Coinbase's Chief Accounting Officer sold $170,122 worth of company stock
The transactions were part of a pre-arranged trading plan
Coinbase shares are down 41% over the past six months
The company reported a 20% revenue decline but still beat analyst expectations
📖 Full Retelling
Jennifer N. Jones, Chief Accounting Officer of Coinbase Global, Inc., sold 1,102 shares of Class A Common Stock on February 24, 2026, in a series of transactions totaling $170,122, as part of a pre-arranged trading plan adopted in December 2024. The transactions were executed at weighted average prices ranging from $153.3645 to $156.05 per share, with specific sales of 440 shares at an average price of $153.3645, 320 shares at $154.4075, 302 shares at $155.5938, and 40 shares at $156.05. Following these sales, Jones directly owns 0 shares of Coinbase Global, Inc. The stock currently trades at $181.06, down approximately 41% over the past six months amid broader market volatility. Coinbase recently reported a 20% decline in fourth-quarter revenue to $1.8 billion, which still surpassed analyst expectations, while posting a net loss of $667 million attributed to unrealized losses from cryptocurrency holdings and investments. Despite these challenges, the company has expanded its services by launching stock trading for all U.S. users and forming a partnership with Yahoo Finance to facilitate direct cryptocurrency trading access. However, analysts remain cautious, with Monness, Crespi, Hardt maintaining a Sell rating and a $120 price target, while Compass Point lowered its price target to $140, citing concerns over stablecoins and declining trading volumes.
Digital currency not reliant on a central authority
A cryptocurrency (colloquially crypto) is a digital currency designed to work through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it. However, a type of cryptocurrency called a stablecoin may rely upon government action or legi...
Jennifer Jones (born Phylis Lee Isley; March 2, 1919 – December 17, 2009), also known as Jennifer Jones Simon, was an American actress and mental-health advocate. Over the course of her career that spanned more than five decades, she was nominated for an Academy Award five times, including one win f...
try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Netflix declines to match Paramount Skydance bid for Warner Bros This is where Deutsche Bank sees silver prices ending the year Dorsey’s Block slashes workforce 40% to embrace AI-native future, shares gain Nvidia CEO Huang said SaaSpocalypse narrative wrong, sees ’deep misunderstanding’ (South Africa Philippines Nigeria) Coinbase: chief accounting officer Jones sells $170k in stock By Investing.com Insider Trading Published 02/26/2026, 11:04 PM Coinbase: chief accounting officer Jones sells $170k in stock 0 COIN -1.57% Jennifer N. Jones, Chief Accounting Officer of Coinbase Global, Inc. (NASDAQ:COIN) , sold 1,102 shares of Class A Common Stock on February 24, 2026, in a series of transactions, for a total value of $170,122. The sales were executed at weighted average prices ranging from $153.3645 to $156.05 per share. Specifically, 440 shares were sold at an average price of $153.3645, 320 shares at $154.4075, 302 shares at $155.5938 and 40 shares at $156.05. The transactions come as Coinbase shares trade at $181.06, down roughly 41% over the past six months amid broader market volatility. Following these transactions, Jones directly owns 0 shares of Coinbase Global , Inc. The stock currently trades at a P/E ratio of 40.6, and InvestingPro data indicates the company appears overvalued relative to its Fair Value. Investors can access comprehensive analysis including 12 additional ProTips and detailed financial health scores for COIN on the platform. The transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted on December 3, 2024. In other recent news, Coinbase reported a 20% decline in fourth-quarter revenue, totaling $1.8 billion, which still surpassed analyst expectations. The company posted a net loss of $667 million, attributed to an unrealized loss from marking down the value of its cryptocurrency holdings and investments. In a significant development, Coinbase launched stock tradi...
