Coinbase Global, Inc. $COIN Shares Acquired by EULAV Asset Management

EULAV Asset Management increased its holdings in Coinbase Global, Inc. (NASDAQ:COIN) by 29.0% in the third quarter, Holdings Channel.com reports. The firm owned 89,000 shares of the cryptocurrency exchange’s stock after purchasing an additional 19,993 shares during the period. EULAV Asset Management’s holdings in Coinbase Global were worth $30,037,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in COIN. 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 period. Cullen Frost Bankers Inc. acquired a new stake in shares of Coinbase Global in the second quarter worth approximately $30,000. Salomon & Ludwin LLC grew its holdings in 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 period. City State Bank acquired a new position in Coinbase Global during the second quarter worth approximately $33,000. Finally, Financial Gravity Companies Inc. purchased a new position in Coinbase Global during the second quarter worth approximately $34,000. 68.84% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Coinbase Global

In other news, CEO Brian Armstrong sold 40,000 shares of the company’s stock in a transaction on Monday, November 17th. The shares were sold at an average price of $271.87, for a total value of $10,874,800.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Frederick Ernest Ehrsam III sold 277,074 shares of Coinbase Global stock in a transaction on Thursday, November 6th. The stock was sold at an average price of $309.92, for a total transaction of $85,870,774.08. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 808,412 shares of company stock valued at $237,645,711. Corporate insiders own 16.56% of the company’s stock.

Coinbase Global News Summary

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

• Positive Sentiment: Coinbase CEO Brian Armstrong is actively lobbying lawmakers to protect crypto rewards and push for a better bill (effort could preserve key revenue streams if successful). Coinbase CEO lobbies lawmakers to protect crypto rewards
• Positive Sentiment: China Renaissance cut its target but kept a “buy” rating, implying continued upside in some analysts’ views despite the near-term noise. China Renaissance adjusts PT on Coinbase
• Neutral Sentiment: Some Senate Banking members remain optimistic the bill can be revised and advanced, signaling the regulatory process is postponed rather than dead — outcome and timing remain uncertain. Senate Banking Committee Lawmakers Optimistic About Crypto Bill Progress
• Neutral Sentiment: Coinbase says a markup could still happen “in a few weeks,” suggesting more debate ahead rather than a final regulatory resolution. Coinbase CEO expects market structure bill markup ‘in a few weeks‘
• Negative Sentiment: Armstrong’s public withdrawal of support for the CLARITY/Digital Asset Market bill triggered the committee to pause its vote; investors view the move as near-term regulatory uncertainty for Coinbase’s core business. Coinbase Stock Falls After Crypto Bill Support Withdrawn
• Negative Sentiment: Large put-option activity: unusually high volume of puts (~354,875 contracts) suggests traders are positioning for further downside or hedging exposure. (Options flow reported intraday.)
• Negative Sentiment: Jefferies trimmed its price target and moved to a “hold” — another sell-side downgrade that pressures sentiment. Jefferies adjusts price target on Coinbase
• Negative Sentiment: Crypto weakness and Q4 headwinds: ARK ETFs and other funds flagged Coinbase as a key detractor amid a crypto pullback, amplifying stock volatility tied to broader market swings. Crypto slump hits ARK ETFs in Q4, Coinbase becomes top detractor

Coinbase Global Price Performance

Shares of NASDAQ COIN opened at $239.28 on Friday. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.40 and a quick ratio of 2.40. Coinbase Global, Inc. has a 1-year low of $142.58 and a 1-year high of $444.64. The company has a market capitalization of $64.52 billion, a price-to-earnings ratio of 20.70 and a beta of 3.70. The business has a 50-day moving average of $258.13 and a 200-day moving average of $312.36.

Coinbase Global (NASDAQ:COIN) last released its quarterly earnings results on Thursday, October 30th. The cryptocurrency exchange reported $1.44 EPS for the quarter, topping the consensus estimate of $1.04 by $0.40. The firm had revenue of $1.87 billion for the quarter, compared to analyst estimates of $1.77 billion. Coinbase Global had a return on equity of 15.70% and a net margin of 41.99%.Coinbase Global’s revenue for the quarter was up 55.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.28 EPS. On average, equities analysts anticipate that Coinbase Global, Inc. will post 7.22 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

COIN has been the subject of several research reports. Bank of America raised shares of Coinbase Global from a “neutral” rating to a “buy” rating and set a $340.00 price objective for the company in a research note on Thursday, January 8th. Jefferies Financial Group lowered their price target on Coinbase Global from $367.00 to $268.00 and set a “hold” rating for the company in a research report on Monday. Rothschild Redb upgraded Coinbase Global from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 3rd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Coinbase Global in a research note on Friday, January 9th. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on Coinbase Global in a report on Wednesday, December 17th. They set a “buy” rating and a $340.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $362.72.

About Coinbase Global

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.