Coinbase Global (NASDAQ:COIN) CFO Sells $56,494,770.00 in Stock

Coinbase Global, Inc. (NASDAQ:COIN) CFO Alesia Haas sold 364,600 shares of the company’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $154.95, for a total value of $56,494,770.00. Following the transaction, the chief financial officer directly owned 402,165 shares in the company, valued at $62,315,466.75. The trade was a 47.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Coinbase Global Stock Down 2.8%

Coinbase Global stock traded down $4.74 during trading hours on Tuesday, hitting $162.51. The company had a trading volume of 8,775,667 shares, compared to its average volume of 11,360,601. Coinbase Global, Inc. has a fifty-two week low of $142.58 and a fifty-two week high of $444.64. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.40 and a quick ratio of 2.40. The firm has a market capitalization of $43.82 billion, a P/E ratio of 24.27 and a beta of 3.70. The firm’s fifty day moving average is $233.74 and its 200-day moving average is $289.88.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. Sanford C. Bernstein reissued an “outperform” rating and set a $440.00 price objective on shares of Coinbase Global in a report on Tuesday, January 6th. The Goldman Sachs Group lifted their price target on shares of Coinbase Global from $303.00 to $310.00 and gave the stock a “buy” rating in a research note on Tuesday, January 20th. Weiss Ratings reissued a “hold (c)” rating on shares of Coinbase Global in a report on Friday, January 9th. Oppenheimer reduced their price objective on shares of Coinbase Global from $381.00 to $370.00 and set an “outperform” rating for the company in a report on Monday, January 12th. Finally, Barclays lowered their target price on shares of Coinbase Global from $291.00 to $258.00 and set an “equal weight” rating on the stock in a research note on Thursday, January 8th. Twenty investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Coinbase Global has a consensus rating of “Moderate Buy” and an average target price of $342.58.

Coinbase Global News Roundup

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

• Positive Sentiment: Interactive Brokers launched Coinbase Derivatives nano and perpetual futures on its platform — this expands distribution for Coinbase’s derivatives business and could boost fee-based revenue and product adoption. Interactive Brokers expansion
• Positive Sentiment: Bitcoin recently stabilized near $70k with a brief positive Coinbase Premium — higher BTC prices and renewed on-platform demand tend to raise trading volumes and transaction revenue for COIN. Bitcoin Coinbase Premium
• Neutral Sentiment: Coinbase is sunsetting Base App’s creator rewards and Farcaster social feed to focus the app on trading — a product pivot that may streamline costs but also narrows the company’s “everything app” ambitions. Base App pivot
• Neutral Sentiment: Coinbase ran a divisive Super Bowl karaoke ad; marketing buzz can help brand awareness but has mixed capital markets impact versus fundamentals. Super Bowl ad
• Negative Sentiment: JPMorgan trimmed its COIN price target from $399 to $290 ahead of Q4 earnings — a sizable cut that adds selling pressure despite the bank keeping an overweight stance; markets often react negatively to big PT revisions right before earnings. JPMorgan price target cut
• Negative Sentiment: Cantor Fitzgerald also lowered its target (and other shops have adjusted forecasts), amplifying analyst-driven concern as Coinbase approaches its quarterly report. Analyst target moves
• Negative Sentiment: Regulatory and political friction is active: a critic labeled Coinbase “recalcitrant” over opposition to the Clarity Act and the White House is engaging on crypto market structure — heightening regulatory risk that investors price into COIN. Regulatory friction
• Negative Sentiment: High-profile voices are cautious: Jim Cramer publicly avoided COIN, and research flags slowing trading volumes and mixed revenue mix heading into earnings — both add to near-term downside risk. Cramer comment
• Negative Sentiment: Competitive pressure: data suggesting rivals (e.g., Hyperliquid) outpacing Coinbase in some areas raises concerns about market share and growth sustainability. Competition

Hedge Funds Weigh In On Coinbase Global

Several institutional investors have recently modified their holdings of the stock. REAP Financial Group LLC acquired a new position in shares of Coinbase Global during the 3rd quarter worth about $25,000. Evelyn Partners Investment Management Europe Ltd lifted its holdings 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 during the last quarter. Palisade Asset Management LLC bought a new position in shares of Coinbase Global in the third quarter valued at about $29,000. Cullen Frost Bankers Inc. acquired a new position in Coinbase Global in the 2nd quarter valued at about $30,000. Finally, Salomon & Ludwin LLC grew its position in shares of Coinbase Global by 4,400.0% in the third quarter. Salomon & Ludwin LLC now owns 90 shares of the cryptocurrency exchange’s stock valued at $30,000 after purchasing an additional 88 shares during the last quarter. 68.84% of the stock is currently owned by institutional investors and hedge funds.

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.