Schroder Investment Management Group Has $40.01 Million Position in Coinbase Global, Inc. $COIN

Schroder Investment Management Group lessened its stake in Coinbase Global, Inc. (NASDAQ:COIN) by 10.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 119,807 shares of the cryptocurrency exchange’s stock after selling 13,684 shares during the period. Schroder Investment Management Group’s holdings in Coinbase Global were worth $40,014,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in COIN. Vanguard Group Inc. lifted its position in Coinbase Global by 8.3% in the third quarter. Vanguard Group Inc. now owns 26,216,793 shares of the cryptocurrency exchange’s stock worth $8,847,905,000 after purchasing an additional 2,007,930 shares during the period. AEGON ASSET MANAGEMENT UK Plc bought a new stake in Coinbase Global in the 3rd quarter valued at $14,491,000. FengHe Fund Management Pte. Ltd. increased its holdings in Coinbase Global by 119.1% in the 3rd quarter. FengHe Fund Management Pte. Ltd. now owns 69,900 shares of the cryptocurrency exchange’s stock valued at $23,591,000 after buying an additional 38,000 shares during the period. Liontrust Investment Partners LLP raised its stake in shares of Coinbase Global by 73.1% in the 2nd quarter. Liontrust Investment Partners LLP now owns 83,058 shares of the cryptocurrency exchange’s stock valued at $29,111,000 after buying an additional 35,068 shares in the last quarter. Finally, Czech National Bank raised its stake in shares of Coinbase Global by 11.0% in the 3rd quarter. Czech National Bank now owns 57,439 shares of the cryptocurrency exchange’s stock valued at $19,385,000 after buying an additional 5,707 shares in the last quarter. 68.84% of the stock is owned by institutional investors and hedge funds.

Coinbase Global Stock Up 1.1%

COIN opened at $198.67 on Thursday. The firm’s 50-day simple moving average is $200.02 and its 200-day simple moving average is $266.71. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.34 and a current ratio of 2.34. Coinbase Global, Inc. has a twelve month low of $139.36 and a twelve month high of $444.64. The firm has a market cap of $52.46 billion, a price-to-earnings ratio of 45.26, a PEG ratio of 3.46 and a beta of 3.70.

Coinbase Global (NASDAQ:COIN) last announced its quarterly earnings results on Thursday, February 12th. The cryptocurrency exchange reported $0.66 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.83 by ($0.17). The firm had revenue of $1.78 billion for the quarter, compared to the consensus estimate of $1.86 billion. Coinbase Global had a net margin of 17.55% and a return on equity of 8.68%. The company’s revenue for the quarter was down 21.6% on a year-over-year basis. During the same period in the prior year, the business earned $4.68 earnings per share. Equities research analysts anticipate that Coinbase Global, Inc. will post 7.22 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently commented on COIN. Rosenblatt Securities reduced their price objective on shares of Coinbase Global from $325.00 to $240.00 and set a “buy” rating for the company in a report on Friday, February 13th. Zacks Research lowered shares of Coinbase Global from a “hold” rating to a “strong sell” rating in a research report on Tuesday, February 17th. JPMorgan Chase & Co. dropped their price target on shares of Coinbase Global from $399.00 to $290.00 and set an “overweight” rating for the company in a research report on Tuesday, February 10th. Citigroup decreased their price objective on Coinbase Global from $505.00 to $400.00 and set a “buy” rating on the stock in a report on Friday, February 6th. Finally, Needham & Company LLC lowered their price objective on Coinbase Global from $290.00 to $230.00 and set a “buy” rating on the stock in a research note on Friday, February 13th. Nineteen research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, Coinbase Global currently has an average rating of “Hold” and an average target price of $270.51.

Key Stories Impacting Coinbase Global

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

• Positive Sentiment: Coinbase launched “Agentic Wallets” for AI agents and highlighted rising volume in machine-driven crypto payments — a potential long-term growth driver for transaction and custody revenue. AI Agents Set to Dominate Crypto Payments: Armstrong and CZ Weigh In
• Positive Sentiment: A large on-chain player (Bitmine) moved ~$19.5M of ETH into Coinbase Prime — signaling continued institutional activity and custody usage on Coinbase’s platform. That can support trading/custody volumes and fees. Bitmine (BMNR) Transfers $19.5M in ETH to Coinbase Prime Following Massive Accumulation Spree
• Neutral Sentiment: Coinbase’s Chief Policy Officer published recommendations on stablecoin regulation — constructive for shaping future rules but regulatory outcomes remain uncertain and timing is unclear. Coinbase CPO Lists 5 Critical Errors US Congress Should Avoid In Stablecoin Regulation
• Neutral Sentiment: CEO Brian Armstrong reiterated bullish long-term views on Bitcoin (and commented on supply dynamics), which supports Coinbase’s core market narrative but doesn’t change near-term revenue/earnings trajectory. Brian Armstrong Says Mining Next 1 Million Bitcoin Will Take Over 100 Years, Coinbase CEO Hails BTC As ‘Decentralized, Inflation-Proof’
• Neutral Sentiment: Several retail/analysis pieces (Zacks, Yahoo) are re-examining whether COIN is a buy given its high multiple and watchlist interest; these discuss stock interest but do not provide new fundamental catalysts. COIN Lags Industry YTD, Trades at Premium: What Should Investors Do?
• Neutral Sentiment: Short-interest notices in the feed show inconsistent/zero values (NaN/0 shares) — data appears unreliable and doesn’t signal a clear short squeeze or build as reported. (Feed entries dated March 10–11.)
• Negative Sentiment: Analysts and articles note COIN is trailing the industry year-to-date and trading at a premium amid falling earnings estimates — this valuation and earnings risk is weighing on investor sentiment. COIN Lags Industry YTD, Trades at Premium: What Should Investors Do?
• Negative Sentiment: High-profile commentators (Jim Cramer) suggested investors might prefer buying bitcoin directly rather than COIN, which can divert capital away from the stock even as crypto adoption rises. Jim Cramer on Coinbase Global: “What I Would Suggest You Do Is Just Buy Bitcoin, It’s Cleaner”

Insider Transactions at Coinbase Global

In other news, Director Frederick Ernest Ehrsam III sold 1,375 shares of the business’s stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $250.27, for a total value of $344,121.25. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Brian Armstrong sold 40,000 shares of the stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $248.96, for a total value of $9,958,400.00. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 476,920 shares of company stock valued at $84,194,452. Corporate insiders own 16.56% of the company’s stock.

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.