Coinbase Global, Inc. $COIN Shares Sold by TD Asset Management Inc

Posted by George Bondi on Jun 7th, 2026

TD Asset Management Inc reduced its stake in shares of Coinbase Global, Inc. (NASDAQ:COIN) by 3.7% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 130,958 shares of the cryptocurrency exchange’s stock after selling 5,084 shares during the period. TD Asset Management Inc’s holdings in Coinbase Global were worth $29,615,000 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 the stock. West Family Investments Inc. grew its position 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 purchasing an additional 33 shares during the period. Waterfront Wealth Inc. grew its position 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 purchasing an additional 35 shares during the period. GW&K Investment Management LLC grew its position in 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 period. Bridgewater Advisors Inc. grew its position in Coinbase Global by 1.2% during the 3rd quarter. Bridgewater Advisors Inc. now owns 3,307 shares of the cryptocurrency exchange’s stock worth $1,116,000 after purchasing an additional 38 shares during the period. Finally, Flagship Harbor Advisors LLC grew its position in Coinbase Global by 2.0% during the 3rd quarter. Flagship Harbor Advisors LLC now owns 2,229 shares of the cryptocurrency exchange’s stock worth $752,000 after purchasing an additional 44 shares during the period. 68.84% of the stock is owned by institutional investors and hedge funds.

Coinbase Global Trading Down 7.1%

COIN stock opened at $152.40 on Friday. The company has a current ratio of 2.14, a quick ratio of 2.14 and a debt-to-equity ratio of 0.44. Coinbase Global, Inc. has a 12-month low of $139.36 and a 12-month high of $444.64. The stock has a market cap of $40.15 billion, a price-to-earnings ratio of 57.29, a PEG ratio of 5.28 and a beta of 3.32. The business’s 50-day moving average is $186.06 and its 200 day moving average is $207.59.

Coinbase Global (NASDAQ:COIN – Get Free Report) last released its earnings results on Thursday, May 7th. The cryptocurrency exchange reported ($1.49) earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by ($1.55). Coinbase Global had a return on equity of 4.16% and a net margin of 12.20%.The business had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.49 billion. During the same period last year, the business earned $0.24 earnings per share. The company’s revenue for the quarter was down 30.5% compared to the same quarter last year. On average, sell-side analysts anticipate that Coinbase Global, Inc. will post 1.77 EPS for the current fiscal year.

Key Headlines Impacting Coinbase Global

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

Positive Sentiment: Coinbase is expanding into new products with its SpaceX pre-IPO perpetual futures launch for overseas users, a move that could open up a new, higher-margin trading category and support long-term growth. Article Title
Positive Sentiment: Coinbase and Better Mortgage completed the first U.S. Bitcoin-backed home loan approved by Fannie Mae, highlighting Coinbase’s push into real-world crypto utility and financial infrastructure. Article Title
Positive Sentiment: Coinbase CEO Brian Armstrong’s comments on U.S.-China competition reinforce the company’s long-term growth narrative and pro-innovation image. Article Title
Neutral Sentiment: Coinbase remains widely watched by investors, with high web traffic and analyst attention keeping the stock in focus, though this alone does not change fundamentals. Article Title
Negative Sentiment: Baird lowered its price target on Coinbase to $142 and flagged weak trading volumes, implying that crypto activity may stay soft for longer than bulls hoped. Article Title
Negative Sentiment: Bitcoin’s continued selloff and broader crypto weakness are pressuring Coinbase shares by reducing expected trading volume and investor risk appetite. Article Title
Negative Sentiment: A Coinbase director sold 10,000 shares in a pre-arranged transaction, which can add to cautious sentiment even if it was not a discretionary sale. Article Title

Insider Buying and Selling at Coinbase Global

In other Coinbase Global news, insider Lawrence J. Brock sold 6,616 shares of the firm’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $189.01, for a total value of $1,250,490.16. Following the transaction, the insider directly owned 517 shares of the company’s stock, valued at $97,718.17. This trade represents a 92.75% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frederick R. Wilson sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $181.54, for a total transaction of $1,815,400.00. Following the completion of the transaction, the director directly owned 30,000 shares in the company, valued at $5,446,200. This trade represents a 25.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 38,546 shares of company stock valued at $7,422,495. Company insiders own 16.66% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. Bank of America cut their price target on Coinbase Global from $288.00 to $234.00 in a research report on Thursday, April 2nd. Weiss Ratings upgraded Coinbase Global from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, May 29th. Oppenheimer dropped their target price on Coinbase Global from $227.00 to $224.00 in a research report on Friday, May 8th. Compass Point restated a “sell” rating on shares of Coinbase Global in a research report on Monday, June 1st. Finally, Rosenblatt Securities restated a “buy” rating and set a $240.00 target price on shares of Coinbase Global in a research report on Wednesday, May 6th. Nineteen analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, Coinbase Global presently has a consensus rating of “Hold” and an average price target of $250.23.

View Our Latest Stock Report on Coinbase Global

About Coinbase Global

(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.