Dimensional Fund Advisors LP Has $264.32 Million Stock Holdings in Coinbase Global, Inc. $COIN

Dimensional Fund Advisors LP boosted its stake in shares of Coinbase Global, Inc. (NASDAQ:COIN) by 1.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 783,273 shares of the cryptocurrency exchange’s stock after purchasing an additional 8,636 shares during the quarter. Dimensional Fund Advisors LP owned about 0.29% of Coinbase Global worth $264,320,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. Vanguard Group Inc. boosted its holdings in shares of Coinbase Global by 25.5% during the 2nd quarter. Vanguard Group Inc. now owns 24,208,863 shares of the cryptocurrency exchange’s stock worth $8,484,964,000 after buying an additional 4,914,407 shares during the period. Norges Bank acquired a new position in Coinbase Global in the 2nd quarter valued at about $1,044,354,000. Geode Capital Management LLC raised its holdings in 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 acquiring an additional 1,755,146 shares during the period. Artisan Partners Limited Partnership bought a new position in Coinbase Global in the 3rd quarter valued at about $224,663,000. Finally, Baillie Gifford & Co. acquired a new stake in Coinbase Global during the third quarter worth approximately $198,249,000. 68.84% of the stock is owned by institutional investors.

Insider Transactions at Coinbase Global

In related news, CEO Brian Armstrong sold 40,000 shares of the stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $248.96, for a total transaction of $9,958,400.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Alesia J. Haas sold 10,020 shares of Coinbase Global stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $200.00, for a total transaction of $2,004,000.00. Following the completion of the transaction, the chief financial officer directly owned 397,171 shares in the company, valued at $79,434,200. This trade represents a 2.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 519,670 shares of company stock valued at $95,919,594. Company insiders own 16.56% of the company’s stock.

Key Headlines Impacting Coinbase Global

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

• Positive Sentiment: High‑profile political support: CEO Brian Armstrong met privately with former President Trump, who publicly voiced backing for crypto-friendly legislation (the CLARITY Act). That endorsement helped spark a mid‑week rally in crypto prices and COIN shares. Article Title
• Positive Sentiment: Bullish analyst action: Goldman Sachs raised its COIN price target to $270 and kept a “buy” rating, giving institutional validation for upside if crypto volumes and regulation improve. Article Title
• Positive Sentiment: Institutional product expansion: Coinbase Prime now offers CFTC‑regulated futures and unified cross‑margin trading via Coinbase Financial Markets (leveraging Deribit capabilities), which should deepen institutional flow and fee opportunity. Article Title
• Neutral Sentiment: Crypto market tailwinds: Bitcoin rallied (ETF inflows and a short squeeze dynamic), lifting crypto‑linked equities and potentially increasing Coinbase trading volumes and custody demand — a near‑term positive for revenue if sustained. Article Title
• Negative Sentiment: New shareholder derivative lawsuit: A plaintiff filed a derivative suit naming CEO Brian Armstrong and other directors/executives (alleging oversight failures and disclosure issues). This raises potential legal costs, governance risk and investor uncertainty. Article Title
• Negative Sentiment: Insider selling / governance headlines: Coinbase CLO and other senior insiders sold shares ahead of or around the timing of legal actions; CFO Alesia Haas sold ~10,020 shares (filed with the SEC), which investors often view as a negative governance signal even when sales are routine. Article Title and Article Title
• Negative Sentiment: Regulatory uncertainty on stablecoins: Ongoing Senate fights over stablecoin yield rules have already pushed Coinbase to withdraw support for certain bill language. A stalled or unfavorable market‑structure bill could limit new product opportunities (e.g., high‑yield stablecoin programs). Article Title
• Negative Sentiment: Recent fundamentals: Coinbase missed Q4 revenue and EPS estimates (revenue down y/y, EPS miss), a reminder that elevated crypto prices don’t immediately erase prior weakness in top‑line growth and analyst skepticism. (See company Q4 report and analyst commentary.)

Coinbase Global Stock Down 4.1%

COIN stock opened at $197.25 on Friday. The company has a market cap of $52.09 billion, a PE ratio of 44.93, a price-to-earnings-growth ratio of 2.95 and a beta of 3.70. The business has a 50-day simple moving average of $201.95 and a 200 day simple moving average of $269.25. Coinbase Global, Inc. has a 52 week low of $139.36 and a 52 week high of $444.64. The company has a quick ratio of 2.34, a current ratio of 2.34 and a debt-to-equity ratio of 0.40.

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

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on COIN shares. Canaccord Genuity Group reduced their price objective on Coinbase Global from $400.00 to $300.00 and set a “buy” rating for the company in a report on Friday, February 13th. Weiss Ratings reiterated a “hold (c)” rating on shares of Coinbase Global in a research note on Friday, January 9th. UBS Group set a $264.00 price target on Coinbase Global in a report on Friday, February 13th. Rosenblatt Securities reduced their price target on Coinbase Global from $325.00 to $240.00 and set a “buy” rating for the company in a research note on Friday, February 13th. Finally, Benchmark decreased their price objective on Coinbase Global from $421.00 to $267.00 and set a “buy” rating on the stock in a report on Friday, February 13th. Nineteen analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $270.87.

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.