Union Bancaire Privee UBP SA Boosts Holdings in Coinbase Global, Inc. $COIN

Union Bancaire Privee UBP SA lifted its stake in shares of Coinbase Global, Inc. (NASDAQ:COIN) by 12,431.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,158 shares of the cryptocurrency exchange’s stock after acquiring an additional 13,053 shares during the period. Union Bancaire Privee UBP SA’s holdings in Coinbase Global were worth $2,976,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. REAP Financial Group LLC acquired a new position in shares of Coinbase Global in the 3rd quarter valued at $25,000. Evelyn Partners Investment Management Europe Ltd increased its holdings in shares of Coinbase Global by 92.3% during the 2nd quarter. Evelyn Partners Investment Management Europe Ltd now owns 75 shares of the cryptocurrency exchange’s stock worth $29,000 after buying an additional 36 shares during the last quarter. Palisade Asset Management LLC acquired a new stake in shares of Coinbase Global during the 3rd quarter worth $29,000. Salomon & Ludwin LLC raised its position in shares of Coinbase Global by 4,400.0% in the 3rd quarter. Salomon & Ludwin LLC now owns 90 shares of the cryptocurrency exchange’s stock worth $30,000 after buying an additional 88 shares during the period. Finally, Foster Dykema Cabot & Partners LLC purchased a new position in shares of Coinbase Global in the 3rd quarter worth $35,000. 68.84% of the stock is owned by institutional investors and hedge funds.

Coinbase Global Trading Down 2.7%

NASDAQ:COIN opened at $197.50 on Friday. The stock has a market cap of $52.16 billion, a price-to-earnings ratio of 44.99, a price-to-earnings-growth ratio of 3.57 and a beta of 3.70. Coinbase Global, Inc. has a one year low of $139.36 and a one year high of $444.64. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.34 and a current ratio of 2.34. The business’s 50-day simple moving average is $194.11 and its 200 day simple moving average is $261.83.

Coinbase Global (NASDAQ:COIN) last issued its quarterly earnings data on Thursday, February 12th. The cryptocurrency exchange reported $0.66 earnings per share for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.17). Coinbase Global had a net margin of 17.55% and a return on equity of 8.68%. The business had revenue of $1.78 billion for the quarter, compared to analyst estimates of $1.86 billion. During the same quarter last year, the business earned $4.68 EPS. Coinbase Global’s revenue for the quarter was down 21.6% compared to the same quarter last year. As a group, sell-side analysts predict that Coinbase Global, Inc. will post 7.22 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have issued reports on COIN. Raymond James Financial reissued a “market perform” rating on shares of Coinbase Global in a research report on Thursday, January 8th. Compass Point cut their price objective on Coinbase Global from $190.00 to $140.00 and set a “sell” rating on the stock in a report on Friday, February 20th. Oppenheimer reduced their price objective on Coinbase Global from $381.00 to $370.00 and set an “outperform” rating on the stock in a research note on Monday, January 12th. Sanford C. Bernstein reiterated an “outperform” rating and set a $440.00 target price on shares of Coinbase Global in a report on Tuesday, January 6th. Finally, Canaccord Genuity Group dropped their target price on shares of Coinbase Global from $400.00 to $300.00 and set a “buy” rating for the company in a research report on Friday, February 13th. Nineteen research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $272.31.

Insider Transactions at Coinbase Global

In related news, CFO Alesia J. Haas sold 9,950 shares of Coinbase Global stock in a transaction on Monday, March 16th. The shares were sold at an average price of $201.60, for a total value of $2,005,920.00. Following the completion of the sale, the chief financial officer owned 387,221 shares in the company, valued at approximately $78,063,753.60. The trade was a 2.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Frederick Ernest Ehrsam III sold 1,375 shares of the company’s stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $250.27, for a total transaction of $344,121.25. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 478,120 shares of company stock valued at $83,884,750. 16.56% of the stock is currently owned by corporate insiders.

Coinbase Global News Roundup

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

• Positive Sentiment: Expansion of derivatives and 24/7 market access — Coinbase rolled out stock perpetual futures for non‑U.S. users, widening its derivatives product suite and creating a new, always‑on revenue stream for international customers. Coinbase launches 24/7 stock perps for non-US traders
• Positive Sentiment: Tokenized fund & asset management expansion — Coinbase Asset Management and Apex launched a tokenized Bitcoin Yield Fund on Base, demonstrating new product distribution and fee opportunities for institutional customers. Coinbase, Apex tokenize Bitcoin Yield Fund on Base
• Positive Sentiment: Partnership & expansion chatter — Reports of a potential large‑scale tie‑up with Bybit and new Chainlink CCIP selection for asset transfers signal distribution and infrastructure wins that could materially scale Coinbase’s derivatives and cross‑chain flows. Coinbase to Boost Global Expansion With Bybit Partnership? Coinbase Selects Chainlink CCIP
• Positive Sentiment: Analyst support — Rothschild & Co Redburn raised its price target on COIN, signaling constructive sell‑side views that can buoy investor sentiment. Rothschild & Co Redburn adjusts PT on Coinbase
• Neutral Sentiment: Insider sale disclosed — CFO Alesia Haas sold ~9,950 shares (~$2.0M); the sale is small relative to her holdings and can be routine liquidity rather than a signal of company weakness. SEC Form 4
• Neutral Sentiment: Industry tailwinds — A Coinbase survey showed rising institutional appetite for crypto (73% plan to increase exposure), which supports longer‑term revenue potential even if flows are variable. 73% of Institutional Investors Plan to Increase Crypto Holdings
• Negative Sentiment: Security and phishing concerns — A Coinbase‑linked Commerce page was reported to prompt users for seed phrases, raising user‑security and reputational risk that can dent retail trust and platform usage. Coinbase subdomain seed phrase security concern
• Negative Sentiment: Malware and wallet attacks — Reports of iOS‑targeting DarkSword malware affecting crypto wallets (including Coinbase) amplify security worries and could reduce retail activity. DarkSword Malware Strikes iOS
• Negative Sentiment: Competitive & macro/crypto headwinds — Missed inorganic opportunities (BVNK → Mastercard) and a possible Bitcoin pullback or “bull trap” heighten short‑term revenue risk for Coinbase, and some outlets have flagged the stock in negative screens (e.g., Zacks). Mastercard Acquires BVNK Bitcoin bull trap warning Zacks: COIN vs GOLD

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.