Key Points
- CFO Alesia Haas sold 9,950 shares on March 16 at an average price of $201.60 for roughly $2,005,920, trimming her holding to 387,221 shares (a 2.51% reduction), according to the SEC filing.
- Coinbase missed expectations for the quarter with EPS of $0.66 versus $0.83 forecast and revenue of $1.78B (down 21.6% YoY and below the $1.86B consensus); the company has a market cap of about $53.4B and a 52‑week range of $139.36–$444.64.
- Market sentiment is mixed: institutional ownership is high (~68.8%), the consensus rating is "Hold" with an average target of $272.17, and near‑term catalysts (BTC rebound, AI/payments initiatives, potential Bybit tie‑up) are offset by risks like the lost BVNK opportunity and a Zacks "Strong Sell" listing.
Coinbase Global, Inc. (NASDAQ:COIN) CFO Alesia Haas sold 9,950 shares of the business's stock in a transaction on Monday, March 16th. The stock was sold at an average price of $201.60, for a total transaction of $2,005,920.00. Following the completion of the sale, the chief financial officer directly owned 387,221 shares of the company's stock, valued at approximately $78,063,753.60. The trade was a 2.51% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Coinbase Global Stock Performance
COIN opened at $202.29 on Thursday. 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 company has a market cap of $53.42 billion, a price-to-earnings ratio of 46.08, a PEG ratio of 3.70 and a beta of 3.70. Coinbase Global, Inc. has a 52-week low of $139.36 and a 52-week high of $444.64. The firm's fifty day simple moving average is $195.83 and its two-hundred day simple moving average is $263.00.
Coinbase Global (NASDAQ:COIN - Get Free Report) last released its earnings results on Thursday, February 12th. The cryptocurrency exchange reported $0.66 EPS for the quarter, missing analysts' consensus estimates of $0.83 by ($0.17). Coinbase Global had a return on equity of 8.68% and a net margin of 17.55%.The company had revenue of $1.78 billion for the quarter, compared to analysts' expectations of $1.86 billion. During the same period in the prior year, the firm earned $4.68 EPS. The firm's revenue for the quarter was down 21.6% on a year-over-year basis. Equities analysts anticipate that Coinbase Global, Inc. will post 7.22 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of COIN. Integrated Wealth Concepts LLC increased its holdings in shares of Coinbase Global by 24.2% in the first quarter. Integrated Wealth Concepts LLC now owns 2,119 shares of the cryptocurrency exchange's stock valued at $365,000 after purchasing an additional 413 shares during the last quarter. Empowered Funds LLC boosted its stake in Coinbase Global by 25.8% during the first quarter. Empowered Funds LLC now owns 8,581 shares of the cryptocurrency exchange's stock worth $1,478,000 after buying an additional 1,761 shares during the last quarter. Focus Partners Wealth boosted its stake in Coinbase Global by 9.9% during the first quarter. Focus Partners Wealth now owns 5,202 shares of the cryptocurrency exchange's stock worth $896,000 after buying an additional 467 shares during the last quarter. Sivia Capital Partners LLC purchased a new stake in Coinbase Global in the 2nd quarter valued at $285,000. Finally, Avantax Advisory Services Inc. grew its holdings in Coinbase Global by 30.6% in the 2nd quarter. Avantax Advisory Services Inc. now owns 9,417 shares of the cryptocurrency exchange's stock valued at $3,301,000 after buying an additional 2,206 shares in the last quarter. 68.84% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
COIN has been the subject of several research reports. Mizuho cut their price objective on Coinbase Global from $280.00 to $170.00 and set a "neutral" rating for the company in a research note on Tuesday, February 17th. Canaccord Genuity Group lowered their price target on Coinbase Global from $400.00 to $300.00 and set a "buy" rating on the stock in a research note on Friday, February 13th. Rothschild & Co Redburn dropped their price target on Coinbase Global from $288.00 to $277.00 in a research report on Monday, March 9th. Weiss Ratings reiterated a "hold (c)" rating on shares of Coinbase Global in a research report on Friday, January 9th. Finally, JPMorgan Chase & Co. decreased their price objective on Coinbase Global from $399.00 to $290.00 and set an "overweight" rating on the stock in a report on Tuesday, February 10th. Nineteen research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have issued a Sell rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $272.17.
Get Our Latest Stock Report on Coinbase Global
Key Coinbase Global News
Here are the key news stories impacting Coinbase Global this week:
- Positive Sentiment: Bitcoin rebound helps price-action — Coinbase’s stock recently climbed back above its 50‑day moving average amid a BTC rebound, which tends to lift trading volumes and fee revenue for exchanges. Coinbase Stock Retakes Key Level As Bitcoin Rebounds
- Positive Sentiment: Analyst price target increase — Robert W. Baird raised its price target on COIN to $215 (from $165) while keeping a Neutral rating, signaling modest upside in sell‑side expectations and providing support for the stock. Baird Raises Price Target
- Positive Sentiment: Product expansion into AI agent payments & AgentKit integration — Coinbase’s AgentKit work (with World and Cloudflare) and x402 micropayments integration aims to open recurring micropayment and developer revenue lines beyond spot trading. This strategic diversification is a clear bullish narrative for forward revenue resilience. AgentKit Targets AI Transactions
- Positive Sentiment: Potential Bybit tie-up to accelerate global expansion — reports that Coinbase is eyeing a large partnership with Bybit (discussed as a $25B‑scale opportunity) could meaningfully expand derivatives and global reach if executed. Bybit Partnership Coverage
- Neutral Sentiment: Insider transaction — CFO Alesia Haas disclosed a sale of ~9,950 shares (~$2.0M); still holds a large stake. Small insider sales can be routine liquidity events and are not necessarily a strategic signal. SEC Form 4
- Neutral Sentiment: California court dismisses Coinbase user’s challenge to IRS summons — courts continue to side with IRS summonses for exchange data; regulatory/legal noise persists but the dismissal is not a direct financial hit to Coinbase. IRS Summons Case Dismissed
- Negative Sentiment: Lost BVNK deal to Mastercard — BVNK, which had previously been in talks with Coinbase for a ~$2B deal, is being acquired by Mastercard for up to $1.8B; that represents a missed inorganic-innovation opportunity and increased competition in stablecoin infrastructure. Mastercard Acquires BVNK
- Negative Sentiment: Macro/crypto risk — technical analysts flagged a potential BTC “bull trap” after a rejection near $76k; a sharp crypto pullback would quickly weigh on Coinbase trading volume and revenue. Bitcoin Bull Trap Warning
- Negative Sentiment: Zacks adds COIN to Strong Sell list — a datapoint that could prompt short‑term selling or caution among some investors. Zacks Strong Sell
About Coinbase Global
(
Get Free Report)
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.
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