Director at $COIN sells a significant portion of shares, with other insiders and hedge funds selling as well.

From Nasdaq Corporation

January 22, 2025 04:45:59 pm:

  1. Frederick Ernest III Ehrsam, a director at $COIN, sold 18,445 shares of the company on 01-21-2025 for an estimated $5,504,921, approximately 73.2% of their shares. Following the sale, they now own 6,749 shares of $COIN stock.
  2. $COIN insiders have traded the stock 512 times in the past 6 months, with 0 purchases and 512 sales.
  3. Recent trading of $COIN stock by insiders in the last 6 months shows significant sales by top executives like Brian Armstrong and Emilie Choi.
  4. Hedge fund activity for $COIN reveals 417 institutional investors adding shares while 412 decreased their positions. Large moves include FMR LLC removing 4,286,319 shares and A16Z PERENNIAL MANAGEMENT, L.P. removing 1,862,462 shares from their portfolios in Q3 2024.
  5. This article on insider trading and hedge fund activity related to $COIN stock is not financial advice and was originally published on Quiver News.

Read more at Nasdaq: Insider Sale: Director at $COIN (COIN) Sells 18,445 Shares