Coinbase Global Inc’s recent filing unveils that its Chairman and CEO Armstrong Brian unloaded Company’s shares for reported $5.78 million on Mar 03 ’25. In the deal valued at $231.04 per share,25,000 shares were sold. As a result of this transaction, Armstrong Brian now holds 526 shares worth roughly $94274.98.
Then, Brock Lawrence J sold 4,869 shares, generating $1,078,086 in total proceeds. Upon selling the shares at $221.42, the Chief People Officer now owns 407 shares.
Before that, Grewal Paul sold 10,000 shares. Coinbase Global Inc shares valued at $2,185,461 were divested by the Chief Legal Officer at a price of $218.55 per share. As a result of the transaction, Grewal Paul now holds 83,313 shares, worth roughly $14.93 million.
Rosenblatt initiated its Coinbase Global Inc [COIN] rating to a Buy in a research note published on March 07, 2025; the price target was $305. A number of analysts have revised their coverage, including Mizuho’s analysts, who increased its forecast for the stock in late January from “a Neutral” to “an Outperform”. Monness Crespi & Hardt also remained covering COIN and reiterated its “Buy” recommendation on December 19, 2024. Oppenheimer maintained its rating on November 25, 2024. It rated COIN as “an Outperform”.
Price Performance Review of COIN
On Monday, Coinbase Global Inc [NASDAQ:COIN] saw its stock fall -17.58% to $179.23. Over the last five days, the stock has lost -12.89%. Coinbase Global Inc shares have fallen nearly -27.82% since the year began. Nevertheless, the stocks have fallen -24.87% 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 03/10/25. SMA at 50 days reached $260.62, while 200 days put it at $235.68.
Levels Of Support And Resistance For COIN Stock
The 24-hour chart illustrates a support level at 168.44, which if violated will result in even more drops to 157.65. On the upside, there is a resistance level at 198.43. A further resistance level may holdings at 217.63. The Relative Strength Index (RSI) on the 14-day chart is 28.80, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -16.29, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.38%. Stochastics %K at 17.44% indicates the stock is a buying.
The most recent change occurred on October 28, 2024 when Monness Crespi & Hardt began covering the stock and recommended ‘”a Buy”‘ rating along with a $245 price target.
