Coinbase Global (NASDAQ:COIN) Director Frederick Ernest Ehrsam III Sells 2,750 Shares of Stock

Coinbase Global, Inc. (NASDAQ:COIN) Director Frederick Ernest Ehrsam III sold 2,750 shares of the stock in a transaction dated Wednesday, January 14th. The stock was sold at an average price of $260.09, for a total value of $715,247.50. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Frederick Ernest Ehrsam III also recently made the following trade(s):

• On Thursday, January 15th, Frederick Ernest Ehrsam III sold 1,375 shares of Coinbase Global stock. The shares were sold at an average price of $250.27, for a total value of $344,121.25.
• On Monday, January 5th, Frederick Ernest Ehrsam III sold 1,375 shares of Coinbase Global stock. The shares were sold at an average price of $250.03, for a total transaction of $343,791.25.
• On Thursday, December 18th, Frederick Ernest Ehrsam III sold 1,375 shares of Coinbase Global stock. The stock was sold at an average price of $252.82, for a total transaction of $347,627.50.
• On Tuesday, December 9th, Frederick Ernest Ehrsam III sold 2,750 shares of Coinbase Global stock. The stock was sold at an average price of $280.27, for a total transaction of $770,742.50.
• On Thursday, December 4th, Frederick Ernest Ehrsam III sold 4,125 shares of Coinbase Global stock. The shares were sold at an average price of $274.06, for a total transaction of $1,130,497.50.
• On Thursday, November 20th, Frederick Ernest Ehrsam III sold 2,750 shares of Coinbase Global stock. The stock was sold at an average price of $260.33, for a total transaction of $715,907.50.
• On Monday, November 10th, Frederick Ernest Ehrsam III sold 55,688 shares of Coinbase Global stock. The stock was sold at an average price of $321.81, for a total transaction of $17,920,955.28.
• On Friday, November 7th, Frederick Ernest Ehrsam III sold 19,927 shares of Coinbase Global stock. The shares were sold at an average price of $288.77, for a total transaction of $5,754,319.79.
• On Thursday, November 6th, Frederick Ernest Ehrsam III sold 277,074 shares of Coinbase Global stock. The shares were sold at an average price of $309.92, for a total transaction of $85,870,774.08.

Coinbase Global Trading Up 0.8%

COIN stock opened at $241.15 on Friday. The company has a quick ratio of 2.40, a current ratio of 2.40 and a debt-to-equity ratio of 0.37. The company has a market cap of $65.02 billion, a price-to-earnings ratio of 20.86 and a beta of 3.70. The business has a fifty day simple moving average of $256.77 and a 200-day simple moving average of $311.60. Coinbase Global, Inc. has a 52 week low of $142.58 and a 52 week high of $444.64.

Coinbase Global (NASDAQ:COIN) last issued its earnings results on Thursday, October 30th. The cryptocurrency exchange reported $1.44 earnings per share for the quarter, beating analysts’ consensus estimates of $1.04 by $0.40. The firm had revenue of $1.87 billion for the quarter, compared to analysts’ expectations of $1.77 billion. Coinbase Global had a return on equity of 15.70% and a net margin of 41.99%.The firm’s revenue for the quarter was up 55.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.28 earnings per share. On average, equities research analysts expect that Coinbase Global, Inc. will post 7.22 EPS for the current year.

Hedge Funds Weigh In On Coinbase Global

A number of institutional investors have recently added to or reduced their stakes in COIN. Integrated Wealth Concepts LLC increased its position in shares of Coinbase Global by 24.2% during the first quarter. Integrated Wealth Concepts LLC now owns 2,119 shares of the cryptocurrency exchange’s stock worth $365,000 after acquiring an additional 413 shares during the last quarter. Empowered Funds LLC increased its holdings in Coinbase Global by 25.8% during the 1st 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 during the last quarter. Focus Partners Wealth raised its position in shares of Coinbase Global by 9.9% in the 1st quarter. Focus Partners Wealth now owns 5,202 shares of the cryptocurrency exchange’s stock valued at $896,000 after purchasing an additional 467 shares in the last quarter. Inspire Investing LLC raised its position in shares of Coinbase Global by 71.4% in the 1st quarter. Inspire Investing LLC now owns 1,789 shares of the cryptocurrency exchange’s stock valued at $308,000 after purchasing an additional 745 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB boosted its stake in shares of Coinbase Global by 225.4% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 423 shares of the cryptocurrency exchange’s stock valued at $148,000 after buying an additional 293 shares during the last quarter. Institutional investors and hedge funds own 68.84% of the company’s stock.

Key Coinbase Global News

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

• Positive Sentiment: CEO Brian Armstrong has actively lobbied to preserve stablecoin rewards and says the stalled Senate markup can be rescheduled — a sign management is defending key revenue drivers and continuing negotiations with lawmakers. Article Title
• Positive Sentiment: Some sell-side support remains: China Renaissance kept a buy rating (while lowering its PT), and Daiwa reaffirmed a buy — indicating some analysts still see upside over the medium term. Article Title
• Neutral Sentiment: Wider coverage frames Coinbase as exercising influence in Washington; CEO statements and profiles (NYT, Fortune) reinforce the company’s strategic positioning even as regulatory uncertainty lingers. Article Title
• Negative Sentiment: Coinbase pulled support for the CLARITY/market-structure bill, triggering a postponed Senate markup and a sharp selloff across crypto-related stocks — this increases near-term regulatory uncertainty and investor risk. Article Title
• Negative Sentiment: Insider selling: CFO Alesia Haas sold 8,050 shares (~$2.01M) and director Frederick Ehrsam sold multiple blocks (1,375 and 2,750 shares) in mid-January — visible insider exits that can hurt sentiment. SEC filings disclosed the trades. CFO Form 4 Director Form 4
• Negative Sentiment: Market positioning and analyst moves: Jefferies cut its price target to $268 (hold), and other firms trimmed targets — tighter analyst expectations increase near-term downside risk. Article Title
• Negative Sentiment: Options and flow signal rising bearish bets: unusually large put volume (≈354,875 puts) indicates elevated short/bearish positioning and hedging activity. No link provided

Analyst Upgrades and Downgrades

COIN has been the subject of a number of research analyst reports. Raymond James Financial reissued a “market perform” rating on shares of Coinbase Global in a research report on Thursday, January 8th. Needham & Company LLC dropped their price objective on shares of Coinbase Global from $400.00 to $290.00 and set a “buy” rating for the company in a research report on Monday, December 29th. B. Riley raised their target price on shares of Coinbase Global from $185.00 to $243.00 and gave the company a “neutral” rating in a research note on Monday, November 3rd. Erste Group Bank lowered shares of Coinbase Global from a “buy” rating to a “hold” rating in a report on Thursday, November 20th. Finally, Redburn Partners set a $417.00 price target on shares of Coinbase Global in a research report on Friday, October 3rd. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $362.72.

Coinbase Global Company 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.