Ehrsam Frederick Ernest III, an insider at Coinbase Global Inc (COIN), sold 23,171 shares of the company's stock on November 9, 2025, at a price of $321.37 per share. The total transaction value reached $7.45 million. Following this sale, Ehrsam retains 23,171 shares of Coinbase.
Coinbase, which operates in the financial services industry, provides a platform for users to engage with crypto assets and offers critical infrastructure for the onchain economy. The company went public on April 14, 2021, and currently holds a market capitalization of $76.3 billion. Its trailing twelve-month price-to-earnings ratio stands at 23.72, with earnings per share at 11.51.
Upcoming earnings reports are scheduled for May 5, 2026, with an estimated EPS of $1.45 and revenue of $2.0 billion, and July 28, 2026, with an estimated EPS of $1.66 and revenue of $2.0 billion.
Insider transactions like this one provide transparency into how executives view their stock, although they should not drive investment decisions alone. Various factors, including diversification and personal financial needs, may influence such selling activity. Investors are encouraged to assess patterns of insider trading across multiple insiders and time periods for a more comprehensive perspective.