Coinbase Global, Inc. $COIN Shares Purchased by Interchange Capital Partners LLC

Interchange Capital Partners LLC increased its position in shares of Coinbase Global, Inc. (NASDAQ:COIN) by 404.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,696 shares of the cryptocurrency exchange’s stock after acquiring an additional 6,170 shares during the period. Interchange Capital Partners LLC’s holdings in Coinbase Global were worth $1,435,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. D.A. Davidson & CO. increased its holdings in shares of Coinbase Global by 6.1% in the 3rd quarter. D.A. Davidson & CO. now owns 30,710 shares of the cryptocurrency exchange’s stock valued at $5,725,000 after purchasing an additional 1,753 shares during the period. Pinnacle Wealth Planning Services Inc. raised its holdings in Coinbase Global by 204.6% during the third quarter. Pinnacle Wealth Planning Services Inc. now owns 460 shares of the cryptocurrency exchange’s stock valued at $86,000 after buying an additional 309 shares in the last quarter. North Dakota State Investment Board boosted its position in Coinbase Global by 1.5% during the third quarter. North Dakota State Investment Board now owns 6,729 shares of the cryptocurrency exchange’s stock worth $1,254,000 after purchasing an additional 102 shares during the period. Generali Asset Management SPA SGR raised its holdings in Coinbase Global by 75.8% in the 3rd quarter. Generali Asset Management SPA SGR now owns 201,885 shares of the cryptocurrency exchange’s stock worth $37,633,000 after acquiring an additional 87,056 shares during the period. Finally, Asset Management One Co. Ltd. boosted its position in shares of Coinbase Global by 2.3% in the third quarter. Asset Management One Co. Ltd. now owns 91,769 shares of the cryptocurrency exchange’s stock valued at $17,107,000 after acquiring an additional 2,055 shares during the period. Institutional investors own 68.84% of the company’s stock.

Coinbase Global Stock Performance

Shares of COIN stock opened at $160.59 on Friday. The company has a current ratio of 2.42, a quick ratio of 2.42 and a debt-to-equity ratio of 0.45. Coinbase Global, Inc. has a 12 month low of $139.11 and a 12 month high of $361.40. The business’s 50-day moving average price is $180.32 and its 200-day moving average price is $179.32. The firm has a market capitalization of $42.37 billion, a price-to-earnings ratio of -41.82 and a beta of 3.41.

Coinbase Global (NASDAQ:COIN) last issued its quarterly earnings results on Thursday, July 30th. The cryptocurrency exchange reported ($1.36) EPS for the quarter, missing analysts’ consensus estimates of ($0.44) by ($0.92). The business had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.29 billion. Coinbase Global had a positive return on equity of 3.12% and a negative net margin of 15.72%. Coinbase Global’s revenue for the quarter was down 18.5% on a year-over-year basis. During the same quarter last year, the firm posted $5.14 EPS. Equities research analysts forecast that Coinbase Global, Inc. will post -0.47 EPS for the current year.

Insider Buying and Selling

In other Coinbase Global news, Director Frederick R. Wilson sold 35,068 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $144.32, for a total transaction of $5,061,013.76. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Alesia J. Haas sold 39,030 shares of the business’s stock in a transaction that occurred on Monday, September 21st. The stock was sold at an average price of $205.24, for a total transaction of $8,010,517.20. Following the completion of the transaction, the chief financial officer owned 345,376 shares in the company, valued at $70,884,970.24. This trade represents a 10.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 127,188 shares of company stock valued at $23,029,558 over the last three months. 16.66% of the stock is owned by insiders.

More Coinbase Global News

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

• Positive Sentiment: Coinbase reported third-quarter net income of approximately $719 million, reversing a three-quarter loss streak. Revenue of $1.22 billion and adjusted EPS of roughly $0.27–$0.28 exceeded consensus expectations, while operating expenses fell 13% sequentially. Coinbase snaps losing streak with third-quarter profit on crypto trading rebound
• Positive Sentiment: Subscription and services revenue increased 3% sequentially to $570.2 million, representing 49% of revenue. Coinbase One subscribers reached a record, and prediction-market revenue surpassed a $200 million annualized rate, supporting the company’s diversification beyond spot crypto trading. Coinbase Q3 Highlights
• Positive Sentiment: Coinbase expanded its stablecoin ecosystem by listing Ripple’s RLUSD across its retail, exchange and institutional platforms. Growing USDC balances, stablecoin payments and partnerships could create more recurring revenue and reduce reliance on trading fees. Ripple Brings Its Stablecoin to Coinbase’s Trading Platforms
• Positive Sentiment: Rosenblatt Securities reaffirmed a buy rating and assigned a $200 price target, implying substantial upside from recent trading levels. Coinbase also applied for a Brazilian crypto-service-provider license, helping protect its existing operations in an important market. Rosenblatt Securities rating
• Neutral Sentiment: Management projects fourth-quarter subscription and services revenue of $550 million to $630 million. The range suggests continued diversification, but also indicates possible sequential softness at the midpoint. Coinbase Q4 subscription revenue guidance
• Negative Sentiment: Reported profit was largely driven by a roughly $715 million gain on Coinbase’s crypto investments; adjusted net income was only about $78 million. Revenue fell 35% year over year to $1.22 billion, and transaction revenue declined slightly despite market-share gains, highlighting continued sensitivity to crypto prices and volumes. Coinbase Profit Is Mostly Crypto Gains
• Negative Sentiment: Insider selling remains a significant overhang: reported open-market activity showed 71 insider sales and no purchases over the past six months, while senior executives are reportedly planning substantial share sales. Coinbase Posts $719 Million Q3 Net Income
• Negative Sentiment: Customer contact data was exposed through analytics vendor Amplitude, although Coinbase said its systems and customer funds were not compromised. European stablecoin restrictions, a €3.25 million Irish regulatory fine and ongoing compliance costs add further risk. Coinbase denies systems breach

Wall Street Analyst Weigh In

Several brokerages have recently commented on COIN. Zacks Research upgraded shares of Coinbase Global from a “strong sell” rating to a “hold” rating in a research note on Wednesday, September 9th. Morgan Stanley raised their target price on shares of Coinbase Global from $250.00 to $258.00 and gave the company an “equal weight” rating in a research report on Friday, October 9th. Needham & Company LLC upped their target price on shares of Coinbase Global from $200.00 to $205.00 and gave the company a “buy” rating in a report on Wednesday, October 21st. Oppenheimer cut their target price on shares of Coinbase Global from $209.00 to $193.00 and set an “outperform” rating for the company in a research note on Friday, July 31st. Finally, JPMorgan Chase & Co. boosted their target price on shares of Coinbase Global from $148.00 to $189.00 and gave the company an “overweight” rating in a research report on Monday. Twenty research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, Coinbase Global presently has an average rating of “Hold” and a consensus price target of $220.91.

Coinbase Global Company Profile

Coinbase Global, Inc operates a digital-asset financial infrastructure and technology platform. Through its Coinbase platform, the company enables individuals and institutions to buy, sell, store, transfer and use cryptocurrencies and other digital assets. Its services are designed to support both retail customers and institutional participants in the digital-asset economy.

The company offers cryptocurrency trading, custody and staking services, as well as subscription products and institutional solutions.