Ieq Capital LLC raised its stake in shares of Coinbase Global, Inc. (NASDAQ:COIN) by 1.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 400,189 shares of the cryptocurrency exchange’s stock after purchasing an additional 4,786 shares during the period. Ieq Capital LLC’s holdings in Coinbase Global were worth $90,499,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Titan Investment Solutions Ltd acquired a new position in Coinbase Global during the fourth quarter worth approximately $1,070,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Coinbase Global by 3.3% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,100,873 shares of the cryptocurrency exchange’s stock worth $248,951,000 after purchasing an additional 34,857 shares during the last quarter. Korea Investment CORP increased its position in Coinbase Global by 23.2% during the fourth quarter. Korea Investment CORP now owns 213,254 shares of the cryptocurrency exchange’s stock worth $48,225,000 after purchasing an additional 40,184 shares during the last quarter. Y Intercept Hong Kong Ltd purchased a new stake in Coinbase Global during the fourth quarter worth approximately $5,076,000. Finally, Banco Santander S.A. grew its stake in Coinbase Global by 29.6% during the fourth quarter. Banco Santander S.A. now owns 94,480 shares of the cryptocurrency exchange’s stock worth $21,366,000 after buying an additional 21,594 shares during the period. Institutional investors and hedge funds own 68.84% of the company’s stock.
Insiders Place Their Bets
In other news, Director Frederick R. Wilson sold 10,000 shares of the company’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $181.54, for a total value of $1,815,400.00. Following the completion of the transaction, the director directly owned 30,000 shares in the company, valued at approximately $5,446,200. This represents a 25.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Lawrence J. Brock sold 6,616 shares of the company’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $189.01, for a total transaction of $1,250,490.16. Following the completion of the transaction, the insider owned 517 shares of the company’s stock, valued at $97,718.17. This trade represents a 92.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 40,597 shares of company stock valued at $7,746,861. Corporate insiders own 16.66% of the company’s stock.
Coinbase Global Price Performance
Coinbase Global (NASDAQ:COIN – Get Free Report) last announced its 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). The firm had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.49 billion. Coinbase Global had a net margin of 12.20% and a return on equity of 4.16%. Coinbase Global’s revenue for the quarter was down 30.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.24 earnings per share. Equities research analysts anticipate that Coinbase Global, Inc. will post 1.93 earnings per share for the current fiscal year.
Analysts Set New Price Targets
Several equities research analysts have issued reports on COIN shares. Bank of America decreased their price objective on shares of Coinbase Global from $288.00 to $234.00 in a research note on Thursday, April 2nd. Cantor Fitzgerald boosted their price objective on shares of Coinbase Global from $221.00 to $250.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 21st. HC Wainwright decreased their price objective on shares of Coinbase Global from $350.00 to $310.00 and set a “buy” rating for the company in a research note on Friday, May 8th. Canaccord Genuity Group decreased their price objective on shares of Coinbase Global from $400.00 to $300.00 and set a “buy” rating for the company in a research note on Friday, February 13th. Finally, UBS Group set a $264.00 price objective on shares of Coinbase Global in a research note on Friday, February 13th. Eighteen investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $250.23.
Key Coinbase Global News
Here are the key news stories impacting Coinbase Global this week:
- Positive Sentiment: Coinbase launched Coinbase for Agents, a new AI tool that lets models like ChatGPT and Claude trade crypto, make payments, and execute strategies on users’ behalf. Investors may view this as a potential new revenue driver and a way for Coinbase to become a key platform for autonomous finance. Cointelegraph article
- Positive Sentiment: Coinbase also rolled out an AI-powered trading platform for autonomous agents, reinforcing the company’s push into agentic commerce and potentially broadening user engagement. Blockonomi article
- Positive Sentiment: Mastercard selected Coinbase as part of an AI agent payments initiative, which could help validate Coinbase’s infrastructure and expand its role in emerging machine-to-machine payment rails. Yahoo Finance article
- Positive Sentiment: Coinbase and MassPay announced a stablecoin-powered payout partnership spanning 180 countries, pointing to growing enterprise use of USDC and broader adoption of Coinbase-linked payment infrastructure. Cointelegraph article
- Positive Sentiment: Circle moved a record $4.4 billion in USDC to a Coinbase-linked wallet, underscoring Coinbase’s central role in stablecoin settlement and treasury flows on-chain. Blockonomi article
- Neutral Sentiment: Coinbase’s Quantum Advisory Council warned that Bitcoin may face future quantum-related risks, but this is more of a long-term industry issue than a direct near-term catalyst for COIN. NewsBTC article
- Neutral Sentiment: Bernstein suggested the 2026 World Cup could boost prediction markets and potentially benefit Coinbase through new user activity, but this is still speculative and depends on broader market adoption. Cointelegraph article
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.
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