Summit Trail Advisors LLC lessened its position in shares of Coinbase Global, Inc. (NASDAQ: COIN) by 7.0% during the 3rd quarter, according to the company in its most recent disclosure with the SEC.
Summit Trail Advisors LLC decreased its stake in Coinbase Global, Inc. (NASDAQ:COIN) shares by 7.0% during Q3, the company disclosed in its most recent SEC filing. The firm owned 65,519 shares of the cryptocurrency exchange's stock after selling 4,931 shares during the quarter. Summit Trail Advisors LLC's holdings in Coinbase Global were valued at $11,674,000 at the end of the most recent reporting period.
Elsewhere in the market, Renaissance Technologies LLC increased its stake in Coinbase Global by 185.9% in the 2nd quarter. Renaissance Technologies LLC now owns 1,063,117 shares of the cryptocurrency exchange's stock valued at $236,258,000 after purchasing an additional 691,288 shares in the last quarter. American Century Companies Inc. grew its holdings in Coinbase Global by 1,136.7% in the second quarter. American Century Companies Inc. now owns 474,234 shares of the cryptocurrency exchange's stock valued at $105,389,000 after purchasing an additional 435,886 shares during the period. APEIRON CAPITAL Ltd purchased a new stake in shares of Coinbase Global in the first quarter valued at approximately $108,434,000. CloudAlpha Capital Management Limited Hong Kong acquired a new position in shares of Coinbase Global during the 3rd quarter worth approximately $29,756,000. Finally, International Assets Investment Management LLC purchased a new position in shares of Coinbase Global during the 3rd quarter valued at approximately $26,665,000. Hedge funds and other institutional investors own 68.84% of the company's stock.
In related news, CFO Alesia J. Haas sold 5,250 shares of the stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of $195.25, for a total value of $1,025,062.50. Following the transaction, the chief financial officer now owns 169,786 shares of the company's stock, valued at $33,150,716.50. This represents a 3.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Brian Armstrong sold 23,075 shares of the firm's stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $173.93, for a total value of $4,013,434.75. Following the completion of the sale, the chief executive officer now owns 526 shares in the company, valued at approximately $91,487.18. This represents a 97.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 194,091 shares of company stock worth $50,033,426. 23.43% of the stock is currently owned by company insiders.
Moving on to today's top gainers, shares of Chewy, Inc. (NYSE:CHWY) opened at $86.01 on Friday, after the pet products retailer reported a surprise profit for the recent quarter. Chewy, Inc. shares have a 52 week low of $63.43 and a 52 week high of $123.80. The company has a 50 day moving average of $86.93 and a two-hundred day moving average of $96.17. Chewy, Inc. has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.48. The stock has a market capitalization of $26.27 billion, a PE ratio of 51.99 and a beta of 3.34.
Coinbase Global, Inc. (NASDAQ:COIN) shares opened at $304.64 on Friday. The cryptocurrency exchange has a 52 week low of $107.98 and a 52 week high of $341.75. The firm has a 50 day moving average of $214.20 and a two-hundred day moving average of $215.16. Coinbase Global, Inc. is up 3
