Coinbase Global Inc (NASDAQ: COIN) is -16.54% lower on its value in year-to-date trading and has touched a low of $142.58 and a high of $349.75 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The COIN stock was last observed hovering at around $199.32 in the last trading session, with the day’s gains setting it 7.9%.
Currently trading at $207.22, the stock is 6.29% and 9.17% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 13.0 million and changing 3.96% at the moment leaves the stock -7.92% off its SMA200. COIN registered -1.88% loss for a year compared to 6-month loss of -18.52%.
The stock witnessed a 22.17% gain in the last 1 month and extending the period to 3 months gives it a -26.05%, and is 3.92% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.33% over the week and 4.49% over the month.
Coinbase Global Inc (COIN) has around 3772 employees, a market worth around $50.77B and $6.91B in sales. Current P/E ratio is 38.83 and Fwd P/E is 26.36. Profit margin for the company is 21.23%. Distance from 52-week low is 45.34% and -40.75% from its 52-week high. The company has generated returns on investments over the last 12 months (9.92%).
The EPS is expected to shrink by -35.81% this year.
Coinbase Global Inc (COIN) Top Institutional Holders
The shares outstanding are 210.96M, and float is at 200.99M with Short Float at 4.92%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 17.66 million shares valued at $3.92 billion. The investor’s holdings represent 7.169% of the COIN Shares outstanding. As of 2024-06-30, the second largest holder is FMR LLC with 11.03 million shares valued at $2.45 billion to account for 4.4795 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 10.98 million shares representing 4.4589% and valued at over $2.44 billion, while SUSQUEHANNA INTERNATIONAL GROUP, LLP holds 2.2214 of the shares totaling 5.47 million with a market value of $1.22 billion.
Coinbase Global Inc (COIN) Insider Activity
The most recent transaction is an insider sale by Armstrong Brian, the company’s CHAIRMAN AND CEO. SEC filings show that Armstrong Brian sold 25,000 shares of the company’s common stock on May 05 ’25 at a price of $200.54 per share for a total of $5.01 million. Following the sale, the insider now owns 526.0 shares.
Still, SEC filings show that on Apr 23 ’25, Grewal Paul (Chief Legal Officer) disposed off 10,000 shares at an average price of $198.12 for $1.98 million. The insider now directly holds 83,313 shares of Coinbase Global Inc (COIN).
