Main Street Financial Solutions reduced stake in Coinbase, CEO Brian Armstrong sold shares, and insiders sold shares totaling $23M last quarter.

Main Street Financial Solutions LLC reduced its stake in Coinbase Global, Inc. by 5.3%, now holding 2,431 shares worth $540,000. CEO Brian Armstrong sold 23,075 shares for over $4 million, while insiders sold a total of 110,062 shares valued at nearly $23 million last quarter. Analysts gave mixed ratings, with a consensus of "Hold" and a price target averaging $246.06. Coinbase's market cap is $40.51 billion, with a PE ratio of 32.54.

September 14, 2024
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