OVERSEA CHINESE BANKING Corp Ltd Has $2.97 Million Stake in Coinbase Global, Inc. $COIN

OVERSEA CHINESE BANKING Corp Ltd grew its holdings in shares of Coinbase Global, Inc. (NASDAQ:COIN) by 459.9% in the 4th quarter, Holdings Channel reports. The fund owned 12,709 shares of the cryptocurrency exchange’s stock after buying an additional 10,439 shares during the period. OVERSEA CHINESE BANKING Corp Ltd’s holdings in Coinbase Global were worth $2,971,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of COIN. Vanguard Group Inc. raised its stake in Coinbase Global by 8.3% during the third quarter. Vanguard Group Inc. now owns 26,216,793 shares of the cryptocurrency exchange’s stock worth $8,847,905,000 after acquiring an additional 2,007,930 shares in the last quarter. Artisan Partners Limited Partnership acquired a new position in Coinbase Global during the third quarter worth about $224,663,000. Baillie Gifford & Co. acquired a new position in Coinbase Global during the third quarter worth about $198,249,000. Rakuten Investment Management Inc. acquired a new position in Coinbase Global during the third quarter worth about $157,015,000. Finally, Anatole Investment Management Ltd acquired a new position in Coinbase Global during the second quarter worth about $98,698,000. Institutional investors and hedge funds own 68.84% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have commented on COIN. Raymond James Financial reissued a “market perform” rating on shares of Coinbase Global in a research note on Thursday, January 8th. Oppenheimer lowered their target price on Coinbase Global from $381.00 to $370.00 and set an “outperform” rating for the company in a research note on Monday, January 12th. Zacks Research raised Coinbase Global from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 14th. Deutsche Bank Aktiengesellschaft set a $250.00 price objective on Coinbase Global in a research note on Friday, February 13th. Finally, HC Wainwright lowered their price objective on Coinbase Global from $425.00 to $350.00 and set a “buy” rating for the company in a research note on Wednesday, February 11th. Nineteen equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $262.07.

Coinbase Global News Summary

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

• Positive Sentiment: Launched an AI payments app store built on the x402 protocol (Agent.market) — positions Coinbase as payments infrastructure for AI agents, potentially creating recurring fee and on‑chain payment volume beyond spot trading. Coinbase AI App Store Puts Payments Infrastructure And Valuation In Focus
• Positive Sentiment: Partnerships and product expansion: Nium integration for global USDC payouts and a tGBP stablecoin listing expand custody, payments and local‑currency flows — supports non‑trading revenue lines. Coinbase Partners With Nium on Global USDC Payouts
• Positive Sentiment: Macro tailwind: Bitcoin rally and ETF-driven inflows have boosted spot volume industrywide, a direct positive for Coinbase trading and custody revenues. Bitcoin Price Hits Two-Month High Amid Strategy Buys. Watch This Range, Analyst Says.
• Neutral Sentiment: Coinbase’s quantum advisory board published guidance urging early post‑quantum planning — important for long‑term custody/security credibility but not an immediate revenue driver. Coinbase Advisory Board Says Time To Start Preparing For Quantum Risks Is Now
• Neutral Sentiment: Analyst activity has been mixed but supportive: some price‑target raises (Cantor Fitzgerald, Piper Sandler) even as consensus flags a hold; these moves can lift sentiment but don’t change fundamentals. Cantor Fitzgerald raises price target
• Neutral Sentiment: Upcoming Q1 earnings and recent commentary flag potential double‑digit profit dip and margin pressure if spot volumes cool — makes near‑term trading sensitive to volume/fee metrics. What You Need to Know Ahead of Coinbase Global’s Earnings Release
• Negative Sentiment: Major legal overhang — New York AG sued Coinbase (and Gemini) alleging prediction markets operate as illegal gambling; state seeks large penalties and the case knocked billions off market value and prompted share weakness. This is the largest near‑term downside risk. Coinbase and Gemini Accused of Illegal Gambling in N.Y. Lawsuits
• Negative Sentiment: Regulatory/legal escalation: Coinbase moved the NY case to federal court (seeking preemption), which could lengthen the dispute and sustain volatility even if the company believes federal law favors it. Coinbase shifts New York prediction markets fight to federal court
• Negative Sentiment: Loss of institutional custody business: Grayscale replaced Coinbase with Anchorage for a HYPE ETF — a direct revenue hit and a signal that large clients may diversify custodians. Grayscale Replaces Coinbase with Anchorage for HYPE ETF Custody Services
• Negative Sentiment: Insider selling: CFO Alesia Haas disclosed a ~10k‑share sale under a 10b5‑1 plan; insiders have been net sellers historically — some investors view this negatively even if pre‑arranged. CFO Sells $2,004,000 in Stock

Coinbase Global Stock Performance

Coinbase Global stock opened at $206.24 on Thursday. The business has a 50 day moving average of $183.30 and a 200-day moving average of $238.25. Coinbase Global, Inc. has a 1 year low of $139.36 and a 1 year high of $444.64. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.34 and a quick ratio of 2.34. The company has a market capitalization of $54.46 billion, a P/E ratio of 46.98, a P/E/G ratio of 4.37 and a beta of 3.60.

Coinbase Global (NASDAQ:COIN) last released its quarterly earnings data on Thursday, February 12th. The cryptocurrency exchange reported $0.66 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.83 by ($0.17). Coinbase Global had a net margin of 17.55% and a return on equity of 8.68%. The firm had revenue of $1.78 billion during the quarter, compared to analyst estimates of $1.86 billion. During the same period in the prior year, the company earned $4.68 EPS. The business’s quarterly revenue was down 21.6% compared to the same quarter last year. On average, equities research analysts predict that Coinbase Global, Inc. will post 2.81 earnings per share for the current year.

Insider Activity

In other news, CFO Alesia J. Haas sold 364,600 shares of the company’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $154.95, for a total value of $56,494,770.00. Following the completion of the transaction, the chief financial officer owned 402,165 shares of the company’s stock, valued at $62,315,466.75. This represents a 47.55% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders sold a total of 394,590 shares of company stock valued at $62,508,690 over the last three months. Corporate insiders own 16.56% 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.