Alesia Haas Sells 8,050 Shares of Coinbase Global (NASDAQ:COIN) Stock

Coinbase Global, Inc. (NASDAQ:COIN) CFO Alesia Haas sold 8,050 shares of the company’s stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $250.00, for a total value of $2,012,500.00. Following the completion of the transaction, the chief financial officer directly owned 70,664 shares in the company, valued at approximately $17,666,000. The trade was a 10.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Coinbase Global Stock Performance

Shares of COIN opened at $241.15 on Friday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.40 and a current ratio of 2.40. The stock has a 50-day moving average of $256.77 and a two-hundred day moving average of $311.43. The stock has a market cap of $65.02 billion, a P/E ratio of 20.86 and a beta of 3.70. Coinbase Global, Inc. has a one year low of $142.58 and a one year high of $444.64.

Coinbase Global (NASDAQ:COIN) last announced its quarterly earnings data on Thursday, October 30th. The cryptocurrency exchange reported $1.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.04 by $0.40. Coinbase Global had a return on equity of 15.70% and a net margin of 41.99%.The firm had revenue of $1.87 billion during the quarter, compared to analysts’ expectations of $1.77 billion. During the same period last year, the business posted $0.28 earnings per share. The company’s revenue for the quarter was up 55.1% compared to the same quarter last year. As a group, research analysts predict that Coinbase Global, Inc. will post 7.22 EPS for the current year.

More Coinbase Global News

Here are the key news stories impacting Coinbase Global this week:

• Positive Sentiment: CEO Brian Armstrong has actively lobbied to preserve stablecoin rewards and says the stalled Senate markup can be rescheduled — a sign management is defending key revenue drivers and continuing negotiations with lawmakers. Article Title
• Positive Sentiment: Some sell-side support remains: China Renaissance kept a buy rating (while lowering its PT), and Daiwa reaffirmed a buy — indicating some analysts still see upside over the medium term. Article Title
• Neutral Sentiment: Wider coverage frames Coinbase as exercising influence in Washington; CEO statements and profiles (NYT, Fortune) reinforce the company’s strategic positioning even as regulatory uncertainty lingers. Article Title
• Negative Sentiment: Coinbase pulled support for the CLARITY/market-structure bill, triggering a postponed Senate markup and a sharp selloff across crypto-related stocks — this increases near-term regulatory uncertainty and investor risk. Article Title
• Negative Sentiment: Insider selling: CFO Alesia Haas sold 8,050 shares (~$2.01M) and director Frederick Ehrsam sold multiple blocks (1,375 and 2,750 shares) in mid-January — visible insider exits that can hurt sentiment. SEC filings disclosed the trades. CFO Form 4 Director Form 4
• Negative Sentiment: Market positioning and analyst moves: Jefferies cut its price target to $268 (hold), and other firms trimmed targets — tighter analyst expectations increase near-term downside risk. Article Title
• Negative Sentiment: Options and flow signal rising bearish bets: unusually large put volume (≈354,875 puts) indicates elevated short/bearish positioning and hedging activity. No link provided

Institutional Trading of Coinbase Global

A number of institutional investors and hedge funds have recently made changes to their positions in COIN. Cadent Capital Advisors LLC lifted its position in shares of Coinbase Global by 1.0% during the 2nd quarter. Cadent Capital Advisors LLC now owns 3,162 shares of the cryptocurrency exchange’s stock valued at $1,108,000 after buying an additional 30 shares in the last quarter. Ameriflex Group Inc. grew its position in shares of Coinbase Global by 20.0% in the second quarter. Ameriflex Group Inc. now owns 180 shares of the cryptocurrency exchange’s stock valued at $68,000 after purchasing an additional 30 shares during the period. Capital Advisors Wealth Management LLC increased its stake in shares of Coinbase Global by 2.0% during the third quarter. Capital Advisors Wealth Management LLC now owns 1,549 shares of the cryptocurrency exchange’s stock worth $523,000 after purchasing an additional 30 shares in the last quarter. Elevation Wealth Partners LLC raised its position in shares of Coinbase Global by 37.6% during the 3rd quarter. Elevation Wealth Partners LLC now owns 117 shares of the cryptocurrency exchange’s stock worth $39,000 after purchasing an additional 32 shares during the last quarter. Finally, West Family Investments Inc. lifted its stake in Coinbase Global by 3.3% in the 3rd quarter. West Family Investments Inc. now owns 1,029 shares of the cryptocurrency exchange’s stock valued at $347,000 after buying an additional 33 shares in the last quarter. 68.84% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. JPMorgan Chase & Co. cut their price objective on shares of Coinbase Global from $404.00 to $399.00 and set an “overweight” rating on the stock in a research note on Friday, October 31st. Deutsche Bank Aktiengesellschaft initiated coverage on Coinbase Global in a report on Wednesday, December 17th. They issued a “buy” rating and a $340.00 price objective for the company. Needham & Company LLC dropped their target price on Coinbase Global from $400.00 to $290.00 and set a “buy” rating on the stock in a report on Monday, December 29th. Rosenblatt Securities boosted their price target on Coinbase Global from $450.00 to $470.00 in a report on Friday, October 31st. Finally, Jefferies Financial Group lowered their price objective on Coinbase Global from $367.00 to $268.00 and set a “hold” rating on the stock in a research report on Monday, January 12th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $362.68.

Coinbase Global Company Profile

Coinbase Global, Inc is a U.S.-based company that operates one of the largest cryptocurrency exchange platforms. Founded in 2012 by Brian Armstrong and Fred Ehrsam and headquartered in San Francisco, Coinbase provides technology and infrastructure to buy, sell, store and use a broad range of digital assets. The company became a public company through a direct listing on the NASDAQ in April 2021 and offers services tailored to both retail and institutional customers.

Coinbase’s product portfolio includes its consumer trading platform, a self-custody mobile wallet, and institutional services such as custody, prime brokerage and execution tools.