Couchbase CEO Cain sells $300k in shares

Published 17/07/2025, 21:50
Couchbase CEO Cain sells $300k in shares

Couchbase , Inc. (NASDAQ:BASE) Chair, President, and CEO Matthew M. Cain, sold 12,357 shares of common stock on July 15, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The company, currently valued at $1.33 billion, has seen its stock surge nearly 48% over the past six months, trading near its 52-week high of $25.16. The shares were sold at a weighted average price of $24.3034, for a total transaction value of $300,317.

The prices for the shares sold ranged from $24.2800 to $24.3800. The sale was executed under a Rule 10b5-1 trading plan adopted on October 3, 2024. Following the transaction, Cain directly owns 870,848 shares of Couchbase, Inc.

In other recent news, Couchbase Inc. has entered into a definitive agreement to be acquired by Haveli Investments in an all-cash transaction valued at approximately $1.5 billion, offering stockholders $24.50 per share. This acquisition represents a 67% premium to Couchbase’s stock price as of March 27, 2025. Following the announcement, several analyst firms have adjusted their ratings for Couchbase. Baird downgraded the stock from Outperform to Neutral, raising the price target to $25.00 to reflect the acquisition price. Similarly, William Blair downgraded Couchbase from Outperform to Market Perform, and Rosenblatt Securities moved its rating from Buy to Neutral, aligning its price target with the acquisition offer. Meanwhile, UBS analysts raised Couchbase’s stock price target to $20 following mixed first-quarter results, maintaining a Neutral rating. The company’s annual recurring revenue (ARR) grew by 21% in the first quarter, surpassing expectations, while overall revenue increased by 10%. The transaction with Haveli Investments is anticipated to close in the second half of 2025, subject to customary approvals.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.