Coinbase Global Inc’s recently made public that its Officer Brian Armstrong acquired Company’s shares for reported $2.65 million on Apr 14 ’25. In the deal valued at $176.58 per share,15,000 shares were bought.
Then, Armstrong Brian sold 15,000 shares, generating $2,527,965 in total proceeds. Upon selling the shares at $168.53, the Chairman and CEO now owns 526 shares.
Before that, Brian Armstrong bought 15,000 shares. Coinbase Global Inc shares valued at $2,561,400 were divested by the Officer at a price of $170.76 per share.
Cantor Fitzgerald initiated its Coinbase Global Inc [COIN] rating to an Overweight in a research note published on April 08, 2025; the price target was $245. Bernstein began covering COIN with “an Outperform” recommendation on March 18, 2025. Rosenblatt started covering the stock on March 07, 2025. It rated COIN as “a Buy”.
Price Performance Review of COIN
On Monday, Coinbase Global Inc [NASDAQ:COIN] saw its stock jump 0.62% to $176.58. Over the last five days, the stock has gained 12.27%. Coinbase Global Inc shares have fallen nearly -28.88% since the year began. Nevertheless, the stocks have fallen -32.86% over the past one year. While a 52-week high of $349.75 was reached on 01/24/25, a 52-week low of $142.58 was recorded on 04/07/25. SMA at 50 days reached $212.78, while 200 days put it at $228.68.
Levels Of Support And Resistance For COIN Stock
The 24-hour chart illustrates a support level at 171.59, which if violated will result in even more drops to 166.61. On the upside, there is a resistance level at 181.98. A further resistance level may holdings at 187.38. The Relative Strength Index (RSI) on the 14-day chart is 45.43, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.68, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 46.39%. Stochastics %K at 48.93% 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 2025-03-31, dropping by -0.42 million shares to a total of 9.42 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 9.84 million shares. There was a decline of -4.49%, which implies that there is a negative sentiment for the stock.
