Rep. Gilbert Ray Cisneros, Jr. Buys Shares of Coinbase Global, Inc. (NASDAQ:COIN)

Posted by Amy Steele on Sep 8th, 2026

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Coinbase Global, Inc. (NASDAQ:COIN). In a filing disclosed on September 04th, the Representative disclosed that they had bought between $1,001 and $15,000 in Coinbase Global stock on July 17th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

Purchased $15,001 – $50,000 in shares of Mesabi Trust (NYSE:MSB) on 7/31/2026.
Purchased $1,001 – $15,000 in shares of Praxis Precision Medicines (NASDAQ:PRAX) on 7/30/2026.
Purchased $15,001 – $50,000 in shares of Alkermes (NASDAQ:ALKS) on 7/30/2026.
Sold $15,001 – $50,000 in shares of Crinetics Pharmaceuticals (NASDAQ:CRNX) on 7/30/2026.
Sold $100,001 – $250,000 in shares of Alibaba Group (NYSE:BABA) on 7/24/2026.
Sold $1,001 – $15,000 in shares of Adobe (NASDAQ:ADBE) on 7/24/2026.
Sold $1,001 – $15,000 in shares of Viavi Solutions (NASDAQ:VIAV) on 7/21/2026.
Purchased $1,001 – $15,000 in shares of SailPoint (NASDAQ:SAIL) on 7/21/2026.
Purchased $1,001 – $15,000 in shares of Glacier Bancorp (NYSE:GBCI) on 7/21/2026.
Sold $1,001 – $15,000 in shares of FedEx (NYSE:FDX) on 7/21/2026.

Coinbase Global Trading Down 2.3%

Shares of NASDAQ:COIN traded down $4.23 during trading on Tuesday, reaching $180.41. The stock had a trading volume of 1,732,725 shares, compared to its average volume of 10,256,045. The company has a quick ratio of 2.42, a current ratio of 2.42 and a debt-to-equity ratio of 0.45. The stock has a market cap of $47.60 billion, a P/E ratio of -47.05 and a beta of 3.39. The business has a fifty day moving average price of $164.14 and a 200-day moving average price of $175.74. Coinbase Global, Inc. has a fifty-two week low of $139.11 and a fifty-two week high of $402.16.

Coinbase Global (NASDAQ:COIN – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The cryptocurrency exchange reported ($1.36) earnings per share for the quarter, missing the consensus estimate of ($0.44) by ($0.92). Coinbase Global had a negative net margin of 15.72% and a positive return on equity of 3.12%. The business had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.29 billion. During the same quarter last year, the firm posted $5.14 earnings per share. The company’s revenue was down 18.5% on a year-over-year basis. As a group, analysts anticipate that Coinbase Global, Inc. will post -0.39 earnings per share for the current fiscal year.

Analyst Ratings Changes

COIN has been the topic of several recent analyst reports. Citigroup reiterated a “market outperform” rating on shares of Coinbase Global in a report on Friday, July 31st. Raymond James Financial initiated coverage on shares of Coinbase Global in a research note on Wednesday, July 22nd. They set a “market perform” rating for the company. BTIG Research decreased their price target on shares of Coinbase Global from $260.00 to $240.00 and set a “buy” rating for the company in a research report on Friday, July 31st. UBS Group set a $155.00 price objective on Coinbase Global in a research report on Friday, July 31st. Finally, President Capital increased their target price on Coinbase Global from $236.00 to $264.00 and gave the company a “buy” rating in a research note on Tuesday, May 12th. Eighteen analysts have rated the stock with a Buy rating, nine have given a Hold rating and five have assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $216.87.

Get Our Latest Report on Coinbase Global

More Coinbase Global News

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

Positive Sentiment: Coinbase launched 23 regulated perpetual and dated futures contracts in Canada tied to Bitcoin, Ether, and Solana for eligible clients. The rollout supports CEO Brian Armstrong’s “everything exchange” strategy, expands Coinbase’s addressable trading market, and could create additional fee revenue. Coinbase Brings BTC, ETH and SOL Derivatives to Canada as Eric Richmond Pushes Everything Exchange Vision
Positive Sentiment: Coinbase is participating in Bitcoin-backed mortgage offerings with Better Mortgage. The program reportedly has generated approximately $360 million in applications, highlighting potential use cases for crypto assets and Coinbase’s role in expanding digital-asset financial services, although collateral and rehypothecation risks could limit adoption. Bitcoin Mortgages Now Available, But There’s a Catch With Your Collateral
Positive Sentiment: Analyst and crypto-market coverage continues to identify Coinbase as a stock to watch as Bitcoin recovers. A stronger crypto market generally supports Coinbase’s trading volumes, retail activity, and transaction revenue. Coinbase, Circle and Robinhood: Three Crypto Stocks to Watch in September
Neutral Sentiment: The upcoming Senate cloture vote on the CLARITY Act and Circle Arc’s planned mainnet launch could materially influence crypto regulation and market infrastructure, but neither event directly changes Coinbase’s near-term results. Week Ahead: Two Market-Moving Events in 48 Hours
Negative Sentiment: Router Protocol, a Coinbase-backed crypto project, plans to shut down by September 30 and burn roughly 303.3 million ROUTE tokens after failing to find a sustainable business model. The development may raise questions about venture exposure, though it does not indicate a problem with Coinbase’s core exchange operations. Coinbase-Backed Crypto Project Burns 303 Million ROUTE Tokens

Insider Buying and Selling at Coinbase Global

In other news, CAO Jennifer Jones sold 2,062 shares of the business’s stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $188.75, for a total value of $389,202.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frederick Wilson sold 35,068 shares of the company’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $144.32, for a total transaction of $5,061,013.76. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 57,130 shares of company stock valued at $8,830,416. 16.66% of the stock is owned by company insiders.

Institutional Investors Weigh In On Coinbase Global

A number of hedge funds have recently bought and sold shares of COIN. Archer Investment Corp purchased a new position in shares of Coinbase Global during the 2nd quarter valued at approximately $26,000. MV Capital Management Inc. bought a new stake in shares of Coinbase Global in the fourth quarter worth $27,000. Palisade Asset Management LLC acquired a new stake in Coinbase Global in the third quarter valued at $29,000. Osbon Capital Management LLC bought a new position in Coinbase Global during the 4th quarter valued at $30,000. Finally, Glen Eagle Advisors LLC boosted its stake in Coinbase Global by 101.1% during the 1st quarter. Glen Eagle Advisors LLC now owns 175 shares of the cryptocurrency exchange’s stock valued at $31,000 after acquiring an additional 88 shares during the last quarter. Institutional investors and hedge funds own 68.84% of the company’s stock.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

Coinbase Global Company Profile

(Get Free Report)

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.