Alesia Haas Sells 364,600 Shares of Coinbase Global (NASDAQ:COIN) Stock

Coinbase Global, Inc. (NASDAQ:COIN) CFO Alesia Haas sold 364,600 shares of the business’s stock in a transaction dated Friday, February 6th. The shares were 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 $62,315,466.75. This 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 available at this link.

Coinbase Global Stock Performance

NASDAQ:COIN opened at $153.20 on Thursday. Coinbase Global, Inc. has a 12-month low of $142.58 and a 12-month high of $444.64. The company has a quick ratio of 2.40, a current ratio of 2.40 and a debt-to-equity ratio of 0.37. The firm has a 50-day moving average price of $229.25 and a 200 day moving average price of $287.32. The firm has a market capitalization of $41.31 billion, a PE ratio of 13.25 and a beta of 3.70.

Trending Headlines about Coinbase Global

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

• Positive Sentiment: Coinbase launched “Agentic Wallets,” wallet infrastructure that lets autonomous AI agents hold, spend and trade crypto on users’ behalf — a product innovation that could open new revenue channels (agent-driven trading, payments for compute/APIs and DeFi automation). Cointelegraph — Agentic Wallets
• Positive Sentiment: Interactive Brokers added Coinbase Derivatives nano/perpetual futures to its platform — expands distribution for Coinbase’s derivatives product and could boost fee revenue if adoption scales. FinancialPost — IBKR launch
• Neutral Sentiment: Options market implies a sizable post-earnings move (expected volatility) ahead of COIN’s Q4 report — suggests traders expect big surprises but does not indicate direction. TipRanks — options implied move
• Neutral Sentiment: Coinbase is refocusing its Base App away from social/rewards toward a trading-first product — a cost/strategy pivot that could improve unit economics but narrows the “everything app” vision. Blockonomi — Base App pivot
• Negative Sentiment: Major analyst target cuts (JPMorgan cut PT to $290; Cantor Fitzgerald and others trimmed targets) have increased selling pressure into earnings — large pre-earnings downgrades can amplify downside. Blockonomi — JPMorgan cut
• Negative Sentiment: CFO Alesia Haas sold ~364,600 shares (~$56M) in early February — a high-profile insider sale that markets often view negatively despite possible non-fundamental reasons. SEC Form 4 — Haas sale
• Negative Sentiment: Bitcoin price pullback and reported spot-led selling reduced trading activity and removed the U.S. Coinbase premium — weaker crypto markets directly pressure Coinbase transaction revenue ahead of reported Q4 results. Cointelegraph — BTC volatility
• Negative Sentiment: Public skepticism and competitive pressure (comments from high-profile investors, Jim Cramer avoiding COIN, and data showing rivals outpacing Coinbase in some metrics) raise near-term risk to growth and market share. Yahoo Finance — competition

Institutional Trading of Coinbase Global

Several large investors have recently bought and sold shares of the business. Bessemer Group Inc. lifted its position in shares of Coinbase Global by 672.2% during the 2nd quarter. Bessemer Group Inc. now owns 1,166 shares of the cryptocurrency exchange’s stock valued at $408,000 after acquiring an additional 1,015 shares during the period. SP Asset Management LLC bought a new stake in Coinbase Global during the second quarter worth $360,000. New York Life Investment Management LLC boosted its holdings in shares of Coinbase Global by 890.8% in the 2nd quarter. New York Life Investment Management LLC now owns 31,479 shares of the cryptocurrency exchange’s stock valued at $11,033,000 after purchasing an additional 28,302 shares in the last quarter. Atria Investments Inc bought a new position in shares of Coinbase Global in the 2nd quarter valued at $1,137,000. Finally, FengHe Fund Management Pte. Ltd. raised its holdings 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 buying an additional 38,000 shares in the last quarter. Hedge funds and other institutional investors own 68.84% of the company’s stock.

Analyst Upgrades and Downgrades

COIN has been the topic of a number of recent analyst reports. The Goldman Sachs Group boosted their price objective on Coinbase Global from $303.00 to $310.00 and gave the stock a “buy” rating in a research note on Tuesday, January 20th. Robert W. Baird set a $240.00 price target on shares of Coinbase Global and gave the stock a “neutral” rating in a research report on Tuesday, January 27th. HC Wainwright reduced their price objective on shares of Coinbase Global from $425.00 to $350.00 and set a “buy” rating on the stock in a research note on Wednesday. JPMorgan Chase & Co. lowered their target price on shares of Coinbase Global from $399.00 to $290.00 and set an “overweight” rating for the company in a report on Tuesday. Finally, Mizuho set a $280.00 price target on Coinbase Global in a research report on Tuesday, December 16th. Twenty analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $340.08.

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.