In Friday’s Wall Street session, Coinbase Global Inc (NASDAQ:COIN) shares traded at $160.55, down -5.98% from the previous session.
COIN stock price is now -29.42% away from the 50-day moving average and -30.31% away from the 200-day moving average. The market capitalization of the company currently stands at $40.76B.
On March 18, 2025, Bernstein recently initiated its ‘Outperform’ rating on the stock quoting a target price of $310, while ‘Rosenblatt’ rates the stock as ‘Buy’
In other news, Brian Armstrong, Officer bought 15,000 shares of the company’s stock on Apr 03 ’25. The stock was bought for $2,561,400 at an average price of $170.76. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 24 ’25, Chief Financial Officer HAAS ALESIA J sold 7,575 shares of the business’s stock. A total of $1,515,000 was realized by selling the stock at an average price of $200.00. This leaves the insider owning 114,866 shares of the company worth $18.44 million. A total of 21.23% of the company’s stock is owned by insiders.
During the past 12 months, Coinbase Global Inc has had a low of $146.12 and a high of $349.75. The fifty day moving average price for COIN is $227.4584 and a two-hundred day moving average price translates $230.37254 for the stock.
The latest earnings results from Coinbase Global Inc (NASDAQ: COIN) was released for 2024-12-31. The net profit margin was 35.66% and return on equity was 31.13% for COIN. The company reported revenue of $2.27 billion for the quarter, compared to $953.79 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 138.17 percent.
