Banco Santander S.A. Has $21.37 Million Holdings in Coinbase Global, Inc. $COIN

Banco Santander S.A. raised its stake in Coinbase Global, Inc. (NASDAQ:COIN) by 29.6% in the 4th quarter, HoldingsChannel reports. The fund owned 94,480 shares of the cryptocurrency exchange’s stock after buying an additional 21,594 shares during the quarter. Banco Santander S.A.’s holdings in Coinbase Global were worth $21,366,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in Coinbase Global by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 26,400,836 shares of the cryptocurrency exchange’s stock worth $5,970,285,000 after purchasing an additional 184,043 shares during the period. Geode Capital Management LLC grew its stake in shares of Coinbase Global by 3.2% during the fourth quarter. Geode Capital Management LLC now owns 6,098,062 shares of the cryptocurrency exchange’s stock worth $1,374,080,000 after purchasing an additional 189,080 shares during the period. Norges Bank acquired a new stake in shares of Coinbase Global during the fourth quarter worth $656,744,000. ARK Investment Management LLC grew its stake in shares of Coinbase Global by 6.1% during the fourth quarter. ARK Investment Management LLC now owns 2,541,928 shares of the cryptocurrency exchange’s stock worth $574,832,000 after purchasing an additional 146,388 shares during the period. Finally, Northern Trust Corp grew its position in shares of Coinbase Global by 5.9% during the 3rd quarter. Northern Trust Corp now owns 1,959,871 shares of the cryptocurrency exchange’s stock worth $661,437,000 after buying an additional 108,751 shares during the period. 68.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, insider Lawrence J. Brock sold 6,616 shares of the firm’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $189.01, for a total value of $1,250,490.16. Following the completion of the sale, the insider directly owned 517 shares in the company, valued at approximately $97,718.17. This trade represents a 92.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 of the company’s stock, valued at $75,440,200. This trade represents a 2.59% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 40,597 shares of company stock valued at $7,746,861. Corporate insiders own 16.66% of the company’s stock.

Coinbase Global Trading Down 0.4%

NASDAQ:COIN opened at $159.78 on Friday. Coinbase Global, Inc. has a twelve month low of $139.36 and a twelve month high of $444.64. The company has a quick ratio of 2.14, a current ratio of 2.14 and a debt-to-equity ratio of 0.44. The business has a 50 day moving average price of $185.04 and a two-hundred day moving average price of $204.30. The company has a market cap of $42.10 billion, a P/E ratio of 60.07, a price-to-earnings-growth ratio of 5.10 and a beta of 3.32.

Coinbase Global (NASDAQ:COIN) last released its quarterly earnings results on Thursday, May 7th. The cryptocurrency exchange reported ($1.49) earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by ($1.55). Coinbase Global had a return on equity of 4.16% and a net margin of 12.20%.The firm had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.49 billion. During the same period last year, the company earned $0.24 EPS. The company’s revenue was down 30.5% compared to the same quarter last year. As a group, analysts expect that Coinbase Global, Inc. will post 1.93 EPS for the current fiscal year.

Key Headlines Impacting Coinbase Global

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

• Positive Sentiment: Coinbase launched Coinbase for Agents, a new AI tool that lets models like ChatGPT and Claude trade crypto, make payments, and execute strategies on users’ behalf. Investors may view this as a potential new revenue driver and a way for Coinbase to become a key platform for autonomous finance. Cointelegraph article
• Positive Sentiment: Coinbase also rolled out an AI-powered trading platform for autonomous agents, reinforcing the company’s push into agentic commerce and potentially broadening user engagement. Blockonomi article
• Positive Sentiment: Mastercard selected Coinbase as part of an AI agent payments initiative, which could help validate Coinbase’s infrastructure and expand its role in emerging machine-to-machine payment rails. Yahoo Finance article
• Positive Sentiment: Coinbase and MassPay announced a stablecoin-powered payout partnership spanning 180 countries, pointing to growing enterprise use of USDC and broader adoption of Coinbase-linked payment infrastructure. Cointelegraph article
• Positive Sentiment: Circle moved a record $4.4 billion in USDC to a Coinbase-linked wallet, underscoring Coinbase’s central role in stablecoin settlement and treasury flows on-chain. Blockonomi article
• Neutral Sentiment: Coinbase’s Quantum Advisory Council warned that Bitcoin may face future quantum-related risks, but this is more of a long-term industry issue than a direct near-term catalyst for COIN. NewsBTC article
• Neutral Sentiment: Bernstein suggested the 2026 World Cup could boost prediction markets and potentially benefit Coinbase through new user activity, but this is still speculative and depends on broader market adoption. Cointelegraph article

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on COIN shares. UBS Group set a $264.00 target price on Coinbase Global in a research report on Friday, February 13th. JPMorgan Chase & Co. boosted their target price on Coinbase Global from $252.00 to $290.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 5th. BTIG Research decreased their price target on shares of Coinbase Global from $340.00 to $280.00 and set a “buy” rating for the company in a report on Friday, February 13th. Monness Crespi & Hardt reissued a “sell” rating on shares of Coinbase Global in a report on Friday, June 5th. Finally, Zacks Research raised shares of Coinbase Global from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 14th. Eighteen research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $250.23.

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.