This Couchbase Insider Increased Their Holding By 67% Last Year

Viewing insider transactions for Couchbase, Inc.'s (NASDAQ:BASE ) over the last year, we see that insiders were net buyers. This means that a larger number of shares were purchased by insiders in relation to shares sold.

Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares.

See our latest analysis for Couchbase

Couchbase Insider Transactions Over The Last Year

In the last twelve months, the biggest single purchase by an insider was when insider Edward Anderson bought US$298k worth of shares at a price of US$14.16 per share. We do like to see buying, but this purchase was made at well below the current price of US$17.00. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

Couchbase is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying.

Does Couchbase Boast High Insider Ownership?

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 2.8% of Couchbase shares, worth about US$24m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Do The Couchbase Insider Transactions Indicate?

It doesn't really mean much that no insider has traded Couchbase shares in the last quarter. However, our analysis of transactions over the last year is heartening. Overall we don't see anything to make us think Couchbase insiders are doubting the company, and they do own shares. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. For example - Couchbase has 1 warning sign we think you should be aware of.

But note: Couchbase may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE 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 of direct interests only, but not derivative transactions or indirect interests.

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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.