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

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Coinbase Global, Inc. (NASDAQ:COIN). In a filing disclosed on March 09th, the Representative disclosed that they had sold between $1,001 and $15,000 in Coinbase Global stock on February 12th. 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):

• Sold $1,001 – $15,000 in shares of Thermon Group (NYSE:THR) on 3/2/2026.
• Purchased $1,001 – $15,000 in shares of Federal Signal (NYSE:FSS) on 3/2/2026.
• Purchased $1,001 – $15,000 in shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of Uber Technologies (NYSE:UBER) on 2/24/2026.
• Sold $1,001 – $15,000 in shares of Robinhood Markets (NASDAQ:HOOD) on 2/24/2026.
• Purchased $1,001 – $15,000 in shares of Micron Technology (NASDAQ:MU) on 2/24/2026.
• Sold $1,001 – $15,000 in shares of Oracle (NYSE:ORCL) on 2/24/2026.
• Purchased $1,001 – $15,000 in shares of Champion Homes (NYSE:SKY) on 2/23/2026.
• Sold $1,001 – $15,000 in shares of Tri Pointe Homes (NYSE:TPH) on 2/23/2026.
• Sold $1,001 – $15,000 in shares of Xiaomi (OTCMKTS:XIACF) on 2/20/2026.

Coinbase Global Trading Down 1.9%

COIN stock traded down $3.68 during mid-day trading on Thursday, hitting $194.95. 5,274,520 shares of the company were exchanged, compared to its average volume of 12,534,533. Coinbase Global, Inc. has a 12-month low of $139.36 and a 12-month high of $444.64. The firm has a market capitalization of $51.48 billion, a P/E ratio of 44.32, a PEG ratio of 3.46 and a beta of 3.70. The business has a fifty day simple moving average of $200.02 and a 200-day simple moving average of $266.71. 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 earnings results on Thursday, February 12th. The cryptocurrency exchange reported $0.66 earnings per share for the quarter, missing the consensus estimate of $0.83 by ($0.17). The company had revenue of $1.78 billion during the quarter, compared to analyst estimates of $1.86 billion. Coinbase Global had a net margin of 17.55% and a return on equity of 8.68%. The firm’s revenue for the quarter was down 21.6% on a year-over-year basis. During the same quarter last year, the business posted $4.68 EPS. On average, equities research analysts predict that Coinbase Global, Inc. will post 7.22 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Wall Street Zen downgraded Coinbase Global from a “hold” rating to a “sell” rating in a research report on Saturday, November 22nd. Deutsche Bank Aktiengesellschaft set a $250.00 price target on Coinbase Global in a research report on Friday, February 13th. Monness Crespi & Hardt downgraded Coinbase Global from a “hold” rating to a “sell” rating in a research report on Monday, February 23rd. Canaccord Genuity Group reduced their target price on shares of Coinbase Global from $400.00 to $300.00 and set a “buy” rating on the stock in a report on Friday, February 13th. Finally, Zacks Research downgraded shares of Coinbase Global from a “hold” rating to a “strong sell” rating in a research note on Tuesday, February 17th. Nineteen equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $270.51.

Institutional Trading of Coinbase Global

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its stake in Coinbase Global by 25.5% during the 2nd quarter. Vanguard Group Inc. now owns 24,208,863 shares of the cryptocurrency exchange’s stock worth $8,484,964,000 after acquiring an additional 4,914,407 shares in the last quarter. Norges Bank acquired a new stake in shares of Coinbase Global during the second quarter worth about $1,044,354,000. Geode Capital Management LLC increased its position in shares of Coinbase Global by 46.1% during the second quarter. Geode Capital Management LLC now owns 5,559,513 shares of the cryptocurrency exchange’s stock worth $1,940,805,000 after purchasing an additional 1,755,146 shares in the last quarter. Capital World Investors lifted its holdings in shares of Coinbase Global by 847.2% in the 4th quarter. Capital World Investors now owns 1,536,534 shares of the cryptocurrency exchange’s stock valued at $347,472,000 after purchasing an additional 1,374,318 shares during the last quarter. Finally, Ruffer LLP acquired a new stake in shares of Coinbase Global in the 4th quarter valued at about $166,515,000. Institutional investors and hedge funds own 68.84% of the company’s stock.

Key Coinbase Global News

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

• Positive Sentiment: Launched regulated crypto and index futures across 26 European countries — widens Coinbase’s addressable market, creates new fee and institutional flow opportunities, and signals regulatory progress in Europe. COIN Broadens Reach With Europe Futures
• Positive Sentiment: Rolling out Agentic Wallets and positioning for AI-driven crypto payments — product innovation that could drive new transaction volumes and sticky use cases as machines/autonomous agents transact in crypto. AI Agents Set to Dominate Crypto Payments
• Neutral Sentiment: JPMorgan faces a proposed $328M class-action alleging transfers to Coinbase wallets tied to a Ponzi — Coinbase is not the defendant in the suit, but the story can create short-term headlines and reputational questions about on‑chain flows. JPMorgan Faces $328M Lawsuit
• Neutral Sentiment: Short‑interest reports posted odd/zero values this week (likely data issues) — no clear evidence of a material short-squeeze or escalating borrow pressure at present (monitor for corrected filings).
• Negative Sentiment: Allegations on “crypto Twitter” that Coinbase is opposing a Bitcoin de‑minimis tax exemption to favor stablecoins — if true, this could spark regulatory scrutiny and community backlash, weighing on user trust and policy relationships. Is Coinbase Sabotaging Bitcoin De Minimis Tax Exemption?
• Negative Sentiment: Analyst/market pieces note COIN is lagging the industry YTD and trading at a premium amid falling earnings estimates — valuation and earnings momentum are key near‑term headwinds for the stock. COIN Lags Industry YTD, Trades at Premium

Insiders Place Their Bets

In other Coinbase Global news, CFO Alesia J. Haas sold 364,600 shares of the business’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $154.95, for a total value of $56,494,770.00. Following the completion of the sale, the chief financial officer owned 402,165 shares in the company, valued at approximately $62,315,466.75. The trade was a 47.55% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Frederick Ernest Ehrsam III sold 2,750 shares of the firm’s 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 476,920 shares of company stock valued at $84,194,452 over the last quarter. Company insiders own 16.56% 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.

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.