E. Ohman J or Asset Management AB Purchases New Shares in Coinbase Global, Inc. $COIN

E. Ohman J or Asset Management AB purchased a new position in Coinbase Global, Inc. (NASDAQ:COIN) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 5,072 shares of the cryptocurrency exchange’s stock, valued at approximately $1,147,000.

A number of other large investors also recently added to or reduced their stakes in COIN. Integrated Wealth Concepts LLC lifted its holdings in Coinbase Global by 24.2% during the first quarter. Integrated Wealth Concepts LLC now owns 2,119 shares of the cryptocurrency exchange’s stock valued at $365,000 after purchasing an additional 413 shares in the last quarter. Empowered Funds LLC increased its stake in shares of Coinbase Global by 25.8% during the first quarter. Empowered Funds LLC now owns 8,581 shares of the cryptocurrency exchange’s stock worth $1,478,000 after purchasing an additional 1,761 shares in the last quarter. Focus Partners Wealth raised its position in shares of Coinbase Global by 9.9% during the 1st quarter. Focus Partners Wealth now owns 5,202 shares of the cryptocurrency exchange’s stock worth $896,000 after purchasing an additional 467 shares during the last quarter. Sivia Capital Partners LLC acquired a new position in shares of Coinbase Global during the 2nd quarter worth about $285,000. Finally, TD Waterhouse Canada Inc. lifted its stake in Coinbase Global by 544.6% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 419 shares of the cryptocurrency exchange’s stock valued at $140,000 after buying an additional 354 shares in the last quarter. 68.84% of the stock is currently owned by institutional investors and hedge funds.

Coinbase Global Stock Up 0.0%

Shares of NASDAQ COIN opened at $181.10 on Thursday. The stock has a market cap of $47.82 billion, a PE ratio of 41.25, a P/E/G ratio of 3.13 and a beta of 3.70. The company has a current ratio of 2.34, a quick ratio of 2.34 and a debt-to-equity ratio of 0.40. Coinbase Global, Inc. has a 12-month low of $139.36 and a 12-month high of $444.64. The company has a 50-day moving average of $190.34 and a 200 day moving average of $259.13.

Coinbase Global (NASDAQ:COIN) last released 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 during the quarter, compared to analysts’ expectations of $1.86 billion. Coinbase Global had a return on equity of 8.68% and a net margin of 17.55%.The company’s revenue for the quarter was down 21.6% compared to the same quarter last year. During the same period last year, the business earned $4.68 earnings per share. As a group, sell-side analysts predict that Coinbase Global, Inc. will post 7.22 EPS for the current fiscal year.

Insider Activity at Coinbase Global

In related news, CFO Alesia J. Haas sold 9,950 shares of Coinbase Global stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $201.60, for a total transaction of $2,005,920.00. Following the transaction, the chief financial officer owned 387,221 shares in the company, valued at approximately $78,063,753.60. This trade represents a 2.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Frederick Ernest Ehrsam III sold 1,375 shares of the business’s stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $250.27, for a total value of $344,121.25. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 438,120 shares of company stock valued at $73,878,750. 16.56% of the stock is currently owned by insiders.

Trending Headlines about Coinbase Global

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

• Positive Sentiment: Coinbase expanded a strategic data partnership with Chainlink to stream institutional exchange data (order books, perp/futures, benchmarks) on‑chain via Chainlink DataLink — a product move that can broaden revenue channels, feed DeFi apps, and strengthen the Base ecosystem. Coinbase and Chainlink Bring Exchange Data Powering Billions In Trading Onchain For The First Time
• Neutral Sentiment: Coinbase co‑founder Fred Ehrsam was named to the White House advisory council on science & technology — positive for visibility and policymaker access but unlikely to change near‑term fundamentals. Trump advisory council draws Coinbase co-founder, tech leaders
• Negative Sentiment: The Senate’s revised CLARITY Act language would materially limit how exchanges distribute stablecoin yields (restrictions similar to banning bank‑like deposit products). That change directly threatens a fee/revenue opportunity for Coinbase and triggered investor selling across crypto stocks. The Bitcoin Coinbase Discount Is Back: History Says That Is Worth Watching
• Negative Sentiment: Coinbase reportedly told Senate offices it cannot support the latest CLARITY Act language — a sign that negotiations are fracturing and that regulatory risk for stablecoin services remains unresolved. That news was a proximate cause of the recent steep share decline. Coinbase again reportedly rejects support for CLARITY Act
• Negative Sentiment: Market reaction and analysis: Circle (USDC issuer) plunged on the CLARITY fears and Coinbase shares fell alongside it; analysts note the bill targets distribution of yield (which hurts Coinbase as a distributor) even if issuers’ reserve income remains. Expect near‑term volatility tied to legislative headlines. Circle plunged on CLARITY Act fears, but fundamentals unchanged — Bernstein
• Negative Sentiment: Weak US buying pressure signals (the negative Coinbase‑Binance premium) and uneven Bitcoin/ETH orderflow suggest U.S. retail/institutional demand is softer — a headwind for Coinbase’s core trading revenue if it persists. The Bitcoin Coinbase Discount Is Back: History Says That Is Worth Watching

Analyst Ratings Changes

Several research firms recently issued reports on COIN. 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. Weiss Ratings reissued a “hold (c)” rating on shares of Coinbase Global in a report on Friday, January 9th. Citigroup decreased their target price on Coinbase Global from $505.00 to $400.00 and set a “buy” rating on the stock in a research report on Friday, February 6th. Bank of America raised Coinbase Global from a “neutral” rating to a “buy” rating and set a $340.00 price target on the stock in a research note on Thursday, January 8th. Finally, Raymond James Financial reiterated a “market perform” rating on shares of Coinbase Global in a research report on Thursday, January 8th. Nineteen research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $272.31.

Coinbase Global Profile

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.