Clear Creek Financial Management LLC lessened its holdings in Coinbase Global, Inc. (NASDAQ:COIN) by 68.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,239 shares of the cryptocurrency exchange’s stock after selling 4,882 shares during the period. Clear Creek Financial Management LLC’s holdings in Coinbase Global were worth $506,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also added to or reduced their stakes in the company. REAP Financial Group LLC bought a new stake in Coinbase Global in the 3rd quarter valued at $25,000. Palisade Asset Management LLC bought a new stake in Coinbase Global in the 3rd quarter valued at $29,000. Salomon & Ludwin LLC raised its stake in Coinbase Global by 4,400.0% in the 3rd quarter. Salomon & Ludwin LLC now owns 90 shares of the cryptocurrency exchange’s stock valued at $30,000 after acquiring an additional 88 shares during the period. Foster Dykema Cabot & Partners LLC bought a new stake in Coinbase Global in the 3rd quarter valued at $35,000. Finally, Cloud Capital Management LLC bought a new stake in Coinbase Global in the 3rd quarter valued at $36,000. Institutional investors own 68.84% of the company’s stock.
Coinbase Global Price Performance
Shares of COIN opened at $167.85 on Monday. Coinbase Global, Inc. has a 12 month low of $139.36 and a 12 month high of $444.64. The firm’s 50 day moving average is $178.41 and its 200-day moving average is $245.67. The stock has a market capitalization of $44.33 billion, a PE ratio of 38.23, a P/E/G ratio of 3.73 and a beta of 3.60. The company has a current ratio of 2.34, a quick ratio of 2.34 and a debt-to-equity ratio of 0.40.
Insiders Place Their Bets
In related news, CFO Alesia J. Haas sold 364,600 shares of the firm’s stock in a transaction on Friday, February 6th. The stock was 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 in the company, valued at approximately $62,315,466.75. This trade represents a 47.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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 stock was sold at an average price of $260.09, for a total value of $715,247.50. The SEC filing for this sale provides additional information. Insiders sold 396,745 shares of company stock worth $63,576,559 in the last 90 days. 16.56% of the stock is owned by company insiders.
Analyst Ratings Changes
A number of research firms recently weighed in on COIN. JPMorgan Chase & Co. dropped their price target on Coinbase Global from $399.00 to $290.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 10th. Rothschild & Co Redburn dropped their price target on Coinbase Global from $281.00 to $254.00 and set a “buy” rating on the stock in a research note on Thursday, April 2nd. The Goldman Sachs Group decreased their price objective on Coinbase Global from $235.00 to $225.00 and set a “buy” rating on the stock in a report on Wednesday, April 8th. Compass Point decreased their price objective on Coinbase Global from $190.00 to $140.00 and set a “sell” rating on the stock in a report on Friday, February 20th. Finally, Canaccord Genuity Group decreased their price objective on Coinbase Global from $400.00 to $300.00 and set a “buy” rating on the stock in a report on Friday, February 13th. Nineteen investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $260.11.
Get Our Latest Stock Analysis on COIN
Key Headlines Impacting Coinbase Global
Here are the key news stories impacting Coinbase Global this week:
- Positive Sentiment: CEO Brian Armstrong publicly reversed course and now supports passage of the CLARITY Act, reducing a major source of regulatory uncertainty that could improve institutional participation and listings in the U.S. Coinbase CEO backs US Treasury Secretary‘s push to pass CLARITY Act
- Positive Sentiment: Coinbase Australia received an Australian Financial Services Licence (AFSL), enabling crypto and equity perpetuals (and later futures/options) — a clear expansion path to capture fee pools outside the U.S. Coinbase Gains AFSL, Strengthens Australia Expansion Push
- Positive Sentiment: Product/platorm revenue optionality: Coinbase upgraded its x402 protocol to support usage-based AI payments (Upto), enabling gasless, usage-priced flows that can open new developer & payments revenue streams. x402 protocol adds usage-based pricing for AI compute requests
- Positive Sentiment: Asset-management expansion: Coinbase Asset Management co-launched a Bitcoin–tokenized-gold index (Store of Value Index), broadening institutional product offerings. This can boost AUM and fee diversification over time. MarketVector Indexes and Coinbase Asset Management Launch the Coinbase Store of Value Index (COINSOV)
- Positive Sentiment: Broker/analyst moves: Jefferies raised its price target (to $181) and some analysts (e.g., Citizens JMP) remain bullish on COIN despite trimming targets — signaling pockets of confidence among institutional analysts. Jefferies adjusts price target on Coinbase Global to $181
- Neutral Sentiment: Data oddity: reported short interest shows effectively zero days-to-cover — likely a reporting artifact rather than a material flow; monitor for updated filings. (internal short-interest report)
- Neutral Sentiment: Behavioral shift: some retail traders are migrating to prediction/derivatives venues (Kalshi/Polymarket), which could change retail order flow patterns but isn’t an immediate revenue read. Coinbase’s retail traders haven’t left the market
- Negative Sentiment: Analyst downgrades and caution: Barclays and other firms cut ratings or lowered outlooks, flagging weaker 2026 crypto market start and profitability concerns — headwinds for sentiment and near-term multiple compression. Coinbase Global (NASDAQ:COIN) Rating Lowered to “Underweight” at Barclays
- Negative Sentiment: Macro/volume risk: spot crypto volumes fell in March (broad-based decline); lower spot trading typically reduces exchange trading fees — a direct revenue headwind for COIN until volumes rebound. Spot Crypto Volumes Drop Nearly 20% in March
About Coinbase Global
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.
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