Andra AP fonden Acquires 4,700 Shares of Coinbase Global, Inc. $COIN

Andra AP fonden increased its stake in Coinbase Global, Inc. (NASDAQ:COIN) by 69.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,500 shares of the cryptocurrency exchange’s stock after buying an additional 4,700 shares during the quarter. Andra AP fonden’s holdings in Coinbase Global were worth $3,881,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Capital Advisors Wealth Management LLC raised its stake in Coinbase Global by 2.0% in the third quarter. Capital Advisors Wealth Management LLC now owns 1,549 shares of the cryptocurrency exchange’s stock worth $523,000 after buying an additional 30 shares in the last quarter. Elevation Wealth Partners LLC grew its holdings in Coinbase Global by 37.6% during the third quarter. Elevation Wealth Partners LLC now owns 117 shares of the cryptocurrency exchange’s stock worth $39,000 after acquiring an additional 32 shares during the period. West Family Investments Inc. raised its position in shares of Coinbase Global by 3.3% in the third quarter. West Family Investments Inc. now owns 1,029 shares of the cryptocurrency exchange’s stock worth $347,000 after acquiring an additional 33 shares during the period. StoneX Group Inc. grew its stake in Coinbase Global by 1.8% in the 2nd quarter. StoneX Group Inc. now owns 1,970 shares of the cryptocurrency exchange’s stock valued at $690,000 after acquiring an additional 34 shares during the period. Finally, Forvis Mazars Wealth Advisors LLC increased its stake in Coinbase Global by 3.4% during the 3rd quarter. Forvis Mazars Wealth Advisors LLC now owns 1,040 shares of the cryptocurrency exchange’s stock worth $351,000 after buying an additional 34 shares in the last quarter. Institutional investors own 68.84% of the company’s stock.

Insider Activity

In other Coinbase Global news, Director Frederick Ernest Ehrsam III sold 4,125 shares of Coinbase Global stock in a transaction that occurred on Thursday, December 4th. The stock was sold at an average price of $274.06, for a total value of $1,130,497.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Brian Armstrong sold 40,000 shares of the stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $273.86, for a total transaction of $10,954,400.00. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 513,775 shares of company stock worth $95,046,092. 16.56% of the stock is currently owned by insiders.

Key Headlines Impacting Coinbase Global

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

• Positive Sentiment: Coinbase launched U.S. stock and ETF trading as part of its “Everything Exchange” push, expanding product scope and offering 24/5 equities access — a strategic move to reduce dependence on crypto-only revenue. Coinbase Expands Into Stocks — Yahoo
• Positive Sentiment: Apex Fintech Solutions will power the stock-trading infrastructure for Coinbase’s Everything Exchange, supporting the operational rollout and scaling of equities trading. Apex Fintech Powers Coinbase Infrastructure — MarketWatch
• Positive Sentiment: Institutional interest: Aristotle Funds’ Core Equity Fund added COIN, signaling professional investor conviction in Coinbase’s growth trajectory beyond spot crypto trading. Aristotle Adds Coinbase — InsiderMonkey
• Neutral Sentiment: Zacks published coverage pieces comparing Coinbase to Nasdaq and flagging investor interest; useful context but not a direct catalyst. Coinbase vs Nasdaq — Zacks
• Neutral Sentiment: Coinbase will participate in the Morgan Stanley TMT conference — visibility with institutional investors but not an immediate earnings driver. Morgan Stanley Conference — TMCNet
• Neutral Sentiment: Short-interest report in the public feed shows anomalous/zero data for Feb — appears to be a data artifact and not actionable.
• Negative Sentiment: Crypto spot volumes have fallen to 2024 lows, reducing fee-generating trading activity that drives much of Coinbase’s near-term revenue. This market-wide liquidity decline pressures top-line results. Bitcoin Spot Volumes Sink — NewsBTC
• Negative Sentiment: President Capital trimmed its price target sharply (from $472 to $236), signaling reduced near-term upside in street models despite keeping a Buy rating — contributes to downward pressure on sentiment. Price Target Cut — MarketScreener
• Negative Sentiment: Recent quarterly results missed estimates (Q4 revenue and EPS below consensus), highlighting revenue sensitivity to crypto volumes and keeping analysts cautious. Earnings Miss — MarketBeat

Coinbase Global Price Performance

Coinbase Global stock opened at $175.85 on Friday. The firm has a 50 day moving average price of $206.50 and a 200 day moving average price of $273.30. The company has a market cap of $46.44 billion, a price-to-earnings ratio of 40.06, a PEG ratio of 2.52 and a beta of 3.70. Coinbase Global, Inc. has a 1 year low of $139.36 and a 1 year high of $444.64. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.34 and a current ratio of 2.34.

Coinbase Global (NASDAQ:COIN) last released its quarterly earnings data on Thursday, February 12th. The cryptocurrency exchange reported $0.66 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.83 by ($0.17). The business had revenue of $1.78 billion for the quarter, compared to analysts’ expectations of $1.86 billion. Coinbase Global had a return on equity of 8.68% and a net margin of 17.55%.Coinbase Global’s quarterly revenue was down 21.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $4.68 earnings per share. Sell-side analysts predict that Coinbase Global, Inc. will post 7.22 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms have weighed in on COIN. Compass Point lowered their price objective on Coinbase Global from $190.00 to $140.00 and set a “sell” rating on the stock in a research note on Friday, February 20th. Zacks Research cut shares of Coinbase Global from a “hold” rating to a “strong sell” rating in a report on Tuesday, February 17th. Argus reiterated a “hold” rating on shares of Coinbase Global in a research note on Tuesday, November 25th. The Goldman Sachs Group decreased their target price on shares of Coinbase Global from $310.00 to $264.00 and set a “buy” rating for the company in a research note on Tuesday, February 17th. Finally, HC Wainwright cut their target price on Coinbase Global from $425.00 to $350.00 and set a “buy” rating for the company in a research note on Wednesday, February 11th. Nineteen analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, Coinbase Global currently has an average rating of “Hold” and a consensus price target of $270.67.

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.