35,457 Shares in Couchbase, Inc. $BASE Bought by EntryPoint Capital LLC

Key Points

• EntryPoint Capital LLC acquired 35,457 shares of Couchbase, Inc. for approximately $558,000, representing about 0.07% of the company as of its most recent filing with the SEC.
• Couchbase's stock has shown slight fluctuations, recently opening at $24.34, with a market capitalization of $1.34 billion and a PE ratio of -17.77.
• Multiple institutional investors, including Hood River Capital Management and Deutsche Bank AG, have increased their stakes in Couchbase, indicating growing interest in the company's stock.

EntryPoint Capital LLC acquired a new stake in shares of Couchbase, Inc. (NASDAQ:BASE - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 35,457 shares of the company's stock, valued at approximately $558,000. EntryPoint Capital LLC owned about 0.07% of Couchbase as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Wells Fargo & Company MN lifted its holdings in Couchbase by 15.1% in the 4th quarter. Wells Fargo & Company MN now owns 30,503 shares of the company's stock valued at $476,000 after purchasing an additional 4,010 shares in the last quarter. Summit Investment Advisors Inc. boosted its position in Couchbase by 24.1% during the fourth quarter. Summit Investment Advisors Inc. now owns 4,161 shares of the company's stock worth $65,000 after acquiring an additional 807 shares during the last quarter. Barclays PLC grew its stake in Couchbase by 6.5% in the 4th quarter. Barclays PLC now owns 80,520 shares of the company's stock worth $1,255,000 after acquiring an additional 4,918 shares during the period. Marshall Wace LLP raised its holdings in Couchbase by 61.0% in the 4th quarter. Marshall Wace LLP now owns 34,163 shares of the company's stock valued at $533,000 after acquiring an additional 12,945 shares during the last quarter. Finally, MetLife Investment Management LLC lifted its stake in shares of Couchbase by 5.9% during the 4th quarter. MetLife Investment Management LLC now owns 24,172 shares of the company's stock worth $377,000 after purchasing an additional 1,342 shares during the period. Hedge funds and other institutional investors own 96.07% of the company's stock.

Wall Street Analyst Weigh In

BASE has been the subject of several analyst reports. Needham & Company LLC lowered Couchbase from a "moderate buy" rating to a "hold" rating and set a $22.00 target price for the company. in a research note on Friday, June 20th. Robert W. Baird restated a "neutral" rating and issued a $25.00 price target (up previously from $22.00) on shares of Couchbase in a report on Monday, June 23rd. Rosenblatt Securities lowered shares of Couchbase from a "strong-buy" rating to a "hold" rating and increased their price objective for the stock from $22.00 to $24.50 in a report on Friday, June 20th. DA Davidson cut shares of Couchbase from a "strong-buy" rating to a "hold" rating and decreased their target price for the stock from $25.00 to $24.50 in a research report on Friday, June 20th. Finally, Baird R W downgraded shares of Couchbase from a "strong-buy" rating to a "hold" rating in a report on Monday, June 23rd. Four research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Couchbase has an average rating of "Hold" and a consensus price target of $23.16.

Couchbase Stock Performance

Shares of NASDAQ:BASE traded up $0.02 during trading on Friday, reaching $24.37. 909,656 shares of the stock were exchanged, compared to its average volume of 540,007. Couchbase, Inc. has a 12-month low of $12.78 and a 12-month high of $25.16. The firm has a market cap of $1.35 billion, a price-to-earnings ratio of -17.79 and a beta of 0.93. The firm's 50-day moving average price is $23.92 and its 200 day moving average price is $19.32.

Couchbase (NASDAQ:BASE - Get Free Report) last posted its quarterly earnings results on Tuesday, June 3rd. The company reported ($0.06) EPS for the quarter, beating the consensus estimate of ($0.08) by $0.02. The firm had revenue of $56.52 million for the quarter, compared to analyst estimates of $55.59 million. Couchbase had a negative net margin of 33.23% and a negative return on equity of 55.25%. Couchbase's revenue for the quarter was up 10.1% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.10) earnings per share. Couchbase has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. As a group, equities research analysts forecast that Couchbase, Inc. will post -1.48 EPS for the current year.

Insider Buying and Selling at Couchbase

In related news, CFO William Robert Carey sold 2,300 shares of the company's stock in a transaction on Wednesday, June 4th. The shares were sold at an average price of $19.50, for a total transaction of $44,850.00. Following the completion of the sale, the chief financial officer directly owned 94,780 shares of the company's stock, valued at approximately $1,848,210. This represents a 2.37% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Huw Owen sold 15,873 shares of the business's stock in a transaction dated Wednesday, June 25th. The stock was sold at an average price of $24.28, for a total value of $385,396.44. Following the transaction, the senior vice president owned 377,820 shares in the company, valued at approximately $9,173,469.60. This represents a 4.03% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 146,441 shares of company stock worth $3,473,797. Insiders own 14.80% of the company's stock.

Couchbase Profile

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.