Coastal Financial Corporation (NASDAQ:CCB) Receives Consensus Rating of “Hold” from Brokerages

Posted by on Aug 21st, 2026

Coastal Financial Corporation (NASDAQ:CCB – Get Free Report) has been given a consensus recommendation of “Hold” by the seven ratings firms that are currently covering the firm, Marketbeat reports. Two research analysts have rated the stock with a sell rating and five have issued a buy rating on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $91.3333.

CCB has been the topic of a number of research reports. Stephens restated an “overweight” rating and issued a $110.00 price objective on shares of Coastal Financial in a report on Friday, May 1st. Weiss Ratings downgraded shares of Coastal Financial from a “hold (c)” rating to a “sell (d)” rating in a research report on Tuesday, August 11th. TD Cowen dropped their price target on shares of Coastal Financial from $110.00 to $47.00 and set a “buy” rating on the stock in a research note on Friday, July 31st. Raymond James Financial downgraded shares of Coastal Financial from a “strong-buy” rating to an “outperform” rating and set a $50.00 price target on the stock. in a report on Friday, July 31st. Finally, Zacks Research lowered shares of Coastal Financial from a “hold” rating to a “strong sell” rating in a research note on Tuesday, August 4th.

View Our Latest Analysis on Coastal Financial

Insider Activity

In related news, Director Steven D. Hovde purchased 10,000 shares of the firm’s stock in a transaction dated Thursday, August 6th. The stock was bought at an average price of $43.83 per share, for a total transaction of $438,300.00. Following the purchase, the director owned 26,500 shares in the company, valued at $1,161,495. The trade was a 60.61% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Eric M. Sprink acquired 10,000 shares of the stock in a transaction dated Thursday, August 6th. The shares were bought at an average cost of $44.45 per share, for a total transaction of $444,500.00. Following the acquisition, the chief executive officer owned 173,238 shares in the company, valued at $7,700,429.10. The trade was a 6.13% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders have acquired 25,290 shares of company stock worth $1,115,894. Corporate insiders own 13.49% of the company’s stock.

Institutional Investors Weigh In On Coastal Financial

Large investors have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC grew its holdings in Coastal Financial by 129.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 300 shares of the company’s stock valued at $34,000 after purchasing an additional 169 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Coastal Financial in the fourth quarter worth $50,000. Smartleaf Asset Management LLC boosted its holdings in Coastal Financial by 20,700.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 624 shares of the company’s stock valued at $72,000 after acquiring an additional 621 shares during the period. Russell Investments Group Ltd. increased its stake in shares of Coastal Financial by 229.5% in the second quarter. Russell Investments Group Ltd. now owns 827 shares of the company’s stock worth $80,000 after purchasing an additional 576 shares during the period. Finally, Tower Research Capital LLC TRC increased its stake in shares of Coastal Financial by 521.7% in the second quarter. Tower Research Capital LLC TRC now owns 1,262 shares of the company’s stock worth $122,000 after purchasing an additional 1,059 shares during the period. Institutional investors own 59.24% of the company’s stock.

Coastal Financial Stock Performance

Shares of NASDAQ CCB opened at $46.10 on Friday. The business’s 50-day moving average price is $66.43 and its two-hundred day moving average price is $73.67. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.05 and a quick ratio of 1.03. Coastal Financial has a one year low of $36.61 and a one year high of $120.05. The company has a market capitalization of $704.87 million, a P/E ratio of -164.64 and a beta of 0.76.

Coastal Financial (NASDAQ:CCB – Get Free Report) last issued its earnings results on Thursday, July 30th. The company reported ($2.76) earnings per share for the quarter, missing the consensus estimate of $1.01 by ($3.77). The firm had revenue of $178.07 million during the quarter, compared to analyst estimates of $148.50 million. Coastal Financial had a negative return on equity of 0.80% and a negative net margin of 0.53%. Analysts anticipate that Coastal Financial will post 1.26 earnings per share for the current fiscal year.

About Coastal Financial

(Get Free Report)

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.

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Analyst Recommendations for Coastal Financial (NASDAQ:CCB)

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