Vanguard Group Inc. Purchases 2,007,930 Shares of Coinbase Global, Inc. $COIN

Vanguard Group Inc. increased its position in Coinbase Global, Inc. (NASDAQ:COIN) by 8.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 26,216,793 shares of the cryptocurrency exchange’s stock after acquiring an additional 2,007,930 shares during the quarter. Vanguard Group Inc. owned about 10.20% of Coinbase Global worth $8,847,905,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of COIN. REAP Financial Group LLC bought a new position in shares of Coinbase Global in the third quarter worth about $25,000. Evelyn Partners Investment Management Europe Ltd grew its holdings in Coinbase Global by 92.3% in the 2nd quarter. Evelyn Partners Investment Management Europe Ltd now owns 75 shares of the cryptocurrency exchange’s stock valued at $29,000 after buying an additional 36 shares during the last quarter. Cullen Frost Bankers Inc. bought a new position in Coinbase Global in the 2nd quarter worth approximately $30,000. Salomon & Ludwin LLC lifted its holdings 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 during the last quarter. Finally, City State Bank bought a new stake in shares of Coinbase Global in the second quarter valued at approximately $33,000. Institutional investors and hedge funds own 68.84% of the company’s stock.

Key Stories Impacting Coinbase Global

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

• Positive Sentiment: Management’s push to diversify revenue beyond transaction fees is being praised by analysts and media; this reduces reliance on volatile trading volumes and supports a steadier long‑term revenue profile. Read More.
• Positive Sentiment: Coinbase reports retail users have been “buying the dip” in BTC/ETH, which suggests stronger user engagement and potential stability in trading volumes when prices rebound. CEO commentary reinforcing long‑term customer conviction is a bullish user‑behavior signal. Read More.
• Positive Sentiment: Earnings‑call takeaways emphasize diversification and product innovation (subscriptions, services, stablecoins), which management frames as the path to margin recovery even after a soft quarter. That narrative can support a re‑rating if execution continues. Read More.
• Positive Sentiment: Macro tailwind: a global survey shows stablecoins gaining everyday use — this supports Coinbase’s stablecoin and payments ambitions and could help non‑transaction revenue over time. Read More.
• Neutral Sentiment: Analyst coverage and “trending stock” commentary are creating noise; Wall Street views remain mixed and changes in ratings could swing sentiment but don’t yet alter fundamentals. Read More.
• Neutral Sentiment: Data on short interest posted a large spike notification but shows inconsistent/zero values — appears to be a data glitch rather than a confirmed short‑squeeze signal; treat short‑interest headlines cautiously.
• Neutral Sentiment: New stablecoin entrants and ecosystem developments (USD1’s early traction, Mar‑a‑Lago summit mentions) broaden market interest in stablecoins but increase competition and political/regulatory attention. Read More.
• Negative Sentiment: Coinbase’s Q4 results missed revenue and EPS estimates; transaction fee declines and a net loss raised near‑term growth and profitability concerns — the miss is the primary driver of today’s downward pressure. Read More.
• Negative Sentiment: Insider selling headlines (large disclosed sales by executives) are weighing on sentiment — sizable insider sales often trigger investor concern about near‑term outlook or personal liquidity needs. Read More.
• Negative Sentiment: Regulatory/PR friction: CEO comments on stablecoin rewards and related legislative debate have drawn criticism and could keep regulatory risk in focus, which can pressure multiples for U.S.-listed crypto firms. Read More.

Insider Activity

In other news, Director Frederick Ernest Ehrsam III sold 4,125 shares of the business’s stock in a transaction on Thursday, December 4th. The shares were sold at an average price of $274.06, for a total value of $1,130,497.50. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Brian Armstrong sold 40,000 shares of the company’s stock in a transaction dated Wednesday, November 26th. The stock was sold at an average price of $257.31, for a total transaction of $10,292,400.00. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 578,014 shares of company stock valued at $111,392,947. 16.56% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on COIN shares. Robert W. Baird set a $165.00 target price on shares of Coinbase Global in a research report on Friday. Jefferies Financial Group decreased their price target on shares of Coinbase Global from $268.00 to $151.00 and set a “hold” rating on the stock in a research report on Friday. Compass Point cut their price objective on shares of Coinbase Global from $230.00 to $190.00 and set a “sell” rating for the company in a research report on Friday, January 23rd. Sanford C. Bernstein reissued an “outperform” rating and set a $440.00 target price on shares of Coinbase Global in a research report on Tuesday, January 6th. Finally, Citigroup lowered their price target on Coinbase Global from $505.00 to $400.00 and set a “buy” rating on the stock in a research note on Friday, February 6th. Nineteen research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $291.85.

Coinbase Global Stock Up 16.5%

Shares of COIN opened at $164.32 on Tuesday. The company has a quick ratio of 2.34, a current ratio of 2.34 and a debt-to-equity ratio of 0.40. The company has a 50-day moving average price of $222.29 and a two-hundred day moving average price of $282.04. The stock has a market cap of $44.31 billion, a price-to-earnings ratio of 37.43 and a beta of 3.70. Coinbase Global, Inc. has a 12 month low of $139.36 and a 12 month high of $444.64.

Coinbase Global (NASDAQ:COIN) last released its quarterly earnings data on Thursday, February 12th. The cryptocurrency exchange reported $0.66 earnings per share for the quarter, missing the consensus estimate of $0.83 by ($0.17). The company had revenue of $1.78 billion during 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 quarter in the prior year, the company posted $4.68 earnings per share. Equities analysts predict that Coinbase Global, Inc. will post 7.22 EPS for the current fiscal year.

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.