Coinbase Global, Inc. $COIN Stake Lifted by Quadrature Capital Ltd

Quadrature Capital Ltd lifted its stake in shares of Coinbase Global, Inc. (NASDAQ:COIN) by 37.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 207,137 shares of the cryptocurrency exchange’s stock after acquiring an additional 56,097 shares during the quarter. Quadrature Capital Ltd owned about 0.08% of Coinbase Global worth $69,907,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. REAP Financial Group LLC acquired a new position in shares of Coinbase Global during the 3rd quarter valued at $25,000. Evelyn Partners Investment Management Europe Ltd lifted its holdings in shares of 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 valued at $29,000 after buying an additional 36 shares during the period. Salomon & Ludwin LLC boosted its stake in 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 buying an additional 88 shares in the last quarter. Financial Gravity Companies Inc. bought a new position in Coinbase Global during the second quarter valued at about $34,000. Finally, MV Capital Management Inc. grew its holdings in Coinbase Global by 215.6% during the second quarter. MV Capital Management Inc. now owns 101 shares of the cryptocurrency exchange’s stock worth $35,000 after acquiring an additional 69 shares during the period. Institutional investors own 68.84% of the company’s stock.

Wall Street Analyst Weigh In

COIN has been the topic of several research reports. Wall Street Zen cut shares of Coinbase Global from a “hold” rating to a “sell” rating in a research report on Saturday, November 22nd. The Goldman Sachs Group raised their price objective on shares of Coinbase Global from $264.00 to $270.00 and gave the company a “buy” rating in a research report on Friday, March 6th. Mizuho dropped their target price on shares of Coinbase Global from $280.00 to $170.00 and set a “neutral” rating on the stock in a report on Tuesday, February 17th. Compass Point dropped their target price on shares of Coinbase Global from $190.00 to $140.00 and set a “sell” rating on the stock in a report on Friday, February 20th. Finally, Needham & Company LLC reduced their target price on shares of Coinbase Global from $290.00 to $230.00 and set a “buy” rating for the company in a report on Friday, February 13th. Nineteen analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $270.51.

More Coinbase Global News

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

• Positive Sentiment: Coinbase launched regulated crypto and index futures across 26 European countries, expanding its institutional and retail product footprint in a major market — a potential revenue and market-share positive. COIN Broadens Reach With Europe Futures
• Positive Sentiment: Product innovation: Coinbase rolled out Agentic Wallets for AI agents and has highlighted high transaction volumes, signaling new use cases and product-led growth opportunities. AI Agents Set to Dominate Crypto Payments
• Positive Sentiment: Policy engagement: Coinbase’s Chief Policy Officer publicly outlined recommendations to shape U.S. stablecoin rules — proactive regulatory positioning could reduce future compliance risk if adopted. CPO Lists 5 Errors US Congress Should Avoid
• Neutral Sentiment: Coinbase executives publicly denied accusations that the company lobbied to block a Bitcoin de minimis tax exemption — denial aims to contain reputational harm but may not fully dispel community concerns. Coinbase execs deny lobbying
• Neutral Sentiment: Legal/flow headlines: A proposed class action against JPMorgan alleges transfers into Coinbase wallets linked to a Ponzi scheme — the suit targets the bank, not Coinbase directly, but keeps regulatory and AML scrutiny in market conversation. JPMorgan Faces $328M Lawsuit
• Negative Sentiment: Analyst/valuation pressure: Coverage notes COIN is lagging the industry year-to-date, trading at a premium with falling earnings estimates — valuation concerns are a clear near-term headwind for the stock. COIN Lags Industry YTD
• Negative Sentiment: Community controversy: Persistent social-media claims that Coinbase opposed a BTC de minimis tax exemption (despite denials) keep reputational risk elevated, which could spook retail or policy-sensitive investors. Is Coinbase Sabotaging Bitcoin De Minimis Tax?
• Negative Sentiment: Short-interest reports indicate a reported rise in short activity for March (data shows anomalies but the market interprets rising short interest as bearish sentiment). (internal short-interest snapshots)
• Negative Sentiment: High-profile commentary: Influencers and commentators (e.g., Jim Cramer) suggesting investors buy Bitcoin rather than Coinbase stock may reduce demand for COIN shares. Jim Cramer on Coinbase

Coinbase Global Trading Down 2.7%

NASDAQ:COIN opened at $193.35 on Friday. The stock has a fifty day simple moving average of $199.36 and a 200 day simple moving average of $266.20. The firm has a market capitalization of $51.06 billion, a price-to-earnings ratio of 44.04, a price-to-earnings-growth ratio of 3.50 and a beta of 3.70. Coinbase Global, Inc. has a 1-year low of $139.36 and a 1-year high of $444.64. The company has a quick ratio of 2.34, a current ratio of 2.34 and a debt-to-equity ratio of 0.40.

Coinbase Global (NASDAQ:COIN) last posted its quarterly earnings data on Thursday, February 12th. The cryptocurrency exchange reported $0.66 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.83 by ($0.17). Coinbase Global had a return on equity of 8.68% and a net margin of 17.55%.The company had revenue of $1.78 billion for the quarter, compared to analyst estimates of $1.86 billion. During the same quarter in the previous year, the firm posted $4.68 EPS. Coinbase Global’s quarterly revenue was down 21.6% on a year-over-year basis. Sell-side analysts forecast that Coinbase Global, Inc. will post 7.22 earnings per share for the current year.

Insider Transactions at Coinbase Global

In related news, CEO Brian Armstrong sold 40,000 shares of the firm’s stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $248.96, for a total value of $9,958,400.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Frederick Ernest Ehrsam III sold 2,750 shares of Coinbase Global stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $260.09, for a total transaction of $715,247.50. The SEC filing for this sale provides additional information. Insiders have sold a total of 476,920 shares of company stock valued at $84,194,452 over the last ninety days. Corporate insiders own 16.56% of the company’s stock.

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.