Couchbase Inc’s recently made public that its SVP & Chief Financial Officer Henry Gregory N unloaded Company’s shares for reported $0.17 million on Feb 03 ’25. In the deal valued at $17.62 per share,9,820 shares were sold. As a result of this transaction, Henry Gregory N now holds 304,555 shares worth roughly $5.45 million.
Then, Carpenter Carol W. sold 900 shares, generating $15,570 in total proceeds. Upon selling the shares at $17.30, the Director now owns 20,827 shares.
Before that, Chow Margaret sold 15,000 shares. Couchbase Inc shares valued at $274,647 were divested by the SVP & Chief Legal Officer at a price of $18.31 per share. As a result of the transaction, Chow Margaret now holds 133,067 shares, worth roughly $2.38 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 -2.19% to $17.90. Over the last five days, the stock has lost -4.79%. Couchbase Inc shares have risen nearly 14.82% since the year began. Nevertheless, the stocks have fallen -33.51% over the past one year. While a 52-week high of $32.00 was reached on 02/12/25, a 52-week low of $13.53 was recorded on 01/02/25. SMA at 50 days reached $16.82, while 200 days put it at $18.18.
Levels Of Support And Resistance For BASE Stock
The 24-hour chart illustrates a support level at 17.64, which if violated will result in even more drops to 17.39. On the upside, there is a resistance level at 18.35. A further resistance level may holdings at 18.81. The Relative Strength Index (RSI) on the 14-day chart is 49.83, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.28, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 61.74%. Stochastics %K at 53.19% indicates the stock is a holding.
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.