on December 12, 2024; the price target was $21. Barclays also remained covering BASE and has increased its forecast on October 07, 2024 with a “an Overweight” recommendation from previously “an Equal weight” rating. Piper Sandler started covering the stock on August 16, 2024. It rated BASE as “an Overweight”.
Price Performance Review of BASE
On Friday, Couchbase Inc [NASDAQ:BASE] saw its stock fall -1.25% to $15.80. Over the last five days, the stock has gained 1.61%. Couchbase Inc shares have risen nearly 1.35% since the year began. Nevertheless, the stocks have fallen -29.18% over the past one year. While a 52-week high of $32.00 was reached on 01/06/25, a 52-week low of $13.53 was recorded on 01/02/25. SMA at 50 days reached $17.35, while 200 days put it at $19.20.
Levels Of Support And Resistance For BASE Stock
The 24-hour chart illustrates a support level at 15.48, which if violated will result in even more drops to 15.17. On the upside, there is a resistance level at 16.06. A further resistance level may holdings at 16.32. The Relative Strength Index (RSI) on the 14-day chart is 44.23, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.27, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 46.21%. Stochastics %K at 65.37% indicates the stock is a holding.
How much short interest is there in Couchbase Inc?
A steep rise in short interest was recorded in Couchbase Inc stocks on 2024-11-15, growing by 26990.0 shares to a total of 1.4 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 1.38 million shares. There was a rise of 1.92%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on June 26, 2024 when Needham began covering the stock and recommended ‘”a Buy”‘ rating along with a $22 price target.
