TriaGen Wealth Management LLC grew its holdings in shares of Coinbase Global, Inc. (NASDAQ:COIN) by 180.0% in the third quarter, according to its most recent filing with the SEC. The firm owned 5,612 shares of the cryptocurrency exchange’s stock after acquiring an additional 3,608 shares during the quarter. TriaGen Wealth Management LLC’s holdings in Coinbase Global were worth $1,894,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently modified their holdings of the company. Evelyn Partners Investment Management Europe Ltd lifted its holdings in Coinbase Global by 92.3% in the second quarter. Evelyn Partners Investment Management Europe Ltd now owns 75 shares of the cryptocurrency exchange’s stock worth $29,000 after purchasing an additional 36 shares during the period. Cullen Frost Bankers Inc. bought a new stake in shares of Coinbase Global during the 2nd quarter worth about $30,000. Salomon & Ludwin LLC lifted its stake in shares of Coinbase Global by 4,400.0% in the 3rd quarter. Salomon & Ludwin LLC now owns 90 shares of the cryptocurrency exchange’s stock worth $30,000 after acquiring an additional 88 shares during the period. City State Bank bought a new position in shares of Coinbase Global in the second quarter valued at approximately $33,000. Finally, Financial Gravity Companies Inc. acquired a new position in shares of Coinbase Global during the second quarter valued at approximately $34,000. Institutional investors own 68.84% of the company’s stock.
Insider Buying and Selling at Coinbase Global
In related news, Director Frederick Ernest Ehrsam III sold 277,074 shares of the firm’s stock in a transaction that occurred on Thursday, November 6th. The shares were sold at an average price of $309.92, for a total transaction of $85,870,774.08. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, COO Emilie Choi sold 100,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $310.88, for a total transaction of $31,088,000.00. Following the transaction, the chief operating officer directly owned 187,802 shares in the company, valued at $58,383,885.76. The trade was a 34.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 798,179 shares of company stock valued at $238,493,645 in the last 90 days. 16.56% of the stock is currently owned by corporate insiders.
Coinbase Global Stock Performance
Coinbase Global (NASDAQ:COIN – Get Free Report) last issued its quarterly earnings results on Thursday, October 30th. The cryptocurrency exchange reported $1.44 EPS for the quarter, beating the consensus estimate of $1.04 by $0.40. Coinbase Global had a net margin of 41.99% and a return on equity of 15.70%. The business had revenue of $1.87 billion during the quarter, compared to the consensus estimate of $1.77 billion. During the same quarter in the prior year, the firm earned $0.28 EPS. The firm’s quarterly revenue was up 55.1% on a year-over-year basis. As a group, equities research analysts predict that Coinbase Global, Inc. will post 7.22 EPS for the current year.
Analyst Upgrades and Downgrades
COIN has been the subject of a number of research analyst reports. Wall Street Zen downgraded Coinbase Global from a “hold” rating to a “sell” rating in a research report on Saturday, November 22nd. Monness Crespi & Hardt upgraded Coinbase Global from a “neutral” rating to a “buy” rating and set a $375.00 price objective for the company in a report on Monday, November 10th. Citigroup reissued a “market outperform” rating on shares of Coinbase Global in a report on Thursday, December 18th. Jefferies Financial Group reiterated a “hold” rating and issued a $384.00 target price on shares of Coinbase Global in a report on Wednesday, October 29th. Finally, Rothschild Redb upgraded shares of Coinbase Global from a “hold” rating to a “strong-buy” rating in a report on Friday, October 3rd. One investment analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $380.18.
Get Our Latest Stock Report on COIN
Key Coinbase Global News
Here are the key news stories impacting Coinbase Global this week:
- Positive Sentiment: Management is pitching a 2026 push to become a global all‑in‑one exchange (broader markets, derivatives, retail features) — a strategic pivot investors see as expanding TAM and recurring revenue potential. Coinbase Sets 2026 Focus
- Positive Sentiment: CEO Brian Armstrong and execs are prioritizing stablecoin growth and on‑chain adoption — moves that could drive fee revenue and product expansion (payments, yield, settlement). Stablecoin Growth
- Positive Sentiment: Coinbase says ETF momentum and clearer global regulatory frameworks helped produce record activity in 2025 and could accelerate crypto adoption into 2026 — a macro tailwind for trading and custody volumes. Adoption Accelerating
- Neutral Sentiment: Analysts remain mixed: Needham kept a Buy rating but cut its price target to $290 from $400 — supportive sentiment but lower near‑term expectations. Analyst Update
- Neutral Sentiment: Industry outlook pieces (including BlackRock and other firms) offer mixed but constructive views for crypto in 2026 — useful context but not immediately stock‑moving. Industry Predictions
- Negative Sentiment: Critics argue Coinbase’s 2026 vision faces execution and focus risks; some public commentary suggests the plan isn’t winning fans — a governance/strategy risk that could weigh investor confidence. Vision Criticism
- Negative Sentiment: Operational issues surfaced: users of a Coinbase‑backed exchange reported sudden withdrawal problems, which can pressure sentiment around reliability and compliance. Withdrawal Problems
- Negative Sentiment: Market context: COIN’s market cap fell substantially from 2025 highs (reported near‑50% drawdown from peak), underscoring valuation risk if growth or execution disappoints. Stock Drawdown
Coinbase Global Company 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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