GMBStaff

 22 Nov 23

tl;dr

Coinbase Global chairman and CEO Brian Armstrong recently sold 4.6K class A common shares at a price range of $100.2-$105.6 per share on Nov. 20, pursuant to a Rule 10b5-1 trading plan. This sale is part of a pattern of insider trading activity, with a net sale of 42.5K shares in the past thr...

Coinbase Global chairman and CEO Brian Armstrong recently sold 4.6K class A common shares at a price range of $100.2-$105.6 per share on Nov. 20, pursuant to a Rule 10b5-1 trading plan.

This sale is part of a pattern of insider trading activity, with a net sale of 42.5K shares in the past three months, including one buy and 11 sales. Despite this activity, shares in the company were up by 0.09% in after market trade, indicating that investors may not be too concerned about the insider sales.

More about Coinbase Global Inc

Key financial metrics for Coinbase Global Inc include a market capitalization of $25.24 billion, a revenue of $2.63 billion, and a price-to-earnings ratio of 88.29. The stock performance shows a 3.27% increase, with a market sentiment of -3.2 indicating a slightly negative outlook.

Disclaimer:
This is not financial advice. Please do your own research before investing in any cryptocurrency.

Disclaimer

The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.
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