Artisan Partners Limited Partnership Takes $224.66 Million Position in Coinbase Global, Inc. $COIN

Artisan Partners Limited Partnership acquired a new position in shares of Coinbase Global, Inc. (NASDAQ:COIN) in the 3rd quarter, Holdings Channel reports. The fund acquired 665,688 shares of the cryptocurrency exchange’s stock, valued at approximately $224,663,000.

A number of other institutional investors and hedge funds have also bought and sold shares of COIN. Bessemer Group Inc. raised its position in shares of Coinbase Global by 672.2% during 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 bought a new position in Coinbase Global in the second quarter valued at $360,000. Vanguard Group Inc. increased its stake in Coinbase Global by 8.3% in the third quarter. Vanguard Group Inc. now owns 26,216,793 shares of the cryptocurrency exchange’s stock valued at $8,847,905,000 after acquiring an additional 2,007,930 shares during the last quarter. Atria Investments Inc purchased a new stake in Coinbase Global during the second quarter valued at about $1,137,000. Finally, AEGON ASSET MANAGEMENT UK Plc purchased a new stake in Coinbase Global during the third quarter valued at about $14,491,000. 68.84% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Coinbase Global news, Director Frederick Ernest Ehrsam III sold 1,375 shares of the company’s stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $250.27, for a total transaction of $344,121.25. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Alesia J. Haas sold 364,600 shares of the stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $154.95, for a total value of $56,494,770.00. Following the completion of the transaction, the chief financial officer directly owned 402,165 shares of the company’s stock, valued at $62,315,466.75. This represents a 47.55% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 513,775 shares of company stock worth $95,046,092 over the last three months. Company insiders own 16.56% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently commented on COIN. Benchmark reduced their price objective on Coinbase Global from $421.00 to $267.00 and set a “buy” rating on the stock in a research report on Friday, February 13th. Deutsche Bank Aktiengesellschaft set a $250.00 target price on Coinbase Global in a research note on Friday, February 13th. China Renaissance reduced their price target on shares of Coinbase Global from $301.50 to $223.20 and set a “buy” rating on the stock in a research report on Monday. Monness Crespi & Hardt lowered shares of Coinbase Global from a “hold” rating to a “sell” rating in a report on Monday. Finally, Oppenheimer cut their price objective on shares of Coinbase Global from $381.00 to $370.00 and set an “outperform” rating for the company in a research note on Monday, January 12th. Nineteen investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $270.67.

Coinbase Global Stock Performance

NASDAQ:COIN opened at $181.06 on Friday. The stock has a market cap of $47.81 billion, a P/E ratio of 41.24, a price-to-earnings-growth ratio of 2.64 and a beta of 3.70. The firm’s fifty day simple moving average is $207.88 and its 200 day simple moving average is $274.64. Coinbase Global, Inc. has a twelve month low of $139.36 and a twelve month high of $444.64. The company has a quick ratio of 2.34, a current ratio of 2.34 and a debt-to-equity ratio of 0.40.

Coinbase Global (NASDAQ:COIN) last issued its quarterly earnings data on Thursday, February 12th. The cryptocurrency exchange reported $0.66 EPS for the quarter, missing the consensus estimate of $0.83 by ($0.17). The company had revenue of $1.78 billion during the quarter, compared to the consensus estimate of $1.86 billion. Coinbase Global had a return on equity of 8.68% and a net margin of 17.55%.The firm’s revenue for the quarter was down 21.6% compared to the same quarter last year. During the same quarter last year, the company posted $4.68 earnings per share. As a group, research analysts predict that Coinbase Global, Inc. will post 7.22 EPS for the current year.

Coinbase Global News Roundup

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

• Positive Sentiment: Company launched U.S. stock and ETF trading (24/5 availability) as part of its “Everything Exchange” push, widening addressable revenue beyond crypto and drawing an immediate market reaction. Coinbase Expands Into Stocks, Targets ‘Everything Exchange’
• Positive Sentiment: Coinbase rolled out a unified stock + ETF trading product positioning to reach a much larger user base — a strategic diversification that could stabilize fee revenue over time if adoption scales. Coinbase Launches Unified Stock and ETF Trading to Empower One Billion Users
• Positive Sentiment: Legal team pushing back publicly on state actions around prediction markets, signaling an active defense of new product lines and a bid to limit state-level regulatory risk. That defense can reduce execution risk if it gains traction. Coinbase litigation head challenges state “gaslighting” over prediction markets
• Neutral Sentiment: Management will present at the Morgan Stanley TMT conference — a forum where executives often provide color on product rollout progress and monetization timelines; useful for investors seeking execution updates. Coinbase to Participate in Morgan Stanley Technology, Media, and Telecom Conference
• Neutral Sentiment: Coinbase research and public commentary on Bitcoin price bands (key levels ~ $60k and $82k) is shaping trader flow and platform volumes — BTC moves remain a major short-term volume driver for COIN but are not a new risk. Is Bitcoin The Poor Man’s Hedge Against Inflation? Coinbase CEO Thinks So
• Negative Sentiment: Analysts cut price targets this week (President Capital to $236; China Renaissance to $223.20), trimming upside and likely contributing to today’s pullback despite the product news. President Capital Adjusts Price Target on Coinbase Global to $236 from $472, Maintains Buy Rating China Renaissance Lowers Coinbase Global Price Target to $223.20
• Negative Sentiment: Ongoing regulatory uncertainty (CLARITY Act timing and state actions) and the possibility of slower-than-expected monetization of new equity products keep risk-premium elevated for the stock. Coinbase Stock Struggles Amid Gloomy Odds For Clarity Act; Is Coinbase Stock A Sell Now?

Coinbase Global 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.