Victory Capital Management Inc. Acquires 3,905 Shares of Coinbase Global, Inc. $COIN

Victory Capital Management Inc. boosted its holdings in shares of Coinbase Global, Inc. (NASDAQ:COIN) by 6.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 68,647 shares of the cryptocurrency exchange’s stock after buying an additional 3,905 shares during the quarter. Victory Capital Management Inc.’s holdings in Coinbase Global were worth $23,168,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in shares of Coinbase Global by 25.5% during the second quarter. Vanguard Group Inc. now owns 24,208,863 shares of the cryptocurrency exchange’s stock worth $8,484,964,000 after purchasing an additional 4,914,407 shares in the last quarter. Norges Bank acquired a new position in Coinbase Global during the second quarter valued at $1,044,354,000. Geode Capital Management LLC boosted its stake in shares of Coinbase Global by 46.1% in the second quarter. Geode Capital Management LLC now owns 5,559,513 shares of the cryptocurrency exchange’s stock worth $1,940,805,000 after buying an additional 1,755,146 shares during the last quarter. Artisan Partners Limited Partnership purchased a new stake in Coinbase Global in the 3rd quarter worth approximately $224,663,000. Finally, Baillie Gifford & Co. acquired a new stake in Coinbase Global during the third quarter valued at $198,249,000. 68.84% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Coinbase Global

In other Coinbase Global news, CFO Alesia J. Haas sold 364,600 shares of the firm’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 transaction of $56,494,770.00. Following the sale, the chief financial officer owned 402,165 shares of the company’s stock, valued at approximately $62,315,466.75. This trade represents a 47.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Brian Armstrong sold 40,000 shares of Coinbase Global 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. Insiders have sold 476,920 shares of company stock worth $84,194,452 over the last three months. Insiders own 16.56% of the company’s stock.

More Coinbase Global News

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

• Positive Sentiment: Aon completed a proof-of-concept that settled insurance premium payments using stablecoins (USDC on Ethereum and PYUSD on Solana) with Coinbase and Paxos, signaling real-world payment use of Coinbase rails and potential new B2B volume/fees. Aon Announces First Stablecoin Insurance Premium Payment
• Positive Sentiment: Coinbase launched regulated crypto and equity-index futures across 26 European countries (up to 10x leverage), expanding product offering and revenue mix in regulated markets. This widens addressable trading volumes and institutional flows. Coinbase rolls out crypto futures trading in 26 European countries
• Positive Sentiment: Coinbase expanded its “Everything Exchange” decentralized trading integration to users in 84 countries, increasing access to on‑chain tokens and long‑term product stickiness for retail and developer ecosystems. Coinbase Opens 84 Countries to ‘Everything Exchange’ Ecosystem
• Positive Sentiment: Sell‑side support: Cantor Fitzgerald issued a Buy on COIN, providing an analyst endorsement that can bolster investor sentiment. Coinbase Global (COIN) Receives a Buy from Cantor Fitzgerald
• Neutral Sentiment: Rothschild & Co Redburn trimmed its price target modestly to $277 from $288 — still a large implied upside, so the move is more of a calibration than a negative signal. Rothschild & Co Redburn adjusts price target on Coinbase Global
• Neutral Sentiment: CEO commentary continues to push a long-term narrative (stablecoin wallets as payment rails for AI agents), which is supportive for strategy but more developmental than immediately revenue‑generating. Stablecoin wallets are the “credit cards” powering the AI agent economy
• Neutral Sentiment: Reported short‑interest data showed anomalous/zero values (likely a data glitch), so don’t read into it as a fresh positioning signal today.
• Negative Sentiment: CFO disclosed a roughly $2.0M stock sale — insider selling can create short‑term sentiment pressure even if sales are routine or for diversification. Coinbase Global (NASDAQ:COIN) CFO Sells $2,004,000.00 in Stock
• Negative Sentiment: Political/regulatory risk: a key U.S. crypto market‑structure bill that could help Coinbase is reported to be stalled by political fights, creating uncertainty around favorable federal regulation. Crypto Regulation Bill in Jeopardy as Trump Ultimatum and Bank Fight Stall Progress

Coinbase Global Stock Performance

Shares of Coinbase Global stock opened at $199.79 on Tuesday. Coinbase Global, Inc. has a one year low of $139.36 and a one year high of $444.64. The business has a 50-day simple moving average of $201.27 and a 200-day simple moving average of $268.06. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.34 and a current ratio of 2.34. The company has a market cap of $52.76 billion, a PE ratio of 45.51, a P/E/G ratio of 3.06 and a beta of 3.70.

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 firm 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 revenue for the quarter was down 21.6% on a year-over-year basis. During the same period last year, the firm posted $4.68 earnings per share. On average, equities research analysts forecast that Coinbase Global, Inc. will post 7.22 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

COIN has been the topic of several research analyst reports. Zacks Research lowered Coinbase Global from a “hold” rating to a “strong sell” rating in a report on Tuesday, February 17th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $440.00 price objective on shares of Coinbase Global in a report on Tuesday, January 6th. HC Wainwright reduced their price target on Coinbase Global from $425.00 to $350.00 and set a “buy” rating on the stock in a report on Wednesday, February 11th. Piper Sandler decreased their price objective on Coinbase Global from $270.00 to $150.00 and set a “neutral” rating on the stock in a report on Friday, February 13th. Finally, China Renaissance lowered their target price on shares of Coinbase Global from $301.50 to $223.20 and set a “buy” rating for the company in a research note on Monday, February 23rd. 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.com, the company has a consensus rating of “Hold” and an average price target of $270.51.

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.