Deutsche Bank AG Has $7.77 Million Position in Couchbase, Inc. $BASE

Key Points

• Deutsche Bank AG increased its stake in Couchbase, Inc. by 26.4% during the first quarter, owning 493,404 shares valued at approximately $7.77 million.
• Couchbase reported quarterly earnings showing revenue growth of 10.1% year-over-year, with EPS beating analysts’ expectations.
• Recent analyst reports show mixed ratings for Couchbase, with one cut from "moderate buy" to "hold" and varying price targets from $19.00 to $25.00.

Deutsche Bank AG boosted its holdings in shares of Couchbase, Inc. (NASDAQ:BASE - Free Report) by 26.4% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 493,404 shares of the company's stock after acquiring an additional 103,021 shares during the quarter. Deutsche Bank AG owned approximately 0.91% of Couchbase worth $7,771,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in BASE. Hood River Capital Management LLC raised its position in Couchbase by 38.2% during the fourth quarter. Hood River Capital Management LLC now owns 2,738,468 shares of the company's stock valued at $42,693,000 after acquiring an additional 756,394 shares in the last quarter. Congress Asset Management Co. bought a new position in Couchbase during the first quarter valued at approximately $5,650,000. Voya Investment Management LLC raised its position in Couchbase by 13.9% during the fourth quarter. Voya Investment Management LLC now owns 1,604,396 shares of the company's stock valued at $25,013,000 after acquiring an additional 195,434 shares in the last quarter. Readystate Asset Management LP raised its position in Couchbase by 71.2% during the first quarter. Readystate Asset Management LP now owns 211,518 shares of the company's stock valued at $3,331,000 after acquiring an additional 87,976 shares in the last quarter. Finally, Circumference Group LLC raised its position in Couchbase by 34.8% during the fourth quarter. Circumference Group LLC now owns 310,000 shares of the company's stock valued at $4,833,000 after acquiring an additional 80,000 shares in the last quarter. Institutional investors own 96.07% of the company's stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on BASE shares. Wells Fargo & Company lowered shares of Couchbase from a "strong-buy" rating to a "hold" rating and raised their price objective for the company from $20.00 to $24.50 in a research report on Friday, June 20th. Truist Financial reaffirmed a "hold" rating and set a $24.50 price objective (up previously from $21.00) on shares of Couchbase in a research report on Monday, June 23rd. Morgan Stanley lifted their price target on shares of Couchbase from $18.00 to $19.00 and gave the company an "equal weight" rating in a research report on Wednesday, June 4th. Needham & Company LLC lowered shares of Couchbase from a "moderate buy" rating to a "hold" rating and set a $22.00 price target on the stock. in a research report on Friday, June 20th. Finally, Baird R W lowered shares of Couchbase from a "strong-buy" rating to a "hold" rating in a research 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 data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $23.16.

Couchbase Stock Down 0.0%

Shares of NASDAQ:BASE traded down $0.0050 during trading on Wednesday, reaching $24.3350. The stock had a trading volume of 304,673 shares, compared to its average volume of 868,375. Couchbase, Inc. has a 52 week low of $12.78 and a 52 week high of $25.16. The firm has a market capitalization of $1.34 billion, a price-to-earnings ratio of -17.76 and a beta of 0.93. The stock has a fifty day simple moving average of $23.61 and a two-hundred day simple moving average of $19.20.

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

Insider Activity at Couchbase

In other news, SVP Huw Owen sold 15,873 shares of the firm's stock in a transaction on Wednesday, June 25th. The shares were sold at an average price of $24.28, for a total value of $385,396.44. Following the sale, the senior vice president owned 377,820 shares in the company, valued at approximately $9,173,469.60. This trade represents a 4.03% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO William Robert Carey sold 1,321 shares of the firm's stock in a transaction on Friday, June 20th. The stock was sold at an average price of $25.00, for a total transaction of $33,025.00. Following the completion of the sale, the chief financial officer owned 92,443 shares in the company, valued at approximately $2,311,075. The trade was a 1.41% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 134,084 shares of company stock worth $3,172,904. Insiders own 16.10% 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.