Coinbase Global, Inc. $COIN Shares Purchased by Kemnay Advisory Services Inc.

Posted by Patrick Bannon on Jun 17th, 2026

Kemnay Advisory Services Inc. increased its position in shares of Coinbase Global, Inc. (NASDAQ:COIN) by 43.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 295,210 shares of the cryptocurrency exchange’s stock after acquiring an additional 89,910 shares during the quarter. Coinbase Global makes up 10.1% of Kemnay Advisory Services Inc.’s portfolio, making the stock its 3rd biggest holding. Kemnay Advisory Services Inc.’s holdings in Coinbase Global were worth $66,759,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of COIN. Integrated Wealth Concepts LLC increased its position 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 worth $365,000 after purchasing an additional 413 shares during the last quarter. Empowered Funds LLC increased its position in 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 during the last quarter. Focus Partners Wealth increased its position in Coinbase Global by 9.9% during the first 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 stake in Coinbase Global during the second quarter worth about $285,000. Finally, Cerity Partners LLC increased its position in Coinbase Global by 8.6% during the second quarter. Cerity Partners LLC now owns 17,694 shares of the cryptocurrency exchange’s stock worth $6,203,000 after purchasing an additional 1,402 shares during the last quarter. 68.84% of the stock is currently owned by institutional investors and hedge funds.

Coinbase Global Price Performance

Shares of COIN opened at $169.27 on Wednesday. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.14 and a quick ratio of 2.14. The stock has a market cap of $44.60 billion, a PE ratio of 63.64, a P/E/G ratio of 5.40 and a beta of 3.32. The firm has a 50-day simple moving average of $184.95 and a two-hundred day simple moving average of $202.67. Coinbase Global, Inc. has a 1-year low of $139.36 and a 1-year high of $444.64.

Coinbase Global (NASDAQ:COIN – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The cryptocurrency exchange reported ($1.49) earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by ($1.55). The business had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.49 billion. Coinbase Global had a net margin of 12.20% and a return on equity of 4.16%. The company’s revenue for the quarter was down 30.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.24 EPS. As a group, analysts forecast that Coinbase Global, Inc. will post 1.93 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. President Capital lifted their price target on shares of Coinbase Global from $236.00 to $264.00 and gave the company a “buy” rating in a research report on Tuesday, May 12th. Jefferies Financial Group lifted their price target on shares of Coinbase Global from $151.00 to $181.00 and gave the company a “hold” rating in a research report on Thursday, April 9th. Cantor Fitzgerald lifted their price target on shares of Coinbase Global from $221.00 to $250.00 and gave the company an “overweight” rating in a research report on Tuesday, April 21st. Rothschild & Co Redburn lifted their price target on shares of Coinbase Global from $254.00 to $263.00 and gave the company a “buy” rating in a research report on Thursday, May 14th. Finally, Oppenheimer dropped their price target on shares of Coinbase Global from $227.00 to $224.00 in a research report on Friday, May 8th. Eighteen 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 stock presently has a consensus rating of “Hold” and an average price target of $250.23.

View Our Latest Stock Report on COIN

Key Coinbase Global News

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

Positive Sentiment: Coinbase teamed up with MassPay to streamline global payments using stablecoins, highlighting growing real-world use cases for its crypto infrastructure. Coinbase Teams Up with MassPay to Streamline Global Payments Using Stablecoins
Positive Sentiment: The company launched AI tools and “agentic trading” features that can provide investment ideas and execute trades within user-defined limits, which could broaden engagement and trading activity. Coinbase is launching AI tools that give investment advice and make trades on your behalf
Positive Sentiment: Coinbase expanded into prediction markets and derivatives, and added more tokenized equity offerings, signaling a faster move into higher-growth trading products. Coinbase Expands Into Agentic Trading, New Prediction Markets Contracts And Derivatives
Positive Sentiment: Coinbase is allowing users to transfer stock portfolios onto its platform, another sign it is trying to become a full-service brokerage-like venue rather than only a crypto exchange. Coinbase lets users transfer stock portfolios as exchange expands beyond crypto
Positive Sentiment: Coverage around tokenized U.S. stocks suggests investor enthusiasm for Coinbase’s push into on-chain equities, which could create a new revenue stream and draw more attention to the stock. Coinbase Launches Real Tokenized Stocks, Robinhood, Kraken Race To Follow
Neutral Sentiment: Brian Armstrong’s comments on tokenized stocks and opening U.S. equity access to global investors keep Coinbase in the spotlight, but are more explanatory than immediately material. Coinbase CEO on tokenized stock launch: Opens US equity access to global investors
Neutral Sentiment: Several articles noted that COIN is a trending stock and that Bitcoin sentiment has improved, but these are mostly sentiment/market-interest indicators rather than direct catalysts. Coinbase Global, Inc. (COIN) Is a Trending Stock: Facts to Know Before Betting on It
Negative Sentiment: Broader commentary still points to valuation concerns and earlier weakness in Coinbase shares, which may limit upside if the new product launches do not quickly translate into revenue. Coinbase (COIN) Stock Valuation After AI Agents Launch And New Trust Charter Approval

Insider Transactions at Coinbase Global

In related news, CAO Jennifer N. Jones sold 2,051 shares of Coinbase Global stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $158.15, for a total value of $324,365.65. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frederick R. Wilson sold 10,000 shares of Coinbase Global stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $181.54, for a total transaction of $1,815,400.00. Following the completion of the transaction, the director owned 30,000 shares of the company’s stock, valued at $5,446,200. This trade represents a 25.00% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 30,647 shares of company stock valued at $5,740,941. 16.66% of the stock is owned by corporate insiders.

Coinbase Global Company Profile

(Free Report)

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.