ING Groep NV Sells 7,633 Shares of Coinbase Global, Inc. $COIN

ING Groep NV cut its holdings in Coinbase Global, Inc. (NASDAQ:COIN) by 74.7% during the 3rd quarter, Holdings Channel reports. The fund owned 2,591 shares of the cryptocurrency exchange’s stock after selling 7,633 shares during the period. ING Groep NV’s holdings in Coinbase Global were worth $874,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the business. Vanguard Group Inc. increased its stake in shares of Coinbase Global by 25.5% in the 2nd quarter. Vanguard Group Inc. now owns 24,208,863 shares of the cryptocurrency exchange’s stock worth $8,484,964,000 after purchasing an additional 4,914,407 shares in the last quarter. Norges Bank bought a new stake in Coinbase Global during the second quarter valued at about $1,044,354,000. Geode Capital Management LLC increased its position in Coinbase Global by 46.1% in the second quarter. Geode Capital Management LLC now owns 5,559,513 shares of the cryptocurrency exchange’s stock worth $1,940,805,000 after buying an additional 1,755,146 shares in the last quarter. Baillie Gifford & Co. bought a new position in shares of Coinbase Global in the third quarter worth about $198,249,000. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of Coinbase Global by 53.0% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 1,455,916 shares of the cryptocurrency exchange’s stock valued at $510,284,000 after buying an additional 504,068 shares in the last quarter. Hedge funds and other institutional investors own 68.84% of the company’s stock.

Coinbase Global News Roundup

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

• Positive Sentiment: Short‑term buying momentum: traders are buying the post‑earnings drop and the stock has bounced off prior support levels, leading to a sharp intraday rebound even after the Q4 miss. Read More.
• Positive Sentiment: Operational and product positives: Coinbase highlights doubling crypto trading market share in 2025, subscription strength and new initiatives (Agentic/AI wallets) that diversify revenue and address longer‑term growth. Read More.
• Neutral Sentiment: Analyst reaction is mixed: many firms cut price targets and trimmed estimates (wide dispersion of PTs), leaving both upside and downside scenarios for investors to weigh. Read More.
• Neutral Sentiment: Short‑interest data in some feeds shows 0 shares (days‑to‑cover 0.0) — the reporting appears unreliable and provides no clear short‑squeeze signal.
• Negative Sentiment: Q4 miss and first quarterly loss in two years: Coinbase reported a $667M net loss, revenue down ~21% Y/Y and EPS below estimates — the core trading business remains sensitive to crypto price moves. Read More.
• Negative Sentiment: Insider selling raises governance/sentiment concerns: reporting shows large stock sales by CEO Brian Armstrong (reported ~$550M) and a CFO sale (~$56M), which can weigh on investor confidence. Read More. Read More.
• Negative Sentiment: Operational hiccup: a brief platform outage affected buy/sell/transfer functionality around the earnings release, spotlighting execution risk. Read More.

Insider Transactions at Coinbase Global

In other Coinbase Global news, insider Lawrence J. Brock sold 5,902 shares of Coinbase Global stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of $250.58, for a total value of $1,478,923.16. Following the sale, the insider owned 497 shares of the company’s stock, valued at $124,538.26. The trade was a 92.23% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Paul Grewal sold 11,955 shares of the company’s stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $246.18, for a total value of $2,943,081.90. Following the sale, the insider directly owned 75,811 shares in the company, valued at $18,663,151.98. This trade represents a 13.62% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 672,498 shares of company stock worth $137,109,701. 16.56% of the stock is owned by corporate insiders.

Coinbase Global Stock Performance

Shares of NASDAQ COIN opened at $164.32 on Friday. The company has a market cap of $44.31 billion, a P/E ratio of 37.43 and a beta of 3.70. Coinbase Global, Inc. has a 52-week low of $139.36 and a 52-week high of $444.64. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.40 and a current ratio of 2.40. The firm’s fifty day moving average is $224.49 and its two-hundred day moving average is $284.20.

Coinbase Global (NASDAQ:COIN) last issued its quarterly earnings data on Thursday, February 12th. The cryptocurrency exchange reported $0.66 earnings per share for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.17). Coinbase Global had a net margin of 17.55% and a return on equity of 9.01%. The firm had revenue of $1.78 billion for the quarter, compared to analysts’ expectations of $1.86 billion. During the same quarter in the previous year, the business earned $4.68 EPS. The company’s revenue for the quarter was down 21.6% on a year-over-year basis. As a group, analysts anticipate that Coinbase Global, Inc. will post 7.22 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Citigroup reduced their target price on shares of Coinbase Global from $505.00 to $400.00 and set a “buy” rating for the company in a report on Friday, February 6th. HC Wainwright reduced their price objective on shares of Coinbase Global from $425.00 to $350.00 and set a “buy” rating for the company in a research note on Wednesday. China Renaissance decreased their price objective on shares of Coinbase Global from $479.30 to $301.50 and set a “buy” rating on the stock in a research report on Wednesday, January 14th. Robert W. Baird set a $165.00 target price on shares of Coinbase Global in a report on Friday. Finally, Oppenheimer decreased their price target on Coinbase Global from $381.00 to $370.00 and set an “outperform” rating on the stock in a report on Monday, January 12th. Nineteen analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $291.85.

About Coinbase Global

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.