Coinbase Global, Inc. $COIN Stock Bought by Interchange Capital Partners LLC

Interchange Capital Partners LLC grew its position in Coinbase Global, Inc. (NASDAQ:COIN) by 404.3% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 7,696 shares of the cryptocurrency exchange’s stock after purchasing an additional 6,170 shares during the period. Interchange Capital Partners LLC’s holdings in Coinbase Global were worth $1,435,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. D.A. Davidson & CO. grew its position in shares of Coinbase Global by 6.1% during the 3rd quarter. D.A. Davidson & CO. now owns 30,710 shares of the cryptocurrency exchange’s stock valued at $5,725,000 after acquiring an additional 1,753 shares during the period. Pinnacle Wealth Planning Services Inc. raised its stake in shares of Coinbase Global by 204.6% during the third quarter. Pinnacle Wealth Planning Services Inc. now owns 460 shares of the cryptocurrency exchange’s stock worth $86,000 after acquiring an additional 309 shares in the last quarter. North Dakota State Investment Board lifted its stake in Coinbase Global by 1.5% in the third quarter. North Dakota State Investment Board now owns 6,729 shares of the cryptocurrency exchange’s stock worth $1,254,000 after purchasing an additional 102 shares during the last quarter. Generali Asset Management SPA SGR boosted its holdings in Coinbase Global by 75.8% during the 3rd quarter. Generali Asset Management SPA SGR now owns 201,885 shares of the cryptocurrency exchange’s stock valued at $37,633,000 after acquiring an additional 87,056 shares during the period. Finally, Asset Management One Co. Ltd. grew its holdings in shares of Coinbase Global by 2.3% in the third quarter. Asset Management One Co. Ltd. now owns 91,769 shares of the cryptocurrency exchange’s stock worth $17,107,000 after purchasing an additional 2,055 shares during the last quarter. 68.84% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Coinbase Global

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

• Positive Sentiment: Coinbase reported third-quarter net income of approximately $719 million, reversing a three-quarter loss streak. Revenue of $1.22 billion and adjusted EPS of roughly $0.27–$0.28 exceeded consensus expectations, while operating expenses fell 13% sequentially. Coinbase snaps losing streak with third-quarter profit on crypto trading rebound
• Positive Sentiment: Subscription and services revenue increased 3% sequentially to $570.2 million, representing 49% of revenue. Coinbase One subscribers reached a record, and prediction-market revenue surpassed a $200 million annualized rate, supporting the company’s diversification beyond spot crypto trading. Coinbase Q3 Highlights
• Positive Sentiment: Coinbase expanded its stablecoin ecosystem by listing Ripple’s RLUSD across its retail, exchange and institutional platforms. Growing USDC balances, stablecoin payments and partnerships could create more recurring revenue and reduce reliance on trading fees. Ripple Brings Its Stablecoin to Coinbase’s Trading Platforms
• Positive Sentiment: Rosenblatt Securities reaffirmed a buy rating and assigned a $200 price target, implying substantial upside from recent trading levels. Coinbase also applied for a Brazilian crypto-service-provider license, helping protect its existing operations in an important market. Rosenblatt Securities rating
• Neutral Sentiment: Management projects fourth-quarter subscription and services revenue of $550 million to $630 million. The range suggests continued diversification, but also indicates possible sequential softness at the midpoint. Coinbase Q4 subscription revenue guidance
• Negative Sentiment: Reported profit was largely driven by a roughly $715 million gain on Coinbase’s crypto investments; adjusted net income was only about $78 million. Revenue fell 35% year over year to $1.22 billion, and transaction revenue declined slightly despite market-share gains, highlighting continued sensitivity to crypto prices and volumes. Coinbase Profit Is Mostly Crypto Gains
• Negative Sentiment: Insider selling remains a significant overhang: reported open-market activity showed 71 insider sales and no purchases over the past six months, while senior executives are reportedly planning substantial share sales. Coinbase Posts $719 Million Q3 Net Income
• Negative Sentiment: Customer contact data was exposed through analytics vendor Amplitude, although Coinbase said its systems and customer funds were not compromised. European stablecoin restrictions, a €3.25 million Irish regulatory fine and ongoing compliance costs add further risk. Coinbase denies systems breach

Insider Buying and Selling

In other news, CFO Alesia Haas sold 39,030 shares of Coinbase Global stock in a transaction dated Monday, September 21st. The stock was sold at an average price of $205.24, for a total value of $8,010,517.20. Following the completion of the transaction, the chief financial officer owned 345,376 shares of the company’s stock, valued at $70,884,970.24. The trade was a 10.15% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Jennifer Jones sold 2,062 shares of Coinbase Global stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $188.75, for a total value of $389,202.50. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 127,188 shares of company stock valued at $23,029,558 over the last ninety days. Insiders own 16.66% of the company’s stock.

Coinbase Global Stock Down 1.1%

COIN stock opened at $160.59 on Friday. The business has a 50 day moving average of $180.32 and a 200 day moving average of $179.32. The firm has a market cap of $42.37 billion, a PE ratio of -41.82 and a beta of 3.41. Coinbase Global, Inc. has a twelve month low of $139.11 and a twelve month high of $361.40. The company has a quick ratio of 2.42, a current ratio of 2.42 and a debt-to-equity ratio of 0.45.

Coinbase Global (NASDAQ:COIN) last released its earnings results on Thursday, July 30th. The cryptocurrency exchange reported ($1.36) EPS for the quarter, missing the consensus estimate of ($0.44) by ($0.92). Coinbase Global had a positive return on equity of 3.12% and a negative net margin of 15.72%. The company had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.29 billion. During the same period last year, the firm posted $5.14 earnings per share. The company’s revenue was down 18.5% compared to the same quarter last year. On average, research analysts forecast that Coinbase Global, Inc. will post -0.47 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have commented on COIN. Citigroup upped their price target on Coinbase Global from $210.00 to $230.00 and gave the company a “buy” rating in a research report on Tuesday, October 13th. Sanford C. Bernstein restated an “outperform” rating and set a $330.00 target price on shares of Coinbase Global in a report on Friday, July 31st. Needham & Company LLC upped their target price on shares of Coinbase Global from $200.00 to $205.00 and gave the stock a “buy” rating in a research report on Wednesday, October 21st. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $244.00 target price on shares of Coinbase Global in a research report on Wednesday, October 7th. Finally, JPMorgan Chase & Co. increased their price target on shares of Coinbase Global from $148.00 to $189.00 and gave the stock an “overweight” rating in a research note on Monday. Twenty analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $220.91.

Coinbase Global Company Profile

Coinbase Global, Inc operates a digital-asset financial infrastructure and technology platform. Through its Coinbase platform, the company enables individuals and institutions to buy, sell, store, transfer and use cryptocurrencies and other digital assets. Its services are designed to support both retail customers and institutional participants in the digital-asset economy.

The company offers cryptocurrency trading, custody and staking services, as well as subscription products and institutional solutions.