2 weeks Ago By Defense World Staff
Russell Investments Group Ltd. increased its position in shares of Couchbase, Inc. (NASDAQ:BASE – Free Report) by 295.
7% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 93,722 shares of the company’s stock after purchasing an additional 70,034 shares during the quarter. Russell Investments Group Ltd.
owned approximately 0.18% of Couchbase worth $1,442,000 as of its most recent filing with the SEC. Several other hedge funds have also recently added to or reduced their stakes in the company.
Wells Fargo & Company MN boosted its position in shares of Couchbase by 15.1% during the 4th quarter. Wells Fargo & Company MN now owns 30,503 shares of the company’s stock valued at $476,000 after acquiring an additional 4,010 shares during the last quarter.
ExodusPoint Capital Management LP acquired a new stake in shares of Couchbase during the 4th quarter worth approximately $793,000. Geode Capital Management LLC raised its position in shares of Couchbase by 0.8% during the 4th quarter.
Geode Capital Management LLC now owns 952,361 shares of the company’s stock valued at $14,851,000 after buying an additional 7,914 shares during the period. Franklin Resources Inc. lifted its holdings in Couchbase by 26.
8% in the fourth quarter. Franklin Resources Inc. now owns 2,089,104 shares of the company’s stock valued at $32,569,000 after acquiring an additional 441,770 shares during the last quarter.
Finally, Vanguard Group Inc. lifted its holdings in Couchbase by 3.3% in the fourth quarter.
Vanguard Group Inc. now owns 5,126,087 shares of the company’s stock valued at $79,916,000 after acquiring an additional 164,563 shares during the last quarter. 96.
07% of the stock is owned by institutional investors and hedge funds. Couchbase Price PerformanceShares of Couchbase stock opened at $14.89 on Monday.
The company has a market cap of $790.66 million, a PE ratio of -9.31 and a beta of 0.
85. The firm has a fifty day moving average price of $15.80 and a two-hundred day moving average price of $16.
67. Couchbase, Inc. has a fifty-two week low of $12.
78 and a fifty-two week high of $28.67. Couchbase (NASDAQ:BASE – Get Free Report) last announced its quarterly earnings results on Tuesday, February 25th.
The company reported ($0.30) EPS for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.
22). The business had revenue of $54.92 million for the quarter, compared to the consensus estimate of $53.
25 million. Couchbase had a negative return on equity of 57.22% and a negative net margin of 39.
31%. Analysts expect that Couchbase, Inc. will post -1.
48 earnings per share for the current fiscal year. Analyst Upgrades and DowngradesA number of equities research analysts have commented on the company. Royal Bank of Canada reduced their target price on Couchbase from $25.
00 to $22.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 26th. UBS Group reduced their price objective on shares of Couchbase from $19.
00 to $18.00 and set a “neutral” rating on the stock in a report on Wednesday, February 26th. Barclays lowered their target price on shares of Couchbase from $23.
00 to $22.00 and set an “overweight” rating for the company in a research note on Wednesday, February 26th. Piper Sandler boosted their price target on shares of Couchbase from $21.
00 to $22.00 and gave the company an “overweight” rating in a research note on Wednesday, February 26th. Finally, The Goldman Sachs Group decreased their price objective on shares of Couchbase from $18.
00 to $16.00 and set a “sell” rating on the stock in a report on Thursday, February 27th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and fourteen have given a buy rating to the stock.
Based on data from MarketBeat, Couchbase currently has a consensus rating of “Moderate Buy” and an average price target of $21.76.Read Our Latest Stock Analysis on CouchbaseInsiders Place Their BetsIn other Couchbase news, CFO Gregory N.
Henry sold 9,820 shares of the stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $17.62, for a total value of $173,028.
40. Following the sale, the chief financial officer now directly owns 304,555 shares in the company, valued at approximately $5,366,259.10.
This trade represents a 3.12 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Also, SVP Huw Owen sold 14,742 shares of Couchbase stock in a transaction dated Friday, January 24th. The stock was sold at an average price of $18.05, for a total value of $266,093.
10. Following the transaction, the senior vice president now owns 311,251 shares in the company, valued at approximately $5,618,080.55.
This represents a 4.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here.
In the last quarter, insiders have sold 56,400 shares of company stock valued at $975,265. 16.10% of the stock is currently owned by corporate insiders.
Couchbase Company Profile (Free Report)Couchbase, Inc provides cloud database platform for enterprise applications in the United States and internationally. Its database works in multiple configurations, ranging from cloud to multi- or hybrid-cloud to on-premise environments to the edge. The company offers Couchbase Capella, an automated and secure Database-as-a-Service that simplifies database management by deploying, managing, and operating Couchbase Server across cloud environments; and Couchbase Server, a multi-service NoSQL database, which provides SQL-compatible query language and SQL++ that allows for a various array of data manipulation functions.
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