Coinbase Global (NASDAQ:COIN) Director Marc Andreessen Sells 6,838 Shares of Company Stock

Posted by Brian Himes on Oct 5th, 2026

Coinbase Global, Inc. (NASDAQ:COIN) Director Marc Andreessen sold 6,838 shares of Coinbase Global stock in a transaction on Friday, October 2nd. The shares were sold at an average price of $198.00, for a total value of $1,353,924.00. Following the completion of the sale, the director directly owned 1,108,972 shares of the company’s stock, valued at approximately $219,576,456. This represents a 0.61% decrease in their position. The sale was disclosed in a document filed 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.

Coinbase Global Trading Up 2.9%

NASDAQ COIN traded up $5.22 during trading hours on Monday, hitting $188.22. 7,802,886 shares of the company’s stock were exchanged, compared to its average volume of 10,237,729. The business’s 50 day moving average is $173.36 and its 200-day moving average is $175.75. Coinbase Global, Inc. has a 12-month low of $139.11 and a 12-month high of $402.16. The firm has a market capitalization of $49.66 billion, a P/E ratio of -49.02 and a beta of 3.41. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.42 and a current ratio of 2.42.

Coinbase Global (NASDAQ:COIN – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The cryptocurrency exchange reported ($1.36) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.44) by ($0.92). The business had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.29 billion. Coinbase Global had a positive return on equity of 3.12% and a negative net margin of 15.72%.The firm’s quarterly revenue was down 18.5% on a year-over-year basis. During the same period in the previous year, the business posted $5.14 earnings per share. As a group, analysts anticipate that Coinbase Global, Inc. will post -0.48 EPS for the current fiscal year.

More Coinbase Global News

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

Positive Sentiment: Bitcoin strength is supporting crypto-exchange stocks. Bitcoin approached $87,000, near its late-September high, and improving U.S. demand indicated by the Coinbase Premium Index is favorable for trading activity and transaction revenue. MSTR, COIN, CRCL, BMNR Stocks Rally With Bitcoin Within $500 Of September Peak
Positive Sentiment: Bank of America raised its Coinbase price target to $203 while maintaining a Buy rating. The upgrade provides a positive valuation signal, although the company has missed analyst earnings estimates in each of the last three quarters. Bank of America raises Coinbase price target to $203
Positive Sentiment: Coinbase’s expanded partnership with Citigroup could strengthen its institutional business. The collaboration supports stablecoin payments and Coinbase Virtual Accounts, linking Coinbase’s digital-asset infrastructure with Citi’s banking network. Brian Armstrong Cheers Citi Partnership
Positive Sentiment: Crypto-friendly political momentum may improve the regulatory outlook. Fairshake, supported by Coinbase and other crypto-industry firms, plans to back 32 House candidates who supported the CLARITY market-structure bill. FinCEN’s withdrawal of proposed crypto-mixing and self-custody reporting rules is also viewed as less restrictive for the industry. Crypto PAC announces support for 32 House candidates
Neutral Sentiment: A proposed stablecoin backed by Visa, Mastercard, Stripe and Coinbase could expand the market but increase competition. The initiative may create new distribution opportunities while potentially challenging Coinbase’s existing USDC-related economics. Visa, Mastercard, Stripe, and Coinbase Commit $1 Billion to New Stablecoin
Negative Sentiment: Chief Accounting Officer Jennifer Jones plans to retire after a successor is appointed, extending a period of leadership changes that follows Coinbase’s reported 14% workforce reduction. Coinbase CAO to retire
Negative Sentiment: Comparisons with Intercontinental Exchange highlight COIN’s riskier investment profile. Analysts view ICE as stronger on projected growth, share gains and valuation because of its more diversified business. Coinbase has also continued to trail earnings expectations. Coinbase vs. Intercontinental: Which Exchange Stock Has an Edge?

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. Rosenblatt Securities restated a “buy” rating and issued a $240.00 target price on shares of Coinbase Global in a report on Tuesday, July 28th. Bank of America reiterated a “buy” rating on shares of Coinbase Global in a report on Monday. Zacks Research raised shares of Coinbase Global from a “strong sell” rating to a “hold” rating in a research note on Wednesday, September 9th. Oppenheimer dropped their price objective on Coinbase Global from $209.00 to $193.00 and set an “outperform” rating for the company in a report on Friday, July 31st. Finally, Robert W. Baird increased their target price on Coinbase Global from $130.00 to $205.00 and gave the stock a “neutral” rating in a research report on Monday, September 28th. Twenty investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $222.97.

Read Our Latest Report on Coinbase Global

Institutional Trading of Coinbase Global

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Capital World Investors lifted its position in Coinbase Global by 847.2% during the fourth 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 acquired a new stake in shares of Coinbase Global in the second quarter worth $142,995,000. Southpoint Capital Advisors LP purchased a new position in shares of Coinbase Global in the 1st quarter valued at $104,766,000. National Pension Service raised its stake in shares of Coinbase Global by 117.1% in the 2nd quarter. National Pension Service now owns 641,518 shares of the cryptocurrency exchange’s stock valued at $93,784,000 after acquiring an additional 346,045 shares during the period. Finally, Paradigm Operations LP raised its stake in shares of Coinbase Global by 3.3% in the 4th quarter. Paradigm Operations LP now owns 4,262,458 shares of the cryptocurrency exchange’s stock valued at $963,912,000 after acquiring an additional 134,425 shares during the period. Institutional investors and hedge funds own 68.84% of the company’s stock.

Coinbase Global Company Profile

(Get Free Report)

Coinbase Global, Inc operates a digital-asset platform that enables individuals, businesses and institutions to buy, sell, store and use cryptocurrencies. Its services include a cryptocurrency exchange, digital-asset custody, staking and related trading products, as well as tools designed to support institutional participation in the crypto economy.

The company also offers Coinbase Wallet, a self-custody wallet that allows users to manage digital assets and interact with decentralized applications.