tl;dr
COIN has seen a significant insider sell-off, with the 10% owner Frederick Ehrsam disposing of $9M worth of stock in the company, selling 81,530 shares at prices ranging from $104.45 to $109.87. This represents a substantial divestment of indirect holdings, with the trust now owning 1.5M shares, whi...
COIN has seen a significant insider sell-off, with the 10% owner Frederick Ehrsam disposing of $9M worth of stock in the company, selling 81,530 shares at prices ranging from $104.45 to $109.87. This represents a substantial divestment of indirect holdings, with the trust now owning 1.5M shares, while Ehrsam continues to hold 4,662 direct shares. Additionally, over the last 3 months, there have been 15 sell transactions totaling 189,797 shares and 2 open market buys totaling 23,125 shares, indicating a mixed sentiment within the company.
More about Coinbase Global Inc
Key financial metrics for Coinbase Global Inc include a market capitalization of $28,654,492,000, and a trading volume of 2,627,473,000. The stock performance shows a 3.27% increase and a price-to-earnings ratio of 88.29. The company operates in the finance services sector and provides financial infrastructure and technology for the crypto economy. The market sentiment appears to be slightly bearish, with a negative change of -3.2% and a decrease in the price-to-earnings ratio by 0.28. It is important to note that the crypto market is highly volatile and subject to regulatory uncertainty, which poses potential risks for the company's future performance.
Disclaimer:
This is not financial advice. Please do your own research before investing in any asset.