Coinbase Global (NASDAQ:COIN) Director Frederick Ernest Ehrsam III Sells 1,375 Shares

Coinbase Global, Inc. (NASDAQ:COIN) Director Frederick Ernest Ehrsam III sold 1,375 shares of the business’s stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $250.03, for a total transaction of $343,791.25. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Frederick Ernest Ehrsam III also recently made the following trade(s):

• On Thursday, December 18th, Frederick Ernest Ehrsam III sold 1,375 shares of Coinbase Global stock. The stock was sold at an average price of $252.82, for a total transaction of $347,627.50.
• On Tuesday, December 9th, Frederick Ernest Ehrsam III sold 2,750 shares of Coinbase Global stock. The stock was sold at an average price of $280.27, for a total transaction of $770,742.50.
• On Thursday, December 4th, Frederick Ernest Ehrsam III sold 4,125 shares of Coinbase Global stock. The shares were sold at an average price of $274.06, for a total transaction of $1,130,497.50.
• On Thursday, November 20th, Frederick Ernest Ehrsam III sold 2,750 shares of Coinbase Global stock. The shares were sold at an average price of $260.33, for a total value of $715,907.50.
• On Monday, November 10th, Frederick Ernest Ehrsam III sold 55,688 shares of Coinbase Global stock. The stock was sold at an average price of $321.81, for a total value of $17,920,955.28.
• On Friday, November 7th, Frederick Ernest Ehrsam III sold 19,927 shares of Coinbase Global stock. The shares were sold at an average price of $288.77, for a total value of $5,754,319.79.
• On Thursday, November 6th, Frederick Ernest Ehrsam III sold 277,074 shares of Coinbase Global stock. The shares were sold at an average price of $309.92, for a total value of $85,870,774.08.

Coinbase Global Stock Down 1.8%

Shares of Coinbase Global stock opened at $245.93 on Thursday. The company has a current ratio of 2.40, a quick ratio of 2.40 and a debt-to-equity ratio of 0.37. Coinbase Global, Inc. has a 1 year low of $142.58 and a 1 year high of $444.64. The stock has a 50-day moving average price of $267.08 and a 200 day moving average price of $316.35. The company has a market cap of $66.31 billion, a P/E ratio of 21.27 and a beta of 3.70.

Coinbase Global (NASDAQ:COIN) last posted its quarterly earnings results on Thursday, October 30th. The cryptocurrency exchange reported $1.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.04 by $0.40. The business had revenue of $1.87 billion during the quarter, compared to analyst estimates of $1.77 billion. Coinbase Global had a net margin of 41.99% and a return on equity of 15.70%. The firm’s revenue was up 55.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.28 earnings per share. As a group, analysts expect that Coinbase Global, Inc. will post 7.22 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have recently commented on COIN shares. Needham & Company LLC lowered their price target on shares of Coinbase Global from $400.00 to $290.00 and set a “buy” rating on the stock in a report on Monday, December 29th. Erste Group Bank cut Coinbase Global from a “buy” rating to a “hold” rating in a research report on Thursday, November 20th. Deutsche Bank Aktiengesellschaft began coverage on Coinbase Global in a research note on Wednesday, December 17th. They issued a “buy” rating and a $340.00 target price on the stock. Rothschild Redb raised Coinbase Global from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 3rd. Finally, Sanford C. Bernstein reiterated an “outperform” rating and set a $440.00 price target on shares of Coinbase Global in a report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Coinbase Global presently has a consensus rating of “Moderate Buy” and an average target price of $376.74.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. grew its holdings in Coinbase Global by 25.5% during the second quarter. Vanguard Group Inc. now owns 24,208,863 shares of the cryptocurrency exchange’s stock valued at $8,484,964,000 after purchasing an additional 4,914,407 shares during the last quarter. Norges Bank bought a new stake in shares of Coinbase Global during the 2nd quarter worth $1,044,354,000. Geode Capital Management LLC boosted its holdings in shares of Coinbase Global by 46.1% during the 2nd 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 during the period. Artisan Partners Limited Partnership acquired a new position in Coinbase Global in the 3rd quarter valued at $224,663,000. Finally, Baillie Gifford & Co. bought a new position in Coinbase Global in the 3rd quarter worth $198,249,000. 68.84% of the stock is owned by institutional investors.

Key Stories Impacting Coinbase Global

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

• Positive Sentiment: Goldman Sachs upgraded COIN to Buy, highlighting infrastructure revenue growth and driving renewed investor interest in Coinbase’s higher‑margin products. Goldman Sachs Upgrade
• Positive Sentiment: Multiple brokerages (Bernstein, Monness) reiterated/initiated Buy ratings, reinforcing bullish analyst coverage and supporting flows into the stock. Bernstein Keeps Buy
• Positive Sentiment: Coinbase’s ecosystem adoption expands: an external fintech (OwlTing) announced integration with Coinbase’s x402 standard, which could accelerate real‑world payments and merchant on‑ramps for Coinbase tech. OwlTing Integration
• Positive Sentiment: Strategic wins: Coinbase’s 2025 push (S&P 500 inclusion, 10 acquisitions including Deribit, MiCA approval) are longer‑term positives for scale, diversification and regulatory clearance in Europe. S&P 500 & Acquisitions
• Neutral Sentiment: Management is pitching 2026 as an inflection toward a “global market operator” beyond exchange trading — strategic narrative that can justify multiple valuation paths but will take time to prove. Strategy Shift Article
• Neutral Sentiment: Coinbase researchers warned about quantum‑computing risks to Bitcoin security; this raises long‑term technology risk awareness but is not an immediate revenue threat. Quantum Risk
• Negative Sentiment: CEO Brian Armstrong warned China’s decision to pay interest on its digital yuan could give China a payments advantage and hurt dollar‑pegged stablecoins — a policy/competitive risk that could pressure US stablecoin adoption and margins. Armstrong on Digital Yuan
• Negative Sentiment: Insider sales: CEO Brian Armstrong and a director disclosed large share sales (early January), which can sap near‑term sentiment even if routine. SEC Form 4
• Negative Sentiment: Regional operational headwinds: Coinbase paused local fiat rails in Argentina and faces other country‑level blockages, illustrating execution/regulatory friction in new markets. Argentina Fiat Halt
• Negative Sentiment: Technical/flow pressure: chart patterns (death cross) and recent bitcoin weakness have prompted caution among technical traders, contributing to downward momentum. Technical Concerns

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.