Coinbase Global Inc’s recent filing unveils that its Officer Brian Armstrong acquired Company’s shares for reported $2.03 million on Mar 24 ’25. In the deal valued at $203.04 per share,10,000 shares were bought.
Then, HAAS ALESIA J bought 9,316 shares, generating $1,863,200 in total proceeds.
Before that, Armstrong Brian sold 15,000 shares. Coinbase Global Inc shares valued at $2,808,395 were divested by the Chairman and CEO at a price of $187.23 per share. As a result of the transaction, Armstrong Brian now holds 526 shares, worth roughly $0.11 million.
A number of analysts have revised their coverage, including Bernstein’s analysts, who began to cover the stock in mid March with a ‘”an Outperform”‘ rating. Rosenblatt began covering COIN with “Buy” recommendation on March 07, 2025. Mizuho revised its rating on January 29, 2025. It rated COIN as “an Outperform” which previously was an “a Neutral”.
Price Performance Review of COIN
On Monday, Coinbase Global Inc [NASDAQ:COIN] saw its stock jump 6.94% to $203.04. Over the last five days, the stock has gained 7.45%. Coinbase Global Inc shares have fallen nearly -18.23% since the year began. Nevertheless, the stocks have fallen -20.96% 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 $245.09, while 200 days put it at $233.46.
Levels Of Support And Resistance For COIN Stock
The 24-hour chart illustrates a support level at 197.22, which if violated will result in even more drops to 191.40. On the upside, there is a resistance level at 206.05. A further resistance level may holdings at 209.07. The Relative Strength Index (RSI) on the 14-day chart is 45.69, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.11, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 47.36%. Stochastics %K at 34.24% indicates the stock is a holding.
How much short interest is there in Coinbase Global Inc?
A steep rise in short interest was recorded in Coinbase Global Inc stocks on 2025-02-28, growing by 2.72 million shares to a total of 9.84 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 7.13 million shares. There was a rise of 27.6%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on December 19, 2024 when Monness Crespi & Hardt resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $390.
