TB Alternative Assets Ltd. Sells 2,935 Shares of Coinbase Global, Inc. $COIN

TB Alternative Assets Ltd. cut its holdings in shares of Coinbase Global, Inc. (NASDAQ:COIN) by 2.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 114,051 shares of the cryptocurrency exchange’s stock after selling 2,935 shares during the period. Coinbase Global makes up about 5.8% of TB Alternative Assets Ltd.’s investment portfolio, making the stock its 6th largest holding. TB Alternative Assets Ltd.’s holdings in Coinbase Global were worth $38,491,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in COIN. Vanguard Group Inc. boosted its position in Coinbase Global by 25.5% during the 2nd quarter. Vanguard Group Inc. now owns 24,208,863 shares of the cryptocurrency exchange’s stock worth $8,484,964,000 after acquiring an additional 4,914,407 shares during the period. Geode Capital Management LLC raised its stake in shares of Coinbase Global by 46.1% during the second quarter. Geode Capital Management LLC now owns 5,559,513 shares of the cryptocurrency exchange’s stock valued at $1,940,805,000 after purchasing an additional 1,755,146 shares in the last quarter. Norges Bank acquired a new stake in Coinbase Global in the second quarter worth about $1,044,354,000. Amundi lifted its holdings in Coinbase Global by 44.1% in the first quarter. Amundi now owns 1,574,434 shares of the cryptocurrency exchange’s stock worth $268,850,000 after purchasing an additional 481,786 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its position in Coinbase Global by 53.0% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 1,455,916 shares of the cryptocurrency exchange’s stock valued at $510,284,000 after buying an additional 504,068 shares in the last quarter. 68.84% of the stock is owned by institutional investors.

Key Stores Impacting Coinbase Global

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

• Positive Sentiment: Analysts have an upbeat tilt: Coinbase received an average rating of “Moderate Buy,” which supports investor confidence and could underpin the stock if crypto volumes improve. Coinbase Global, Inc. (NASDAQ:COIN) Receives Average Rating of “Moderate Buy” from Analysts
• Positive Sentiment: Macro/strategy bullish case: a recent piece highlights tokenization and prediction markets as major long‑term growth drivers for Coinbase’s product expansion and fee pools — a narrative that can attract growth‑oriented investors. Predictions Markets and Tokenization are 2 Massive Growth Drivers for Coinbase Stock. Why It’s Time to Buy.
• Neutral Sentiment: Exchange comparison: an analysis comparing Coinbase to CME Group flags both firms pursuing exchange growth and new digital offerings. The piece is more strategic context than an immediate catalyst — useful for positioning but not a direct short‑term driver. Coinbase vs. CME Group: Which Exchange Platform is Faring Better?
• Neutral Sentiment: Market tone check: a sentiment/short‑interest roundup shows mixed positioning by investors — useful for gauging volatility risk but not a clear directional signal on its own. How Is The Market Feeling About Coinbase Global Inc?
• Negative Sentiment: Regulatory hit: the Philippines blocked Coinbase (and other platforms) in a broader crackdown — a direct regional access risk and reminder that regulatory actions can depress trading volumes and raise compliance costs. Philippines Blocks Coinbase, Gemini: 50 Platforms Hit in Major Regulatory Crackdown
• Negative Sentiment: Competitive pressure: Gemini has begun offering BNB trading/custody in the U.S., narrowing product gaps that Coinbase has on its listing roadmap — new rival listings can divert order flow and slow market‑share gains. Gemini Exchange Launches BNB Trading and Custody Services
• Negative Sentiment: Insider selling: Coinbase’s CEO disclosed a roughly $10.0M sale of company stock — an event investors often view as a short‑term negative signal even if motivated by personal liquidity needs. Coinbase Global (NASDAQ:COIN) CEO Sells $10,006,000.00 in Stock

Coinbase Global Price Performance

NASDAQ COIN opened at $236.90 on Friday. Coinbase Global, Inc. has a 1 year low of $142.58 and a 1 year high of $444.64. The business’s fifty day moving average is $283.87 and its two-hundred day moving average is $318.05. The stock has a market capitalization of $63.88 billion, a P/E ratio of 20.49 and a beta of 3.69. 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 (NASDAQ:COIN) last released its quarterly earnings data on Thursday, October 30th. The cryptocurrency exchange reported $1.44 earnings per share for the quarter, topping the consensus estimate of $1.04 by $0.40. The business had revenue of $1.87 billion during the quarter, compared to analyst estimates of $1.77 billion. Coinbase Global had a return on equity of 15.70% and a net margin of 41.99%.The company’s revenue was up 55.1% compared to the same quarter last year. During the same period last year, the company posted $0.28 EPS. On average, research analysts forecast that Coinbase Global, Inc. will post 7.22 earnings per share for the current fiscal year.

Insider Buying and Selling

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 value of $85,870,774.08. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Brian Armstrong sold 40,000 shares of the business’s stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $271.87, for a total transaction of $10,874,800.00. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 833,179 shares of company stock valued at $250,839,195. 16.56% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts have commented on COIN shares. Rosenblatt Securities boosted their price target on shares of Coinbase Global from $450.00 to $470.00 in a research report on Friday, October 31st. Monness Crespi & Hardt upgraded Coinbase Global from a “neutral” rating to a “buy” rating and set a $375.00 target price for the company in a research report on Monday, November 10th. Deutsche Bank Aktiengesellschaft started coverage on Coinbase Global in a research note on Wednesday, December 17th. They set a “buy” rating and a $340.00 price target for the company. Redburn Partners set a $417.00 price target on Coinbase Global in a research report on Friday, October 3rd. Finally, BTIG Research restated a “buy” rating and issued a $420.00 price objective on shares of Coinbase Global in a report on Thursday, December 18th. One equities research 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 issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $383.54.

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.