Quadrature Capital Ltd Has $69.91 Million Stock Position in Coinbase Global, Inc. $COIN

Quadrature Capital Ltd increased its holdings in Coinbase Global, Inc. (NASDAQ:COIN) by 37.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 207,137 shares of the cryptocurrency exchange’s stock after acquiring an additional 56,097 shares during the period. Quadrature Capital Ltd’s holdings in Coinbase Global were worth $69,907,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Integrated Wealth Concepts LLC increased its holdings in shares of Coinbase Global by 24.2% in the 1st quarter. Integrated Wealth Concepts LLC now owns 2,119 shares of the cryptocurrency exchange’s stock valued at $365,000 after purchasing an additional 413 shares during the period. Empowered Funds LLC lifted its position in shares of Coinbase Global by 25.8% in the first quarter. Empowered Funds LLC now owns 8,581 shares of the cryptocurrency exchange’s stock worth $1,478,000 after purchasing an additional 1,761 shares in the last quarter. Focus Partners Wealth boosted its holdings in shares of Coinbase Global by 9.9% during the first quarter. Focus Partners Wealth now owns 5,202 shares of the cryptocurrency exchange’s stock worth $896,000 after purchasing an additional 467 shares during the period. Sivia Capital Partners LLC acquired a new stake in shares of Coinbase Global during the second quarter worth approximately $285,000. Finally, Allworth Financial LP increased its stake in Coinbase Global by 33.6% in the 2nd quarter. Allworth Financial LP now owns 3,224 shares of the cryptocurrency exchange’s stock valued at $1,130,000 after buying an additional 811 shares during the period. 68.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Coinbase Global

In other Coinbase Global news, CFO Alesia J. Haas sold 364,600 shares of the business’s 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 completion of the sale, the chief financial officer owned 402,165 shares of the company’s stock, valued at $62,315,466.75. The trade was a 47.55% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Frederick Ernest Ehrsam III sold 2,750 shares of the company’s stock in a transaction dated Wednesday, January 14th. The stock was sold at an average price of $260.09, for a total value of $715,247.50. The SEC filing for this sale provides additional information. Insiders have sold a total of 476,920 shares of company stock worth $84,194,452 over the last three months. Corporate insiders own 16.56% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on COIN. China Renaissance cut their target price on shares of Coinbase Global from $301.50 to $223.20 and set a “buy” rating for the company in a research report on Monday, February 23rd. 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 report on Friday, February 13th. Rothschild & Co Redburn dropped their price target on shares of Coinbase Global from $288.00 to $277.00 in a research note on Monday. UBS Group set a $264.00 price objective on Coinbase Global in a report on Friday, February 13th. Finally, The Goldman Sachs Group lifted their price objective on Coinbase Global from $264.00 to $270.00 and gave the company a “buy” rating in a research report on Friday, March 6th. Nineteen research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $270.51.

Coinbase Global Stock Performance

Shares of COIN opened at $193.35 on Friday. The company’s fifty day moving average is $199.36 and its 200-day moving average is $266.20. Coinbase Global, Inc. has a 12 month low of $139.36 and a 12 month high of $444.64. The firm has a market cap of $51.06 billion, a price-to-earnings ratio of 44.04, a price-to-earnings-growth ratio of 3.50 and a beta of 3.70. The company has a quick ratio of 2.34, a current ratio of 2.34 and a debt-to-equity ratio of 0.40.

Coinbase Global (NASDAQ:COIN) last released its quarterly earnings data 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). The business had revenue of $1.78 billion during the quarter, compared to analyst estimates of $1.86 billion. Coinbase Global had a net margin of 17.55% and a return on equity of 8.68%. The firm’s revenue for the quarter was down 21.6% on a year-over-year basis. During the same period in the previous year, the firm posted $4.68 EPS. Equities analysts expect that Coinbase Global, Inc. will post 7.22 EPS for the current fiscal year.

More Coinbase Global News

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

• Positive Sentiment: Coinbase launched regulated crypto and index futures across 26 European countries, expanding its institutional and retail product footprint in a major market — a potential revenue and market-share positive. COIN Broadens Reach With Europe Futures
• Positive Sentiment: Product innovation: Coinbase rolled out Agentic Wallets for AI agents and has highlighted high transaction volumes, signaling new use cases and product-led growth opportunities. AI Agents Set to Dominate Crypto Payments
• Positive Sentiment: Policy engagement: Coinbase’s Chief Policy Officer publicly outlined recommendations to shape U.S. stablecoin rules — proactive regulatory positioning could reduce future compliance risk if adopted. CPO Lists 5 Errors US Congress Should Avoid
• Neutral Sentiment: Coinbase executives publicly denied accusations that the company lobbied to block a Bitcoin de minimis tax exemption — denial aims to contain reputational harm but may not fully dispel community concerns. Coinbase execs deny lobbying
• Neutral Sentiment: Legal/flow headlines: A proposed class action against JPMorgan alleges transfers into Coinbase wallets linked to a Ponzi scheme — the suit targets the bank, not Coinbase directly, but keeps regulatory and AML scrutiny in market conversation. JPMorgan Faces $328M Lawsuit
• Negative Sentiment: Analyst/valuation pressure: Coverage notes COIN is lagging the industry year-to-date, trading at a premium with falling earnings estimates — valuation concerns are a clear near-term headwind for the stock. COIN Lags Industry YTD
• Negative Sentiment: Community controversy: Persistent social-media claims that Coinbase opposed a BTC de minimis tax exemption (despite denials) keep reputational risk elevated, which could spook retail or policy-sensitive investors. Is Coinbase Sabotaging Bitcoin De Minimis Tax?
• Negative Sentiment: Short-interest reports indicate a reported rise in short activity for March (data shows anomalies but the market interprets rising short interest as bearish sentiment). (internal short-interest snapshots)
• Negative Sentiment: High-profile commentary: Influencers and commentators (e.g., Jim Cramer) suggesting investors buy Bitcoin rather than Coinbase stock may reduce demand for COIN shares. Jim Cramer on Coinbase

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.