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Margaret Chow, Senior Vice President and Chief Legal Officer at Couchbase , Inc. (NASDAQ:BASE), a company currently valued at $916 million with impressive gross profit margins of 88%, has sold 10,082 shares of the company’s common stock. The shares were sold at a weighted average price of $17.4844, amounting to a total transaction value of approximately $176,277. The sale occurred on March 3, 2025, as part of a pre-established Rule 10b5-1 trading plan. Following this transaction, Chow holds 225,195 shares directly. The shares were sold in multiple transactions with prices ranging from $17.06 to $17.81. According to InvestingPro analysis, the stock is currently trading near its Fair Value, with strong liquidity metrics showing that the company’s liquid assets exceed short-term obligations. Get access to 7 more exclusive InvestingPro Tips and a comprehensive Pro Research Report for deeper insights into BASE’s financial health and future prospects.
In other recent news, Couchbase reported a fourth-quarter revenue of $54.9 million, surpassing analyst expectations of $53.25 million, although the company posted an adjusted loss per share of -$0.30, wider than the anticipated -$0.08. The annual recurring revenue (ARR) reached $237.9 million, marking a 17% year-over-year increase, with a record Net New ARR (NNARR) of $19.5 million, reflecting a 26% growth. Couchbase’s fiscal year 2025 revenue grew by 16% to $209.5 million. Despite the positive ARR outcomes, the company’s full-year revenue guidance for fiscal 2026 was set between $228-232 million, slightly below the $236.7 million analyst consensus.
In terms of stock evaluations, DA Davidson maintained a Buy rating with a $25 target, expressing confidence in Couchbase’s financial outlook despite revenue guidance variances. Guggenheim also retained a Buy rating but lowered its price target to $26 from $30, citing the company’s strategic importance in AI-powered applications. Conversely, Goldman Sachs maintained a Sell rating, reducing the price target to $16 from $18, while acknowledging strong execution in the fourth quarter but expressing concerns over growth rates.
Additionally, Couchbase announced the release of Couchbase Edge Server, designed to enhance performance in edge computing environments. This product aims to address connectivity and resource constraints, providing real-time data synchronization and multi-layered security controls. In company news, CFO Greg Henry will be departing, with Bill Carey stepping in as interim CFO during the search for a successor.
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