Tredje AP fonden Sells 3,045 Shares of Coinbase Global, Inc. $COIN

Tredje AP fonden lessened its stake in Coinbase Global, Inc. (NASDAQ:COIN) by 4.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 69,634 shares of the cryptocurrency exchange’s stock after selling 3,045 shares during the quarter. Tredje AP fonden’s holdings in Coinbase Global were worth $23,501,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. REAP Financial Group LLC acquired a new stake in shares of Coinbase Global in the third quarter valued at approximately $25,000. Evelyn Partners Investment Management Europe Ltd boosted its position in Coinbase Global by 92.3% in the 2nd quarter. Evelyn Partners Investment Management Europe Ltd now owns 75 shares of the cryptocurrency exchange’s stock valued at $29,000 after buying an additional 36 shares during the last quarter. Cullen Frost Bankers Inc. acquired a new stake in shares of Coinbase Global in the 2nd quarter valued at $30,000. Salomon & Ludwin LLC lifted its stake in shares of Coinbase Global by 4,400.0% during the third quarter. Salomon & Ludwin LLC now owns 90 shares of the cryptocurrency exchange’s stock valued at $30,000 after acquiring an additional 88 shares during the period. Finally, City State Bank bought a new position in Coinbase Global in the second quarter valued at about $33,000. 68.84% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have weighed in on COIN. Rothschild & Co Redburn dropped their price objective on Coinbase Global from $403.00 to $288.00 and set a “buy” rating for the company in a report on Wednesday. Zacks Research cut shares of Coinbase Global from a “hold” rating to a “strong sell” rating in a research report on Tuesday. Argus reissued a “hold” rating on shares of Coinbase Global in a research note on Tuesday, November 25th. B. Riley Financial raised their price objective on shares of Coinbase Global from $185.00 to $243.00 and gave the company a “neutral” rating in a research note on Monday, November 3rd. Finally, BTIG Research dropped their target price on shares of Coinbase Global from $340.00 to $280.00 and set a “buy” rating for the company in a research report on Friday, February 13th. Nineteen equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Coinbase Global has a consensus rating of “Moderate Buy” and a consensus price target of $281.15.

Insider Buying and Selling at Coinbase Global

In other Coinbase Global news, Director Frederick Ernest Ehrsam III sold 4,125 shares of the firm’s stock in a transaction that occurred on Thursday, December 4th. The shares were sold at an average price of $274.06, for a total transaction of $1,130,497.50. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Alesia J. Haas sold 364,600 shares of Coinbase Global stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $154.95, for a total transaction of $56,494,770.00. Following the completion of the transaction, the chief financial officer directly owned 402,165 shares in the company, valued at approximately $62,315,466.75. The trade was a 47.55% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 574,395 shares of company stock worth $110,451,160 over the last three months. Company 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: Signs of meaningful progress on U.S. crypto regulation (White House meetings and talks on the CLARITY Act) reduce policy uncertainty for Coinbase and its institutional roadmap. White House Talks Over Stalled Crypto Bill Drag on. It Matters for Coinbase.
• Positive Sentiment: Public optimism from allies and Coinbase CEO participation at high‑profile forums (Brian Armstrong with Senator Bernie Moreno) reinforces hopes the CLARITY Act could pass, which would be structurally positive for COIN. US CLARITY Act to pass ‘hopefully by April’: Senator Bernie Moreno
• Positive Sentiment: Product monetization: Coinbase expanded on‑chain loans to accept XRP, DOGE, ADA and LTC as collateral and increased borrowing capacity — a revenue diversification signal and a way to capture more user wallet activity. Coinbase Integrates XRP, DOGE, ADA, LTC for Crypto Loans
• Positive Sentiment: Prediction markets are gaining traction on Coinbase (leadership says the sector outgrew expectations), signaling new product engagement and potential fee streams. EXCLUSIVE: Coinbase Prediction Markets Leader Says He ‘Underpredicted’ How Big The Sector Would Get
• Neutral Sentiment: Study shows community banks experienced net deposit outflows to Coinbase, highlighting customer adoption but also raising questions about banking relationships and regulatory attention. Community banks see net deposit outflows to Coinbase: Study
• Neutral Sentiment: Analyses and commentary about share buybacks are active — buybacks can support the stock but depend on the board’s pace and available cash. Do Coinbase Stock Buybacks Make COIN a Good Buy Here?
• Negative Sentiment: Multiple analyst downgrades and price‑target cuts (Compass Point, Zacks, others) increase selling pressure and highlight concerns about revenue softness and valuation. Compass Point Adjusts Coinbase Global Price Target to $140
• Negative Sentiment: User complaints over delayed/missing Super Bowl promotion payouts raise short‑term trust and customer‑service concerns that could dent user sentiment. Coinbase Super Bowl Payout Complaints Test Trust And Valuation Story
• Neutral Sentiment: Short‑interest reports in the feed show anomalous “0 shares / NaN” figures and do not provide meaningful evidence of a large short squeeze dynamic at present.

Coinbase Global Price Performance

Shares of COIN stock opened at $171.35 on Friday. The firm has a market capitalization of $46.20 billion, a price-to-earnings ratio of 39.03, a price-to-earnings-growth ratio of 2.54 and a beta of 3.70. Coinbase Global, Inc. has a 12-month low of $139.36 and a 12-month high of $444.64. The company has a quick ratio of 2.34, a current ratio of 2.34 and a debt-to-equity ratio of 0.40. The firm has a fifty day moving average of $213.86 and a 200-day moving average of $278.36.

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). Coinbase Global had a return on equity of 8.68% and a net margin of 17.55%.The business had revenue of $1.78 billion for the quarter, compared to the consensus estimate of $1.86 billion. During the same quarter in the prior year, the firm posted $4.68 earnings per share. The business’s revenue was down 21.6% on a year-over-year basis. On average, equities research analysts forecast that Coinbase Global, Inc. will post 7.22 earnings per share 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.