Frederick Ernest Ehrsam III Sells 1,375 Shares of Coinbase Global (NASDAQ:COIN) Stock

Coinbase Global, Inc. (NASDAQ:COIN) Director Frederick Ernest Ehrsam III sold 1,375 shares of Coinbase Global stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $250.27, for a total transaction of $344,121.25. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Frederick Ernest Ehrsam III also recently made the following trade(s):

• On Wednesday, January 14th, Frederick Ernest Ehrsam III sold 2,750 shares of Coinbase Global stock. The stock was sold at an average price of $260.09, for a total transaction of $715,247.50.
• On Monday, January 5th, Frederick Ernest Ehrsam III sold 1,375 shares of Coinbase Global stock. The shares were sold at an average price of $250.03, for a total transaction of $343,791.25.
• On Thursday, December 18th, Frederick Ernest Ehrsam III sold 1,375 shares of Coinbase Global stock. The stock was sold at an average price of $252.82, for a total value of $347,627.50.
• On Tuesday, December 9th, Frederick Ernest Ehrsam III sold 2,750 shares of Coinbase Global stock. The shares were sold at an average price of $280.27, for a total value of $770,742.50.
• On Thursday, December 4th, Frederick Ernest Ehrsam III sold 4,125 shares of Coinbase Global stock. The stock was sold at an average price of $274.06, for a total value of $1,130,497.50.
• On Thursday, November 20th, Frederick Ernest Ehrsam III sold 2,750 shares of Coinbase Global stock. The shares were sold at an average price of $260.33, for a total value of $715,907.50.
• On Monday, November 10th, Frederick Ernest Ehrsam III sold 55,688 shares of Coinbase Global stock. The stock was sold at an average price of $321.81, for a total value of $17,920,955.28.
• On Friday, November 7th, Frederick Ernest Ehrsam III sold 19,927 shares of Coinbase Global stock. The shares were sold at an average price of $288.77, for a total transaction of $5,754,319.79.
• On Thursday, November 6th, Frederick Ernest Ehrsam III sold 277,074 shares of Coinbase Global stock. The shares were sold at an average price of $309.92, for a total transaction of $85,870,774.08.

Coinbase Global Stock Up 0.8%

COIN stock opened at $241.15 on Friday. The stock has a market capitalization of $65.02 billion, a PE ratio of 20.86 and a beta of 3.70. The company has a fifty day moving average of $256.77 and a 200-day moving average of $311.43. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.40 and a current ratio of 2.40. Coinbase Global, Inc. has a one year low of $142.58 and a one year high of $444.64.

Coinbase Global (NASDAQ:COIN) last posted its quarterly earnings results 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 net margin of 41.99% and a return on equity of 15.70%. The firm had revenue of $1.87 billion during the quarter, compared to analysts’ expectations of $1.77 billion. During the same period in the prior year, the company posted $0.28 earnings per share. The firm’s revenue for the quarter was up 55.1% on a year-over-year basis. As a group, analysts expect that Coinbase Global, Inc. will post 7.22 EPS for the current year.

Hedge Funds Weigh In On Coinbase Global

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Evelyn Partners Investment Management Europe Ltd boosted its position in Coinbase Global by 92.3% during the 2nd quarter. Evelyn Partners Investment Management Europe Ltd now owns 75 shares of the cryptocurrency exchange’s stock valued at $29,000 after buying an additional 36 shares during the period. REAP Financial Group LLC purchased a new stake in shares of Coinbase Global during the third quarter valued at $25,000. Palisade Asset Management LLC bought a new stake in shares of Coinbase Global in the third quarter worth approximately $29,000. Cullen Frost Bankers Inc. bought a new position in Coinbase Global during the second quarter valued at approximately $30,000. Finally, Salomon & Ludwin LLC boosted its holdings in Coinbase Global by 4,400.0% in the third quarter. Salomon & Ludwin LLC now owns 90 shares of the cryptocurrency exchange’s stock worth $30,000 after purchasing an additional 88 shares during the last quarter. Hedge funds and other institutional investors own 68.84% of the company’s stock.

Coinbase Global News Roundup

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

Analyst Upgrades and Downgrades

Several research analysts have issued reports on COIN shares. BTIG Research reiterated a “buy” rating and issued a $420.00 price objective on shares of Coinbase Global in a research report on Thursday, December 18th. JPMorgan Chase & Co. cut their price target on shares of Coinbase Global from $404.00 to $399.00 and set an “overweight” rating for the company in a report on Friday, October 31st. HC Wainwright upgraded shares of Coinbase Global from a “sell” rating to a “buy” rating and raised their price objective for the company from $300.00 to $425.00 in a research note on Thursday, October 30th. Redburn Partners set a $417.00 target price on shares of Coinbase Global in a research report on Friday, October 3rd. Finally, Wall Street Zen downgraded shares of Coinbase Global from a “hold” rating to a “sell” rating in a research report on Saturday, November 22nd. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Coinbase Global presently has an average rating of “Moderate Buy” and an average price target 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.