Swedbank AB boosted its stake in shares of Coinbase Global, Inc. (NASDAQ:COIN) by 8.0% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 44,831 shares of the cryptocurrency exchange’s stock after purchasing an additional 3,311 shares during the period. Swedbank AB’s holdings in Coinbase Global were worth $10,138,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in COIN. West Family Investments Inc. increased its stake in Coinbase Global by 3.3% during the 3rd quarter. West Family Investments Inc. now owns 1,029 shares of the cryptocurrency exchange’s stock worth $347,000 after buying an additional 33 shares in the last quarter. Waterfront Wealth Inc. increased its stake in Coinbase Global by 4.8% during the 3rd quarter. Waterfront Wealth Inc. now owns 760 shares of the cryptocurrency exchange’s stock worth $241,000 after buying an additional 35 shares in the last quarter. Howard Capital Management Inc. boosted its holdings in shares of Coinbase Global by 2.9% during the 3rd quarter. Howard Capital Management Inc. now owns 1,284 shares of the cryptocurrency exchange’s stock worth $433,000 after purchasing an additional 36 shares during the last quarter. Whittier Trust Co. of Nevada Inc. boosted its holdings in shares of Coinbase Global by 1.3% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 2,913 shares of the cryptocurrency exchange’s stock worth $983,000 after purchasing an additional 37 shares during the last quarter. Finally, GW&K Investment Management LLC boosted its holdings in shares of Coinbase Global by 32.2% during the 3rd quarter. GW&K Investment Management LLC now owns 152 shares of the cryptocurrency exchange’s stock worth $51,000 after purchasing an additional 37 shares during the last quarter. 68.84% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling
In related news, CFO Alesia J. Haas sold 10,020 shares of the company’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $200.00, for a total value of $2,004,000.00. Following the transaction, the chief financial officer directly owned 397,171 shares in the company, valued at approximately $79,434,200. This represents a 2.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders sold 29,990 shares of company stock valued at $6,013,920 in the last 90 days. Corporate insiders own 16.66% of the company’s stock.
Wall Street Analyst Weigh In
Get Our Latest Analysis on Coinbase Global
Key Stories Impacting 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
Coinbase Global Trading Down 2.7%
COIN opened at $180.01 on Wednesday. Coinbase Global, Inc. has a one year low of $139.36 and a one year high of $444.64. The stock has a market capitalization of $47.43 billion, a PE ratio of 67.67, a P/E/G ratio of 6.62 and a beta of 3.38. The business’s 50 day moving average price is $190.01 and its 200 day moving average price is $214.09. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.34 and a current ratio of 2.34.
Coinbase Global (NASDAQ:COIN – Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The cryptocurrency exchange reported ($1.49) EPS for the quarter, missing analysts’ consensus estimates of $0.06 by ($1.55). Coinbase Global had a net margin of 12.20% and a return on equity of 4.06%. The business had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.49 billion. During the same quarter in the prior year, the company posted $0.24 earnings per share. The company’s revenue was down 30.5% on a year-over-year basis. As a group, equities research analysts expect that Coinbase Global, Inc. will post 1.72 EPS for the current year.
Coinbase Global 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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