Dilation Capital Management LP Buys New Shares in Coinbase Global, Inc. $COIN

Dilation Capital Management LP purchased a new position in shares of Coinbase Global, Inc. (NASDAQ:COIN) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 19,935 shares of the cryptocurrency exchange’s stock, valued at approximately $6,728,000. Coinbase Global makes up approximately 3.3% of Dilation Capital Management LP’s holdings, making the stock its 14th largest holding.

Several other large investors also recently modified their holdings of the stock. Evelyn Partners Investment Management Europe Ltd increased its holdings 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 purchasing an additional 36 shares in the last quarter. Cullen Frost Bankers Inc. acquired a new stake in shares of Coinbase Global during the 2nd quarter worth approximately $30,000. Salomon & Ludwin LLC raised its stake in shares of Coinbase Global by 4,400.0% during the third quarter. Salomon & Ludwin LLC now owns 90 shares of the cryptocurrency exchange’s stock worth $30,000 after buying an additional 88 shares during the last quarter. City State Bank bought a new stake in shares of Coinbase Global during the second quarter worth approximately $33,000. Finally, Financial Gravity Companies Inc. acquired a new position in Coinbase Global in the second quarter valued at approximately $34,000. 68.84% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have commented on COIN. Redburn Partners set a $417.00 target price on shares of Coinbase Global in a research report on Friday, October 3rd. Compass Point set a $230.00 price objective on Coinbase Global in a report on Monday, December 15th. Deutsche Bank Aktiengesellschaft assumed coverage on Coinbase Global in a report on Wednesday, December 17th. They set a “buy” rating and a $340.00 target price on the stock. The Goldman Sachs Group boosted their target price on Coinbase Global from $303.00 to $310.00 and gave the stock a “buy” rating in a research report on Tuesday. Finally, Barclays cut their price target on shares of Coinbase Global from $291.00 to $258.00 and set an “equal weight” rating on the stock in a research report on Thursday, January 8th. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Coinbase Global has a consensus rating of “Moderate Buy” and an average price target of $362.92.

More Coinbase Global News

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

• Positive Sentiment: Coinbase and Circle will back Bermuda’s push to build the world’s first fully on‑chain national economy — a commercial win that could expand on‑chain product demand and institutional relationships. Read More.
• Positive Sentiment: Goldman Sachs raised its COIN price target to $310 and kept a buy rating, reinforcing buy‑side confidence and providing an earnings/valuation tailwind. Read More.
• Positive Sentiment: Coinbase is pushing tokenization and research arguing on‑chain markets can broaden capital access — a strategic narrative that supports long‑term revenue expansion into tokenized securities and custody. Read More.
• Positive Sentiment: Marketing and consumer engagement: Coinbase launched an NBA Rookie Firsts content series and is using athlete storytelling to boost mainstream adoption and brand relevance. Read More.
• Neutral Sentiment: Coinbase formed an expert advisory board to assess quantum‑computing threats — a proactive security move that supports crypto custody credibility but has limited near‑term revenue impact. Read More.
• Neutral Sentiment: CEO Brian Armstrong reiterated a bullish long‑term Bitcoin view (still calling for $1M/Bitcoin by 2030) — positive for narrative momentum but not an immediate fundamental driver. Read More.
• Neutral Sentiment: Competition and market structure piece highlights a race with Intercontinental Exchange to build 24/7 infrastructure — underscores structural competition that could pressure fees and margins over time. Read More.
• Negative Sentiment: Regulatory and political friction: Coinbase pulled support for a draft “Clarity Act,” risking strained ties with key industry allies (a16z) and complicating lobbying efforts. Read More.
• Negative Sentiment: Broader regulatory headlines and Washington scrutiny continue to weigh on sentiment — persistent regulatory uncertainty is a key near‑term risk to valuation. Read More.
• Negative Sentiment: Security/reputation concern: a published account of a sophisticated social‑engineering attempt to steal a Coinbase account highlights custodial risk and may amplify consumer caution despite company safeguards. Read More.

Coinbase Global Stock Down 0.4%

Coinbase Global stock opened at $226.93 on Thursday. The stock has a market capitalization of $61.19 billion, a PE ratio of 19.63 and a beta of 3.70. Coinbase Global, Inc. has a twelve month low of $142.58 and a twelve month high of $444.64. The company has a 50 day moving average of $252.17 and a 200-day moving average of $308.85. The company has a quick ratio of 2.40, a current ratio of 2.40 and a debt-to-equity ratio of 0.37.

Coinbase Global (NASDAQ:COIN) last released its earnings results on Thursday, October 30th. The cryptocurrency exchange reported $1.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 quarter in the prior year, the company earned $0.28 EPS. The company’s revenue was up 55.1% on a year-over-year basis. On average, equities research analysts anticipate that Coinbase Global, Inc. will post 7.22 EPS for the current fiscal year.

Insider Buying and Selling at Coinbase Global

In other news, Director Frederick Ernest Ehrsam III sold 1,375 shares of the business’s stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $250.27, for a total value of $344,121.25. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Brian Armstrong sold 40,000 shares of the stock in a transaction on Monday, January 5th. The stock was sold at an average price of $248.96, for a total transaction of $9,958,400.00. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 820,587 shares of company stock worth $240,717,580. Corporate insiders own 16.56% of the company’s stock.

About Coinbase Global

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.