Marc Andreessen Sells 13,676 Shares of Coinbase Global (NASDAQ:COIN) Stock

September 11, 2026 by InsiderTrades.com

Key Points

Marc Andreessen sold 13,676 Coinbase shares for approximately $2.48 million at an average price of $181.14. The pre-arranged Rule 10b5-1 transaction reduced his direct stake by 1.19%, leaving him with 1,136,324 shares.
Coinbase’s latest quarter fell short of expectations, reporting a $1.36 loss per share versus a $0.44 expected loss and $1.22 billion in revenue versus $1.29 billion forecast. Revenue declined 18.5% year over year, highlighting the company’s sensitivity to crypto-market conditions.
Analysts maintain a consensus “Hold” rating with an average price target of $218.74, based on 18 Buy, 11 Hold and 4 Sell ratings. Institutional investors own 68.84% of Coinbase’s shares.

Coinbase Global, Inc. (NASDAQ:COIN) Director Marc Andreessen sold 13,676 shares of the business's stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $181.14, for a total value of $2,477,270.64. Following the completion of the transaction, the director directly owned 1,136,324 shares of the company's stock, valued at approximately $205,833,729.36. This trade represents a 1.19% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Coinbase Global Stock Performance

Strategic Strike: Strategy Deploys $370M to Fortify Bitcoin

Shares of COIN stock opened at $172.28 on Friday. The company has a quick ratio of 2.42, a current ratio of 2.42 and a debt-to-equity ratio of 0.45. The company has a 50 day moving average price of $165.24 and a 200-day moving average price of $175.91. Coinbase Global, Inc. has a 52 week low of $139.11 and a 52 week high of $402.16. The firm has a market capitalization of $45.45 billion, a PE ratio of -44.86 and a beta of 3.39.

Coinbase Global (NASDAQ:COIN - Get Free Report) last issued its earnings results on Thursday, July 30th. The cryptocurrency exchange reported ($1.36) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.44) by ($0.92). Coinbase Global had a positive return on equity of 3.12% and a negative net margin of 15.72%.The company had revenue of $1.22 billion during the quarter, compared to analysts' expectations of $1.29 billion. During the same quarter in the prior year, the business posted $5.14 EPS. The company's revenue for the quarter was down 18.5% compared to the same quarter last year. As a group, equities research analysts expect that Coinbase Global, Inc. will post -0.39 earnings per share for the current year.

Analysts Set New Price Targets

Blueprint for a Boom: SEC Clears the Crypto Runway

A number of analysts recently commented on COIN shares. Barclays reduced their price objective on Coinbase Global from $99.00 to $95.00 and set an "underweight" rating for the company in a research report on Friday, July 31st. KeyCorp reissued a "sector weight" rating on shares of Coinbase Global in a research report on Wednesday, June 17th. Argus restated a "hold" rating on shares of Coinbase Global in a research note on Wednesday, August 26th. Citizens Jmp reduced their price target on shares of Coinbase Global from $355.00 to $325.00 and set a "market outperform" rating for the company in a research report on Thursday, July 9th. Finally, Robert W. Baird set a $130.00 price objective on shares of Coinbase Global in a research note on Friday, July 31st. Eighteen equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and four have given a Sell rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $218.74.

Check Out Our Latest Stock Report on Coinbase Global

Key Coinbase Global News

Japan’s Crypto Overhaul Could Open the Door to a Wave of Institutional Money

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

Positive Sentiment: Coinbase partnered with payments infrastructure provider Moov to bring stablecoin acceptance, settlement and real-time funding to more than 1,000 U.S. community banks and credit unions. The initiative could expand Coinbase’s institutional reach and create additional transaction and custody revenue opportunities. Coinbase partners with Moov to boost community bank stablecoin capabilities before Clarity vote
Positive Sentiment: CEO Brian Armstrong said stablecoin payment flows could become a major growth driver, projecting significant expansion in the stablecoin market by 2030. He also argued that Bitcoin’s current cycle may have bottomed and reiterated that a $400,000 Bitcoin price by 2030 is a reasonable long-term target. These comments support the company’s growth narrative, although they are forecasts rather than new financial results. Coinbase CEO Confident Stablecoin Payments Will Fuel Growth
Positive Sentiment: Management continues to broaden Coinbase beyond spot crypto trading through its “Everything Exchange” strategy, tokenized assets, prediction-market infrastructure for Kalshi and expanded USDC yield products in Brazil. Greater product diversification could reduce reliance on transaction revenue over time.
Neutral Sentiment: Morgan Stanley initiated coverage with an Equal Weight rating and a $250 price target, reflecting substantial potential upside from recent levels but caution that Coinbase remains closely tied to the volatile crypto cycle. Morgan Stanley rates Coinbase as Hold equivalent, with price target set at $250
Neutral Sentiment: Armstrong said U.S. crypto regulation could advance through SEC and CFTC rulemaking even if the Senate’s September 15 vote on the CLARITY Act fails. The prospect of eventual clarity is favorable, but the vote remains a near-term uncertainty for investors.
Negative Sentiment: Director Marc Andreessen sold 13,676 shares worth approximately $2.5 million under a pre-arranged Rule 10b5-1 plan. The sale reduced his holdings by 1.19% and may weigh modestly on sentiment, despite being scheduled in advance. SEC insider transaction filing
Negative Sentiment: Bitcoin’s recent decline and broader crypto-market weakness are immediate headwinds for Coinbase’s trading activity, revenue and earnings outlook. The company’s latest reported quarter also showed an earnings and revenue miss, underscoring ongoing operating sensitivity to market conditions.

Hedge Funds Weigh In On Coinbase Global

Institutional investors and hedge funds have recently bought and sold shares of the stock. California State Teachers Retirement System grew its holdings in Coinbase Global by 14,352.9% during the second quarter. California State Teachers Retirement System now owns 46,883,279 shares of the cryptocurrency exchange's stock valued at $6,853,867,000 after purchasing an additional 46,558,893 shares during the period. Norges Bank bought a new position in shares of Coinbase Global in the fourth quarter worth about $656,744,000. Capital World Investors lifted its position in shares of Coinbase Global by 847.2% during the 4th quarter. Capital World Investors now owns 1,536,534 shares of the cryptocurrency exchange's stock valued at $347,472,000 after buying an additional 1,374,318 shares in the last quarter. Bank of New York Mellon Corp purchased a new position in shares of Coinbase Global during the 2nd quarter valued at about $142,995,000. Finally, Southpoint Capital Advisors LP bought a new position in shares of Coinbase Global during the 1st quarter valued at approximately $104,766,000. 68.84% of the stock is currently owned by hedge funds and other institutional investors.

Coinbase Global Company Profile

(Get Free Report)

Coinbase Global, Inc operates a digital asset and cryptocurrency platform serving retail users, institutions, developers and ecosystem partners. Through its exchange, customers can buy, sell, convert, store and transfer a range of cryptocurrencies and other digital assets. The company also provides an advanced trading platform for more experienced users and services designed for institutional trading and market access.

Its product offerings include custodial services, institutional prime brokerage and custody, staking services, a self-custody wallet, and tools that enable developers and businesses to build applications using blockchain networks.