Coinbase Global, Inc. $COIN Shares Sold by Cetera Investment Advisers

Cetera Investment Advisers reduced its position in Coinbase Global, Inc. (NASDAQ:COIN) by 13.4% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 95,306 shares of the cryptocurrency exchange’s stock after selling 14,739 shares during the quarter. Cetera Investment Advisers’ holdings in Coinbase Global were worth $16,641,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC raised its position in shares of Coinbase Global by 24.2% in the first quarter. Integrated Wealth Concepts LLC now owns 2,119 shares of the cryptocurrency exchange’s stock valued at $365,000 after buying an additional 413 shares during the last quarter. Empowered Funds LLC boosted its position in Coinbase Global by 25.8% during the first quarter. Empowered Funds LLC now owns 8,581 shares of the cryptocurrency exchange’s stock worth $1,478,000 after acquiring an additional 1,761 shares during the last quarter. Focus Partners Wealth boosted its position in Coinbase Global by 9.9% during the first quarter. Focus Partners Wealth now owns 5,202 shares of the cryptocurrency exchange’s stock worth $896,000 after acquiring an additional 467 shares during the last quarter. Sivia Capital Partners LLC purchased a new stake in Coinbase Global during the 2nd quarter valued at about $285,000. Finally, Cerity Partners LLC grew its stake in Coinbase Global by 8.6% during the 2nd quarter. Cerity Partners LLC now owns 17,694 shares of the cryptocurrency exchange’s stock valued at $6,203,000 after acquiring an additional 1,402 shares in the last quarter. Hedge funds and other institutional investors own 68.84% of the company’s stock.

Insider Activity at Coinbase Global

In other Coinbase Global news, insider Paul Grewal sold 1,960 shares of the stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $176.88, for a total transaction of $346,684.80. Following the completion of the transaction, the insider owned 84,753 shares of the company’s stock, valued at $14,991,110.64. This trade represents a 2.26% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Jennifer N. Jones sold 2,051 shares of the stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $158.15, for a total transaction of $324,365.65. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 30,627 shares of company stock worth $5,327,841. 16.66% of the stock is owned by corporate insiders.

Coinbase Global Price Performance

COIN stock opened at $167.90 on Wednesday. The business has a fifty day moving average of $165.23 and a two-hundred day moving average of $183.12. The company has a quick ratio of 2.14, a current ratio of 2.14 and a debt-to-equity ratio of 0.44. The stock has a market cap of $44.23 billion, a price-to-earnings ratio of 63.12, a price-to-earnings-growth ratio of 10.78 and a beta of 3.35. Coinbase Global, Inc. has a 52-week low of $139.18 and a 52-week high of $402.16.

Coinbase Global (NASDAQ:COIN) last posted its earnings results on Thursday, May 7th. The cryptocurrency exchange reported ($1.49) EPS for the quarter, missing analysts’ consensus estimates of $0.06 by ($1.55). The business had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.49 billion. Coinbase Global had a net margin of 12.20% and a return on equity of 4.16%. Coinbase Global’s revenue for the quarter was down 30.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.24 EPS. As a group, research analysts anticipate that Coinbase Global, Inc. will post 1.42 earnings per share for the current year.

Key Stories Impacting Coinbase Global

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

• Positive Sentiment: Coinbase CEO Brian Armstrong said AI agents could become major users of programmable money, positioning Coinbase’s Base network, USDC stablecoin and x402 payment protocol as infrastructure for autonomous transactions. The company says AI could expand—not replace—crypto demand. Coinbase Ties AI to Crypto
• Positive Sentiment: Rosenblatt Securities reaffirmed its “buy” rating and maintained a $240 price target, implying substantial upside from current levels. Rosenblatt Coinbase Rating
• Positive Sentiment: Coinbase is lobbying for the CLARITY Act and broader U.S. crypto infrastructure, arguing that clear rules could support domestic growth and help the country compete with China. The company also backed Federal Reserve payment accounts and interest on account balances, which could expand institutional opportunities if adopted. Coinbase Supports CLARITY Act
• Neutral Sentiment: Analysts comparing Coinbase with Robinhood say Robinhood currently has more diversified revenue, while Coinbase may benefit later from tokenized securities and AI commerce. This frames a longer-term opportunity but not an immediate earnings catalyst. Coinbase and Robinhood Competition
• Negative Sentiment: Q2 expectations call for weaker crypto trading activity. Stablecoins and subscription services may partly offset the slowdown, but Coinbase’s previous quarter missed both earnings and revenue estimates, keeping execution risk elevated. Coinbase Q2 Earnings Preview
• Negative Sentiment: Regulatory uncertainty remains a material overhang: Armstrong warned some crypto business could move offshore if the CLARITY Act stalls. Reports that China is outspending the U.S. on digital-asset infrastructure also highlight competitive and policy risks. Crypto Business Could Leave the U.S.

Analyst Ratings Changes

A number of research analysts have weighed in on COIN shares. UBS Group set a $235.00 target price on shares of Coinbase Global in a research note on Thursday, July 23rd. The Goldman Sachs Group upped their price target on Coinbase Global from $226.00 to $228.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. Mizuho lifted their price objective on Coinbase Global from $170.00 to $200.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 12th. Cantor Fitzgerald reissued an “overweight” rating and set a $250.00 price objective on shares of Coinbase Global in a research note on Wednesday, June 17th. Finally, Raymond James Financial assumed coverage on Coinbase Global in a research note on Wednesday, July 22nd. They issued a “market perform” rating for the company. Eighteen analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $239.14.

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.