01-10-2023, 12:11 PM
Coinbase keeps selling their own stock
<!-- SC_OFF --><div class="md"><p>There is a pretty good site which you can see when people inside companies sell their own stock is <a href="https://www.secform4.com/insider-trading/1679788.htm">https://www.secform4.com/insider-trading/1679788.htm</a></p> <p>I wanted to bring to your attention a potentially concerning development in the world of crypto. Coinbase CEO, Brian Armstrong, has been consistently selling his stock in the company since it went public in April 2021. According to the link above, Armstrong has sold over 1.5 million shares of Coinbase stock for a total of over $291 million.</p> <p>But he's not the only one selling. Other insiders at Coinbase, including the Chief Financial Officer and the Chief Legal Officer, have also been selling their stock. It's worth noting that Coinbase's stock price has fluctuated significantly since it went public, with it reaching an all-time high of over $600 in May 2021 and then falling to around $200 in December of that same year. It's currently hovering around the $38 mark.</p> <p>This insider selling raises some questions about the confidence of Coinbase's leadership in the future of the company and the crypto industry as a whole. It's always important to be aware of insider activity and to do your own research before making any investment decisions.</p> <p>What do you guys think about this? Do you think the insider selling at Coinbase is a red flag for the future of crypto or is it just a normal part of being a public company?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/crua9"> /u/crua9 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/107rdlz/coinbase_keeps_selling_their_own_stock/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/107rdlz/coinbase_keeps_selling_their_own_stock/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>There is a pretty good site which you can see when people inside companies sell their own stock is <a href="https://www.secform4.com/insider-trading/1679788.htm">https://www.secform4.com/insider-trading/1679788.htm</a></p> <p>I wanted to bring to your attention a potentially concerning development in the world of crypto. Coinbase CEO, Brian Armstrong, has been consistently selling his stock in the company since it went public in April 2021. According to the link above, Armstrong has sold over 1.5 million shares of Coinbase stock for a total of over $291 million.</p> <p>But he's not the only one selling. Other insiders at Coinbase, including the Chief Financial Officer and the Chief Legal Officer, have also been selling their stock. It's worth noting that Coinbase's stock price has fluctuated significantly since it went public, with it reaching an all-time high of over $600 in May 2021 and then falling to around $200 in December of that same year. It's currently hovering around the $38 mark.</p> <p>This insider selling raises some questions about the confidence of Coinbase's leadership in the future of the company and the crypto industry as a whole. It's always important to be aware of insider activity and to do your own research before making any investment decisions.</p> <p>What do you guys think about this? Do you think the insider selling at Coinbase is a red flag for the future of crypto or is it just a normal part of being a public company?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/crua9"> /u/crua9 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/107rdlz/coinbase_keeps_selling_their_own_stock/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/107rdlz/coinbase_keeps_selling_their_own_stock/">[comments]</a></span>