One Wealth Advisors LLC Makes New Investment in Coinbase Global, Inc. $COIN

One Wealth Advisors LLC acquired a new stake in shares of Coinbase Global, Inc. (NASDAQ:COIN) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 5,925 shares of the cryptocurrency exchange’s stock, valued at approximately $2,000,000.

Other hedge funds also recently bought and sold shares of the company. Bessemer Group Inc. boosted its position in shares of Coinbase Global by 672.2% during the second quarter. Bessemer Group Inc. now owns 1,166 shares of the cryptocurrency exchange’s stock worth $408,000 after acquiring an additional 1,015 shares during the last quarter. SP Asset Management LLC purchased a new stake in Coinbase Global in the 2nd quarter worth $360,000. New York Life Investment Management LLC boosted its holdings in shares of Coinbase Global by 890.8% during the 2nd quarter. New York Life Investment Management LLC now owns 31,479 shares of the cryptocurrency exchange’s stock valued at $11,033,000 after purchasing an additional 28,302 shares during the last quarter. Lauterbach Financial Advisors LLC purchased a new position in shares of Coinbase Global during the second quarter valued at about $390,000. Finally, Atria Investments Inc bought a new stake in shares of Coinbase Global in the second quarter worth about $1,137,000. Institutional investors own 68.84% of the company’s stock.

Insider Buying and Selling

In other news, CFO Alesia J. Haas sold 8,050 shares of the company’s stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $250.00, for a total transaction of $2,012,500.00. Following the transaction, the chief financial officer owned 70,664 shares of the company’s stock, valued at approximately $17,666,000. This represents a 10.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Frederick Ernest Ehrsam III sold 1,375 shares of the firm’s stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $250.27, for a total value of $344,121.25. The SEC filing for this sale provides additional information. Insiders have sold 820,587 shares of company stock valued at $240,717,580 in the last ninety days. 16.56% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on COIN shares. Raymond James Financial reissued a “market perform” rating on shares of Coinbase Global in a research note on Thursday, January 8th. HC Wainwright raised Coinbase Global from a “sell” rating to a “buy” rating and upped their price objective for the stock from $300.00 to $425.00 in a report on Thursday, October 30th. Bank of America raised shares of Coinbase Global from a “neutral” rating to a “buy” rating and set a $340.00 target price for the company in a report on Thursday, January 8th. Oppenheimer reduced their price target on shares of Coinbase Global from $381.00 to $370.00 and set an “outperform” rating on the stock in a research report on Monday, January 12th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Coinbase Global in a research report on Friday, January 9th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $361.58.

Coinbase Global News Roundup

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

• Positive Sentiment: Major U.S. banks are moving into Bitcoin trading and custody (River reports ~60% of top 25 banks are “into Bitcoin”), which supports Coinbase’s institutional growth and custody product demand. 60% of top US banks are geared up for Bitcoin: River
• Positive Sentiment: Coinbase’s own research: a majority of institutional investors surveyed view Bitcoin as undervalued, implying potential buy-side interest if prices stabilize — a tailwind for exchange volumes over time. Majority of institutional investors say Bitcoin is undervalued: Coinbase
• Positive Sentiment: Tokenization and regulatory clarity (CLARITY Act momentum highlighted by Coinbase at Davos) reinforce Coinbase’s strategic push into tokenized assets and institutional services. Coinbase Spotlights Davos Momentum Toward Tokenization and CLARITY Act
• Neutral Sentiment: Brian Armstrong formed an advisory board to study long-term threats (e.g., quantum computing) — shows governance/tech preparedness but limited immediate revenue impact. Coinbase Is Prepping For ‘Future Threats’ …
• Neutral Sentiment: Industry/strategy commentary from Davos and executive interviews underline long-term opportunity but are not immediate catalysts for revenue. Coinbase CEO Brian Armstrong Reflects …
• Negative Sentiment: Record weekly ETF outflows and a deeply negative Coinbase premium signal U.S. institutional selling pressure and weak domestic demand — likely to hurt trading volumes and revenue near term. Bitcoin Stuck in 60-Day Range as Record ETF Outflows Show US Selling Pressure
• Negative Sentiment: Coinbase premium hitting 12‑month lows and technical commentary warning of deeper BTC downside (targets much lower) increase the risk of lower volumes and margin compression. Bitcoin Coinbase Premium stays deeply negative…
• Negative Sentiment: Analyst/firm commentary is turning cautious: KeyCorp published a bearish forecast for Coinbase Q4 and media noted COIN shares slipped in recent trading, signaling near-term analyst/market pressure. KeyCorp Has Bearish Forecast for Coinbase Global Q4 Earnings
• Negative Sentiment: Political/regulatory friction after Armstrong’s role in delaying crypto legislation prompted a public White House rebuke — raises near-term policy uncertainty risk. Coinbase power play sparks crypto rift …

Coinbase Global Stock Down 1.6%

Shares of COIN opened at $213.48 on Tuesday. The company has a quick ratio of 2.40, a current ratio of 2.40 and a debt-to-equity ratio of 0.37. The business has a fifty day moving average of $248.62 and a 200 day moving average of $305.24. The company has a market cap of $57.56 billion, a PE ratio of 18.47 and a beta of 3.70. Coinbase Global, Inc. has a 52-week low of $142.58 and a 52-week high of $444.64.

Coinbase Global (NASDAQ:COIN) last announced its earnings results on Thursday, October 30th. The cryptocurrency exchange reported $1.44 earnings per share for the quarter, beating the consensus estimate of $1.04 by $0.40. The business had revenue of $1.87 billion for the quarter, compared to the consensus estimate of $1.77 billion. Coinbase Global had a net margin of 41.99% and a return on equity of 15.70%. The business’s revenue for the quarter was up 55.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.28 earnings per share. On average, sell-side analysts expect that Coinbase Global, Inc. will post 7.22 EPS for the current year.

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.