Stock Traders Buy Large Volume of Coinbase Global Call Options (NASDAQ:COIN)

Posted by Geri Gentry on May 14th, 2026

Coinbase Global, Inc. (NASDAQ:COIN) saw unusually large options trading activity on Thursday. Stock traders acquired 334,931 call options on the stock. This represents an increase of 45% compared to the average volume of 230,731 call options.

Coinbase Global Stock Performance

NASDAQ:COIN traded up $10.23 during mid-day trading on Thursday, reaching $212.03. 14,694,895 shares of the company’s stock were exchanged, compared to its average volume of 11,680,746. Coinbase Global has a one year low of $139.36 and a one year high of $444.64. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.34 and a current ratio of 2.34. The business’s fifty day simple moving average is $191.07 and its two-hundred day simple moving average is $223.41. The firm has a market capitalization of $55.99 billion, a PE ratio of 79.71, a price-to-earnings-growth ratio of 7.43 and a beta of 3.38.

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 (EPS) 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 business had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.49 billion. During the same quarter in the previous year, the company earned $0.24 EPS. The business’s revenue for the quarter was down 30.5% on a year-over-year basis. Analysts anticipate that Coinbase Global will post 1.78 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. Sanford C. Bernstein decreased their target price on Coinbase Global from $440.00 to $330.00 and set an “outperform” rating on the stock in a report on Monday, March 30th. BTIG Research decreased their price objective on shares of Coinbase Global from $340.00 to $280.00 and set a “buy” rating on the stock in a report on Friday, February 13th. Compass Point cut their target price on shares of Coinbase Global from $190.00 to $140.00 and set a “sell” rating for the company in a research note on Friday, February 20th. Zacks Research upgraded shares of Coinbase Global from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 14th. Finally, Piper Sandler cut their price objective on shares of Coinbase Global from $180.00 to $170.00 and set a “neutral” rating for the company in a research report on Friday, May 8th. Nineteen equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $252.20.

Check Out Our Latest Stock Analysis on Coinbase Global

Key Coinbase Global News

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

Positive Sentiment: Coinbase CEO Brian Armstrong is publicly backing the CLARITY Act ahead of the Senate Banking Committee’s markup, and the market is betting that clearer U.S. crypto rules could boost trading activity, institutional adoption, and Coinbase’s long-term operating environment. Coinbase CEO Says CLARITY Is ‘Closer Than Ever’ — Here’s Why Crypto Investors Care
Positive Sentiment: Cryptocurrency prices rallied after the Senate Banking Committee advanced the CLARITY Act, improving sentiment across crypto-related stocks including Coinbase Global (COIN) as traders priced in a friendlier regulatory backdrop. Bitcoin And XRP Climb On CLARITY Act News—But Clear Path To Law Isn’t Done Yet
Positive Sentiment: Rothschild & Co Redburn raised its price target on Coinbase to $263 and kept a buy rating, signaling renewed analyst confidence in the stock’s upside. Rothschild & Co Redburn adjusts PT on Coinbase Global to 263 from 254
Positive Sentiment: Coinbase is expanding support for USDC on Hyperliquid and was named Hyperliquid’s official USDC treasury deployer, reinforcing its role in stablecoin infrastructure and onchain liquidity flows. Coinbase Expands USDC Push On Hyperliquid As Onchain Trading Liquidity Accelerates
Neutral Sentiment: Unusual options activity showed heavy call buying in Coinbase, suggesting traders are positioning for more upside, though it does not by itself confirm a fundamental change. Elizabeth Warren Tried To Tie Coinbase To Jeffrey Epstein On The Senate Floor: Here’s What Happened
Negative Sentiment: Some coverage noted Coinbase stock fell earlier after the Hyperliquid USDC-deployer announcement, and the company’s recent Q1 results were weak, with revenue missing estimates and earnings coming in below expectations. Clarity Act Gets Vote Thursday as Bank-Crypto Fight Comes to a Head

Insider Activity

In related news, CFO Alesia J. Haas sold 10,020 shares of the firm’s stock in a transaction dated 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 completion of the sale, the chief financial officer directly owned 377,201 shares in the company, valued at approximately $75,440,200. This trade represents a 2.59% decrease in their position. The sale was disclosed in a document filed with the SEC, 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 currently owned by corporate insiders.

Institutional Investors Weigh In On Coinbase Global

Several institutional investors and hedge funds have recently bought and sold shares of COIN. Vanguard Group Inc. increased its holdings in Coinbase Global by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 26,400,836 shares of the cryptocurrency exchange’s stock valued at $5,970,285,000 after buying an additional 184,043 shares during the period. Geode Capital Management LLC raised its holdings in Coinbase Global by 3.2% in the 4th quarter. Geode Capital Management LLC now owns 6,098,062 shares of the cryptocurrency exchange’s stock valued at $1,374,080,000 after buying an additional 189,080 shares during the last quarter. Paradigm Operations LP raised its holdings in 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 buying an additional 134,425 shares during the last quarter. Norges Bank acquired a new stake in Coinbase Global during the 4th quarter worth approximately $656,744,000. Finally, ARK Investment Management LLC grew its holdings in Coinbase Global by 6.1% during the 4th quarter. ARK Investment Management LLC now owns 2,541,928 shares of the cryptocurrency exchange’s stock worth $574,832,000 after acquiring an additional 146,388 shares during the last quarter. Institutional investors own 68.84% of the company’s stock.

Coinbase Global Company Profile

(Get 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.