Rep. Gilbert Ray Cisneros, Jr. Buys Coinbase Global, Inc. (NASDAQ:COIN) Shares

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of Coinbase Global, Inc. (NASDAQ:COIN). In a filing disclosed on November 18th, the Representative disclosed that they had bought between $1,001 and $15,000 in Coinbase Global stock on October 9th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of CommVault Systems (NASDAQ:CVLT) on 11/3/2025.
• Sold $1,001 – $15,000 in shares of The Descartes Systems Group (NASDAQ:DSGX) on 11/3/2025.
• Purchased $1,001 – $15,000 in shares of Cohen & Steers (NYSE:CNS) on 10/30/2025.
• Purchased $1,001 – $15,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 10/30/2025.
• Sold $1,001 – $15,000 in shares of UFP Industries (NASDAQ:UFPI) on 10/30/2025.
• Purchased $1,001 – $15,000 in shares of Enerpac Tool Group (NYSE:EPAC) on 10/30/2025.
• Sold $1,001 – $15,000 in shares of Sterling Infrastructure (NASDAQ:STRL) on 10/30/2025.
• Purchased $1,001 – $15,000 in shares of Tencent (OTC:TCTZF) on 10/21/2025.
• Purchased $1,001 – $15,000 in shares of Mitsubishi Heavy Industries (OTCMKTS:MHVYF) on 10/21/2025.
• Purchased $1,001 – $15,000 in shares of Iberdrola (OTCMKTS:IBDSF) on 10/21/2025.

Coinbase Global Stock Performance

Coinbase Global stock traded up $15.97 during mid-day trading on Monday, reaching $256.38. The company’s stock had a trading volume of 6,043,837 shares, compared to its average volume of 10,948,658. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.40 and a current ratio of 2.40. The firm’s fifty day moving average price is $327.03 and its two-hundred day moving average price is $317.14. The company has a market capitalization of $69.13 billion, a P/E ratio of 22.18 and a beta of 3.67. 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 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.04 by $0.40. The business had revenue of $1.87 billion during the quarter, compared to analyst estimates of $1.77 billion. Coinbase Global had a net margin of 41.99% and a return on equity of 15.70%. Coinbase Global’s revenue for the quarter was up 55.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.28 earnings per share. Sell-side analysts predict that Coinbase Global, Inc. will post 7.22 EPS for the current fiscal year.

Institutional Investors Weigh In On Coinbase Global

Several hedge funds have recently made changes to their positions in the company. Cadent Capital Advisors LLC increased its stake in shares of Coinbase Global by 1.0% in the 2nd quarter. Cadent Capital Advisors LLC now owns 3,162 shares of the cryptocurrency exchange’s stock worth $1,108,000 after acquiring an additional 30 shares in the last quarter. Ameriflex Group Inc. grew 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 purchasing an additional 30 shares during the period. Capital Advisors Wealth Management LLC lifted its holdings 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 purchasing an additional 30 shares during the last quarter. Elevation Wealth Partners LLC boosted its position in shares of Coinbase Global by 37.6% in the 3rd quarter. Elevation Wealth Partners LLC now owns 117 shares of the cryptocurrency exchange’s stock worth $39,000 after purchasing an additional 32 shares in the last quarter. Finally, West Family Investments Inc. grew its stake in shares of Coinbase Global by 3.3% in the 3rd quarter. West Family Investments Inc. now owns 1,029 shares of the cryptocurrency exchange’s stock worth $347,000 after buying an additional 33 shares during the last quarter. 68.84% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on COIN shares. Redburn Partners set a $417.00 target price on shares of Coinbase Global in a research report on Friday, October 3rd. Cantor Fitzgerald lowered their target price on Coinbase Global from $500.00 to $459.00 and set an “overweight” rating for the company in a research note on Friday, October 31st. Canaccord Genuity Group restated a “buy” rating and set a $400.00 price target on shares of Coinbase Global in a research report on Friday, August 1st. Williams Trading set a $405.00 price objective on Coinbase Global in a research report on Thursday, July 31st. Finally, China Renaissance lifted their target price on shares of Coinbase Global from $444.60 to $479.30 in a research note on Monday, November 3rd. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Coinbase Global presently has an average rating of “Moderate Buy” and an average price target of $398.08.

Insider Activity at Coinbase Global

In other Coinbase Global news, Director Frederick Ernest Ehrsam III sold 277,074 shares of the business’s stock in a transaction on Thursday, November 6th. The stock was sold at an average price of $309.92, for a total value of $85,870,774.08. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, COO Emilie Choi sold 100,000 shares of the firm’s stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $310.88, for a total value of $31,088,000.00. Following the transaction, the chief operating officer owned 187,802 shares of the company’s stock, valued at $58,383,885.76. The trade was a 34.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 739,732 shares of company stock valued at $230,039,808 in the last 90 days. Corporate insiders own 23.43% of the company’s stock.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About Coinbase Global

Coinbase Global, Inc provides financial infrastructure and technology for the crypto economy in the United States and internationally. The company offers the primary financial account in the crypto economy for consumers; and a marketplace with a pool of liquidity for transacting in crypto assets for institutions.