Coinbase Global (NASDAQ:COIN) CFO Sells $2,005,920.00 in Stock

Coinbase Global, Inc. (NASDAQ:COIN) CFO Alesia Haas sold 9,950 shares of the stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $201.60, for a total transaction of $2,005,920.00. Following the completion of the transaction, the chief financial officer owned 387,221 shares in the company, valued at $78,063,753.60. This represents a 2.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Coinbase Global Price Performance

Shares of COIN stock opened at $197.50 on Friday. The firm’s 50 day moving average price is $194.11 and its two-hundred day moving average price is $261.83. 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, Inc. has a 52-week low of $139.36 and a 52-week high of $444.64. The stock has a market cap of $52.16 billion, a PE ratio of 44.99, a PEG ratio of 3.57 and a beta of 3.70.

Coinbase Global (NASDAQ:COIN) last issued its earnings results on Thursday, February 12th. The cryptocurrency exchange reported $0.66 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 the consensus estimate of $1.86 billion. Coinbase Global had a net margin of 17.55% and a return on equity of 8.68%. The business’s revenue was down 21.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $4.68 EPS. As a group, analysts forecast that Coinbase Global, Inc. will post 7.22 EPS for the current year.

Coinbase Global News Summary

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

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft set a $250.00 target price on Coinbase Global in a research note on Friday, February 13th. Jefferies Financial Group lowered their price target on Coinbase Global from $268.00 to $151.00 and set a “hold” rating for the company in a research note on Friday, February 13th. Compass Point cut their price target on shares of Coinbase Global from $190.00 to $140.00 and set a “sell” rating on the stock in a research report on Friday, February 20th. Mizuho reduced their price objective on shares of Coinbase Global from $280.00 to $170.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 17th. Finally, UBS Group set a $264.00 price objective on shares of Coinbase Global in a report on Friday, February 13th. Nineteen 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. According to data from MarketBeat, Coinbase Global presently has a consensus rating of “Hold” and an average target price of $272.31.

Hedge Funds Weigh In On Coinbase Global

A number of large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in Coinbase Global by 8.3% in the 3rd quarter. Vanguard Group Inc. now owns 26,216,793 shares of the cryptocurrency exchange’s stock valued at $8,847,905,000 after acquiring an additional 2,007,930 shares in the last quarter. AEGON ASSET MANAGEMENT UK Plc bought a new position in shares of Coinbase Global during the 3rd quarter worth approximately $14,491,000. FengHe Fund Management Pte. Ltd. grew its stake in shares of Coinbase Global by 119.1% during the 3rd quarter. FengHe Fund Management Pte. Ltd. now owns 69,900 shares of the cryptocurrency exchange’s stock worth $23,591,000 after acquiring an additional 38,000 shares in the last quarter. Liontrust Investment Partners LLP raised its holdings in shares of Coinbase Global by 73.1% in the second 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 during the last quarter. Finally, Artisan Partners Limited Partnership bought a new stake in shares of Coinbase Global in the third quarter worth $224,663,000. Institutional investors own 68.84% of the company’s stock.

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.