Chokshi & Queen Wealth Advisors Inc Reduces Stock Holdings in Coinbase Global, Inc. $COIN

Chokshi & Queen Wealth Advisors Inc lowered its holdings in Coinbase Global, Inc. (NASDAQ:COIN) by 51.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,035 shares of the cryptocurrency exchange’s stock after selling 4,200 shares during the quarter. Coinbase Global accounts for 0.7% of Chokshi & Queen Wealth Advisors Inc’s holdings, making the stock its 18th biggest position. Chokshi & Queen Wealth Advisors Inc’s holdings in Coinbase Global were worth $1,362,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Cadent Capital Advisors LLC raised its stake in shares of Coinbase Global by 1.0% during the 2nd quarter. Cadent Capital Advisors LLC now owns 3,162 shares of the cryptocurrency exchange’s stock valued at $1,108,000 after buying an additional 30 shares during the last quarter. Ameriflex Group Inc. grew its holdings in Coinbase Global by 20.0% during the second quarter. Ameriflex Group Inc. now owns 180 shares of the cryptocurrency exchange’s stock worth $68,000 after acquiring an additional 30 shares during the period. Capital Advisors Wealth Management LLC raised its position in Coinbase Global by 2.0% during the third quarter. Capital Advisors Wealth Management LLC now owns 1,549 shares of the cryptocurrency exchange’s stock valued at $523,000 after acquiring an additional 30 shares in the last quarter. Elevation Wealth Partners LLC raised its position in Coinbase Global by 37.6% during the third quarter. Elevation Wealth Partners LLC now owns 117 shares of the cryptocurrency exchange’s stock valued at $39,000 after acquiring an additional 32 shares in the last quarter. Finally, Pettinga Financial Advisors LLC lifted its holdings in Coinbase Global by 2.6% in the second quarter. Pettinga Financial Advisors LLC now owns 1,321 shares of the cryptocurrency exchange’s stock valued at $463,000 after acquiring an additional 34 shares during the period. 68.84% of the stock is currently owned by institutional investors and hedge funds.

Coinbase Global Stock Down 1.8%

COIN opened at $245.93 on Thursday. The company has a market cap of $66.31 billion, a PE ratio of 21.27 and a beta of 3.70. Coinbase Global, Inc. has a twelve month low of $142.58 and a twelve month high of $444.64. The company has a 50-day moving average price of $267.08 and a 200 day moving average price of $316.35. The company has a quick ratio of 2.40, a current ratio of 2.40 and a debt-to-equity ratio of 0.37.

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

Coinbase Global News Summary

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

• Positive Sentiment: Major analyst support: Bernstein reiterated a Buy on COIN and Monness issued a Buy as well, providing fresh buy-side signals that can support demand for the stock. Read More.
• Positive Sentiment: Goldman Sachs upgrade (from neutral to buy) and a $303 PT helped spark a near-term rally by highlighting Coinbase’s growing infrastructure revenue mix — a structural growth narrative analysts are rewarding. Read More.
• Positive Sentiment: Corporate milestones: Coinbase’s entry into the S&P 500, a string of acquisitions (including Deribit), MiCA approval in Europe and the SEC’s voluntary dismissal of its case are material credibility and scale wins that reduce regulatory overhang and expand addressable markets. Read More.
• Neutral Sentiment: Business expansion debate: Coverage notes Coinbase and Gemini expanding beyond crypto into stocks, payments, prediction markets and stablecoins — a strategic positive long term but one that creates mixed near-term investor expectations about focus and margin mix. Read More.
• Neutral Sentiment: Company roadmap: Coinbase has shared aggressive 2026 priorities to combine crypto, equities, payments and on‑chain tools into a single app — this signals long-term ambition but raises execution risk that investors will monitor. Read More.
• Neutral Sentiment: Technical/security research: Coinbase analysts flagged quantum‑computing risks to Bitcoin (and by extension crypto markets), a topical research call that could influence risk perceptions but is a longer‑term structural issue. Read More.
• Negative Sentiment: Insider selling: CEO Brian Armstrong sold 40,000 shares (~$10M) and director Frederick Ehrsam sold 1,375 shares on Jan 5; large insider sales often trigger short‑term selling pressure and investor scrutiny. Read More. Read More.
• Negative Sentiment: Technical and market headwinds: Analysts/technicals are warning of a death cross and lingering bear‑market patterns after bitcoin gave back 2025 gains — technicals can amplify near‑term downside in a high‑beta name like COIN. Read More.
• Negative Sentiment: Regional operational/regulatory friction: Coinbase paused fiat rails in Argentina and faces regulatory blocks in some markets; such local disruptions can dent growth expectations and revenue visibility. Read More.

Insider Transactions at Coinbase Global

In related news, Director Frederick Ernest Ehrsam III sold 1,375 shares of the stock in a transaction on Monday, January 5th. The stock was sold at an average price of $250.03, for a total value of $343,791.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Brian Armstrong sold 40,000 shares of Coinbase Global stock in a transaction on Monday, January 5th. The stock was sold at an average price of $248.96, for a total transaction of $9,958,400.00. The SEC filing for this sale provides additional information. Insiders have sold a total of 839,554 shares of company stock valued at $248,795,837 over the last ninety days. Company insiders own 16.56% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Erste Group Bank cut shares of Coinbase Global from a “buy” rating to a “hold” rating in a research note on Thursday, November 20th. Redburn Partners set a $417.00 price objective on shares of Coinbase Global in a report on Friday, October 3rd. Monness Crespi & Hardt raised shares of Coinbase Global from a “neutral” rating to a “buy” rating and set a $375.00 target price on the stock in a research note on Monday, November 10th. Barclays dropped their target price on Coinbase Global from $357.00 to $291.00 and set an “equal weight” rating on the stock in a research report on Friday, December 12th. Finally, Argus reaffirmed a “hold” rating on shares of Coinbase Global in a report on Tuesday, November 25th. One analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $377.84.

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.