Orion Porfolio Solutions LLC Has $2.54 Million Holdings in Coinbase Global, Inc. $COIN

Orion Porfolio Solutions LLC lessened its position in shares of Coinbase Global, Inc. (NASDAQ:COIN) by 29.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,518 shares of the cryptocurrency exchange’s stock after selling 3,142 shares during the period. Orion Porfolio Solutions LLC’s holdings in Coinbase Global were worth $2,537,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. raised its position in Coinbase Global by 8.3% in the 3rd quarter. Vanguard Group Inc. now owns 26,216,793 shares of the cryptocurrency exchange’s stock valued at $8,847,905,000 after buying an additional 2,007,930 shares during the last quarter. Geode Capital Management LLC boosted its position in 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 acquiring an additional 1,755,146 shares during the last quarter. Norges Bank acquired a new position in Coinbase Global during the 2nd quarter worth approximately $1,044,354,000. Charles Schwab Investment Management Inc. grew its stake in shares of Coinbase Global by 53.0% during 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 acquiring an additional 504,068 shares in the last quarter. Finally, Legal & General Group Plc grew its stake in shares of Coinbase Global by 14.6% during the 2nd quarter. Legal & General Group Plc now owns 1,136,620 shares of the cryptocurrency exchange’s stock worth $398,374,000 after acquiring an additional 145,047 shares in the last quarter. 68.84% of the stock is currently owned by institutional investors.

Coinbase Global Price Performance

NASDAQ:COIN opened at $196.52 on Wednesday. The stock has a market capitalization of $51.90 billion, a PE ratio of 44.77, a P/E/G ratio of 3.10 and a beta of 3.70. Coinbase Global, Inc. has a 1-year low of $139.36 and a 1-year high of $444.64. The firm has a fifty day simple moving average of $200.57 and a 200 day simple moving average of $267.19. The company has a current ratio of 2.34, a quick ratio of 2.34 and a debt-to-equity ratio of 0.40.

Coinbase Global (NASDAQ:COIN) last posted its quarterly 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 return on equity of 8.68% and a net margin of 17.55%.The firm 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 company posted $4.68 earnings per share. The business’s revenue was down 21.6% compared to the same quarter last year. On average, research analysts expect that Coinbase Global, Inc. will post 7.22 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently commented on COIN shares. Cantor Fitzgerald cut their price objective on shares of Coinbase Global from $277.00 to $221.00 and set an “overweight” rating on the stock in a research report on Monday, February 9th. HC Wainwright decreased their target price on shares of Coinbase Global from $425.00 to $350.00 and set a “buy” rating for the company in a research report on Wednesday, February 11th. Benchmark lowered their price target on shares of Coinbase Global from $421.00 to $267.00 and set a “buy” rating on the stock in a research note on Friday, February 13th. Citigroup cut their price target on shares of Coinbase Global from $505.00 to $400.00 and set a “buy” rating on the stock in a research report on Friday, February 6th. Finally, President Capital reduced their price objective on shares of Coinbase Global from $472.00 to $236.00 and set a “buy” rating for the company in a research note on Wednesday, February 25th. Nineteen analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $270.51.

Insider Activity

In related news, Director Frederick Ernest Ehrsam III sold 1,375 shares of the firm’s stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $250.27, for a total value of $344,121.25. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Brian Armstrong sold 40,000 shares of Coinbase Global stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $248.96, for a total value of $9,958,400.00. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 476,920 shares of company stock valued at $84,194,452. 16.56% of the stock is owned by company insiders.

Coinbase Global News Summary

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

• Positive Sentiment: Aon completed a stablecoin insurance‑premium pilot that used USDC and PYUSD and settled with Coinbase/Paxos, validating Coinbase’s role in institutional stablecoin rails and potential new payment flow volume. Aon Announces First Stablecoin Insurance Premium Payment
• Positive Sentiment: Coinbase rolled out regulated crypto futures trading across 26 European countries (MiFID/ESMA framework), expanding product offerings, European revenue opportunities and fee pools for Advanced users. Coinbase rolls out crypto futures trading in 26 European countries
• Positive Sentiment: Analysts and outlets are highlighting Coinbase as a rebound play if crypto volume and BTC demand recover — attention from outlets and a recent Cantor Fitzgerald buy rating support positive sentiment among some investors. Coinbase Global Receives a Buy from Cantor Fitzgerald
• Neutral Sentiment: Zacks and other outlets are circulating “is it a buy?” pieces that keep COIN in retail/investor screens but don’t add a clear near‑term catalyst. Is Trending Stock Coinbase Global, Inc. (COIN) a Buy Now?
• Neutral Sentiment: A reported on‑chain move: Bitmine transferred ~9,600 ETH to Coinbase Prime — signals custody/prime flows but is an isolated on‑chain deposit rather than recurring revenue. Bitmine Transfers $19.5M in ETH to Coinbase Prime
• Neutral Sentiment: Public short‑interest reports in early March show anomalous/zero values and NaN increases — the data looks unreliable and shouldn’t be interpreted as a fresh short‑squeeze signal.
• Negative Sentiment: Legislation that could clarify crypto market structure is facing political headwinds and a veto threat, increasing regulatory uncertainty that investors fear could hurt Coinbase’s U.S. growth or product approvals. Crypto Regulation Bill in Jeopardy
• Negative Sentiment: Rothschild & Co Redburn trimmed its price target on COIN (from $288 to $277), a modest negative signal to some investors even though the new target still implies upside. Rothschild & Co Redburn Adjusts Price Target on Coinbase
• Negative Sentiment: Insider activity: the CFO sold roughly $2.0M of stock recently, which can weigh on sentiment even if it’s routine diversification. Coinbase CFO Sells $2,004,000 in Stock

Coinbase Global Company 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.