Park Avenue Securities LLC Acquires Shares of 3,028 Coinbase Global, Inc. $COIN

Park Avenue Securities LLC bought a new position in Coinbase Global, Inc. (NASDAQ:COIN) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 3,028 shares of the cryptocurrency exchange’s stock, valued at approximately $1,022,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Cadent Capital Advisors LLC boosted its stake in Coinbase Global by 1.0% in the 2nd quarter. Cadent Capital Advisors LLC now owns 3,162 shares of the cryptocurrency exchange’s stock worth $1,108,000 after purchasing an additional 30 shares in the last quarter. Ameriflex Group Inc. raised its holdings in Coinbase Global by 20.0% in the second quarter. Ameriflex Group Inc. now owns 180 shares of the cryptocurrency exchange’s stock worth $68,000 after buying an additional 30 shares during the last quarter. Capital Advisors Wealth Management LLC raised its holdings in Coinbase Global by 2.0% in the third quarter. Capital Advisors Wealth Management LLC now owns 1,549 shares of the cryptocurrency exchange’s stock worth $523,000 after buying an additional 30 shares during the last quarter. Elevation Wealth Partners LLC lifted its stake in shares of Coinbase Global by 37.6% in the third quarter. Elevation Wealth Partners LLC now owns 117 shares of the cryptocurrency exchange’s stock worth $39,000 after buying an additional 32 shares in the last quarter. Finally, Pettinga Financial Advisors LLC grew its holdings in shares of Coinbase Global by 2.6% during the second quarter. Pettinga Financial Advisors LLC now owns 1,321 shares of the cryptocurrency exchange’s stock valued at $463,000 after buying an additional 34 shares during the last quarter. 68.84% of the stock is currently owned by institutional investors.

Key Headlines Impacting Coinbase Global

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

• Positive Sentiment: Senate draft crypto framework lifts sentiment because it could provide clearer, nationwide rules for exchanges — a regulatory clarity outcome that investors often reward. Coinbase Stock Jumps: What’s Behind This Surge?
• Positive Sentiment: CEO Brian Armstrong’s public bullishness on tokenized stocks and other product expansions frames longer‑term revenue upside from new trading/custody services. Positive product narrative supports multiple revenue levers beyond spot trading. Coinbase CEO Brian Armstrong Details ‘Huge’ Prediction on Nascent Crypto Sector – Here’s His Outlook
• Positive Sentiment: Some analysts and investors view the pullback from multi‑hundred dollar highs as a buying opportunity; bullish analyst commentary (buy‑the‑dip cases) can attract capital on rebounds. Down 45% From Its Highs, This Analyst Thinks You Should Buy the Dip in Coinbase Stock
• Neutral Sentiment: Oppenheimer trimmed its price target slightly but left an outperform rating — mixed signal: longer runway acknowledged but shorter‑term valuation questions remain. Benzinga Coverage of Oppenheimer PT
• Neutral Sentiment: Competitive dynamics: Robinhood’s expansion into stock/crypto overlap raises competitive risk in trading and retail custody segments; watch product launches and fee mix. Robinhood Takes On Coinbase as Stock and Crypto Overlap
• Negative Sentiment: Stablecoin rewards are under intense Senate scrutiny; lawmakers and banking groups warn rewards could drain bank deposits. That scrutiny creates near‑term regulatory risk to a business line that contributed meaningfully to 2025 revenue. Coinbase Stock (COIN) in Focus as Stablecoin Rewards Face Senate Scrutiny
• Negative Sentiment: Coinbase has publicly threatened to withdraw support for the market‑structure/CLARITY bill if language restricts stablecoin rewards — a standoff that increases legislative uncertainty and could unsettle investors if the bill fails or forces business changes. Coinbase Threatens to Pull Support for Crypto Bill Over Stablecoin Rewards
• Negative Sentiment: Bernstein cut its price target and other coverage (e.g., Bernstein PT move reported on Yahoo Finance) signals some analyst caution — and exchange-linked BTC outflows reported from major exchanges can pressure trading volumes and fee revenue if crypto prices fall. Bernstein Lowers PT on Coinbase Global (COIN) Stock

Coinbase Global Stock Up 4.0%

Coinbase Global stock opened at $252.69 on Wednesday. Coinbase Global, Inc. has a one year low of $142.58 and a one year high of $444.64. The stock has a fifty day moving average of $260.52 and a 200 day moving average of $313.27. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.40 and a current ratio of 2.40. The stock has a market cap of $68.14 billion, a PE ratio of 21.86 and a beta of 3.70.

Coinbase Global (NASDAQ:COIN) last released its quarterly earnings results on Thursday, October 30th. The cryptocurrency exchange reported $1.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.04 by $0.40. Coinbase Global had a return on equity of 15.70% and a net margin of 41.99%.The business had revenue of $1.87 billion during the quarter, compared to the consensus estimate of $1.77 billion. During the same period in the previous year, the company posted $0.28 EPS. The business’s quarterly revenue was up 55.1% compared to the same quarter last year. As a group, sell-side analysts predict that Coinbase Global, Inc. will post 7.22 EPS for the current year.

Insider Buying and Selling at Coinbase Global

In other Coinbase Global news, CFO Alesia J. Haas sold 5,633 shares of the company’s stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $266.49, for a total transaction of $1,501,138.17. Following the completion of the sale, the chief financial officer directly owned 78,714 shares of the company’s stock, valued at approximately $20,976,493.86. This represents a 6.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Paul Grewal sold 976 shares of Coinbase Global stock in a transaction on Wednesday, November 26th. The stock was sold at an average price of $260.00, for a total transaction of $253,760.00. Following the transaction, the insider owned 74,835 shares in the company, valued at $19,457,100. This represents a 1.29% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 808,412 shares of company stock valued at $237,645,711. 16.56% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts recently issued reports on COIN shares. Mizuho set a $280.00 price objective on Coinbase Global in a research report on Tuesday, December 16th. Deutsche Bank Aktiengesellschaft initiated coverage on Coinbase Global in a research note on Wednesday, December 17th. They issued a “buy” rating and a $340.00 price target for the company. Argus reaffirmed a “hold” rating on shares of Coinbase Global in a research report on Tuesday, November 25th. Compass Point set a $230.00 target price on Coinbase Global in a research report on Monday, December 15th. Finally, Citigroup restated a “market outperform” rating on shares of Coinbase Global in a research note on Thursday, December 18th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Coinbase Global presently has a consensus rating of “Moderate Buy” and an average price target of $375.18.

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.