Corient Private Wealth LLC Grows Stock Holdings in Coinbase Global, Inc. $COIN

Corient Private Wealth LLC grew its position in Coinbase Global, Inc. (NASDAQ:COIN) by 30.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,923 shares of the cryptocurrency exchange’s stock after buying an additional 2,980 shares during the quarter. Corient Private Wealth LLC’s holdings in Coinbase Global were worth $4,529,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Bessemer Group Inc. boosted its holdings in shares of Coinbase Global by 672.2% in the 2nd quarter. Bessemer Group Inc. now owns 1,166 shares of the cryptocurrency exchange’s stock valued at $408,000 after buying an additional 1,015 shares in the last quarter. SP Asset Management LLC acquired a new stake in shares of Coinbase Global during the second quarter worth about $360,000. Kera Capital Partners Inc. increased its position in shares of Coinbase Global by 3.0% during the second quarter. Kera Capital Partners Inc. now owns 36,960 shares of the cryptocurrency exchange’s stock worth $12,954,000 after purchasing an additional 1,085 shares in the last quarter. Parallel Advisors LLC lifted its holdings in shares of Coinbase Global by 102.6% in the 2nd quarter. Parallel Advisors LLC now owns 10,665 shares of the cryptocurrency exchange’s stock valued at $3,738,000 after purchasing an additional 5,402 shares during the last quarter. Finally, New York Life Investment Management LLC boosted its position in shares of Coinbase Global by 890.8% in the 2nd quarter. New York Life Investment Management LLC now owns 31,479 shares of the cryptocurrency exchange’s stock valued at $11,033,000 after purchasing an additional 28,302 shares during the period. Institutional investors and hedge funds own 68.84% of the company’s stock.

Insider Buying and Selling at Coinbase Global

In other news, Director Frederick Ernest Ehrsam III sold 277,074 shares of Coinbase Global stock in a transaction that occurred on Thursday, November 6th. The shares were sold at an average price of $309.92, for a total transaction of $85,870,774.08. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Emilie Choi sold 100,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $310.88, for a total value of $31,088,000.00. Following the sale, the chief operating officer directly owned 187,802 shares in the company, valued at $58,383,885.76. This trade represents a 34.75% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 791,804 shares of company stock valued at $240,485,568. Corporate insiders own 16.56% of the company’s stock.

Wall Street Analyst Weigh In

COIN has been the subject of several research reports. Compass Point set a $230.00 price target on shares of Coinbase Global in a research report on Monday, December 15th. Mizuho set a $280.00 target price on shares of Coinbase Global in a research note on Tuesday. Rothschild & Co Redburn dropped their price target on Coinbase Global from $417.00 to $404.00 and set a “buy” rating on the stock in a research report on Friday, November 28th. Barclays decreased their price objective on Coinbase Global from $357.00 to $291.00 and set an “equal weight” rating for the company in a research report on Friday, December 12th. Finally, Wall Street Zen downgraded Coinbase Global from a “hold” rating to a “sell” rating in a research note on Saturday, November 22nd. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $383.54.

Key Headlines Impacting Coinbase Global

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 Price Performance

Shares of NASDAQ COIN opened at $245.12 on Friday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.40 and a current ratio of 2.40. Coinbase Global, Inc. has a one year low of $142.58 and a one year high of $444.64. The firm has a market capitalization of $66.09 billion, a P/E ratio of 21.20 and a beta of 3.69. The company’s fifty day moving average is $293.75 and its two-hundred day moving average is $318.45.

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

About Coinbase Global

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.