Coinbase Global Inc’s recent filing unveils that its Director Fred Ehrsam acquired Company’s shares for reported $3.02 million on Feb 18 ’25. In the deal valued at $264.63 per share,11,421 shares were bought.
Then, Ehrsam Frederick Ernest III sold 7,614 shares, generating $2,246,908 in total proceeds. Upon selling the shares at $295.10, the Director now owns 0 shares.
Before that, HAAS ALESIA J bought 7,241 shares. Coinbase Global Inc shares valued at $2,018,791 were divested by the Officer at a price of $278.80 per share.
Mizuho upgraded its Coinbase Global Inc [COIN] rating to an Outperform from a a Neutral in a research note published on January 29, 2025; the price target was increased to $290 from $250. A number of analysts have revised their coverage, including Monness Crespi & Hardt’s analysts, who remained covering the stock and in mid December has reiterated a ‘”a Buy”‘ rating for it. Oppenheimer also remained covering COIN and reiterated its “an Outperform” recommendation on November 25, 2024. Monness Crespi & Hardt started covering the stock on October 28, 2024. It rated COIN as “a Buy”.
Price Performance Review of COIN
On Tuesday, Coinbase Global Inc [NASDAQ:COIN] saw its stock fall -3.53% to $264.63. Over the last five days, the stock has lost -5.56%. Coinbase Global Inc shares have risen nearly 6.58% since the year began. Nevertheless, the stocks have risen 65.00% over the past one year. While a 52-week high of $349.75 was reached on 01/24/25, a 52-week low of $146.12 was recorded on 01/13/25. SMA at 50 days reached $284.51, while 200 days put it at $235.19.
Levels Of Support And Resistance For COIN Stock
The 24-hour chart illustrates a support level at 257.03, which if violated will result in even more drops to 249.42. On the upside, there is a resistance level at 275.71. A further resistance level may holdings at 286.78. The Relative Strength Index (RSI) on the 14-day chart is 44.34, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.52, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.92%. Stochastics %K at 20.01% indicates the stock is a holding.
The most recent change occurred on October 23, 2024 when B. Riley Securities began covering the stock and recommended ‘”a Neutral”‘ rating along with a $185 price target.
