Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Coinbase Global Inc shares valued at $2,662,350 were purchased by Brian Armstrong on Mar 13 ’25. At $177.49 per share, Brian Armstrong acquired 15,000 shares.
Also, Armstrong Brian sold 25,000 shares, netting a total of over 5,775,905 in proceeds. Following the sale of shares at $231.04 each, the insider now holds 526 shares.
Before that, Brock Lawrence J had sold 4,869 shares from its account. In a trade valued at $1,078,086, the Chief People Officer traded Coinbase Global Inc shares for $221.42 each. Upon closing the transaction, the insider’s holdings decreased to 4,869 shares, worth approximately $72238.43000000001.
As published in their initiating research note from Rosenblatt on March 07, 2025, Coinbase Global Inc [COIN] has been a Buy and the price target has been revised to $305. Analysts at Mizuho upgraded the stock from ‘”a Neutral”‘ to ‘”an Outperform”‘ outlook in a report released in late January. As of December 19, 2024, Monness Crespi & Hardt has reiterated its “Buy” rating for COIN. Earlier on November 25, 2024, Oppenheimer resumed its rating. Their recommendation was “an Outperform” for COIN stock.
Analyzing COIN Stock Performance
During the last five days, there has been a drop of approximately -17.13%. Over the course of the year, Coinbase Global Inc shares have dropped approximately -28.52%. Shares of the company reached a 52-week high of $310.61 on 01/24/25 and a 52-week low of $176.85 on 03/10/25. A 50-day SMA is recorded $255.44, while a 200-day SMA reached $235.10.
Support And Resistance Levels for Coinbase Global Inc (COIN)
According to the 24-hour chart, there is a support level at 173.45, which, if violated, would cause prices to drop to 169.41. In the upper region, resistance lies at 185.19. The next price resistance is at 192.89. RSI (Relative Strength Index) is 31.26 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -19.39, which suggests the price will decrease in the coming days. Percent R is at 98.99%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
