Insider Sale: Director Lynn Christensen Sells Shares of Couchbase Inc (BASE)

On May 29, 2024, Lynn Christensen, Director at Couchbase Inc (BASE, Financial), executed a sale of 9,874 shares of the company. The transaction was filed on the same day through an SEC Filing. Following this transaction, the insider now directly owns 7,723 shares in the company.

Couchbase Inc (BASE, Financial) is a company that specializes in providing a modern database for enterprise applications. Its platform is designed to run across the cloud and on-premises environments, offering capabilities such as full-text search, real-time analytics, and multi-model database functionalities.

Over the past year, Lynn Christensen has sold a total of 24,406 shares and has not made any purchases of the company's stock. The insider transaction history for Couchbase Inc (BASE, Financial) indicates a trend with 0 insider buys and 46 insider sells over the same timeframe.

Shares of Couchbase Inc (BASE, Financial) were trading at $25.76 on the day of the transaction. The company has a market cap of $1.138 billion. According to the GF Value, the intrinsic value estimate for the stock is $17.53, which suggests that the stock is Modestly Overvalued with a price-to-GF-Value ratio of 1.47.

The GF Value is calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on the company’s past returns and growth, and future business performance estimates from Morningstar analysts.

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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.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.