Argent Capital Management LLC Has $334,000 Stock Position in Coinbase Global, Inc. $COIN

Argent Capital Management LLC lessened its holdings in Coinbase Global, Inc. (NASDAQ:COIN) by 67.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,476 shares of the cryptocurrency exchange’s stock after selling 3,126 shares during the quarter. Argent Capital Management LLC’s holdings in Coinbase Global were worth $334,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in COIN. Vanguard Group Inc. increased its holdings in Coinbase Global by 8.3% during the 3rd quarter. Vanguard Group Inc. now owns 26,216,793 shares of the cryptocurrency exchange’s stock worth $8,847,905,000 after acquiring an additional 2,007,930 shares during the period. AEGON ASSET MANAGEMENT UK Plc bought a new position in Coinbase Global in the 3rd quarter valued at $14,491,000. FengHe Fund Management Pte. Ltd. boosted its holdings in Coinbase Global by 119.1% in the 3rd quarter. FengHe Fund Management Pte. Ltd. now owns 69,900 shares of the cryptocurrency exchange’s stock valued at $23,591,000 after purchasing an additional 38,000 shares during the period. Liontrust Investment Partners LLP grew its position in shares of Coinbase Global by 73.1% during the 2nd quarter. Liontrust Investment Partners LLP now owns 83,058 shares of the cryptocurrency exchange’s stock valued at $29,111,000 after purchasing an additional 35,068 shares in the last quarter. Finally, Artisan Partners Limited Partnership purchased a new stake in shares of Coinbase Global in the third quarter worth $224,663,000. 68.84% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

COIN has been the subject of a number of recent research reports. Sanford C. Bernstein reissued an “outperform” rating and issued a $440.00 target price on shares of Coinbase Global in a research note on Tuesday, January 6th. Argus reissued a “hold” rating on shares of Coinbase Global in a research note on Tuesday, November 25th. The Goldman Sachs Group raised their target price on shares of Coinbase Global from $264.00 to $270.00 and gave the stock a “buy” rating in a report on Friday, March 6th. Cantor Fitzgerald decreased their target price on shares of Coinbase Global from $277.00 to $221.00 and set an “overweight” rating on the stock in a research note on Monday, February 9th. Finally, Mizuho lowered their price target on shares of Coinbase Global from $280.00 to $170.00 and set a “neutral” rating for the company in a report on Tuesday, February 17th. 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 stock. According to MarketBeat.com, Coinbase Global has a consensus rating of “Hold” and a consensus price target of $272.31.

Insider Transactions at Coinbase Global

In other Coinbase Global news, CEO Brian Armstrong sold 40,000 shares of the company’s stock in a transaction 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 legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Frederick Ernest Ehrsam III sold 2,750 shares of the firm’s stock in a transaction on Wednesday, January 14th. The shares were sold at an average price of $260.09, for a total value of $715,247.50. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 478,120 shares of company stock valued at $83,884,750 in the last three months. 16.56% of the stock is currently owned by company insiders.

Trending Headlines about Coinbase Global

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

• Positive Sentiment: Expansion of derivatives and 24/7 market access — Coinbase rolled out stock perpetual futures for non‑U.S. users, widening its derivatives product suite and creating a new, always‑on revenue stream for international customers. Coinbase launches 24/7 stock perps for non-US traders
• Positive Sentiment: Tokenized fund & asset management expansion — Coinbase Asset Management and Apex launched a tokenized Bitcoin Yield Fund on Base, demonstrating new product distribution and fee opportunities for institutional customers. Coinbase, Apex tokenize Bitcoin Yield Fund on Base
• Positive Sentiment: Partnership & expansion chatter — Reports of a potential large‑scale tie‑up with Bybit and new Chainlink CCIP selection for asset transfers signal distribution and infrastructure wins that could materially scale Coinbase’s derivatives and cross‑chain flows. Coinbase to Boost Global Expansion With Bybit Partnership? Coinbase Selects Chainlink CCIP
• Positive Sentiment: Analyst support — Rothschild & Co Redburn raised its price target on COIN, signaling constructive sell‑side views that can buoy investor sentiment. Rothschild & Co Redburn adjusts PT on Coinbase
• Neutral Sentiment: Insider sale disclosed — CFO Alesia Haas sold ~9,950 shares (~$2.0M); the sale is small relative to her holdings and can be routine liquidity rather than a signal of company weakness. SEC Form 4
• Neutral Sentiment: Industry tailwinds — A Coinbase survey showed rising institutional appetite for crypto (73% plan to increase exposure), which supports longer‑term revenue potential even if flows are variable. 73% of Institutional Investors Plan to Increase Crypto Holdings
• Negative Sentiment: Security and phishing concerns — A Coinbase‑linked Commerce page was reported to prompt users for seed phrases, raising user‑security and reputational risk that can dent retail trust and platform usage. Coinbase subdomain seed phrase security concern
• Negative Sentiment: Malware and wallet attacks — Reports of iOS‑targeting DarkSword malware affecting crypto wallets (including Coinbase) amplify security worries and could reduce retail activity. DarkSword Malware Strikes iOS
• Negative Sentiment: Competitive & macro/crypto headwinds — Missed inorganic opportunities (BVNK → Mastercard) and a possible Bitcoin pullback or “bull trap” heighten short‑term revenue risk for Coinbase, and some outlets have flagged the stock in negative screens (e.g., Zacks). Mastercard Acquires BVNK Bitcoin bull trap warning Zacks: COIN vs GOLD

Coinbase Global Price Performance

Shares of NASDAQ:COIN opened at $197.50 on Friday. The firm has a fifty day moving average price of $194.11 and a 200 day moving average price of $261.83. Coinbase Global, Inc. has a fifty-two week low of $139.36 and a fifty-two week high of $444.64. The firm has a market cap of $52.16 billion, a price-to-earnings ratio of 44.99, a P/E/G ratio of 3.57 and a beta of 3.70. 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 company had revenue of $1.78 billion during the quarter, compared to analysts’ expectations of $1.86 billion. Coinbase Global had a net margin of 17.55% and a return on equity of 8.68%. Coinbase Global’s quarterly revenue was down 21.6% on a year-over-year basis. During the same period last year, the firm earned $4.68 earnings per share. As a group, sell-side analysts expect that Coinbase Global, Inc. will post 7.22 earnings per share for the current fiscal year.

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.