Alesia Haas Sells 10,020 Shares of Coinbase Global (NASDAQ:COIN) Stock

Coinbase Global, Inc. (NASDAQ:COIN) CFO Alesia Haas sold 10,020 shares of the business’s stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $200.00, for a total value of $2,004,000.00. Following the completion of the sale, the chief financial officer owned 397,171 shares of the company’s stock, valued at $79,434,200. This trade represents a 2.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Coinbase Global Trading Down 4.1%

Shares of COIN stock opened at $197.25 on Friday. Coinbase Global, Inc. has a 1-year low of $139.36 and a 1-year high of $444.64. The company has a market cap of $52.09 billion, a price-to-earnings ratio of 44.93, a PEG ratio of 2.83 and a beta of 3.70. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.34 and a quick ratio of 2.34. The stock has a 50 day simple moving average of $201.95 and a 200-day simple moving average of $269.02.

Coinbase Global (NASDAQ:COIN) last released its quarterly earnings results on Thursday, February 12th. The cryptocurrency exchange reported $0.66 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.17). The company had revenue of $1.78 billion during the quarter, compared to analyst estimates of $1.86 billion. Coinbase Global had a net margin of 17.55% and a return on equity of 8.68%. Coinbase Global’s revenue was down 21.6% compared to the same quarter last year. During the same period in the prior year, the business posted $4.68 EPS. On average, equities research analysts expect that Coinbase Global, Inc. will post 7.22 EPS for the current fiscal year.

Hedge Funds Weigh In On Coinbase Global

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Capital Advisors Wealth Management LLC raised its holdings in Coinbase Global by 2.0% in the 3rd quarter. Capital Advisors Wealth Management LLC now owns 1,549 shares of the cryptocurrency exchange’s stock valued at $523,000 after acquiring an additional 30 shares during the last quarter. Elevation Wealth Partners LLC boosted its holdings in shares of Coinbase Global by 37.6% during the 3rd quarter. Elevation Wealth Partners LLC now owns 117 shares of the cryptocurrency exchange’s stock worth $39,000 after purchasing an additional 32 shares during the last quarter. West Family Investments Inc. grew its position in shares of Coinbase Global by 3.3% in the third quarter. West Family Investments Inc. now owns 1,029 shares of the cryptocurrency exchange’s stock valued at $347,000 after purchasing an additional 33 shares in the last quarter. StoneX Group Inc. increased its holdings in shares of Coinbase Global by 1.8% in the second quarter. StoneX Group Inc. now owns 1,970 shares of the cryptocurrency exchange’s stock valued at $690,000 after purchasing an additional 34 shares during the last quarter. Finally, Forvis Mazars Wealth Advisors LLC increased its holdings in shares of Coinbase Global by 3.4% in the third quarter. Forvis Mazars Wealth Advisors LLC now owns 1,040 shares of the cryptocurrency exchange’s stock valued at $351,000 after purchasing an additional 34 shares during the last quarter. 68.84% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently commented on the stock. Zacks Research cut shares of Coinbase Global from a “hold” rating to a “strong sell” rating in a research note on Tuesday, February 17th. President Capital decreased their price target on shares of Coinbase Global from $472.00 to $236.00 and set a “buy” rating on the stock in a research note on Wednesday, February 25th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $440.00 price objective on shares of Coinbase Global in a report on Tuesday, January 6th. Citigroup cut their price objective on Coinbase Global from $505.00 to $400.00 and set a “buy” rating for the company in a research note on Friday, February 6th. Finally, Canaccord Genuity Group reduced their target price on Coinbase Global from $400.00 to $300.00 and set a “buy” rating for the company in a report on Friday, February 13th. Nineteen equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $270.87.

More Coinbase Global News

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.