Have Couchbase, Inc. (NASDAQ:BASE) Insiders Been Selling Their Stock?

We'd be surprised if Couchbase, Inc. (NASDAQ:BASE) shareholders haven't noticed that an insider, Huw Owen, recently sold US$162k worth of stock at US$13.59 per share. The eyebrow raising move amounted to a reduction of 10% in their holding.

View our latest analysis for Couchbase

The Last 12 Months Of Insider Transactions At Couchbase

In fact, the recent sale by Huw Owen was the biggest sale of Couchbase shares made by an insider individual in the last twelve months, according to our records. So we know that an insider sold shares at around the present share price of US$13.59. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive).

Insiders in Couchbase didn't buy any shares in the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.

Insider Ownership Of Couchbase

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Our data indicates that Couchbase insiders own about US$9.7m worth of shares (which is 1.6% of the company). Whilst better than nothing, we're not overly impressed by these holdings.

So What Does This Data Suggest About Couchbase Insiders?

Insiders haven't bought Couchbase stock in the last three months, but there was some selling. And there weren't any purchases to give us comfort, over the last year. Insiders own relatively few shares in the company, and when you consider the sales, we're not particularly excited about the stock. So we'd only buy after very careful consideration. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. While conducting our analysis, we found that Couchbase has 3 warning signs and it would be unwise to ignore these.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.