Blair William & Co. IL Boosts Stock Holdings in Coinbase Global, Inc. $COIN

Blair William & Co. IL raised its stake in Coinbase Global, Inc. (NASDAQ:COIN) by 38.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 166,540 shares of the cryptocurrency exchange’s stock after acquiring an additional 46,681 shares during the period. Blair William & Co. IL owned approximately 0.06% of Coinbase Global worth $56,206,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of COIN. Evelyn Partners Investment Management Europe Ltd grew its position in shares of Coinbase Global by 92.3% during the second 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. REAP Financial Group LLC bought a new stake in shares of Coinbase Global in the third quarter worth about $25,000. Salomon & Ludwin LLC lifted its position in shares of 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 buying an additional 88 shares in the last quarter. Financial Gravity Companies Inc. bought a new position in Coinbase Global during the second quarter valued at approximately $34,000. Finally, MV Capital Management Inc. boosted its stake in Coinbase Global by 215.6% during the second quarter. MV Capital Management Inc. now owns 101 shares of the cryptocurrency exchange’s stock valued at $35,000 after buying an additional 69 shares during the last quarter. Hedge funds and other institutional investors own 68.84% of the company’s stock.

Insider Buying and Selling

In other Coinbase Global news, CEO Brian Armstrong sold 40,000 shares of the firm’s stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $273.86, for a total value of $10,954,400.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Alesia J. Haas sold 364,600 shares of the business’s stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $154.95, for a total value of $56,494,770.00. Following the transaction, the chief financial officer owned 402,165 shares of the company’s stock, valued at $62,315,466.75. This trade represents a 47.55% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 519,670 shares of company stock valued at $95,919,594. Company insiders own 16.56% of the company’s stock.

Coinbase Global Stock Down 4.1%

Shares of COIN opened at $197.25 on Friday. The company has a quick ratio of 2.34, a current ratio of 2.34 and a debt-to-equity ratio of 0.40. The business has a fifty day moving average of $201.95 and a 200 day moving average of $269.02. The company has a market cap of $52.09 billion, a PE ratio of 44.93, a P/E/G ratio of 2.83 and a beta of 3.70. Coinbase Global, Inc. has a 52-week low of $139.36 and a 52-week high of $444.64.

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

Wall Street Analyst Weigh In

A number of research firms have issued reports on COIN. Oppenheimer reduced their price objective on Coinbase Global from $381.00 to $370.00 and set an “outperform” rating on the stock in a research note on Monday, January 12th. Cantor Fitzgerald lowered their target price on Coinbase Global from $277.00 to $221.00 and set an “overweight” rating for the company in a research report on Monday, February 9th. Rosenblatt Securities cut their target price on shares of Coinbase Global from $325.00 to $240.00 and set a “buy” rating for the company in a report on Friday, February 13th. Monness Crespi & Hardt cut shares of Coinbase Global from a “hold” rating to a “sell” rating in a research report on Monday, February 23rd. Finally, Raymond James Financial reaffirmed a “market perform” rating on shares of Coinbase Global in a research note on Thursday, January 8th. Nineteen equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $270.87.

Trending Headlines about 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 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.