Frederick Ernest Ehrsam III Sells 2,750 Shares of Coinbase Global (NASDAQ:COIN) Stock

Coinbase Global, Inc. (NASDAQ:COIN) Director Frederick Ernest Ehrsam III sold 2,750 shares of the business’s stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $260.09, for a total value of $715,247.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

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

• On Thursday, January 15th, Frederick Ernest Ehrsam III sold 1,375 shares of Coinbase Global stock. The shares were sold at an average price of $250.27, for a total value of $344,121.25.
• On Monday, January 5th, Frederick Ernest Ehrsam III sold 1,375 shares of Coinbase Global stock. The stock was sold at an average price of $250.03, for a total value 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 transaction of $1,130,497.50.
• On Thursday, November 20th, Frederick Ernest Ehrsam III sold 2,750 shares of Coinbase Global stock. The stock was sold at an average price of $260.33, for a total transaction of $715,907.50.
• On Monday, November 10th, Frederick Ernest Ehrsam III sold 55,688 shares of Coinbase Global stock. The shares were sold at an average price of $321.81, for a total transaction of $17,920,955.28.
• On Friday, November 7th, Frederick Ernest Ehrsam III sold 19,927 shares of Coinbase Global stock. The stock was 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 Performance

COIN stock opened at $241.15 on Friday. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.40 and a quick ratio of 2.40. The company has a 50 day moving average price of $256.77 and a 200 day moving average price of $311.43. Coinbase Global, Inc. has a fifty-two week low of $142.58 and a fifty-two week high of $444.64. The stock has a market capitalization of $65.02 billion, a PE ratio of 20.86 and a beta of 3.70.

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

Coinbase Global News Summary

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 large investors have recently made changes to their positions in the company. Vanguard Group Inc. increased its holdings in shares of Coinbase Global by 8.3% in the third quarter. Vanguard Group Inc. now owns 26,216,793 shares of the cryptocurrency exchange’s stock worth $8,847,905,000 after acquiring an additional 2,007,930 shares in the last quarter. Geode Capital Management LLC grew its position in shares of Coinbase Global by 46.1% in the 2nd quarter. Geode Capital Management LLC now owns 5,559,513 shares of the cryptocurrency exchange’s stock valued at $1,940,805,000 after purchasing an additional 1,755,146 shares during the period. Norges Bank bought a new stake in Coinbase Global during the 2nd quarter worth approximately $1,044,354,000. Northern Trust Corp raised its holdings in Coinbase Global by 5.9% during the 3rd quarter. Northern Trust Corp now owns 1,959,871 shares of the cryptocurrency exchange’s stock worth $661,437,000 after buying an additional 108,751 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its holdings in Coinbase Global by 53.0% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 1,455,916 shares of the cryptocurrency exchange’s stock worth $510,284,000 after buying an additional 504,068 shares during the period. Institutional investors own 68.84% of the company’s stock.

Wall Street Analyst Weigh In

COIN has been the topic of a number of research reports. Piper Sandler cut their target price on shares of Coinbase Global from $350.00 to $270.00 and set a “neutral” rating on the stock in a research report on Wednesday. JPMorgan Chase & Co. dropped their price target on shares of Coinbase Global from $404.00 to $399.00 and set an “overweight” rating for the company in a research note on Friday, October 31st. Raymond James Financial reaffirmed a “market perform” rating on shares of Coinbase Global in a report on Thursday, January 8th. Redburn Partners set a $417.00 target price on shares of Coinbase Global in a research report on Friday, October 3rd. Finally, Oppenheimer reduced their price target on Coinbase Global from $381.00 to $370.00 and set an “outperform” rating on the stock in a research report on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Coinbase Global currently has a consensus rating of “Moderate Buy” and an average 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.