Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Coinbase Global Inc shares valued at $7,622,659 were sold by Ehrsam Frederick Ernest III on May 13 ’25. At $252.68 per share, Ehrsam Frederick Ernest III sold 30,167 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.
Also, Ehrsam Frederick Ernest III sold 15,517 shares, netting a total of over 4,049,640 in proceeds. Following the sale of shares at $260.98 each, the insider now holds 0 shares.
Before that, Grewal Paul had sold 1,952 shares from its account. In a trade valued at $488,008, the Chief Legal Officer traded Coinbase Global Inc shares for $250.00 each. Upon closing the transaction, the insider’s holdings decreased to 1,952 shares, worth approximately $19.99 million.
As published in a research note from Monness Crespi & Hardt on May 13, 2025, Coinbase Global Inc [COIN] has been rated up from a Neutral to a Buy and the price target has been revised to $300. Analysts at Compass Point upgraded the stock from ‘”a Sell”‘ to ‘”a Neutral”‘ outlook in a report released in mid May. As of May 06, 2025, Monness Crespi & Hardt has decreased its “Buy” rating to a “Neutral” for COIN. Earlier on April 28, 2025, Compass Point downgraded its rating. Their new recommendation was “a Sell” for COIN stock which previously was a “a Buy”.
Analyzing COIN Stock Performance
During the last five days, there has been a surge of approximately 18.37%. Over the course of the year, Coinbase Global Inc shares have dropped approximately -1.55%. Shares of the company reached a 52-week high of $310.61 on 01/24/25 and a 52-week low of $142.58 on 04/07/25. A 50-day SMA is recorded $192.29, while a 200-day SMA reached $225.32.
Support And Resistance Levels for Coinbase Global Inc (COIN)
According to the 24-hour chart, there is a support level at 237.01, which, if violated, would cause prices to drop to 229.58. In the upper region, resistance lies at 254.86. The next price resistance is at 265.28. RSI (Relative Strength Index) is 65.09 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 41.26, which suggests the price will increase in the coming days. Percent R is at 28.18%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
