Coinbase Global Inc’s recent filing unveils that its Chairman and CEO Armstrong Brian unloaded Company’s shares for reported $2.68 million on Apr 14 ’25. In the deal valued at $178.79 per share,15,000 shares were sold. As a result of this transaction, Armstrong Brian now holds 526 shares worth roughly $99940.0.
Then, Brian Armstrong bought 15,000 shares, generating $2,648,700 in total proceeds.
Before that, Armstrong Brian sold 15,000 shares. Coinbase Global Inc shares valued at $2,527,965 were divested by the Chairman and CEO at a price of $168.53 per share. As a result of the transaction, Armstrong Brian now holds 526 shares, worth roughly $99940.0.
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 Tuesday, Coinbase Global Inc [NASDAQ:COIN] saw its stock jump 8.57% to $190.00. Over the last five days, the stock has gained 7.60%. Coinbase Global Inc shares have fallen nearly -23.48% since the year began. Nevertheless, the stocks have fallen -12.88% 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 $202.84, while 200 days put it at $227.46.
Levels Of Support And Resistance For COIN Stock
The 24-hour chart illustrates a support level at 181.10, which if violated will result in even more drops to 172.21. On the upside, there is a resistance level at 196.19. A further resistance level may holdings at 202.39. The Relative Strength Index (RSI) on the 14-day chart is 53.43, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 7.89, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 6.86%. Stochastics %K at 83.12% indicates the stock is a selling.
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.
