Coinbase Global, Inc. $COIN Stake Raised by Fjarde AP Fonden Fourth Swedish National Pension Fund

Posted by Mark Dietrich on Jul 5th, 2026

Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its holdings in shares of Coinbase Global, Inc. (NASDAQ:COIN) by 67.0% in the first quarter, HoldingsChannel reports. The fund owned 52,560 shares of the cryptocurrency exchange’s stock after buying an additional 21,080 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Coinbase Global were worth $9,178,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of COIN. Palisade Asset Management LLC acquired a new position in shares of Coinbase Global in the 3rd quarter valued at about $29,000. Foster Dykema Cabot & Partners LLC purchased a new stake in shares of Coinbase Global in the third quarter worth approximately $35,000. MV Capital Management Inc. acquired a new stake in shares of Coinbase Global during the fourth quarter worth approximately $27,000. Osbon Capital Management LLC acquired a new stake in shares of Coinbase Global during the fourth quarter worth approximately $30,000. Finally, JPL Wealth Management LLC purchased a new position in Coinbase Global during the third quarter valued at approximately $49,000. 68.84% of the stock is currently owned by institutional investors and hedge funds.

Coinbase Global Stock Performance

NASDAQ:COIN opened at $165.48 on Friday. The company has a market capitalization of $43.60 billion, a P/E ratio of 62.21, a P/E/G ratio of 5.84 and a beta of 3.35. The stock’s 50 day moving average price is $177.11 and its 200 day moving average price is $192.84. The company has a debt-to-equity ratio of 0.44, a quick ratio of 2.14 and a current ratio of 2.14. Coinbase Global, Inc. has a 52 week low of $139.18 and a 52 week high of $444.64.

Coinbase Global (NASDAQ:COIN – Get Free Report) last posted its earnings results on Thursday, May 7th. The cryptocurrency exchange reported ($1.49) earnings per share (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 analyst estimates 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 was down 30.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.24 earnings per share. On average, research analysts forecast that Coinbase Global, Inc. will post 1.74 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. JPMorgan Chase & Co. upped their price objective on shares of Coinbase Global from $252.00 to $290.00 and gave the company an “overweight” rating in a research note on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $208.00 target price on shares of Coinbase Global in a research note on Wednesday, June 17th. Bank of America lowered their price target on shares of Coinbase Global from $288.00 to $234.00 in a report on Thursday, April 2nd. Citizens Jmp dropped their price target on shares of Coinbase Global from $400.00 to $355.00 and set a “market outperform” rating on the stock in a research note on Friday, April 10th. Finally, The Goldman Sachs Group increased their price objective on Coinbase Global from $226.00 to $228.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Eighteen research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $250.65.

Check Out Our Latest Stock Analysis on Coinbase Global

Key Stories Impacting Coinbase Global

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

Positive Sentiment: CEO Brian Armstrong has been highlighting progress on the Bitcoin Clarity Act and pushing for clearer U.S. crypto rules, which could help Coinbase if regulators create a more favorable operating environment. Coinbase Global Stock (COIN) Opinions on Regulatory Clarity and Market Pressures
Positive Sentiment: Coinbase is being mentioned alongside major institutions in new blockchain and stablecoin initiatives, including Morpho’s $175 million funding round and a global stablecoin effort with Visa, Mastercard, and BNY, reinforcing Coinbase’s relevance in crypto infrastructure. Morpho Secures $175M Funding from Paradigm and a16z to Scale Blockchain Credit Infrastructure Global Stablecoin Initiative Launched by Visa, Mastercard, BNY, Coinbase, Others
Positive Sentiment: Some analysts and market commentators continue to frame Coinbase as a core crypto infrastructure play, with recent buy ratings and price targets still implying meaningful upside versus the current share price. COIN Vs. MSTR: Buy Coinbase for Pure Exchange Fees and Structural Infrastructure Moats
Neutral Sentiment: Crypto-linked stocks are seeing a broader bounce, and Coinbase is participating in the move, but the setup looks more like sector sympathy than a company-specific catalyst. Robinhood Jumps 6% on Bullish Analyst Initiations as Coinbase, Strategy Ride a Crypto-Stock Bounce
Negative Sentiment: Coinbase’s latest reported quarterly revenue fell 30.5% year over year, and the company missed earnings and revenue expectations, which keeps pressure on the stock’s valuation. Coinbase Global Stock Performance
Negative Sentiment: Insider activity remains a headwind, with 61 insider sales and no insider purchases over the past six months, which may be weighing on investor sentiment. Coinbase Global Stock (COIN) Opinions on Regulatory Clarity and Market Pressures
Negative Sentiment: Technical commentary in the latest discussion notes repeated tests of support levels, with traders warning that a breakdown could send shares lower. Coinbase Global Stock (COIN) Opinions on Regulatory Clarity and Market Pressures

Insider Buying and Selling at Coinbase Global

In related news, insider Lawrence J. Brock sold 6,616 shares of Coinbase Global stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $189.01, for a total value of $1,250,490.16. Following the completion of the sale, the insider owned 517 shares of the company’s stock, valued at approximately $97,718.17. The trade was a 92.75% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Paul Grewal sold 1,960 shares of the company’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $176.88, for a total transaction of $346,684.80. Following the completion of the sale, the insider owned 84,753 shares of the company’s stock, valued at $14,991,110.64. This represents a 2.26% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 30,647 shares of company stock worth $5,740,941 in the last ninety days. Company insiders own 16.66% of the company’s stock.

About Coinbase Global

(Free Report)

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.