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Insider Sale Alert: Couchbase Inc [BASE] – Is it Time to sell?

Couchbase Inc’s recent filing unveils that its SVP & Chief Legal Officer Chow Margaret unloaded Company’s shares for reported $0.18 million on Mar 20 ’25. In the deal valued at $14.00 per share,12,915 shares were sold. As a result of this transaction, Chow Margaret now holds 205,175 shares worth roughly $2.98 million.

Then, Chow Margaret sold 10,082 shares, generating $176,278 in total proceeds. Upon selling the shares at $17.48, the SVP & Chief Legal Officer now owns 225,195 shares.

Before that, Carpenter Carol W. sold 900 shares. Couchbase Inc shares valued at $15,885 were divested by the Director at a price of $17.65 per share. As a result of the transaction, Carpenter Carol W. now holds 19,927 shares, worth roughly $0.29 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 Monday, Couchbase Inc [NASDAQ:BASE] saw its stock jump 0.21% to $14.50. Over the last five days, the stock has gained 6.85%. Couchbase Inc shares have fallen nearly -6.99% since the year began. Nevertheless, the stocks have fallen -46.77% over the past one year. While a 52-week high of $28.67 was reached on 02/12/25, a 52-week low of $12.92 was recorded on 03/18/25. SMA at 50 days reached $16.80, while 200 days put it at $17.12.

Levels Of Support And Resistance For BASE Stock

The 24-hour chart illustrates a support level at 14.36, which if violated will result in even more drops to 14.21. On the upside, there is a resistance level at 14.75. A further resistance level may holdings at 15.00. The Relative Strength Index (RSI) on the 14-day chart is 39.80, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.37, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 68.65%. Stochastics %K at 29.50% 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 2025-02-28, growing by 31372.0 shares to a total of 1.38 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 1.35 million shares. There was a rise of 2.27%, 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.

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