48,360 Coinbase Global, Inc. $COIN Shares Bought by International Assets Investment Management LLC

Posted by Brian Himes on Nov 1st, 2026

International Assets Investment Management LLC increased its position in shares of Coinbase Global, Inc. (NASDAQ:COIN – Free Report) by 2,948.8% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 50,000 shares of the cryptocurrency exchange’s stock after acquiring an additional 48,360 shares during the period. International Assets Investment Management LLC’s holdings in Coinbase Global were worth $9,320,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of COIN. Bank of New York Mellon Corp acquired a new stake in shares of Coinbase Global during the second quarter valued at about $142,995,000. Southpoint Capital Advisors LP bought a new stake in shares of Coinbase Global during the first quarter worth about $104,766,000. National Pension Service increased its stake in shares of Coinbase Global by 117.1% in the second quarter. National Pension Service now owns 641,518 shares of the cryptocurrency exchange’s stock valued at $93,784,000 after buying an additional 346,045 shares during the period. Partners Wealth Management LLC acquired a new position in shares of Coinbase Global in the third quarter valued at approximately $42,554,000. Finally, Assenagon Asset Management S.A. increased its stake in shares of Coinbase Global by 103.2% in the third quarter. Assenagon Asset Management S.A. now owns 314,338 shares of the cryptocurrency exchange’s stock valued at $58,889,000 after buying an additional 159,636 shares during the period. Institutional investors own 68.84% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on COIN shares. The Goldman Sachs Group dropped their price objective on shares of Coinbase Global from $244.00 to $210.00 and set a “buy” rating for the company in a report on Friday. Canaccord Genuity Group reissued a “buy” rating and set a $300.00 target price on shares of Coinbase Global in a report on Friday, July 31st. UBS Group set a $155.00 price target on shares of Coinbase Global in a research report on Friday, July 31st. Bank of America reaffirmed a “buy” rating on shares of Coinbase Global in a research note on Monday, October 5th. Finally, Needham & Company LLC dropped their price target on shares of Coinbase Global from $205.00 to $197.00 and set a “buy” rating for the company in a research note on Friday. Twenty equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, Coinbase Global presently has a consensus rating of “Hold” and an average price target of $216.57.

Check Out Our Latest Stock Analysis on COIN

Coinbase Global Price Performance

Shares of COIN opened at $143.54 on Friday. Coinbase Global, Inc. has a 1 year low of $136.89 and a 1 year high of $361.40. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.42 and a quick ratio of 2.42. The company has a market capitalization of $37.87 billion, a price-to-earnings ratio of -50.72 and a beta of 3.41. The business has a 50-day moving average of $179.74 and a 200-day moving average of $178.82.

Coinbase Global (NASDAQ:COIN – Get Free Report) last announced its earnings results on Thursday, July 30th. The cryptocurrency exchange reported ($1.36) EPS for the quarter, missing the consensus estimate of ($0.44) by ($0.92). The company had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.29 billion. Coinbase Global had a negative net margin of 12.46% and a positive return on equity of 0.76%. The business’s revenue was down 18.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $5.14 earnings per share. As a group, equities research analysts anticipate that Coinbase Global, Inc. will post -0.50 earnings per share for the current year.

Insider Activity

In other news, CFO Alesia J. Haas sold 39,030 shares of the company’s stock in a transaction on Monday, September 21st. The shares were sold at an average price of $205.24, for a total value of $8,010,517.20. Following the sale, the chief financial officer directly owned 345,376 shares of the company’s stock, valued at approximately $70,884,970.24. This represents a 10.15% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frederick R. Wilson sold 35,068 shares of the stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $144.32, for a total transaction of $5,061,013.76. 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. Insiders have sold a total of 127,188 shares of company stock worth $23,029,558 in the last 90 days. 16.66% of the stock is owned by company insiders.

Coinbase Global News Roundup

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

Positive Sentiment: Coinbase reported third-quarter net income of approximately $719 million, or $2.51 diluted EPS, exceeding expectations and ending a three-quarter losing streak. Lower operating expenses and gains on the company’s crypto holdings were major contributors. Coinbase net income surges 66% in third quarter
Positive Sentiment: Coinbase is diversifying beyond spot crypto trading: subscription and services revenue represented about 49% of net revenue, while prediction markets surpassed a $200 million annualized revenue run rate. Management is also targeting stablecoins, tokenized assets and AI-agent payments. Coinbase Q3 earnings call highlights
Positive Sentiment: The Binance breach could create an opportunity for Coinbase to attract customers seeking a regulated exchange and stronger custody safeguards. Several analysts retained bullish ratings, including HC Wainwright, BTIG and Cantor Fitzgerald. Binance hack could benefit Coinbase
Neutral Sentiment: Goldman Sachs maintained a Buy rating but reduced its price target to $210, while Needham lowered its target to $197. These targets imply substantial upside but reflect increased near-term uncertainty.
Neutral Sentiment: Coinbase said customer funds remained safe after an analytics-vendor incident involving contact information for a small subset of customers. The exchange also applied for authorization to continue operating under Brazil’s new crypto rules. Coinbase customer funds statement
Negative Sentiment: Total revenue fell about 35% year over year to $1.22 billion, while transaction revenue declined sharply as crypto spot-trading volume weakened. Early fourth-quarter transaction revenue also suggested that trading conditions had not materially improved. Weak trading revenue pressures Coinbase
Negative Sentiment: Investors questioned the quality of the profit because roughly $715 million came from crypto investment gains, leaving adjusted net income near $78 million. Barclays cut its rating to Underweight and lowered its price target to $120; Wells Fargo also reduced its target to $174.
Negative Sentiment: The Binance hack triggered a broad crypto-equity selloff and raised concerns about stablecoin concentration and control risk, as Circle froze approximately $800 million in USDC and Coinbase reportedly holds nearly 30% of outstanding USDC. Insider sales have also added pressure, with no reported open-market purchases in the past six months. Coinbase USDC concentration

Coinbase Global Profile

(Free Report)

Coinbase Global, Inc operates a digital-asset financial infrastructure and technology platform. Through its Coinbase platform, the company enables individuals and institutions to buy, sell, store, transfer and use cryptocurrencies and other digital assets. Its services are designed to support both retail customers and institutional participants in the digital-asset economy.

The company offers cryptocurrency trading, custody and staking services, as well as subscription products and institutional solutions.