Coinbase Global, Inc. $COIN Shares Purchased by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Coinbase Global, Inc. (NASDAQ:COIN) by 23.9% in the 3rd quarter, Holdings Channel reports. The fund owned 46,595 shares of the cryptocurrency exchange’s stock after acquiring an additional 8,995 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Coinbase Global were worth $15,725,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Evelyn Partners Investment Management Europe Ltd grew its stake in Coinbase Global by 92.3% during the 2nd quarter. Evelyn Partners Investment Management Europe Ltd now owns 75 shares of the cryptocurrency exchange’s stock valued at $29,000 after purchasing an additional 36 shares in the last quarter. Cullen Frost Bankers Inc. purchased a new position in shares of Coinbase Global during the 2nd quarter valued at approximately $30,000. Salomon & Ludwin LLC grew its position in shares of Coinbase Global by 4,400.0% during the third quarter. Salomon & Ludwin LLC now owns 90 shares of the cryptocurrency exchange’s stock worth $30,000 after buying an additional 88 shares in the last quarter. City State Bank bought a new stake in shares of Coinbase Global in the second quarter worth $33,000. Finally, Financial Gravity Companies Inc. acquired a new stake in Coinbase Global in the second quarter valued at $34,000. 68.84% of the stock is owned by hedge funds and other institutional investors.

Coinbase Global Stock Performance

Shares of COIN stock opened at $194.74 on Friday. The company has a market cap of $52.51 billion, a P/E ratio of 16.85 and a beta of 3.70. The business has a 50 day moving average of $244.95 and a two-hundred day moving average of $301.23. Coinbase Global, Inc. has a 52 week low of $142.58 and a 52 week high of $444.64. The company has a quick ratio of 2.40, a current ratio of 2.40 and a debt-to-equity ratio of 0.37.

Coinbase Global (NASDAQ:COIN) last announced its quarterly earnings results on Thursday, October 30th. The cryptocurrency exchange reported $1.44 earnings per share (EPS) for the quarter, topping the consensus estimate 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 for the quarter, compared to the consensus estimate of $1.77 billion. During the same quarter last year, the business posted $0.28 EPS. The business’s revenue was up 55.1% on a year-over-year basis. As a group, analysts anticipate that Coinbase Global, Inc. will post 7.22 EPS for the current year.

Key Stories Impacting Coinbase Global

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

• Positive Sentiment: Launched regulated prediction markets nationwide via a Kalshi partnership, opening a new retail trading product that can diversify fee revenue beyond spot crypto. Coinbase Turns Forecasting Into a Trade With New US Prediction Markets
• Positive Sentiment: Integrated Jupiter on Solana to give Coinbase users direct access to millions of Solana tokens, lowering listing friction and expanding product breadth for on‑chain trading. Coinbase Integrates Jupiter Exchange for Direct Access to Millions of Solana Tokens
• Positive Sentiment: Coinbase Ventures backing of Sats Terminal (a Bitcoin super app) signals continued venture activity and ecosystem exposure that could feed future product synergies. Never Sell Your Bitcoin: Sats Terminal Founders
• Positive Sentiment: Analyst pieces highlighting Coinbase’s expansion into services and M&A (COIN vs ICE) reinforce the bull case that the firm is pushing beyond trading revenue. COIN vs. ICE: Which Financial Markets Stock is the Better Buy Now?
• Neutral Sentiment: Cantor Fitzgerald initiated coverage on COIN and Piper Sandler maintained a neutral stance after trimming price targets—mixed analyst attention that adds liquidity to the stock narrative but no clear directional sway. Cantor Fitzgerald Initiates Coverage on Coinbase Global
• Neutral Sentiment: Deribit (Coinbase‑owned derivatives exchange) noted heavy options positioning keeping BTC rangebound, a technical factor that can limit short‑term volatility but also constrain volume spikes. Crypto options activity is keeping Bitcoin stuck near $90,000
• Negative Sentiment: CEO Brian Armstrong publicly pulled support for a major U.S. crypto market-structure bill and reportedly clashed with JPMorgan’s Jamie Dimon at Davos—heightening regulatory and political friction that could slow favorable legislation and raise reputational risk. Coinbase, JPMorgan CEOs clashed over market structure bill at Davos: Report
• Negative Sentiment: Bitcoin plunged to ~ $81k, triggering ~$1.7B in liquidations—crypto price crashes typically reduce Coinbase’s trading volumes and fee revenue, which is the primary near‑term driver of COIN earnings. Bitcoin falls to $81K, triggering $1.7B in liquidations
• Negative Sentiment: UK advertising watchdog reportedly banned Coinbase ads for downplaying risks, a regulatory reprimand that can hurt brand trust and marketing effectiveness in a key market. UK regulators ban Coinbase ads (coverage)
• Negative Sentiment: Critical press and analyst notes (Forbes, price‑target cuts) highlighting a recent market cap decline and technical sell signals (death cross) are amplifying negative investor sentiment and momentum selling. Coinbase Crumbles: Is The Downgrade Justified?

Wall Street Analyst Weigh In

COIN has been the subject of several recent analyst reports. HC Wainwright raised shares of Coinbase Global from a “sell” rating to a “buy” rating and raised their price objective for the stock from $300.00 to $425.00 in a report on Thursday, October 30th. Cantor Fitzgerald initiated coverage on Coinbase Global in a research note on Tuesday. They issued an “overweight” rating and a $277.00 price target for the company. Redburn Partners set a $417.00 price objective on Coinbase Global in a report on Friday, October 3rd. JPMorgan Chase & Co. reduced their target price on Coinbase Global from $404.00 to $399.00 and set an “overweight” rating on the stock in a report on Friday, October 31st. Finally, Jefferies Financial Group decreased their target price on Coinbase Global from $367.00 to $268.00 and set a “hold” rating for the company in a research report on Monday, January 12th. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Coinbase Global has an average rating of “Moderate Buy” and an average target price of $356.27.

Insiders Place Their Bets

In other news, Director Frederick Ernest Ehrsam III sold 1,375 shares of the company’s stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $250.27, for a total transaction of $344,121.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Alesia J. Haas sold 8,050 shares of Coinbase Global stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $250.00, for a total transaction of $2,012,500.00. Following the completion of the sale, the chief financial officer owned 70,664 shares in the company, valued at approximately $17,666,000. This represents a 10.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 820,587 shares of company stock valued at $240,717,580 over the last three months. Company insiders own 16.56% of the company’s stock.

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.