Couchbase Inc. (BASE): $15.29
Market Cap: $784.49M
Enterprise Value: $632.20M
As the third quarter of 2024 comes to a close, we’ve entered the typical quiet period where we see a significant slowdown in insider activity. The few insider purchases that we do see during this quiet period often come from companies that don’t follow the typical earnings schedule and may have fiscal years that don’t align with the calendar year.
The NoSQL database company, Couchbase (BASE), fits that description exactly. Couchbase announced financial results from its second quarter of fiscal year 2025 (ended July 31, 2024) earlier this month, meaning its insiders could purchase shares freely. Thus, the small purchase of the company by Director Edward Anderson made it to our list of the top 5 insider purchases.