Belvedere Trading Reduces $202K in Coinbase Global, Inc. ($COIN)
Key Points
- Belvedere Trading changed its Coinbase Global, Inc. ($COIN) stake by 15.9% last quarter, cutting to 6,675 shares worth $1.07 million.
- Wall Street's consensus rating on $COIN is Buy and an average price target of $229.74.
- $COIN last traded around $159.73.
Belvedere Trading reduced its position in Coinbase Global, Inc. ($COIN) by 15.9% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,675 shares of Coinbase Global, Inc. after selling 1,262 shares during the quarter. Belvedere Trading's holdings in Coinbase Global, Inc. were worth $1.07 million as of its most recent filing.
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About Coinbase Global, Inc.
Coinbase Global, Inc. operates platform for crypto assets in the United States and internationally. It provides the primary financial account in the crypto economy for consumers; a brokerage platform with a pool of liquidity across the crypto marketplace for institutions; and a suite of products granting access to build onchain for developers. The company was founded in 2012 and is based in New York, New York.
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