111,181 Shares in Coinbase Global, Inc. $COIN Purchased by Danske Bank A S

Danske Bank A S acquired a new position in shares of Coinbase Global, Inc. (NASDAQ:COIN) in the third quarter, Holdings Channel.com reports. The institutional investor acquired 111,181 shares of the cryptocurrency exchange’s stock, valued at approximately $37,522,000.

Several other institutional investors and hedge funds also recently bought and sold shares of COIN. Vanguard Group Inc. lifted its position in shares of Coinbase Global by 25.5% in the second quarter. Vanguard Group Inc. now owns 24,208,863 shares of the cryptocurrency exchange’s stock worth $8,484,964,000 after purchasing an additional 4,914,407 shares in the last quarter. Norges Bank acquired a new stake in shares of Coinbase Global during the second quarter worth approximately $1,044,354,000. Artisan Partners Limited Partnership purchased a new position in Coinbase Global during the third quarter valued at approximately $224,663,000. Baillie Gifford & Co. purchased a new position in Coinbase Global during the third quarter valued at approximately $198,249,000. Finally, Charles Schwab Investment Management Inc. increased its stake 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 during the period. Hedge funds and other institutional investors own 68.84% of the company’s stock.

Insider Activity

In other Coinbase Global news, Director Frederick Ernest Ehrsam III sold 2,750 shares of the stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $260.09, for a total transaction of $715,247.50. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Brian Armstrong sold 40,000 shares of the stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $248.96, for a total value of $9,958,400.00. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 478,120 shares of company stock valued at $83,884,750. Insiders own 16.56% of the company’s stock.

Key Headlines Impacting Coinbase Global

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

• Positive Sentiment: Coinbase’s x402 micropayments protocol was integrated into World’s new AgentKit, letting AI agents prove they are human‑backed and execute on‑chain micropayments—expands Coinbase’s developer, payments and AI-driven revenue opportunities beyond trading. Read More.
• Positive Sentiment: A Coinbase‑commissioned EY survey shows ~73% of institutions plan to increase crypto allocations and 74% expect price gains over 12 months—favors higher future ETP volume and regulated product demand on Coinbase’s platform. Read More.
• Positive Sentiment: Report that Coinbase is in talks (or eyeing) a large partnership with Bybit to scale derivatives and global reach—if credible, could materially expand Coinbase’s derivatives and international revenue. Read More.
• Neutral Sentiment: Analyst activity is mixed: Robert W. Baird raised its price target to $215 (from $165) but kept a “neutral” rating—provides some markup to fair value but not a buy endorsement. Read More.
• Neutral Sentiment: Coverage pieces highlight Coinbase’s “Everything Exchange” strategy and growing subscription/services revenue—positive narrative for long‑term diversification, but impact depends on execution and timelines. Read More.
• Negative Sentiment: Mastercard agreed to acquire stablecoin infrastructure firm BVNK for up to $1.8B after BVNK had reportedly been in talks with Coinbase (around $2B). Losing that deal may hurt Coinbase’s stablecoin/treasury expansion and is a near‑term competitive setback. Read More.
• Negative Sentiment: CFO Alesia Haas sold ~9,950 shares (~$2.0M)—insider sales can weigh on sentiment even if routine; the filing is public. Read More.
• Negative Sentiment: Zacks added COIN to a “Strong Sell” list—another negative signal that can pressure short‑term flows and sentiment. Read More.

Coinbase Global Stock Down 3.8%

Coinbase Global stock opened at $202.29 on Thursday. The company has a current ratio of 2.34, a quick ratio of 2.34 and a debt-to-equity ratio of 0.40. Coinbase Global, Inc. has a 1-year low of $139.36 and a 1-year high of $444.64. The firm’s fifty day simple moving average is $195.83 and its 200-day simple moving average is $263.00. The company has a market capitalization of $53.42 billion, a P/E ratio of 46.08, a P/E/G ratio of 3.70 and a beta of 3.70.

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

Analysts Set New Price Targets

A number of equities research analysts have issued reports on COIN shares. Monness Crespi & Hardt downgraded shares of Coinbase Global from a “hold” rating to a “sell” rating in a research report on Monday, February 23rd. Benchmark dropped their price target on shares of Coinbase Global from $421.00 to $267.00 and set a “buy” rating on the stock in a research note on Friday, February 13th. Wall Street Zen lowered Coinbase Global from a “hold” rating to a “sell” rating in a report on Saturday, November 22nd. Raymond James Financial reissued a “market perform” rating on shares of Coinbase Global in a research report on Thursday, January 8th. Finally, 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. Nineteen analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $272.17.

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.