Coinbase Global, Inc. $COIN Stock Holdings Lowered by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC cut its holdings in shares of Coinbase Global, Inc. (NASDAQ:COIN) by 14.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 198,947 shares of the cryptocurrency exchange’s stock after selling 32,681 shares during the period. Allspring Global Investments Holdings LLC owned approximately 0.07% of Coinbase Global worth $47,057,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. REAP Financial Group LLC bought a new position in shares of Coinbase Global in the third quarter valued at $25,000. Palisade Asset Management LLC bought a new stake in shares of Coinbase Global during the 3rd quarter worth $29,000. Salomon & Ludwin LLC boosted its stake in shares of Coinbase Global by 4,400.0% during the 3rd quarter. Salomon & Ludwin LLC now owns 90 shares of the cryptocurrency exchange’s stock worth $30,000 after acquiring an additional 88 shares in the last quarter. Foster Dykema Cabot & Partners LLC acquired a new position in shares of Coinbase Global in the 3rd quarter worth $35,000. Finally, Cloud Capital Management LLC acquired a new position in shares of Coinbase Global in the 3rd quarter worth $36,000. 68.84% of the stock is currently owned by institutional investors.

Key Coinbase Global News

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

• Positive Sentiment: Base roadmap: Coinbase’s Layer‑2 (Base) is prioritizing markets, stablecoins, faster settlement and support for AI agents — moves that could expand on‑chain revenue (trading, payment rails, developer activity) over time. Base joins Ethereum, Tron, others in betting big on AI agent future
• Positive Sentiment: Industry structural tailwind: reporting suggests crypto firms are getting permission to trade tokenized stocks and push into TradFi rails — a potential new product/volume growth avenue for Coinbase if regulatory clarity persists. Crypto Is Getting Closer to Upending The Stock Market. The Next Battle Comes Soon.
• Neutral Sentiment: Analyst action: Robert W. Baird trimmed its price target on COIN from $215 to $200 but kept a “neutral” rating — a modest negative signal on near‑term upside but not a sell verdict. Baird adjusts Coinbase Global price target to $200
• Neutral Sentiment: Media/market noise: Jim Cramer suggested buying Bitcoin rather than Coinbase, producing short‑term chatter and a small stock bounce — headline-driven moves that can amplify volatility but don’t alter fundamentals. Coinbase stock up slightly after Jim Cramer
• Neutral Sentiment: Ecosystem spinouts: ex‑Stripe/Coinbase engineers raised $8M for Latitude (stablecoin‑based global payouts) — signals of ecosystem innovation that could both complement and compete with parts of Coinbase’s payments ambitions. Former Stripe and Coinbase employees raise $8M for Latitude
• Negative Sentiment: Macro & crypto weakness: on‑chain analysts warn Bitcoin could fall toward its realized price (~$54k), whales have been moving BTC to exchanges, and institutional demand indicators (Coinbase Premium) have weakened — headwinds that reduce trading volumes and fee revenue for Coinbase. Bitcoin Below $54K Would Signal Best Accumulation Zone
• Negative Sentiment: Technical/valuation caution: several commentators call the recent COIN rebound a potential “bull trap” tied to macro headlines rather than improving fundamentals; combined with Coinbase’s recent earnings miss (lower EPS/revenue vs. expectations), this raises skepticism on near‑term multiple expansion. Coinbase stock price is rising: Here’s why this is a bull trap

Coinbase Global Stock Down 0.9%

NASDAQ:COIN opened at $172.99 on Thursday. The firm has a market capitalization of $45.68 billion, a price-to-earnings ratio of 39.41, a PEG ratio of 3.02 and a beta of 3.60. Coinbase Global, Inc. has a 1-year low of $139.36 and a 1-year high of $444.64. The company has a current ratio of 2.34, a quick ratio of 2.34 and a debt-to-equity ratio of 0.40. The business’s fifty day moving average price is $183.67 and its 200 day moving average price is $253.95.

Coinbase Global (NASDAQ:COIN) last announced its quarterly earnings data on Thursday, February 12th. The cryptocurrency exchange reported $0.66 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 business 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 business posted $4.68 earnings per share. The company’s revenue was down 21.6% compared to the same quarter last year. On average, sell-side analysts forecast that Coinbase Global, Inc. will post 7.22 earnings per share for the current fiscal year.

Insider Transactions at Coinbase Global

In related news, CEO Brian Armstrong sold 40,000 shares of the firm’s 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 legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Frederick Ernest Ehrsam III sold 1,375 shares of the business’s stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $250.27, for a total transaction of $344,121.25. The disclosure for this sale is available in the SEC filing. Insiders sold 438,120 shares of company stock valued at $73,878,750 over the last three months. 16.56% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on COIN shares. Jefferies Financial Group reduced their target price on Coinbase Global from $268.00 to $151.00 and set a “hold” rating for the company in a report on Friday, February 13th. Monness Crespi & Hardt cut Coinbase Global from a “hold” rating to a “sell” rating in a research note on Monday, February 23rd. Oppenheimer cut their price objective on Coinbase Global from $381.00 to $370.00 and set an “outperform” rating on the stock in a report on Monday, January 12th. Rosenblatt Securities reduced their price objective on shares of 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, Sanford C. Bernstein decreased their target price on shares of Coinbase Global from $440.00 to $330.00 and set an “outperform” rating for the company in a report on Monday. Nineteen investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $266.97.

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.