Lbp Am Sa purchased a new stake in shares of Coinbase Global, Inc. (NASDAQ:COIN – Free Report) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 14,800 shares of the cryptocurrency exchange’s stock, valued at approximately $4,995,000.
A number of other hedge funds have also recently made changes to their positions in the business. Vanguard Group Inc. increased its stake in Coinbase Global by 25.5% in the 2nd quarter. Vanguard Group Inc. now owns 24,208,863 shares of the cryptocurrency exchange’s stock worth $8,484,964,000 after purchasing an additional 4,914,407 shares during the period. Geode Capital Management LLC raised its stake in shares of Coinbase Global by 46.1% during the second quarter. Geode Capital Management LLC now owns 5,559,513 shares of the cryptocurrency exchange’s stock valued at $1,940,805,000 after acquiring an additional 1,755,146 shares during the last quarter. Norges Bank purchased a new stake in shares of Coinbase Global during the second quarter worth about $1,044,354,000. Charles Schwab Investment Management Inc. grew its stake in shares of Coinbase Global by 53.0% in the second quarter. Charles Schwab Investment Management Inc. now owns 1,455,916 shares of the cryptocurrency exchange’s stock worth $510,284,000 after purchasing an additional 504,068 shares during the last quarter. Finally, Legal & General Group Plc increased its holdings in Coinbase Global by 14.6% during the 2nd quarter. Legal & General Group Plc now owns 1,136,620 shares of the cryptocurrency exchange’s stock valued at $398,374,000 after purchasing an additional 145,047 shares during the period. 68.84% of the stock is currently owned by institutional investors.
Trending Headlines about Coinbase Global
Here are the key news stories impacting Coinbase Global this week:
- Positive Sentiment: Institutional survey from Coinbase finds most institutions view Bitcoin as undervalued in the $85k–$95k range — a sign of buyer conviction that could support longer-term trading activity and product demand. Majority of institutional investors say Bitcoin is undervalued: Coinbase
- Positive Sentiment: Coinbase is highlighting momentum from Davos toward tokenization and the CLARITY Act — regulatory clarity and tokenization adoption would be structural positives for Coinbase’s product roadmap and institutional revenue. Coinbase Spotlights Davos Momentum Toward Tokenization and CLARITY Act
- Positive Sentiment: CEO Brian Armstrong says global bank CEOs now list crypto as a top priority — a sign of increasing institutional engagement that could expand custody, trading, and tokenization flows. Coinbase CEO Armstrong: Global bank CEOs name crypto as their number one priority
- Neutral Sentiment: Market coverage notes COIN traded lower while broader markets gained — a factual summary of today’s move but not a fresh catalyst. Coinbase Global, Inc. (COIN) Stock Sinks As Market Gains: Here’s Why
- Neutral Sentiment: Discussion in market pieces about whether COIN already discounts too much crypto optimism — useful for gauging valuation debate but not an immediate operational change. Is Coinbase Global (COIN) Pricing In Too Much Crypto Optimism After Recent Share Price Weakness?
- Negative Sentiment: Armstrong’s role in stalling major crypto legislation prompted a White House rebuke — raises regulatory and political risk that could complicate rulemaking and market access. Coinbase power play sparks crypto rift as key bill gets delayed
- Negative Sentiment: Data shows the Coinbase Premium hit 12‑month lows and Bitcoin weakened; lower U.S. retail/institutional demand can reduce spot/trading volumes and fee revenue. Bitcoin Coinbase Premium stays deeply negative: Is $66K BTC price next?
- Negative Sentiment: Bearish technical calls on Bitcoin (one extreme scenario projects a crash to ~$30k) amplify downside risk to Coinbase’s volumes if BTC falls substantially. Bitcoin Price Prediction: Analyst Forecasts 72.86% Crash To $30,000
- Negative Sentiment: KeyCorp published a bearish forecast for Coinbase’s Q4 — analyst downgrades or weak guidance would directly pressure the stock. KeyCorp Has Bearish Forecast for Coinbase Global Q4 Earnings
Insider Activity at Coinbase Global
Analyst Ratings Changes
Several research firms have recently issued reports on COIN. Jefferies Financial Group reduced their target price on Coinbase Global from $367.00 to $268.00 and set a “hold” rating on the stock in a research note on Monday, January 12th. Cantor Fitzgerald reduced their price objective on shares of Coinbase Global from $459.00 to $320.00 and set an “overweight” rating on the stock in a research report on Thursday, December 18th. Mizuho set a $280.00 price objective on shares of Coinbase Global in a report on Tuesday, December 16th. Bank of America raised shares of Coinbase Global from a “neutral” rating to a “buy” rating and set a $340.00 target price on the stock in a research note on Thursday, January 8th. Finally, Barclays decreased their price target on shares of Coinbase Global from $291.00 to $258.00 and set an “equal weight” rating for the company in a research note on Thursday, January 8th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Coinbase Global has a consensus rating of “Moderate Buy” and a consensus target price of $361.58.
View Our Latest Research Report on Coinbase Global
Coinbase Global Price Performance
Shares of COIN opened at $213.48 on Tuesday. Coinbase Global, Inc. has a fifty-two week low of $142.58 and a fifty-two week high of $444.64. The firm’s 50-day simple moving average is $248.62 and its two-hundred day simple moving average is $305.24. The stock has a market cap of $57.56 billion, a PE ratio of 18.47 and a beta of 3.70. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.40 and a current ratio of 2.40.
Coinbase Global (NASDAQ:COIN – Get Free Report) last issued its quarterly earnings results on Thursday, October 30th. The cryptocurrency exchange reported $1.44 EPS for the quarter, topping analysts’ consensus estimates of $1.04 by $0.40. Coinbase Global had a return on equity of 15.70% and a net margin of 41.99%.The firm had revenue of $1.87 billion for the quarter, compared to analysts’ expectations of $1.77 billion. During the same period in the previous year, the firm posted $0.28 EPS. The business’s revenue for the quarter was up 55.1% compared to the same quarter last year. Analysts anticipate that Coinbase Global, Inc. will post 7.22 earnings per share for the current fiscal year.
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.
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