The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Couchbase Inc shares valued at $173,044 were sold by Henry Gregory N on Feb 03 ’25. At $17.62 per share, Henry Gregory N sold 9,820 shares. The insider’s holdings dropped to 304,555 shares worth approximately $5.34 million following the completion of this transaction.
Also, Carpenter Carol W. sold 900 shares, netting a total of over 15,570 in proceeds. Following the sale of shares at $17.30 each, the insider now holds 20,827 shares.
Before that, Chow Margaret had sold 15,000 shares from its account. In a trade valued at $274,647, the SVP & Chief Legal Officer traded Couchbase Inc shares for $18.31 each. Upon closing the transaction, the insider’s holdings decreased to 15,000 shares, worth approximately $2.33 million.
As published in their initiating research note from Truist on December 12, 2024, Couchbase Inc [BASE] has been a Buy and the price target has been revised to $21. As of October 07, 2024, Barclays has increased its “an Equal weight” rating to a “an Overweight” for BASE. Earlier on August 16, 2024, Piper Sandler initiated its rating. Their recommendation was “an Overweight” for BASE stock.
Analyzing BASE Stock Performance
During the last five days, there has been a drop of approximately -4.21%. Over the course of the year, Couchbase Inc shares have jumped approximately 12.44%. Shares of the company reached a 52-week high of $19.32 on 02/12/25 and a 52-week low of $15.14 on 01/02/25. A 50-day SMA is recorded $16.91, while a 200-day SMA reached $18.01. Nevertheless, trading volume fell to 0.6 million shares from 1.38 million shares the previous day.
Support And Resistance Levels for Couchbase Inc (BASE)
According to the 24-hour chart, there is a support level at 17.07, which, if violated, would cause prices to drop to 16.61. In the upper region, resistance lies at 18.23. The next price resistance is at 18.93. RSI (Relative Strength Index) is 48.57 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.84, which suggests the price will decrease in the coming days. Percent R is at 51.44%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
