ING Groep NV Trims Stock Holdings in Coinbase Global, Inc. $COIN

ING Groep NV decreased its position in Coinbase Global, Inc. (NASDAQ:COIN) by 74.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,591 shares of the cryptocurrency exchange’s stock after selling 7,633 shares during the quarter. ING Groep NV’s holdings in Coinbase Global were worth $874,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of COIN. REAP Financial Group LLC bought a new position in shares of Coinbase Global in the 3rd quarter worth about $25,000. Evelyn Partners Investment Management Europe Ltd grew its holdings in Coinbase Global by 92.3% in the second quarter. Evelyn Partners Investment Management Europe Ltd now owns 75 shares of the cryptocurrency exchange’s stock worth $29,000 after purchasing an additional 36 shares during the period. Cullen Frost Bankers Inc. bought a new position in shares of Coinbase Global during the second quarter valued at 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 valued at $30,000 after purchasing an additional 88 shares during the last quarter. Finally, City State Bank bought a new stake in shares of Coinbase Global in the 2nd quarter worth approximately $33,000. Institutional investors own 68.84% of the company’s stock.

Coinbase Global Stock Performance

Shares of NASDAQ COIN opened at $164.32 on Friday. The firm’s 50-day moving average price is $224.49 and its 200-day moving average price is $284.20. Coinbase Global, Inc. has a 52-week low of $139.36 and a 52-week high of $444.64. The company has a market cap of $44.31 billion, a PE ratio of 37.43 and a beta of 3.70. The company has a quick ratio of 2.40, a current ratio of 2.40 and a debt-to-equity ratio of 0.37.

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). Coinbase Global had a net margin of 17.55% and a return on equity of 9.01%. The company had revenue of $1.78 billion for the quarter, compared to analysts’ expectations of $1.86 billion. During the same period in the previous year, the firm earned $4.68 earnings per share. The firm’s revenue for the quarter was down 21.6% on a year-over-year basis. As a group, analysts anticipate that Coinbase Global, Inc. will post 7.22 EPS for the current year.

Analyst Upgrades and Downgrades

COIN has been the subject of a number of recent research reports. Mizuho set a $280.00 price objective on Coinbase Global in a research note on Tuesday, December 16th. Jefferies Financial Group reduced their price target on Coinbase Global from $268.00 to $151.00 and set a “hold” rating for the company in a report on Friday. Citigroup lowered their price target on Coinbase Global from $505.00 to $400.00 and set a “buy” rating for the company in a research report on Friday, February 6th. Argus reissued a “hold” rating on shares of Coinbase Global in a research report on Tuesday, November 25th. Finally, Wall Street Zen cut shares of Coinbase Global from a “hold” rating to a “sell” rating in a report on Saturday, November 22nd. Nineteen equities 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’s stock. Based on data from MarketBeat, Coinbase Global has a consensus rating of “Moderate Buy” and a consensus target price of $291.85.

Coinbase Global News Summary

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

• Positive Sentiment: Short‑term buying momentum: traders are buying the post‑earnings drop and the stock has bounced off prior support levels, leading to a sharp intraday rebound even after the Q4 miss. Read More.
• Positive Sentiment: Operational and product positives: Coinbase highlights doubling crypto trading market share in 2025, subscription strength and new initiatives (Agentic/AI wallets) that diversify revenue and address longer‑term growth. Read More.
• Neutral Sentiment: Analyst reaction is mixed: many firms cut price targets and trimmed estimates (wide dispersion of PTs), leaving both upside and downside scenarios for investors to weigh. Read More.
• Neutral Sentiment: Short‑interest data in some feeds shows 0 shares (days‑to‑cover 0.0) — the reporting appears unreliable and provides no clear short‑squeeze signal.
• Negative Sentiment: Q4 miss and first quarterly loss in two years: Coinbase reported a $667M net loss, revenue down ~21% Y/Y and EPS below estimates — the core trading business remains sensitive to crypto price moves. Read More.
• Negative Sentiment: Insider selling raises governance/sentiment concerns: reporting shows large stock sales by CEO Brian Armstrong (reported ~$550M) and a CFO sale (~$56M), which can weigh on investor confidence. Read More. Read More.
• Negative Sentiment: Operational hiccup: a brief platform outage affected buy/sell/transfer functionality around the earnings release, spotlighting execution risk. Read More.

Insider Transactions at Coinbase Global

In other news, insider Lawrence J. Brock sold 5,902 shares of the firm’s stock in a transaction on Monday, November 24th. The stock was sold at an average price of $250.58, for a total value of $1,478,923.16. Following the transaction, the insider directly owned 497 shares in the company, valued at $124,538.26. This trade represents a 92.23% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Paul Grewal sold 11,955 shares of Coinbase Global stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $246.18, for a total value of $2,943,081.90. Following the completion of the sale, the insider directly owned 75,811 shares of the company’s stock, valued at $18,663,151.98. The trade was a 13.62% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 672,498 shares of company stock valued at $137,109,701 over the last 90 days. 16.56% of the stock is owned by corporate insiders.

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.