In a filing, Coinbase Global Inc revealed its Officer Brian Armstrong acquired Company’s shares for reported $5.14 million on Mar 03 ’25. In the deal valued at $205.75 per share,25,000 shares were bought.
Then, LAWRENCE J BROCK & JENNIFER M bought 4,869 shares, generating $1,049,854 in total proceeds.
Before that, Grewal Paul sold 10,978 shares. Coinbase Global Inc shares valued at $2,326,550 were divested by the Chief Legal Officer at a price of $211.93 per share. As a result of the transaction, Grewal Paul now holds 83,313 shares, worth roughly $17.14 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 Monday, Coinbase Global Inc [NASDAQ:COIN] saw its stock fall -4.58% to $205.75. Over the last five days, the stock has lost -9.39%. Coinbase Global Inc shares have fallen nearly -17.14% since the year began. Nevertheless, the stocks have risen 2.47% 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 02/28/25. SMA at 50 days reached $267.95, while 200 days put it at $235.73.
Levels Of Support And Resistance For COIN Stock
The 24-hour chart illustrates a support level at 194.99, which if violated will result in even more drops to 184.24. On the upside, there is a resistance level at 224.95. A further resistance level may holdings at 244.16. The Relative Strength Index (RSI) on the 14-day chart is 30.67, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -33.78, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.41%. Stochastics %K at 7.42% 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.
