587,422 Shares in Coinbase Global, Inc. $COIN Purchased by Baillie Gifford & Co.

Baillie Gifford & Co. acquired a new stake in Coinbase Global, Inc. (NASDAQ:COIN) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 587,422 shares of the cryptocurrency exchange’s stock, valued at approximately $198,249,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Evelyn Partners Investment Management Europe Ltd boosted its holdings in shares of Coinbase Global by 92.3% in the second quarter. Evelyn Partners Investment Management Europe Ltd now owns 75 shares of the cryptocurrency exchange’s stock valued at $29,000 after purchasing an additional 36 shares during the period. Cullen Frost Bankers Inc. bought a new position in shares of Coinbase Global during the 2nd quarter worth $30,000. Salomon & Ludwin LLC increased its stake in shares of Coinbase Global by 4,400.0% during the third quarter. Salomon & Ludwin LLC now owns 90 shares of the cryptocurrency exchange’s stock valued at $30,000 after buying an additional 88 shares during the period. City State Bank bought a new stake in shares of Coinbase Global in the second quarter valued at about $33,000. Finally, Financial Gravity Companies Inc. purchased a new stake in Coinbase Global in the second quarter worth about $34,000. 68.84% of the stock is currently owned by institutional investors.

Coinbase Global News Summary

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

• Positive Sentiment: Launched an independent expert board to assess quantum‑computing threats and publish guidance — a proactive security move that reduces long-term systemic risk for Coinbase and crypto infrastructure. Coinbase forms board to assess quantum computing risks to blockchain
• Positive Sentiment: Coinbase says crypto entered 2026 with a healthier market structure — a messaging point that could support higher trading volumes and investor confidence if market conditions hold. Coinbase Says Crypto Enters 2026 With Healthier Market Structure
• Positive Sentiment: Announced support with Circle to create an on‑chain economy in Bermuda — a business development that could expand product reach and regulatory experimentation outside the U.S. Coinbase, Circle Announce Support To Create World’s First ‘On-Chain Economy’ For Bermuda
• Neutral Sentiment: CEO Brian Armstrong publicly debated central‑bank vs. Bitcoin roles at Davos — high profile but more reputational than immediately financial. Coinbase CEO Brian Armstrong spars with France’s Central Bank chief at Davos over yield and ‘bitcoin standard’
• Neutral Sentiment: Coverage comparing shorting mechanics across Binance, Coinbase and Robinhood — informative for traders but not a direct company catalyst. Shorting Crypto on Binance, Coinbase, and Robinhood Compared
• Neutral Sentiment: Coinbase exec clarified Bitcoin’s structural differences versus central banks — supports narrative positioning but limited immediate market impact. Coinbase Exec Points Out The Big Difference Between Bitcoin And Central Banks
• Negative Sentiment: Delay in a key crypto market‑structure bill triggered White House pushback after Coinbase’s intervention — prolongs regulatory uncertainty, which investors view as a near‑term headwind for U.S. crypto revenues and product rollout. Crypto Bill Delay Sparks White House Pushback After Coinbase Intervention
• Negative Sentiment: Analysis flags COIN’s recent share weakness (10.2% decline over five sessions) and questions resilience if markets fall — amplifies short‑term selling pressure amid geopolitical/regulatory concerns. If Markets Fall, How Resilient Is Coinbase Stock?
• Negative Sentiment: Senate committee delays the crypto market‑structure bill (competing priorities cited) — another sign regulatory clarity could be slower than investors hoped. Senate Banking Committee Delays Crypto Market Structure Bill Due to Housing Priorities

Insider Activity

In other Coinbase Global news, COO Emilie Choi sold 100,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $310.88, for a total transaction of $31,088,000.00. Following the transaction, the chief operating officer owned 187,802 shares in the company, valued at approximately $58,383,885.76. This represents a 34.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Frederick Ernest Ehrsam III sold 277,074 shares of the firm’s stock in a transaction on Thursday, November 6th. The stock was sold at an average price of $309.92, for a total transaction of $85,870,774.08. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 820,587 shares of company stock worth $240,717,580 over the last 90 days. 16.56% of the stock is currently owned by corporate insiders.

Coinbase Global Price Performance

NASDAQ COIN opened at $216.95 on Friday. The firm’s fifty day simple moving average is $249.62 and its two-hundred day simple moving average is $307.28. The firm has a market capitalization of $58.50 billion, a P/E ratio of 18.77 and a beta of 3.70. The company has a current ratio of 2.40, a quick ratio of 2.40 and a debt-to-equity ratio of 0.37. Coinbase Global, Inc. has a 12-month low of $142.58 and a 12-month high of $444.64.

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

Wall Street Analyst Weigh In

A number of research firms have commented on COIN. BTIG Research reissued a “buy” rating and set a $420.00 target price on shares of Coinbase Global in a research report on Thursday, December 18th. Rothschild Redb upgraded shares of Coinbase Global from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 3rd. HC Wainwright raised shares of Coinbase Global from a “sell” rating to a “buy” rating and boosted their price objective for the stock from $300.00 to $425.00 in a research note on Thursday, October 30th. Deutsche Bank Aktiengesellschaft started coverage on Coinbase Global in a report on Wednesday, December 17th. They set a “buy” rating and a $340.00 target price for the company. Finally, Rosenblatt Securities lifted their price target on Coinbase Global from $450.00 to $470.00 in a report on Friday, October 31st. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $362.92.

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.