Danske Bank A S Takes $37.52 Million Position in Coinbase Global, Inc. $COIN

Danske Bank A S acquired a new position in Coinbase Global, Inc. (NASDAQ:COIN) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 111,181 shares of the cryptocurrency exchange’s stock, valued at approximately $37,522,000.

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

Insider Activity at Coinbase Global

In other Coinbase Global news, CFO Alesia J. Haas sold 9,950 shares of Coinbase Global stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $201.60, for a total transaction of $2,005,920.00. Following the transaction, the chief financial officer directly owned 387,221 shares in the company, valued at approximately $78,063,753.60. The trade was a 2.51% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Frederick Ernest Ehrsam III sold 1,375 shares of the business’s stock in a transaction 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. In the last 90 days, insiders sold 478,120 shares of company stock worth $83,884,750. 16.56% of the stock is owned by corporate insiders.

Coinbase Global Trading Down 3.8%

Shares of COIN opened at $202.29 on Thursday. The business’s 50-day moving average price is $195.83 and its 200 day moving average price is $263.00. 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 stock has a market capitalization of $53.42 billion, a P/E ratio of 46.08, a P/E/G ratio of 3.70 and a beta of 3.70. Coinbase Global, Inc. has a 1-year low of $139.36 and a 1-year high of $444.64.

Coinbase Global (NASDAQ:COIN) last posted 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 net margin of 17.55% and a return on equity of 8.68%. The firm had revenue of $1.78 billion for the quarter, compared to analysts’ expectations of $1.86 billion. During the same period in the prior year, the company posted $4.68 earnings per share. Coinbase Global’s quarterly revenue was down 21.6% compared to the same quarter last year. Analysts expect that Coinbase Global, Inc. will post 7.22 earnings per share for the current year.

Wall Street Analysts Forecast Growth

COIN has been the topic of several research analyst reports. Erste Group Bank cut Coinbase Global from a “buy” rating to a “hold” rating in a research report on Thursday, November 20th. Piper Sandler decreased their target price on Coinbase Global from $270.00 to $150.00 and set a “neutral” rating for the company in a research note on Friday, February 13th. Oppenheimer lowered their target price on Coinbase Global from $381.00 to $370.00 and set an “outperform” rating on the stock in a report on Monday, January 12th. Citigroup dropped their price target on shares of Coinbase Global from $505.00 to $400.00 and set a “buy” rating on the stock in a research report on Friday, February 6th. Finally, Rothschild & Co Redburn cut their price target on shares of Coinbase Global from $288.00 to $277.00 in a report on Monday, March 9th. Nineteen research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, Coinbase Global has an average rating of “Hold” and a consensus target price of $272.17.

Trending Headlines about Coinbase Global

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

• Positive Sentiment: Coinbase’s x402 micropayments protocol was integrated into World’s new AgentKit, letting AI agents prove they are human‑backed and execute on‑chain micropayments—expands Coinbase’s developer, payments and AI-driven revenue opportunities beyond trading. Read More.
• Positive Sentiment: A Coinbase‑commissioned EY survey shows ~73% of institutions plan to increase crypto allocations and 74% expect price gains over 12 months—favors higher future ETP volume and regulated product demand on Coinbase’s platform. Read More.
• Positive Sentiment: Report that Coinbase is in talks (or eyeing) a large partnership with Bybit to scale derivatives and global reach—if credible, could materially expand Coinbase’s derivatives and international revenue. Read More.
• Neutral Sentiment: Analyst activity is mixed: Robert W. Baird raised its price target to $215 (from $165) but kept a “neutral” rating—provides some markup to fair value but not a buy endorsement. Read More.
• Neutral Sentiment: Coverage pieces highlight Coinbase’s “Everything Exchange” strategy and growing subscription/services revenue—positive narrative for long‑term diversification, but impact depends on execution and timelines. Read More.
• Negative Sentiment: Mastercard agreed to acquire stablecoin infrastructure firm BVNK for up to $1.8B after BVNK had reportedly been in talks with Coinbase (around $2B). Losing that deal may hurt Coinbase’s stablecoin/treasury expansion and is a near‑term competitive setback. Read More.
• Negative Sentiment: CFO Alesia Haas sold ~9,950 shares (~$2.0M)—insider sales can weigh on sentiment even if routine; the filing is public. Read More.
• Negative Sentiment: Zacks added COIN to a “Strong Sell” list—another negative signal that can pressure short‑term flows and sentiment. Read More.

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.