Vestmark Advisory Solutions Inc. Lowers Stake in Coinbase Global, Inc. $COIN

Vestmark Advisory Solutions Inc. lessened its holdings in Coinbase Global, Inc. (NASDAQ:COIN) by 55.9% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 39,713 shares of the cryptocurrency exchange’s stock after selling 50,371 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in Coinbase Global were worth $13,403,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Integrated Wealth Concepts LLC grew its stake in shares of Coinbase Global by 24.2% in the 1st quarter. Integrated Wealth Concepts LLC now owns 2,119 shares of the cryptocurrency exchange’s stock worth $365,000 after buying an additional 413 shares during the last quarter. Empowered Funds LLC raised its stake in Coinbase Global by 25.8% during the first quarter. Empowered Funds LLC now owns 8,581 shares of the cryptocurrency exchange’s stock valued at $1,478,000 after buying an additional 1,761 shares during the last quarter. Focus Partners Wealth boosted its holdings in Coinbase Global by 9.9% in the first quarter. Focus Partners Wealth now owns 5,202 shares of the cryptocurrency exchange’s stock worth $896,000 after acquiring an additional 467 shares in the last quarter. Sivia Capital Partners LLC purchased a new stake in shares of Coinbase Global in the second quarter worth $285,000. Finally, Stephens Inc. AR purchased a new stake in shares of Coinbase Global in the second quarter worth $368,000. Institutional investors own 68.84% of the company’s stock.

Insider Buying and Selling

In other Coinbase Global news, CEO Brian Armstrong sold 40,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 26th. The shares were sold at an average price of $257.31, for a total transaction of $10,292,400.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Paul Grewal sold 11,955 shares of Coinbase Global stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $246.18, for a total transaction of $2,943,081.90. Following the transaction, the insider owned 75,811 shares in the company, valued at $18,663,151.98. This represents a 13.62% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 574,395 shares of company stock valued at $110,451,160 in the last 90 days. 16.56% of the stock is owned by insiders.

Coinbase Global Price Performance

NASDAQ COIN opened at $171.35 on Friday. The business’s fifty day moving average price is $213.86 and its 200-day moving average price is $278.23. The stock has a market capitalization of $46.20 billion, a price-to-earnings ratio of 39.03, a PEG ratio of 2.62 and a beta of 3.70. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.34 and a quick ratio of 2.34. Coinbase Global, Inc. has a 1-year low of $139.36 and a 1-year high of $444.64.

Coinbase Global (NASDAQ:COIN) last issued its quarterly earnings data on Thursday, February 12th. The cryptocurrency exchange reported $0.66 EPS for the quarter, missing the consensus estimate of $0.83 by ($0.17). Coinbase Global had a return on equity of 8.68% and a net margin of 17.55%.The firm had revenue of $1.78 billion during the quarter, compared to the consensus estimate of $1.86 billion. During the same period in the previous year, the firm earned $4.68 EPS. The business’s revenue was down 21.6% on a year-over-year basis. On average, equities analysts predict that Coinbase Global, Inc. will post 7.22 earnings per share for the current year.

Analyst Upgrades and Downgrades

COIN has been the topic of a number of analyst reports. Rosenblatt Securities dropped their price target on shares of Coinbase Global from $325.00 to $240.00 and set a “buy” rating on the stock in a research note on Friday, February 13th. Canaccord Genuity Group dropped their target price on shares of Coinbase Global from $400.00 to $300.00 and set a “buy” rating on the stock in a research note on Friday, February 13th. Citigroup reduced their price target on shares of Coinbase Global from $505.00 to $400.00 and set a “buy” rating for the company in a research report on Friday, February 6th. Raymond James Financial reaffirmed a “market perform” rating on shares of Coinbase Global in a research report on Thursday, January 8th. Finally, Rothschild & Co Redburn reduced their target price on Coinbase Global from $403.00 to $288.00 and set a “buy” rating for the company in a report on Wednesday. Nineteen equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Coinbase Global currently has a consensus rating of “Moderate Buy” and a consensus target price of $281.15.

Key Headlines Impacting Coinbase Global

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

• Positive Sentiment: Signs of meaningful progress on U.S. crypto regulation (White House meetings and talks on the CLARITY Act) reduce policy uncertainty for Coinbase and its institutional roadmap. White House Talks Over Stalled Crypto Bill Drag on. It Matters for Coinbase.
• Positive Sentiment: Public optimism from allies and Coinbase CEO participation at high‑profile forums (Brian Armstrong with Senator Bernie Moreno) reinforces hopes the CLARITY Act could pass, which would be structurally positive for COIN. US CLARITY Act to pass ‘hopefully by April’: Senator Bernie Moreno
• Positive Sentiment: Product monetization: Coinbase expanded on‑chain loans to accept XRP, DOGE, ADA and LTC as collateral and increased borrowing capacity — a revenue diversification signal and a way to capture more user wallet activity. Coinbase Integrates XRP, DOGE, ADA, LTC for Crypto Loans
• Positive Sentiment: Prediction markets are gaining traction on Coinbase (leadership says the sector outgrew expectations), signaling new product engagement and potential fee streams. EXCLUSIVE: Coinbase Prediction Markets Leader Says He ‘Underpredicted’ How Big The Sector Would Get
• Neutral Sentiment: Study shows community banks experienced net deposit outflows to Coinbase, highlighting customer adoption but also raising questions about banking relationships and regulatory attention. Community banks see net deposit outflows to Coinbase: Study
• Neutral Sentiment: Analyses and commentary about share buybacks are active — buybacks can support the stock but depend on the board’s pace and available cash. Do Coinbase Stock Buybacks Make COIN a Good Buy Here?
• Negative Sentiment: Multiple analyst downgrades and price‑target cuts (Compass Point, Zacks, others) increase selling pressure and highlight concerns about revenue softness and valuation. Compass Point Adjusts Coinbase Global Price Target to $140
• Negative Sentiment: User complaints over delayed/missing Super Bowl promotion payouts raise short‑term trust and customer‑service concerns that could dent user sentiment. Coinbase Super Bowl Payout Complaints Test Trust And Valuation Story
• Neutral Sentiment: Short‑interest reports in the feed show anomalous “0 shares / NaN” figures and do not provide meaningful evidence of a large short squeeze dynamic at present.

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.