Coinbase Global, Inc. $COIN is Kera Capital Partners Inc.’s 8th Largest Position

Kera Capital Partners Inc. increased its position in Coinbase Global, Inc. (NASDAQ:COIN) by 6.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,167 shares of the cryptocurrency exchange’s stock after purchasing an additional 2,207 shares during the period. Coinbase Global makes up approximately 2.0% of Kera Capital Partners Inc.’s holdings, making the stock its 8th biggest position. Kera Capital Partners Inc.’s holdings in Coinbase Global were worth $13,218,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of COIN. Vanguard Group Inc. increased its position in shares of 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 acquiring an additional 4,914,407 shares in the last quarter. Norges Bank bought a new position in shares of Coinbase Global during the second quarter valued at $1,044,354,000. Geode Capital Management LLC boosted its position in shares of Coinbase Global by 46.1% during the second quarter. Geode Capital Management LLC now owns 5,559,513 shares of the cryptocurrency exchange’s stock valued at $1,940,805,000 after buying an additional 1,755,146 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Coinbase Global by 53.0% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 1,455,916 shares of the cryptocurrency exchange’s stock worth $510,284,000 after buying an additional 504,068 shares in the last quarter. Finally, Assenagon Asset Management S.A. raised its position in Coinbase Global by 1,647.1% in the 3rd quarter. Assenagon Asset Management S.A. now owns 507,318 shares of the cryptocurrency exchange’s stock worth $171,215,000 after buying an additional 478,281 shares during the last quarter. 68.84% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on COIN shares. President Capital lifted their price target on shares of Coinbase Global from $401.00 to $472.00 and gave the stock a “buy” rating in a research note on Wednesday, November 5th. Argus reissued a “hold” rating on shares of Coinbase Global in a report on Tuesday, November 25th. China Renaissance lifted their price objective on Coinbase Global from $444.60 to $479.30 in a report on Monday, November 3rd. Benchmark reissued a “buy” rating on shares of Coinbase Global in a report on Friday, October 31st. Finally, Cantor Fitzgerald dropped their target price on Coinbase Global from $459.00 to $320.00 and set an “overweight” rating on the stock in a research report on Thursday, December 18th. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $375.18.

Key Headlines Impacting Coinbase Global

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

• Positive Sentiment: Senate draft crypto framework lifts sentiment because it could provide clearer, nationwide rules for exchanges — a regulatory clarity outcome that investors often reward. Coinbase Stock Jumps: What’s Behind This Surge?
• Positive Sentiment: CEO Brian Armstrong’s public bullishness on tokenized stocks and other product expansions frames longer‑term revenue upside from new trading/custody services. Positive product narrative supports multiple revenue levers beyond spot trading. Coinbase CEO Brian Armstrong Details ‘Huge’ Prediction on Nascent Crypto Sector – Here’s His Outlook
• Positive Sentiment: Some analysts and investors view the pullback from multi‑hundred dollar highs as a buying opportunity; bullish analyst commentary (buy‑the‑dip cases) can attract capital on rebounds. Down 45% From Its Highs, This Analyst Thinks You Should Buy the Dip in Coinbase Stock
• Neutral Sentiment: Oppenheimer trimmed its price target slightly but left an outperform rating — mixed signal: longer runway acknowledged but shorter‑term valuation questions remain. Benzinga Coverage of Oppenheimer PT
• Neutral Sentiment: Competitive dynamics: Robinhood’s expansion into stock/crypto overlap raises competitive risk in trading and retail custody segments; watch product launches and fee mix. Robinhood Takes On Coinbase as Stock and Crypto Overlap
• Negative Sentiment: Stablecoin rewards are under intense Senate scrutiny; lawmakers and banking groups warn rewards could drain bank deposits. That scrutiny creates near‑term regulatory risk to a business line that contributed meaningfully to 2025 revenue. Coinbase Stock (COIN) in Focus as Stablecoin Rewards Face Senate Scrutiny
• Negative Sentiment: Coinbase has publicly threatened to withdraw support for the market‑structure/CLARITY bill if language restricts stablecoin rewards — a standoff that increases legislative uncertainty and could unsettle investors if the bill fails or forces business changes. Coinbase Threatens to Pull Support for Crypto Bill Over Stablecoin Rewards
• Negative Sentiment: Bernstein cut its price target and other coverage (e.g., Bernstein PT move reported on Yahoo Finance) signals some analyst caution — and exchange-linked BTC outflows reported from major exchanges can pressure trading volumes and fee revenue if crypto prices fall. Bernstein Lowers PT on Coinbase Global (COIN) Stock

Coinbase Global Stock Up 4.0%

NASDAQ COIN opened at $252.69 on Wednesday. Coinbase Global, Inc. has a 52 week low of $142.58 and a 52 week high of $444.64. The company has a quick ratio of 2.40, a current ratio of 2.40 and a debt-to-equity ratio of 0.37. The company has a market capitalization of $68.14 billion, a P/E ratio of 21.86 and a beta of 3.70. The stock’s 50-day moving average price is $260.52 and its 200-day moving average price is $313.27.

Coinbase Global (NASDAQ:COIN) last released its earnings results on Thursday, October 30th. The cryptocurrency exchange reported $1.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.04 by $0.40. The company 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 quarterly revenue was up 55.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.28 EPS. On average, equities research analysts predict that Coinbase Global, Inc. will post 7.22 earnings per share for the current year.

Insider Buying and Selling

In related news, CEO Brian Armstrong sold 40,000 shares of the stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $271.87, for a total transaction of $10,874,800.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, COO Emilie Choi sold 100,000 shares of Coinbase Global stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $310.88, for a total transaction of $31,088,000.00. Following the sale, the chief operating officer owned 187,802 shares in the company, valued at approximately $58,383,885.76. The trade was a 34.75% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 808,412 shares of company stock valued at $237,645,711. Company insiders own 16.56% of the company’s stock.

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.