Securian Asset Management Inc. Has $1.39 Million Stock Position in Coinbase Global, Inc. $COIN

Posted by Francis Steltz on May 13th, 2026

Securian Asset Management Inc. lowered its stake in Coinbase Global, Inc. (NASDAQ:COIN) by 43.5% during the fourth quarter, Holdings Channel reports. The institutional investor owned 6,147 shares of the cryptocurrency exchange’s stock after selling 4,736 shares during the period. Securian Asset Management Inc.’s holdings in Coinbase Global were worth $1,390,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. REAP Financial Group LLC acquired a new position in Coinbase Global in the 3rd quarter valued at about $25,000. Palisade Asset Management LLC acquired a new position in Coinbase Global in the 3rd quarter valued at about $29,000. Foster Dykema Cabot & Partners LLC acquired a new position in Coinbase Global in the 3rd quarter valued at about $35,000. Cloud Capital Management LLC acquired a new position in Coinbase Global in the 3rd quarter valued at about $36,000. Finally, Stephens Consulting LLC grew its stake in Coinbase Global by 99.0% in the 4th quarter. Stephens Consulting LLC now owns 201 shares of the cryptocurrency exchange’s stock valued at $45,000 after buying an additional 100 shares during the last quarter. 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: Coinbase added Solana (SOL) to its crypto-backed loans offering, expanding its lending product and potentially boosting user engagement and asset utility. Coinbase and Morpho Unveil Solana-Backed Loans
Positive Sentiment: President Capital raised its price target on Coinbase to $264 and reiterated a buy rating, signaling confidence in upside from current levels.
Positive Sentiment: HC Wainwright and other firms maintained buy ratings despite trimming estimates, while Needham reiterated a buy rating with a $300 target, reinforcing a broadly constructive Wall Street view.
Positive Sentiment: Coinbase continues to benefit from progress on broader crypto market infrastructure, including CME’s move toward 24/7 crypto futures trading and Senate debate over the CLARITY Act, both of which could support long-term adoption.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. The Goldman Sachs Group upped their price target on shares of Coinbase Global from $225.00 to $231.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Cantor Fitzgerald boosted their price objective on shares of Coinbase Global from $221.00 to $250.00 and gave the company an “overweight” rating in a report on Tuesday, April 21st. Zacks Research raised shares of Coinbase Global from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 14th. Mizuho boosted their price objective on shares of Coinbase Global from $170.00 to $200.00 and gave the company a “neutral” rating in a report on Tuesday. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Coinbase Global from $252.00 to $290.00 and gave the company an “overweight” rating in a report on Tuesday, May 5th. Nineteen analysts have rated the stock with a Buy rating, ten have issued a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $251.91.

Read Our Latest Report on COIN

Insider Transactions at Coinbase Global

In related news, CFO Alesia J. Haas sold 10,020 shares of the company’s stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $200.00, for a total transaction of $2,004,000.00. Following the completion of the transaction, the chief financial officer directly owned 397,171 shares in the company, valued at $79,434,200. This represents a 2.46% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In the last ninety days, insiders have sold 29,990 shares of company stock worth $6,013,920. 16.66% of the stock is owned by corporate insiders.

Coinbase Global Stock Performance

Shares of Coinbase Global stock opened at $207.64 on Wednesday. The company has a 50 day moving average of $190.74 and a 200-day moving average of $224.26. Coinbase Global, Inc. has a 1-year low of $139.36 and a 1-year high of $444.64. The company has a current ratio of 2.34, a quick ratio of 2.34 and a debt-to-equity ratio of 0.40. The company has a market cap of $54.83 billion, a PE ratio of 78.06, a price-to-earnings-growth ratio of 5.77 and a beta of 3.38.

Coinbase Global (NASDAQ:COIN – Get Free Report) last issued its quarterly earnings results on Thursday, May 7th. The cryptocurrency exchange reported ($1.49) earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by ($1.55). Coinbase Global had a return on equity of 4.06% and a net margin of 12.20%.The firm had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.49 billion. During the same period last year, the company posted $0.24 EPS. The business’s revenue was down 30.5% on a year-over-year basis. As a group, equities research analysts forecast that Coinbase Global, Inc. will post 2.58 earnings per share for the current fiscal year.

Coinbase Global Company Profile

(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.