Coinbase Global (NASDAQ:COIN) Shares Acquired Rep. Gilbert Ray Cisneros, Jr.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Coinbase Global, Inc. (NASDAQ:COIN). In a filing disclosed on May 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in Coinbase Global stock on April 14th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Revvity (NYSE:RVTY) on 5/1/2026.
• Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 5/1/2026.
• Sold $1,001 – $15,000 in shares of SS&C Technologies (NASDAQ:SSNC) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Wayfair (NYSE:W) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of STERIS (NYSE:STE) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Sensata Technologies (NYSE:ST) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Veralto (NYSE:VLTO) on 5/1/2026.

Coinbase Global Stock Performance

COIN stock traded down $8.96 during trading hours on Tuesday, reaching $207.64. The stock had a trading volume of 9,481,272 shares, compared to its average volume of 10,375,982. The stock has a market capitalization of $54.83 billion, a PE ratio of 78.06, a price-to-earnings-growth ratio of 5.77 and a beta of 3.38. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.34 and a quick ratio of 2.34. The stock has a 50-day simple moving average of $190.74 and a 200 day simple moving average of $224.26. Coinbase Global, Inc. has a fifty-two week low of $139.36 and a fifty-two week high of $444.64.

Coinbase Global (NASDAQ:COIN) last announced its quarterly earnings results on Thursday, May 7th. The cryptocurrency exchange reported ($1.49) EPS for the quarter, missing analysts’ consensus estimates of $0.06 by ($1.55). The firm had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.49 billion. Coinbase Global had a net margin of 12.20% and a return on equity of 4.06%. The business’s revenue was down 30.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.24 EPS. Analysts predict that Coinbase Global, Inc. will post 2.58 EPS for the current fiscal year.

Institutional Trading of Coinbase Global

Hedge funds have recently modified their holdings of the stock. REAP Financial Group LLC acquired a new stake in shares of Coinbase Global during the 3rd quarter worth about $25,000. MV Capital Management Inc. acquired a new stake in shares of Coinbase Global during the 4th quarter worth about $27,000. Palisade Asset Management LLC acquired a new stake in shares of Coinbase Global during the 3rd quarter worth about $29,000. Osbon Capital Management LLC acquired a new stake in shares of Coinbase Global during the 4th quarter worth about $30,000. Finally, Archer Investment Corp lifted its stake in shares of Coinbase Global by 546.4% during the 1st quarter. Archer Investment Corp now owns 181 shares of the cryptocurrency exchange’s stock worth $32,000 after buying an additional 153 shares during the last quarter. Institutional investors and hedge funds own 68.84% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. Robert W. Baird cut their price target on shares of Coinbase Global from $200.00 to $160.00 and set a “neutral” rating for the company in a research note on Friday. BTIG Research cut their price target on shares of Coinbase Global from $340.00 to $280.00 and set a “buy” rating for the company in a research note on Friday, February 13th. Monness Crespi & Hardt reiterated a “sell” rating and issued a $110.00 price target (down from $115.00) on shares of Coinbase Global in a research note on Friday. Citizens Jmp cut their price target on shares of Coinbase Global from $400.00 to $355.00 and set a “market outperform” rating for the company in a research note on Friday, April 10th. Finally, Benchmark cut their price target on shares of Coinbase Global from $267.00 to $260.00 and set a “buy” rating for the company in a research note on Wednesday, May 6th. Nineteen analysts have rated the stock with a Buy rating, ten have given a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $251.91.

Coinbase Global News Summary

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

• Positive Sentiment: Coinbase added Solana (SOL) to its crypto-backed loans offering, expanding its lending product and potentially boosting user engagement and asset utility. Coinbase and Morpho Unveil Solana-Backed Loans
• Positive Sentiment: President Capital raised its price target on Coinbase to $264 and reiterated a buy rating, signaling confidence in upside from current levels.
• Positive Sentiment: HC Wainwright and other firms maintained buy ratings despite trimming estimates, while Needham reiterated a buy rating with a $300 target, reinforcing a broadly constructive Wall Street view.
• Positive Sentiment: Coinbase continues to benefit from progress on broader crypto market infrastructure, including CME’s move toward 24/7 crypto futures trading and Senate debate over the CLARITY Act, both of which could support long-term adoption.

Insider Activity

In other news, CFO Alesia J. Haas sold 10,020 shares of the firm’s stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $200.00, for a total transaction of $2,004,000.00. Following the completion of the sale, the chief financial officer owned 377,201 shares in the company, valued at approximately $75,440,200. This trade represents a 2.59% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 29,990 shares of company stock worth $6,013,920. Company insiders own 16.66% of the company’s stock.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

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.