New Age Alpha Advisors LLC Makes New Investment in Coinbase Global, Inc. $COIN

Posted by Geri Gentry on May 27th, 2026

New Age Alpha Advisors LLC acquired a new position in Coinbase Global, Inc. (NASDAQ:COIN) in the fourth quarter, Holdings Channel reports. The institutional investor acquired 12,319 shares of the cryptocurrency exchange’s stock, valued at approximately $2,786,000.

A number of other large investors have also recently made changes to their positions in COIN. Vanguard Group Inc. boosted its stake in shares of Coinbase Global by 8.3% during the 3rd quarter. Vanguard Group Inc. now owns 26,216,793 shares of the cryptocurrency exchange’s stock worth $8,847,905,000 after purchasing an additional 2,007,930 shares during the period. Ruffer LLP bought a new stake in shares of Coinbase Global in the 4th quarter valued at about $166,515,000. Artisan Partners Limited Partnership bought a new stake in shares of Coinbase Global in the 3rd quarter valued at about $224,663,000. Anatole Investment Management Ltd bought a new stake in shares of Coinbase Global in the 2nd quarter valued at about $98,698,000. Finally, Holocene Advisors LP purchased a new position in shares of Coinbase Global in the 2nd quarter worth approximately $88,424,000. 68.84% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Coinbase Global

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

Positive Sentiment: Coinbase rolled out an upgraded Direct Deposit feature for U.S. customers, allowing paycheck funds to be automatically allocated between cash and crypto. That could support recurring inflows, boost user engagement, and make it easier for retail customers to keep buying crypto through Coinbase. Coinbase Automates Crypto Investing via Upgraded Direct Deposit
Positive Sentiment: The company also expanded its Base network into AI payments with a new MCP gateway, strengthening its push into agentic commerce, stablecoin payments, and on-chain finance. Investors may see this as evidence Coinbase is building beyond trading fees into longer-term infrastructure opportunities. Coinbase pushes further into AI payments with new MCP for Base network
Positive Sentiment: CEO Brian Armstrong’s comments about tokenization, 24/7 markets, stablecoins, and AI-powered finance reinforce Coinbase’s strategy to become a broader financial platform, which could support a higher valuation if execution improves. Coinbase CEO’s finance wishlist mirrors company’s product roadmap
Neutral Sentiment: Coinbase remained a heavily watched and technically range-bound stock, with traders focusing on whether recent price levels hold. This suggests the move is being driven partly by chart patterns and market sentiment rather than a single major catalyst. Stock Of The Day: Is This The New Range For Coinbase?
Negative Sentiment: At the same time, broader crypto sentiment weakened as Bitcoin demand fell to its lowest level since December and some commentary pointed to ETF outflows, softer institutional demand, and negative Coinbase premium signals. That can weigh on Coinbase because its trading activity and investor enthusiasm are closely tied to crypto prices. Bitcoin Demand Falls To Lowest Level Since December
Negative Sentiment: There was also fresh regulatory overhang after reports that the SEC delayed tokenized stock and blockchain asset plans, which could slow Coinbase’s expansion into tokenization and related products. Coinbase CEO Flags Huge Finance Shift As SEC Delays Blockchain Plans

Analysts Set New Price Targets

A number of brokerages have recently issued reports on COIN. Bank of America cut their price objective on shares of Coinbase Global from $288.00 to $234.00 in a research report on Thursday, April 2nd. Zacks Research raised shares of Coinbase Global from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 14th. Rosenblatt Securities reissued a “buy” rating and set a $240.00 target price on shares of Coinbase Global in a research report on Wednesday, May 6th. Sanford C. Bernstein dropped their target price on shares of Coinbase Global from $440.00 to $330.00 and set an “outperform” rating on the stock in a research report on Monday, March 30th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Coinbase Global from $252.00 to $290.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 5th. Nineteen research analysts have rated the stock with a Buy rating, ten have assigned 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 a consensus price target of $252.20.

Read Our Latest Analysis on Coinbase Global

Coinbase Global Stock Down 2.7%

NASDAQ:COIN opened at $180.01 on Wednesday. The company has a market cap of $47.43 billion, a PE ratio of 67.67, a P/E/G ratio of 6.62 and a beta of 3.38. Coinbase Global, Inc. has a twelve month low of $139.36 and a twelve month 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’s 50 day moving average is $190.01 and its two-hundred day moving average is $214.09.

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 the consensus estimate of $0.06 by ($1.55). Coinbase Global had a return on equity of 4.06% and a net margin of 12.20%.The business had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.49 billion. During the same quarter last year, the company posted $0.24 EPS. Coinbase Global’s quarterly revenue was down 30.5% compared to the same quarter last year. Analysts anticipate that Coinbase Global, Inc. will post 1.72 EPS for the current year.

Insider Activity at Coinbase Global

In other news, CFO Alesia J. Haas sold 10,020 shares of the company’s stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $200.00, for a total value of $2,004,000.00. Following the sale, the chief financial officer directly owned 377,201 shares of the company’s stock, valued at $75,440,200. This represents a 2.59% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 29,990 shares of company stock valued at $6,013,920. 16.66% of the stock is owned by corporate insiders.

Coinbase Global 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.