One Wealth Advisors LLC Invests $2 Million in Coinbase Global, Inc. $COIN

One Wealth Advisors LLC purchased a new position in Coinbase Global, Inc. (NASDAQ:COIN) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 5,925 shares of the cryptocurrency exchange’s stock, valued at approximately $2,000,000.

Several other institutional investors also recently bought and sold shares of COIN. Ameriflex Group Inc. raised its holdings in Coinbase Global by 20.0% in the second quarter. Ameriflex Group Inc. now owns 180 shares of the cryptocurrency exchange’s stock worth $68,000 after buying an additional 30 shares during the last quarter. Capital Advisors Wealth Management LLC increased its position in shares of Coinbase Global by 2.0% during the third quarter. Capital Advisors Wealth Management LLC now owns 1,549 shares of the cryptocurrency exchange’s stock valued at $523,000 after acquiring an additional 30 shares in the last quarter. Elevation Wealth Partners LLC increased its position in shares of Coinbase Global by 37.6% during the third quarter. Elevation Wealth Partners LLC now owns 117 shares of the cryptocurrency exchange’s stock valued at $39,000 after acquiring an additional 32 shares in the last quarter. Pettinga Financial Advisors LLC raised its holdings in Coinbase Global by 2.6% in the 2nd quarter. Pettinga Financial Advisors LLC now owns 1,321 shares of the cryptocurrency exchange’s stock worth $463,000 after acquiring an additional 34 shares during the last quarter. Finally, StoneX Group Inc. lifted its position in Coinbase Global by 1.8% in the 2nd quarter. StoneX Group Inc. now owns 1,970 shares of the cryptocurrency exchange’s stock valued at $690,000 after acquiring an additional 34 shares in the last quarter. 68.84% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Coinbase Global

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

• Positive Sentiment: Major U.S. banks are moving into Bitcoin trading and custody (River reports ~60% of top 25 banks are “into Bitcoin”), which supports Coinbase’s institutional growth and custody product demand. 60% of top US banks are geared up for Bitcoin: River
• Positive Sentiment: Coinbase’s own research: a majority of institutional investors surveyed view Bitcoin as undervalued, implying potential buy-side interest if prices stabilize — a tailwind for exchange volumes over time. Majority of institutional investors say Bitcoin is undervalued: Coinbase
• Positive Sentiment: Tokenization and regulatory clarity (CLARITY Act momentum highlighted by Coinbase at Davos) reinforce Coinbase’s strategic push into tokenized assets and institutional services. Coinbase Spotlights Davos Momentum Toward Tokenization and CLARITY Act
• Neutral Sentiment: Brian Armstrong formed an advisory board to study long-term threats (e.g., quantum computing) — shows governance/tech preparedness but limited immediate revenue impact. Coinbase Is Prepping For ‘Future Threats’ …
• Neutral Sentiment: Industry/strategy commentary from Davos and executive interviews underline long-term opportunity but are not immediate catalysts for revenue. Coinbase CEO Brian Armstrong Reflects …
• Negative Sentiment: Record weekly ETF outflows and a deeply negative Coinbase premium signal U.S. institutional selling pressure and weak domestic demand — likely to hurt trading volumes and revenue near term. Bitcoin Stuck in 60-Day Range as Record ETF Outflows Show US Selling Pressure
• Negative Sentiment: Coinbase premium hitting 12‑month lows and technical commentary warning of deeper BTC downside (targets much lower) increase the risk of lower volumes and margin compression. Bitcoin Coinbase Premium stays deeply negative…
• Negative Sentiment: Analyst/firm commentary is turning cautious: KeyCorp published a bearish forecast for Coinbase Q4 and media noted COIN shares slipped in recent trading, signaling near-term analyst/market pressure. KeyCorp Has Bearish Forecast for Coinbase Global Q4 Earnings
• Negative Sentiment: Political/regulatory friction after Armstrong’s role in delaying crypto legislation prompted a public White House rebuke — raises near-term policy uncertainty risk. Coinbase power play sparks crypto rift …

Analyst Ratings Changes

A number of analysts have commented on COIN shares. Redburn Partners set a $417.00 target price on Coinbase Global in a report on Friday, October 3rd. Citigroup reiterated a “market outperform” rating on shares of Coinbase Global in a report on Thursday, December 18th. Piper Sandler lowered their target price on shares of Coinbase Global from $350.00 to $270.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 14th. Mizuho set a $280.00 price target on shares of Coinbase Global in a research note on Tuesday, December 16th. Finally, Oppenheimer decreased their price objective 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. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $361.58.

Insider Transactions at Coinbase Global

In other Coinbase Global news, CFO Alesia J. Haas sold 8,050 shares of the company’s stock in a transaction dated 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 completion of the sale, the chief financial officer owned 70,664 shares in the company, valued at $17,666,000. This represents a 10.23% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Frederick Ernest Ehrsam III sold 1,375 shares of the company’s stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $250.27, for a total value of $344,121.25. The SEC filing for this sale provides additional information. Insiders sold 820,587 shares of company stock worth $240,717,580 in the last three months. Corporate insiders own 16.56% of the company’s stock.

Coinbase Global Stock Performance

COIN opened at $213.48 on Tuesday. The company’s 50 day moving average is $248.62 and its 200 day moving average is $305.24. The company has a current ratio of 2.40, a quick ratio of 2.40 and a debt-to-equity ratio of 0.37. The company has a market cap of $57.56 billion, a price-to-earnings ratio of 18.47 and a beta of 3.70. Coinbase Global, Inc. has a 12-month low of $142.58 and a 12-month high of $444.64.

Coinbase Global (NASDAQ:COIN) last announced its earnings results on Thursday, October 30th. The cryptocurrency exchange reported $1.44 EPS for the quarter, beating analysts’ consensus estimates of $1.04 by $0.40. The business had revenue of $1.87 billion during the quarter, compared to analysts’ expectations of $1.77 billion. Coinbase Global had a net margin of 41.99% and a return on equity of 15.70%. The firm’s revenue was up 55.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.28 earnings per share. On average, equities research analysts predict that Coinbase Global, Inc. will post 7.22 EPS for the current year.

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.