Hovde Group Has Lowered Expectations for Coastal Financial (NASDAQ:CCB) Stock Price

Coastal Financial (NASDAQ:CCB) had its price target lowered by investment analysts at Hovde Group from $140.00 to $133.00 in a research report issued on Friday. The brokerage presently has an “outperform” rating on the stock. Hovde Group’s price objective would suggest a potential upside of 31.93% from the company’s current price.

A number of other research firms have also recently weighed in on CCB. TD Cowen restated a “buy” rating on shares of Coastal Financial in a research note on Friday, December 5th. UBS Group set a $155.00 price target on Coastal Financial in a report on Friday, December 5th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Coastal Financial in a research note on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $126.33.

Coastal Financial Stock Down 0.1%

CCB stock opened at $100.81 on Friday. The business’s 50-day moving average price is $112.96 and its 200-day moving average price is $108.65. The stock has a market cap of $1.52 billion, a P/E ratio of 31.90 and a beta of 0.89. The company has a quick ratio of 1.05, a current ratio of 1.06 and a debt-to-equity ratio of 0.10. Coastal Financial has a twelve month low of $76.11 and a twelve month high of $120.05.

Coastal Financial (NASDAQ:CCB) last released its earnings results on Thursday, January 29th. The company reported $0.82 EPS for the quarter, missing analysts’ consensus estimates of $1.19 by ($0.37). The firm had revenue of $56.49 million for the quarter, compared to the consensus estimate of $140.81 million. Coastal Financial had a return on equity of 10.45% and a net margin of 7.14%. On average, equities research analysts forecast that Coastal Financial will post 4.59 EPS for the current year.

Insider Buying and Selling at Coastal Financial

In other Coastal Financial news, CEO Eric M. Sprink sold 8,778 shares of Coastal Financial stock in a transaction on Monday, January 5th. The shares were sold at an average price of $114.95, for a total value of $1,009,031.10. Following the completion of the transaction, the chief executive officer directly owned 193,884 shares of the company’s stock, valued at $22,286,965.80. This trade represents a 4.33% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Steven D. Hovde sold 3,000 shares of Coastal Financial stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $117.25, for a total value of $351,750.00. Following the completion of the transaction, the director owned 11,500 shares of the company’s stock, valued at approximately $1,348,375. This represents a 20.69% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 63,296 shares of company stock valued at $7,287,745 in the last quarter. 14.10% of the stock is owned by company insiders.

Hedge Funds Weigh In On Coastal Financial

Large investors have recently made changes to their positions in the company. State of Alaska Department of Revenue purchased a new stake in Coastal Financial in the 3rd quarter worth about $64,000. Russell Investments Group Ltd. lifted its stake in shares of Coastal Financial by 229.5% during the 2nd quarter. Russell Investments Group Ltd. now owns 827 shares of the company’s stock worth $80,000 after acquiring an additional 576 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings in Coastal Financial by 634.4% during the 3rd quarter. Farther Finance Advisors LLC now owns 896 shares of the company’s stock valued at $97,000 after acquiring an additional 774 shares during the period. USA Financial Formulas purchased a new position in Coastal Financial during the 3rd quarter valued at $102,000. Finally, First Horizon Corp bought a new position in Coastal Financial in the 3rd quarter valued at $122,000. 59.24% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Coastal Financial

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

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.