Jones Financial Companies Lllp Raises Holdings in Coinbase Global, Inc. $COIN

Jones Financial Companies Lllp increased its holdings in Coinbase Global, Inc. (NASDAQ:COIN) by 301.1% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,072 shares of the cryptocurrency exchange’s stock after buying an additional 7,561 shares during the period. Jones Financial Companies Lllp’s holdings in Coinbase Global were worth $3,148,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. AXS Investments LLC raised its position in shares of Coinbase Global by 4.2% in the 3rd quarter. AXS Investments LLC now owns 3,111 shares of the cryptocurrency exchange’s stock worth $1,050,000 after acquiring an additional 126 shares in the last quarter. Mediolanum International Funds Ltd grew its stake in Coinbase Global by 207.8% in the third quarter. Mediolanum International Funds Ltd now owns 12,984 shares of the cryptocurrency exchange’s stock valued at $4,337,000 after purchasing an additional 8,765 shares during the last quarter. Mutual Advisors LLC grew its stake in Coinbase Global by 251.1% in the third quarter. Mutual Advisors LLC now owns 9,810 shares of the cryptocurrency exchange’s stock valued at $3,166,000 after purchasing an additional 7,016 shares during the last quarter. UMB Bank n.a. raised its holdings in Coinbase Global by 541.6% in the third quarter. UMB Bank n.a. now owns 1,418 shares of the cryptocurrency exchange’s stock worth $479,000 after purchasing an additional 1,197 shares in the last quarter. Finally, Independent Advisor Alliance lifted its position in shares of Coinbase Global by 4.9% during the third quarter. Independent Advisor Alliance now owns 8,498 shares of the cryptocurrency exchange’s stock valued at $2,868,000 after buying an additional 394 shares during the last quarter. Institutional investors own 68.84% of the company’s stock.

Coinbase Global News Summary

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

• Positive Sentiment: Nevada regulators failed to get an immediate court order to stop Coinbase’s prediction markets, giving the company a short-term legal win and time to press its CFTC preemption defense. Cointelegraph — Nevada loses bid to halt Coinbase prediction markets
• Positive Sentiment: Coinbase officially launched Coinbase Predict across all 50 U.S. states — a product expansion that opens a new revenue stream beyond spot trading (partnership with Kalshi; regulatory path via Coinbase Financial Markets). The Merkle — Coinbase launches prediction market platform
• Positive Sentiment: Multiple analysts continue to express confidence in Coinbase’s growth prospects while flagging volume pressure — analyst commentary can cushion downside and support valuation in volatile crypto markets. Benzinga — Demystifying Coinbase: insights from 12 analyst reviews
• Neutral Sentiment: Data on short interest in early February appears anomalous/blank in the feed and shows no actionable change (watch official exchanges for accurate updates).
• Neutral Sentiment: Mixed ARK activity: small reported buys were offset by larger disclosed sells in separate filings — this creates headline volatility but ARK flows have been choppy and not a single directional driver. Blockonomi — Cathie Wood buys Coinbase & Circle during decline
• Neutral Sentiment: Market narrative explaining today’s uptick: coverage notes COIN is rallying intraday despite reported ARK sells — short-term technical/dip-buying dynamics may be in play. TipRanks — Why COIN is rising despite ARK dump
• Negative Sentiment: ARK Invest disclosed a ~$17M sale of Coinbase stock in recent filings — an institutional seller of this size adds downward pressure and fuels headline risk. Cointelegraph — ARK dumps $17M in Coinbase stock
• Negative Sentiment: Options flow shows unusually large put buying (roughly 524k puts), indicating traders are hedging or speculating on downside — puts at this scale typically increase near-term volatility.
• Negative Sentiment: The “Coinbase Premium” metric has fallen to yearly lows, signaling U.S. institutional selling of Bitcoin — weaker institutional demand for BTC pressures Coinbase’s trading volume and revenue. Cointelegraph — Coinbase premium hits yearly low
• Negative Sentiment: Analyst previews and coverage expect flat Q4 revenue / lower earnings headwinds ahead of earnings season, which keeps downside risk for shares if results miss. Zacks — COIN Q4 earnings expected to decline
• Negative Sentiment: Newly disclosed documents linking Jeffrey Epstein to early crypto figures (including mentions of early Coinbase investment connections) are a reputational/legal overhang that could attract media and regulatory scrutiny. Fortune — Epstein’s crypto ties and early Coinbase mentions

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. Needham & Company LLC cut their price objective on shares of Coinbase Global from $400.00 to $290.00 and set a “buy” rating on the stock in a research report on Monday, December 29th. Sanford C. Bernstein restated an “outperform” rating and issued a $440.00 target price on shares of Coinbase Global in a research note on Tuesday, January 6th. Mizuho set a $280.00 price target on shares of Coinbase Global in a report on Tuesday, December 16th. Piper Sandler decreased their price objective on Coinbase Global from $350.00 to $270.00 and set a “neutral” rating for the company in a report on Wednesday, January 14th. Finally, Wall Street Zen cut Coinbase Global from a “hold” rating to a “sell” rating in a research report on Saturday, November 22nd. Twenty investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $348.08.

Coinbase Global Price Performance

NASDAQ COIN opened at $165.12 on Friday. The company has a market cap of $44.52 billion, a price-to-earnings ratio of 14.28 and a beta of 3.70. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.40 and a quick ratio of 2.40. The stock’s fifty day moving average price is $235.59 and its 200 day moving average price is $292.23. Coinbase Global, Inc. has a 1 year low of $142.58 and a 1 year high of $444.64.

Insider Transactions at Coinbase Global

In other Coinbase Global news, Director Frederick Ernest Ehrsam III sold 55,688 shares of Coinbase Global stock in a transaction that occurred on Monday, November 10th. The shares were sold at an average price of $321.81, for a total transaction of $17,920,955.28. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Emilie Choi sold 100,000 shares of the company’s stock in a transaction 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 completion of 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 ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 488,586 shares of company stock valued at $137,640,636. 16.56% of the stock is owned by company insiders.

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.