Joel Edwards Sells 1,300 Shares of Coastal Financial (NASDAQ:CCB) Stock

Coastal Financial Corporation (NASDAQ:CCB) CFO Joel Edwards sold 1,300 shares of the company’s stock in a transaction dated Monday, January 26th. The shares were sold at an average price of $111.34, for a total transaction of $144,742.00. Following the sale, the chief financial officer directly owned 11,462 shares in the company, valued at approximately $1,276,179.08. This trade represents a 10.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Coastal Financial Price Performance

CCB opened at $100.81 on Friday. The firm has a 50-day moving average price of $112.96 and a 200-day moving average price of $108.65. Coastal Financial Corporation has a twelve month low of $76.11 and a twelve month high of $120.05. The company has a quick ratio of 1.05, a current ratio of 1.06 and a debt-to-equity ratio of 0.10. The company has a market capitalization of $1.52 billion, a price-to-earnings ratio of 31.90 and a beta of 0.89.

Coastal Financial (NASDAQ:CCB) last released its quarterly earnings data on Thursday, January 29th. The company reported $0.82 earnings per share for the quarter, missing analysts’ consensus estimates of $1.19 by ($0.37). The business had revenue of $56.49 million during the quarter, compared to analysts’ expectations of $140.81 million. Coastal Financial had a net margin of 7.14% and a return on equity of 10.45%. Equities analysts expect that Coastal Financial Corporation will post 4.59 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Pictet Asset Management Holding SA boosted its holdings in Coastal Financial by 24.7% during the 4th quarter. Pictet Asset Management Holding SA now owns 2,456 shares of the company’s stock valued at $281,000 after acquiring an additional 487 shares during the period. Sanctuary Advisors LLC purchased a new stake in shares of Coastal Financial during the fourth quarter valued at approximately $212,000. Quent Capital LLC bought a new position in shares of Coastal Financial in the fourth quarter worth approximately $2,279,000. Vanguard Group Inc. grew its holdings in shares of Coastal Financial by 2.4% in the fourth quarter. Vanguard Group Inc. now owns 784,230 shares of the company’s stock worth $89,865,000 after purchasing an additional 18,193 shares during the last quarter. Finally, Turtle Creek Wealth Advisors LLC purchased a new position in shares of Coastal Financial in the fourth quarter worth $403,000. 59.24% of the stock is currently owned by institutional investors.

More Coastal Financial News

Here are the key news stories impacting Coastal Financial this week:

• Positive Sentiment: Management released an investor presentation highlighting growth plans and an AI-focused expansion that it says will drive efficiency and product cross-sell opportunities; this provides a constructive strategic narrative that could support longer-term revenue and margin improvement. Coastal Financial Highlights Growth and AI-Focused Expansion
• Neutral Sentiment: Reported short interest data appear anomalous (showing zero shares and a 0.0 days-to-cover metric), suggesting no clear short-seller pressure; treat the short-interest release as non-informative until corrected.
• Negative Sentiment: Q4 results materially missed expectations: EPS of $0.82 vs. consensus (~$1.16–$1.19) and revenue $56.49M vs. estimates near $140.8M. The revenue shortfall and EPS miss are the primary drivers of the selloff — they raise near-term execution questions and make it harder to justify the stock’s current multiple. Coastal Financial Corporation Announces Fourth Quarter 2025 Results Coastal Financial Corporation (CCB) Q4 Earnings and Revenues Lag Estimates
• Negative Sentiment: Insider selling: CFO Joel Edwards sold 1,300 shares (disclosed sale), reducing his stake by ~10.2%. Insider sales can be perceived negatively by the market even if driven by personal liquidity needs. Joel Edwards Sells 1,300 Shares of Coastal Financial (NASDAQ:CCB) Stock

Analyst Upgrades and Downgrades

CCB has been the subject of a number of recent analyst reports. TD Cowen reaffirmed a “buy” rating on shares of Coastal Financial in a report on Friday, December 5th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Coastal Financial in a research note on Monday, December 29th. Finally, UBS Group set a $155.00 target price on shares of Coastal Financial in a report on Friday, December 5th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $125.17.

About Coastal Financial

Coastal Financial Corporation is a bank holding company whose principal subsidiary, Coastal Community Bank, provides a full range of community banking services to clients along North Carolina’s central and eastern coastline. The company focuses on delivering personalized relationship banking to individuals, small businesses, and local professionals in seaside and inland communities.

Through Coastal Community Bank, Coastal Financial offers deposit products including checking, savings, money market accounts and certificates of deposit.