The price of Coinbase Global Inc (NASDAQ:COIN) shares last traded on Wall Street rose 23.97% to $256.90.
COIN stock price is now 34.62% away from the 50-day moving average and 14.09% away from the 200-day moving average. The market capitalization of the company currently stands at $65.43B.
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With the price target maintained at $300, Monness Crespi & Hardt recently Upgraded its rating from Neutral to Buy for Coinbase Global Inc (NASDAQ: COIN). On May 12, 2025, Compass Point Upgraded its previous ‘Sell’ rating to ‘Neutral’ on the stock keeping its target price maintained at $195, while ‘Monness Crespi & Hardt’ rates the stock as ‘Neutral’
In other news, Fred Ehrsam, Director bought 30,167 shares of the company’s stock on May 13 ’25. The stock was bought for $7,749,902 at an average price of $256.90. An SEC document containing details of the transaction can be found on the SEC’s website. On May 05 ’25, CHAIRMAN AND CEO Armstrong Brian sold 25,000 shares of the business’s stock. A total of $5,013,506 was realized by selling the stock at an average price of $200.54. This leaves the insider owning 526 shares of the company worth $0.14 million. A total of 21.02% of the company’s stock is owned by insiders.
During the past 12 months, Coinbase Global Inc has had a low of $142.58 and a high of $349.75.
The net profit margin was 21.23% and return on equity was 15.83% for COIN. The company reported revenue of $2.03 billion for the quarter, compared to $1.64 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 24.23 percent. For the current quarter, analysts expect COIN to generate $1.62B in revenue.
