J. Safra Sarasin Holding AG decreased its holdings in Coinbase Global, Inc. (NASDAQ:COIN) by 95.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,030 shares of the cryptocurrency exchange’s stock after selling 47,304 shares during the quarter. J. Safra Sarasin Holding AG’s holdings in Coinbase Global were worth $354,000 at the end of the most recent quarter.
A number of other large investors have also recently bought and sold shares of the business. MV Capital Management Inc. acquired a new position in Coinbase Global in the fourth quarter valued at $27,000. Palisade Asset Management LLC acquired a new stake in shares of Coinbase Global during the third quarter worth about $29,000. Osbon Capital Management LLC purchased a new position in shares of Coinbase Global during the fourth quarter worth about $30,000. Brooklands Fund Management Ltd purchased a new position in shares of Coinbase Global during the fourth quarter worth about $34,000. Finally, Stephens Consulting LLC increased its stake in Coinbase Global by 99.0% in the 4th quarter. Stephens Consulting LLC now owns 201 shares of the cryptocurrency exchange’s stock valued at $45,000 after buying an additional 100 shares during the period. Institutional investors and hedge funds own 68.84% of the company’s stock.
Key Coinbase Global News
Here are the key news stories impacting Coinbase Global this week:
- Positive Sentiment: Bitcoin climbed back above $65,000, boosting sentiment for crypto-linked stocks and raising hopes for stronger trading volumes on Coinbase. Bitcoin Clawed Its Way Back Over $65,000. Here’s Why—and What to Know Now
- Positive Sentiment: William Blair said Coinbase is well positioned for a crypto recovery and reiterated a bullish view, suggesting the market may be underestimating the company’s market share and diversified revenue streams. Analyst Sees Coinbase Well‑Positioned for Crypto Recovery, Initiates Buy on Growing Market Share and Diversified Revenue Streams
- Positive Sentiment: Coinbase and Circle gained attention after analysts argued many near-term risks are already reflected in valuations and that both could benefit if Bitcoin keeps recovering. Coinbase, Circle stocks climb as analysts see Bitcoin-linked upside
- Positive Sentiment: Coinbase announced it will report second-quarter 2026 results on July 30, which keeps investors focused on the next earnings catalyst. Coinbase Announces Date of Second Quarter 2026 Financial Results
- Neutral Sentiment: Reports that Coinbase’s AI now writes most of its code may support efficiency and margins over time, but the near-term stock impact is unclear. Over 95% of Coinbase’s code is now written with AI
- Neutral Sentiment: Coinbase’s role as custodian for roughly $288 million of seized crypto has drawn speculation about possible asset sales, but there is no confirmation of an imminent liquidation. US Transfer of Seized Crypto Raises Questions About Potential Asset Sales
- Negative Sentiment: JPMorgan cut its outlook on Coinbase, warning that the Hyperliquid partnership and rising competition could pressure stablecoin-related revenue. JPMorgan Cuts Coinbase Target to $196, Warns on Circle Stablecoin Pressure
- Negative Sentiment: Additional coverage said JPMorgan trimmed earnings estimates for Coinbase, citing weaker stablecoin economics and near-term competitive pressure. JPMorgan cuts estimates for Circle and Coinbase on Hyperliquid pressure
Wall Street Analyst Weigh In
View Our Latest Research Report on COIN
Coinbase Global Price Performance
Shares of NASDAQ:COIN opened at $167.21 on Thursday. The business has a fifty day simple moving average of $171.94 and a 200-day simple moving average of $187.82. Coinbase Global, Inc. has a 52 week low of $139.18 and a 52 week high of $444.64. The company has a market cap of $44.05 billion, a P/E ratio of 62.86, a P/E/G ratio of 8.40 and a beta of 3.35. The company has a quick ratio of 2.14, a current ratio of 2.14 and a debt-to-equity ratio of 0.44.
Coinbase Global (NASDAQ:COIN – Get Free Report) last issued its quarterly 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 4.16% and a net margin of 12.20%.The business had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.49 billion. During the same period in the previous year, the business posted $0.24 earnings per share. The firm’s quarterly revenue was down 30.5% on a year-over-year basis. Equities research analysts forecast that Coinbase Global, Inc. will post 1.75 EPS for the current year.
Insider Activity at Coinbase Global
In other news, insider Paul Grewal sold 1,960 shares of the company’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $176.88, for a total transaction of $346,684.80. Following the completion of the sale, the insider directly owned 84,753 shares in the company, valued at $14,991,110.64. This represents a 2.26% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Lawrence J. Brock sold 6,616 shares of the company’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $189.01, for a total value of $1,250,490.16. Following the sale, the insider owned 517 shares of the company’s stock, valued at approximately $97,718.17. The trade was a 92.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 30,627 shares of company stock worth $5,327,841. Company insiders own 16.66% of the company’s stock.
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.
Further Reading
- Five stocks we like better than Coinbase Global
- Why Johnson & Johnson’s Earnings Dip Looks Like a Buying Opportunity
- CPI Comes In Cool: Why It Could Revive These 3 Rate-Sensitive Stocks
- Why ASML’s AI Monopoly Is Still Getting Stronger
- Apple’s AI Toll Booth Thesis Faces Its Biggest Test Yet Before Earnings
Want to see what other hedge funds are holding COIN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Coinbase Global, Inc. (NASDAQ:COIN – Free Report).
Receive News & Ratings for Coinbase Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Coinbase Global and related companies with MarketBeat.com's FREE daily email newsletter.
