Coinbase Global (NASDAQ:COIN) Stock Price Down 2% Following Insider Selling

Coinbase Global, Inc. (NASDAQ:COIN)’s share price fell 2% during trading on Thursday following insider selling activity. The company traded as low as $239.10 and last traded at $239.20. 9,103,950 shares traded hands during trading, a decline of 16% from the average session volume of 10,791,346 shares. The stock had previously closed at $244.19.

Specifically, CFO Alesia J. Haas sold 1,742 shares of the stock in a transaction on Monday, December 15th. The stock was sold at an average price of $268.00, for a total value of $466,856.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Alesia J. Haas sold 5,633 shares of Coinbase Global stock in a transaction on Monday, December 15th. The shares were sold at an average price of $266.49, for a total transaction of $1,501,138.17. Following the completion of the sale, the chief financial officer directly owned 78,714 shares of the company’s stock, valued at approximately $20,976,493.86. The trade was a 6.68% decrease in their position. The SEC filing for this sale provides additional information.

Analysts Set New Price Targets

Several research analysts have weighed in on COIN shares. Rothschild & Co Redburn lowered their price objective on shares of Coinbase Global from $417.00 to $404.00 and set a “buy” rating on the stock in a report on Friday, November 28th. China Renaissance boosted their target price on shares of Coinbase Global from $444.60 to $479.30 in a research report on Monday, November 3rd. B. Riley upped their target price on shares of Coinbase Global from $185.00 to $243.00 and gave the stock a “neutral” rating in a report on Monday, November 3rd. HC Wainwright upgraded Coinbase Global from a “sell” rating to a “buy” rating and lifted their price target for the company from $300.00 to $425.00 in a research note on Thursday, October 30th. Finally, Citigroup reissued a “market outperform” rating on shares of Coinbase Global in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $383.54.

Coinbase Global News Summary

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

• Positive Sentiment: Coinbase rolled out stock trading, Kalshi-powered prediction markets, derivatives and tokenization features as part of an “everything exchange” strategy—this materially broadens addressable market and revenue streams. Reuters: Coinbase pushes into stock trading
• Positive Sentiment: Launched “Coinbase Custom Stablecoins” to help businesses issue dollar-backed tokens (and a separate Klarna collaboration to enable USDC funding), which could create recurring institutional fees and custody revenue. PYMNTS: Coinbase launches stablecoin-as-a-service
• Positive Sentiment: Klarna partnership to introduce USDC funding options expands payment rails and brings potential customer flow from a major fintech partner. TipRanks: Klarna partners with Coinbase
• Positive Sentiment: Base app launched in 140+ countries and TRON integration with Base enables broader token access on Coinbase’s Layer 2, supporting user growth and on‑chain activity. Bitcoin.com: Base app goes live Newsfile: TRON integrates with Base
• Neutral Sentiment: Deutsche Bank initiated coverage with a buy and BTIG reaffirmed a buy and high price target—supportive analyst views but not immediate fundamental change. MSN: Deutsche Bank initiates coverage
• Negative Sentiment: Coinbase filed lawsuits in Michigan, Illinois and Connecticut challenging state attempts to block prediction markets—this defends the new business line but creates near-term legal and regulatory uncertainty. PYMNTS: Coinbase files lawsuits
• Negative Sentiment: An 800,000 BTC wallet restructuring by Coinbase distorted on‑chain UTXO metrics and led some outlets to report misleading selling activity—this spurred short‑term market noise and scrutiny. Blockonomi: Wallet restructuring distorted data
• Negative Sentiment: Insider selling by CFO Alesia Haas was disclosed (recent Form 4 filings), and a shareholder outreach notice from Halper Sadeh suggests potential investor litigation—both can weigh on sentiment. SEC Form 4: Insider sale GlobeNewswire: Halper Sadeh notice

Coinbase Global Trading Up 2.5%

The firm has a 50-day moving average price of $293.75 and a 200-day moving average price of $318.03. The company has a current ratio of 2.40, a quick ratio of 2.40 and a debt-to-equity ratio of 0.37. The stock has a market capitalization of $66.09 billion, a PE ratio of 21.20 and a beta of 3.69.

Coinbase Global (NASDAQ:COIN) last posted its quarterly earnings results on Thursday, October 30th. The cryptocurrency exchange reported $1.44 earnings per share for the quarter, beating the consensus estimate of $1.04 by $0.40. The company had revenue of $1.87 billion during the quarter, compared to analyst estimates of $1.77 billion. Coinbase Global had a net margin of 41.99% and a return on equity of 15.70%. The firm’s revenue for the quarter was up 55.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.28 earnings per share. As a group, equities analysts forecast that Coinbase Global, Inc. will post 7.22 EPS for the current fiscal year.

Institutional Investors Weigh In On Coinbase Global

Several large investors have recently modified their holdings of the stock. Brooklyn Investment Group lifted its stake in Coinbase Global by 7.1% in the first quarter. Brooklyn Investment Group now owns 720 shares of the cryptocurrency exchange’s stock valued at $124,000 after purchasing an additional 48 shares during the last quarter. Northern Trust Corp raised its stake in shares of Coinbase Global by 0.6% in the first quarter. Northern Trust Corp now owns 1,302,433 shares of the cryptocurrency exchange’s stock valued at $224,318,000 after buying an additional 7,675 shares during the period. BI Asset Management Fondsmaeglerselskab A S lifted its position in shares of Coinbase Global by 3.9% during the 1st quarter. BI Asset Management Fondsmaeglerselskab A S now owns 9,468 shares of the cryptocurrency exchange’s stock valued at $1,631,000 after buying an additional 354 shares during the last quarter. Dorsey & Whitney Trust CO LLC purchased a new position in shares of Coinbase Global during the 1st quarter valued at $268,000. Finally, Candriam S.C.A. grew its stake in shares of Coinbase Global by 70.8% during the 1st quarter. Candriam S.C.A. now owns 21,528 shares of the cryptocurrency exchange’s stock worth $3,708,000 after acquiring an additional 8,925 shares during the period. Hedge funds and other institutional investors own 68.84% of the company’s 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.