Coastal Financial Corp (NASDAQ: CCB) is 123.04% higher on its value in year-to-date trading and has touched a low of $43.43 and a high of $102.64 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CCB stock was last observed hovering at around $102.62 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $102.62, the stock is 12.46% and 16.47% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.21 million and changing 0.00% at the moment leaves the stock 28.84% off its SMA200. CCB registered 20.86% gain for a year compared to 6-month gain of 19.35%.
The stock witnessed a 15.02% loss in the last 1 month and extending the period to 3 months gives it a 14.14%, and is 5.91% 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 4.64% over the week and 3.80% over the month.
Coastal Financial Corp (CCB) has around 488 employees, a market worth around $1.54B and $694.25M in sales. Current P/E ratio is 30.33 and Fwd P/E is 14.94. Profit margin for the company is 6.94%. Distance from 52-week low is 136.29% and -0.02% from its 52-week high. The company has generated returns on investments over the last 12 months (9.58%).
The EPS is expected to grow by 19.25% this year
The shares outstanding are 15.01M, and float is at 12.52M with Short Float at 5.60%.
The top institutional shareholder in the company is BLACKROCK INC. with over 1.07 million shares valued at $49.34 million. The investor’s holdings represent 7.9724 of the CCB Shares outstanding. As of 2024-06-30, the second largest holder is T. ROWE PRICE INVESTMENT MANAGEMENT, INC. with 0.9 million shares valued at $41.61 million to account for 6.7233 of the shares outstanding. The other top investors are ENDEAVOUR CAPITAL ADVISORS INC which holds 0.75 million shares representing 5.5968 and valued at over $34.64 million, while VANGUARD GROUP INC holds 4.2871 of the shares totaling 0.58 million with a market value of $26.53 million.
Coastal Financial Corp (CCB) Insider Activity
The most recent transaction is an insider sale by EDWARDS JOEL G, the company’s Chief Financial Officer. SEC filings show that EDWARDS JOEL G sold 3,128 shares of the company’s common stock on May 16 ’25 at a price of $88.44 per share for a total of $0.28 million. Following the sale, the insider now owns 41387.0 shares.
Still, SEC filings show that on Apr 14 ’25, Tisdel Gregory A (Director) disposed off 1,600 shares at an average price of $79.07 for $0.13 million. The insider now directly holds 14,006 shares of Coastal Financial Corp (CCB).
