Insider Sell: Matthew Cain Sells 38,097 Shares of Couchbase Inc (BASE)

Author's Avatar
Nov 22, 2024

On November 19, 2024, Matthew Cain, Chair, President, and CEO of Couchbase Inc (BASE, Financial), sold 38,097 shares of the company, according to a SEC Filing. Following this transaction, the insider now owns 698,388 shares of the company. Couchbase Inc (BASE) is a company that provides a modern database for enterprise applications. The company's platform offers a NoSQL cloud database that delivers high performance, scalability, and flexibility for mission-critical applications. 1859757545330208768.png Over the past year, Matthew Cain has sold a total of 189,269 shares and has not purchased any shares. The insider transaction history for Couchbase Inc shows that there have been 1 insider buy and 50 insider sells over the same timeframe. 1859757596651712512.png As of the day of the recent sale, shares of Couchbase Inc were trading at $20.07, giving the stock a market cap of $1.078 billion. The stock's GF Value is estimated at $18.11, resulting in a price-to-GF-Value ratio of 1.11, indicating that the stock is modestly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also considers a GuruFocus adjustment factor based on the company’s past returns and growth, as well as future estimates of business performance from Morningstar analysts.

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.