Mutual Advisors LLC Acquires 7,016 Shares of Coinbase Global, Inc. $COIN

Mutual Advisors LLC grew its stake in shares of Coinbase Global, Inc. (NASDAQ:COIN) by 251.1% during the 3rd quarter, HoldingsChannel reports. The fund owned 9,810 shares of the cryptocurrency exchange’s stock after buying an additional 7,016 shares during the period. Mutual Advisors LLC’s holdings in Coinbase Global were worth $3,166,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Integrated Wealth Concepts LLC raised its stake in shares of Coinbase Global by 24.2% during the 1st quarter. Integrated Wealth Concepts LLC now owns 2,119 shares of the cryptocurrency exchange’s stock valued at $365,000 after purchasing an additional 413 shares during the period. Empowered Funds LLC increased its position in shares of Coinbase Global by 25.8% during the first quarter. Empowered Funds LLC now owns 8,581 shares of the cryptocurrency exchange’s stock valued at $1,478,000 after buying an additional 1,761 shares during the period. Focus Partners Wealth lifted its holdings in shares of Coinbase Global by 9.9% in the first quarter. Focus Partners Wealth now owns 5,202 shares of the cryptocurrency exchange’s stock worth $896,000 after buying an additional 467 shares in the last quarter. Sivia Capital Partners LLC bought a new position in shares of Coinbase Global in the second quarter valued at approximately $285,000. Finally, Ameritas Advisory Services LLC purchased a new position in Coinbase Global during the second quarter valued at approximately $227,000. 68.84% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Coinbase Global news, CFO Alesia J. Haas sold 8,050 shares of Coinbase Global stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $250.00, for a total value of $2,012,500.00. Following the transaction, the chief financial officer directly owned 70,664 shares of the company’s stock, valued at $17,666,000. The trade was a 10.23% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Frederick Ernest Ehrsam III sold 1,375 shares of Coinbase Global stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $250.27, for a total transaction of $344,121.25. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 795,587 shares of company stock valued at $232,280,330. 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 benefits from growing regulatory clarity — SEC chair and lawmakers are pushing the CLARITY Act and other measures that would clarify rules for crypto markets, which the industry (including Coinbase) says would open institutional participation and reduce regulatory risk. SEC’s Paul Atkins Pushes Congress to Sign CLARITY Act
• Positive Sentiment: Strategic pivot to derivatives and prediction markets could support fee diversification and higher churn even if Bitcoin stagnates — management is integrating Deribit and building derivatives/prediction products that can offset spot-trading weakness (a multi-quarter transformational story). (See company commentary and recent sector analysis.)
• Neutral Sentiment: Reported short-interest data is essentially zero/ambiguous for the latest snapshot, so it is not currently a clear driver of price action or a short-covering squeeze risk.
• Neutral Sentiment: Sector operational risks persist after a large Solana/Step Finance treasury breach; it increases overall crypto-risk sentiment but is not directly tied to Coinbase’s platform security. Who Struck Step Finance?
• Negative Sentiment: Market reaction to Bitcoin slipping below $80,000 pressured Coinbase shares (crypto-exchange revenues correlate with crypto volatility and trading volume). Coinbase Stock Drops As Bitcoin Slips Below $80,000
• Negative Sentiment: An insider-trading lawsuit against Coinbase directors (including CEO Brian Armstrong) was allowed to proceed by a judge, reviving legal and governance headline risk despite an internal clearance — this increases near-term uncertainty for investors. Coinbase Directors and CEO Facing Insider Trading Lawsuit
• Negative Sentiment: Macro and market-fear narratives (e.g., predictions of extreme government intervention in asset holdings) are circulating and can amplify sell pressure in crypto-linked equities when sentiment turns risk-off. Balaji Srinivasan Predicts Mass Asset Seizures
• Negative Sentiment: Short-term headline: Zacks flagged the stock’s drop amid broader market gains, highlighting the immediate negative momentum and investor caution. COIN Stock Drops Despite Market Gains

Coinbase Global Stock Performance

Shares of NASDAQ COIN opened at $187.86 on Tuesday. The stock’s 50-day moving average is $243.58 and its 200 day moving average is $298.37. The stock has a market cap of $50.65 billion, a price-to-earnings ratio of 16.25 and a beta of 3.70. Coinbase Global, Inc. has a 1-year low of $142.58 and a 1-year high of $444.64. The company has a current ratio of 2.40, a quick ratio of 2.40 and a debt-to-equity ratio of 0.37.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Oppenheimer cut their price target on shares of Coinbase Global from $381.00 to $370.00 and set an “outperform” rating for the company in a report on Monday, January 12th. Weiss Ratings reiterated a “hold (c)” rating on shares of Coinbase Global in a research report on Friday, January 9th. HC Wainwright upgraded Coinbase Global from a “sell” rating to a “buy” rating and boosted their target price for the stock from $300.00 to $425.00 in a research report on Thursday, October 30th. Bank of America upgraded Coinbase Global from a “neutral” rating to a “buy” rating and set a $340.00 target price on the stock in a research note on Thursday, January 8th. Finally, Robert W. Baird set a $240.00 price target on Coinbase Global and gave the company a “neutral” rating in a research report on Tuesday, January 27th. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $356.27.

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.