American Century Companies Inc. Purchases 10,273 Shares of Coinbase Global, Inc. $COIN

American Century Companies Inc. boosted its position in Coinbase Global, Inc. (NASDAQ:COIN) by 8.3% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 133,544 shares of the cryptocurrency exchange’s stock after purchasing an additional 10,273 shares during the period. American Century Companies Inc.’s holdings in Coinbase Global were worth $45,070,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. REAP Financial Group LLC purchased a new position in shares of Coinbase Global in the 3rd quarter worth approximately $25,000. Evelyn Partners Investment Management Europe Ltd grew its holdings in shares of Coinbase Global by 92.3% in the second quarter. Evelyn Partners Investment Management Europe Ltd now owns 75 shares of the cryptocurrency exchange’s stock valued at $29,000 after acquiring an additional 36 shares in the last quarter. Salomon & Ludwin LLC increased its position in shares of Coinbase Global by 4,400.0% during the third 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 last quarter. Financial Gravity Companies Inc. bought a new stake in Coinbase Global during the second quarter worth $34,000. Finally, MV Capital Management Inc. lifted its holdings in Coinbase Global by 215.6% during the second quarter. MV Capital Management Inc. now owns 101 shares of the cryptocurrency exchange’s stock worth $35,000 after acquiring an additional 69 shares during the period. Hedge funds and other institutional investors own 68.84% of the company’s stock.

Coinbase Global Trading Down 4.1%

Shares of Coinbase Global stock opened at $197.25 on Friday. The stock has a market capitalization of $52.09 billion, a P/E ratio of 44.93, a P/E/G ratio of 2.95 and a beta of 3.70. Coinbase Global, Inc. has a 52-week low of $139.36 and a 52-week high of $444.64. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.34 and a current ratio of 2.34. The stock’s 50-day simple moving average is $201.95 and its 200 day simple moving average is $269.25.

Coinbase Global (NASDAQ:COIN) last issued its earnings results on Thursday, February 12th. The cryptocurrency exchange reported $0.66 earnings per share for the quarter, missing analysts’ consensus estimates 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 return on equity of 8.68% and a net margin of 17.55%.Coinbase Global’s revenue for the quarter was down 21.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $4.68 EPS. As a group, research analysts anticipate that Coinbase Global, Inc. will post 7.22 EPS for the current year.

Insider Activity at Coinbase Global

In related news, Director Frederick Ernest Ehrsam III sold 1,375 shares of the firm’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 value of $344,121.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Brian Armstrong sold 40,000 shares of Coinbase Global 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. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 519,670 shares of company stock worth $95,919,594. 16.56% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Monness Crespi & Hardt downgraded Coinbase Global from a “hold” rating to a “sell” rating in a research note on Monday, February 23rd. Deutsche Bank Aktiengesellschaft set a $250.00 target price on Coinbase Global 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 report on Friday, February 20th. Rosenblatt Securities reduced their price target on shares of Coinbase Global from $325.00 to $240.00 and set a “buy” rating for the company in a research report on Friday, February 13th. Finally, Rothschild & Co Redburn lowered their price objective on shares of Coinbase Global from $403.00 to $288.00 and set a “buy” rating on the stock in a research report on Wednesday, February 18th. Nineteen research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Coinbase Global has an average rating of “Hold” and a consensus price target of $270.87.

Key Stories Impacting Coinbase Global

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

• Positive Sentiment: High‑profile political support: CEO Brian Armstrong met privately with former President Trump, who publicly voiced backing for crypto-friendly legislation (the CLARITY Act). That endorsement helped spark a mid‑week rally in crypto prices and COIN shares. Article Title
• Positive Sentiment: Bullish analyst action: Goldman Sachs raised its COIN price target to $270 and kept a “buy” rating, giving institutional validation for upside if crypto volumes and regulation improve. Article Title
• Positive Sentiment: Institutional product expansion: Coinbase Prime now offers CFTC‑regulated futures and unified cross‑margin trading via Coinbase Financial Markets (leveraging Deribit capabilities), which should deepen institutional flow and fee opportunity. Article Title
• Neutral Sentiment: Crypto market tailwinds: Bitcoin rallied (ETF inflows and a short squeeze dynamic), lifting crypto‑linked equities and potentially increasing Coinbase trading volumes and custody demand — a near‑term positive for revenue if sustained. Article Title
• Negative Sentiment: New shareholder derivative lawsuit: A plaintiff filed a derivative suit naming CEO Brian Armstrong and other directors/executives (alleging oversight failures and disclosure issues). This raises potential legal costs, governance risk and investor uncertainty. Article Title
• Negative Sentiment: Insider selling / governance headlines: Coinbase CLO and other senior insiders sold shares ahead of or around the timing of legal actions; CFO Alesia Haas sold ~10,020 shares (filed with the SEC), which investors often view as a negative governance signal even when sales are routine. Article Title and Article Title
• Negative Sentiment: Regulatory uncertainty on stablecoins: Ongoing Senate fights over stablecoin yield rules have already pushed Coinbase to withdraw support for certain bill language. A stalled or unfavorable market‑structure bill could limit new product opportunities (e.g., high‑yield stablecoin programs). Article Title
• Negative Sentiment: Recent fundamentals: Coinbase missed Q4 revenue and EPS estimates (revenue down y/y, EPS miss), a reminder that elevated crypto prices don’t immediately erase prior weakness in top‑line growth and analyst skepticism. (See company Q4 report and analyst commentary.)

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.