Margaret Chow, SVP & Chief Legal Officer of Couchbase Inc (BASE, Financial), executed a sale of 5,000 shares in the company on February 5, 2024, according to a recent SEC filing. The transaction was carried out at an average price of $27.5 per share, resulting in a total value of $137,500.
Couchbase Inc is a provider of a modern database for enterprise applications. The company's platform is designed to simplify the process of developing, deploying, and accessing applications across clouds and on-premises environments. Couchbase's technology is utilized by organizations seeking to leverage the power of big data, NoSQL, and mobile applications.
Over the past year, the insider has sold a total of 36,735 shares of Couchbase Inc and has not made any purchases of the stock. This latest transaction continues the trend observed over the past year, where there have been no insider buys and a total of 43 insider sells.
On the date of the insider's recent sale, shares of Couchbase Inc were trading at $27.5, giving the company a market capitalization of $1.311 billion.
The insider transaction history for Couchbase Inc indicates a pattern of consistent selling by insiders over the past year, which may be of interest to investors and analysts monitoring insider behavior as an indicator of company performance and sentiment.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
