Coinbase Global Inc’s recent filing unveils that its Chief Accounting Officer Jones Jennifer N. unloaded Company’s shares for reported $0.23 million on Feb 20 ’25. In the deal valued at $260.66 per share,869 shares were sold. As a result of this transaction, Jones Jennifer N. now holds 4,572 shares worth roughly $1.04 million.
Then, Ehrsam Frederick Ernest III sold 11,421 shares, generating $3,167,084 in total proceeds. Upon selling the shares at $277.30, the Director now owns 0 shares.
Before that, HAAS ALESIA J sold 5,500 shares. Coinbase Global Inc shares valued at $1,533,400 were divested by the Chief Financial Officer at a price of $278.80 per share. As a result of the transaction, HAAS ALESIA J now holds 118,970 shares, worth roughly $27.01 million.
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 Friday, Coinbase Global Inc [NASDAQ:COIN] saw its stock fall -3.53% to $227.07. Over the last five days, the stock has lost -17.22%. Coinbase Global Inc shares have fallen nearly -8.55% since the year began. Nevertheless, the stocks have risen 39.81% 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 02/24/25. SMA at 50 days reached $277.95, while 200 days put it at $235.63.
Levels Of Support And Resistance For COIN Stock
The 24-hour chart illustrates a support level at 220.37, which if violated will result in even more drops to 213.66. On the upside, there is a resistance level at 237.01. A further resistance level may holdings at 246.94. The Relative Strength Index (RSI) on the 14-day chart is 33.39, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -27.26, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.60%. Stochastics %K at 5.59% indicates the stock is a buying.
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.
