Intech Investment Management LLC Boosts Stake in Coinbase Global, Inc. $COIN

Intech Investment Management LLC boosted its position in Coinbase Global, Inc. (NASDAQ:COIN) by 10.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 59,822 shares of the cryptocurrency exchange’s stock after purchasing an additional 5,423 shares during the period. Intech Investment Management LLC’s holdings in Coinbase Global were worth $20,189,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. REAP Financial Group LLC bought a new stake in shares of Coinbase Global during the 3rd quarter worth approximately $25,000. Evelyn Partners Investment Management Europe Ltd increased its stake in Coinbase Global by 92.3% in the second quarter. Evelyn Partners Investment Management Europe Ltd now owns 75 shares of the cryptocurrency exchange’s stock worth $29,000 after purchasing an additional 36 shares during the period. Salomon & Ludwin LLC lifted its position in shares of Coinbase Global by 4,400.0% during the third quarter. Salomon & Ludwin LLC now owns 90 shares of the cryptocurrency exchange’s stock worth $30,000 after purchasing an additional 88 shares during the last quarter. Financial Gravity Companies Inc. purchased a new stake in shares of Coinbase Global during the second quarter valued at $34,000. Finally, Fourth Dimension Wealth LLC grew its holdings in shares of Coinbase Global by 300.0% in the second quarter. Fourth Dimension Wealth LLC now owns 100 shares of the cryptocurrency exchange’s stock worth $35,000 after purchasing an additional 75 shares during the last quarter. Institutional investors own 68.84% of the company’s stock.

More Coinbase Global News

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

• Positive Sentiment: Major product launch — Coinbase opened U.S. stock and ETF trading (24 hours a day, five days a week), with 6k–8k+ securities, fractional shares, instant funding and USD/USDC rails. This broadens revenue opportunities, increases user engagement, and positions COIN to compete with retail brokers. Read More.
• Positive Sentiment: “Everything Exchange” narrative reinforced — multiple outlets frame the stock trading rollout as a game‑changer that expands Coinbase from crypto-only into multi-asset retail execution and custody, a strategic pivot that could lift lifetime value per user and diversify fee streams. Read More.
• Positive Sentiment: Stablecoin revenue upside — Bloomberg Intelligence estimates Coinbase’s USDC-related revenue could rise materially (2x–7x) if USDC adoption in payments accelerates, highlighting a high‑margin revenue line beyond trading fees. That expansion thesis supports longer-term earnings upside. Read More.
• Positive Sentiment: Crypto market tailwinds — a fresh leg higher in Bitcoin improved sentiment and helped COIN shares; positive crypto price action typically boosts exchange volumes and fee revenue. Read More.
• Neutral Sentiment: Market structure & trading playbook — Coinbase published BTC price-level guidance (key zones near $60k and $82k) that traders will use to time activity; useful for forecasting future volume but not an immediate revenue driver. Read More.
• Neutral Sentiment: Coinbase Credit activity — the exchange is extending institutional-style services (example: $30M facility to Smarter Web), showing product depth but limited near-term P&L impact relative to trading revenues. Read More.
• Negative Sentiment: Analyst pushback / price-target cut — China Renaissance lowered COIN’s price target to $223.20, signaling continued analyst caution and reminding investors that multiple quarters of muted trading volumes and profit variability still pose valuation risk. Read More.
• Neutral Sentiment: Mixed market signals — a short-interest update in late February contained anomalous zero values and is not currently a clear headwind; watch official short-interest releases for cleaner signals on positioning.

Coinbase Global Stock Performance

Shares of COIN stock opened at $183.94 on Thursday. The firm has a market cap of $48.57 billion, a price-to-earnings ratio of 41.90, a PEG ratio of 2.33 and a beta of 3.70. Coinbase Global, Inc. has a 52-week low of $139.36 and a 52-week high of $444.64. The company has a quick ratio of 2.34, a current ratio of 2.34 and a debt-to-equity ratio of 0.40. The company’s 50 day moving average is $209.04 and its 200 day moving average is $275.30.

Coinbase Global (NASDAQ:COIN) last announced its earnings results 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 company had revenue of $1.78 billion for the quarter, compared to the consensus estimate of $1.86 billion. During the same period last year, the business posted $4.68 EPS. The firm’s revenue was down 21.6% compared to the same quarter last year. On average, sell-side analysts anticipate that Coinbase Global, Inc. will post 7.22 EPS for the current fiscal year.

Insider Activity at Coinbase Global

In other Coinbase Global news, CFO Alesia J. Haas sold 364,600 shares of Coinbase Global stock in a transaction dated 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 transaction, the chief financial officer owned 402,165 shares in the company, valued at $62,315,466.75. The trade was a 47.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Brian Armstrong sold 40,000 shares of the business’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $248.96, for a total transaction of $9,958,400.00. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 513,775 shares of company stock valued at $95,046,092 over the last quarter. 16.56% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on COIN. Bank of America upgraded shares of Coinbase Global from a “neutral” rating to a “buy” rating and set a $340.00 price objective for the company in a report on Thursday, January 8th. Monness Crespi & Hardt lowered shares of Coinbase Global from a “hold” rating to a “sell” rating in a research report on Monday. Mizuho decreased their price target on shares of Coinbase Global from $280.00 to $170.00 and set a “neutral” rating for the company in a research note on Tuesday, February 17th. Jefferies Financial Group dropped their price objective on Coinbase Global from $268.00 to $151.00 and set a “hold” rating on the stock in a research note on Friday, February 13th. Finally, BTIG Research decreased their target price on Coinbase Global from $340.00 to $280.00 and set a “buy” rating for the company in a research report on Friday, February 13th. Nineteen analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, Coinbase Global has a consensus rating of “Hold” and an average price target of $278.54.

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.