E. Ohman J or Asset Management AB Makes New Investment in Coinbase Global, Inc. $COIN

E. Ohman J or Asset Management AB bought a new stake in Coinbase Global, Inc. (NASDAQ:COIN) during the 4th quarter, Holdings Channel reports. The firm bought 5,072 shares of the cryptocurrency exchange’s stock, valued at approximately $1,147,000.

Other hedge funds have also made changes to their positions in the company. REAP Financial Group LLC acquired a new stake in shares of Coinbase Global during the 3rd quarter worth approximately $25,000. Palisade Asset Management LLC acquired a new position in Coinbase Global in the third quarter valued at approximately $29,000. Salomon & Ludwin LLC grew its position in Coinbase Global by 4,400.0% in the third quarter. Salomon & Ludwin LLC now owns 90 shares of the cryptocurrency exchange’s stock worth $30,000 after acquiring an additional 88 shares during the period. Foster Dykema Cabot & Partners LLC purchased a new position in Coinbase Global in the third quarter worth approximately $35,000. Finally, Cloud Capital Management LLC acquired a new stake in Coinbase Global during the third quarter worth $36,000. Hedge funds and other institutional investors own 68.84% of the company’s stock.

Coinbase Global Trading Up 0.0%

COIN opened at $181.10 on Thursday. Coinbase Global, Inc. has a 52 week low of $139.36 and a 52 week high of $444.64. The business has a fifty day simple moving average of $190.34 and a 200-day simple moving average of $259.13. The firm has a market cap of $47.82 billion, a P/E ratio of 41.25, a P/E/G ratio of 3.13 and a beta of 3.70. 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 earnings per share for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.17). The firm had revenue of $1.78 billion during the quarter, compared to analyst estimates of $1.86 billion. Coinbase Global had a net margin of 17.55% and a return on equity of 8.68%. The company’s quarterly revenue was down 21.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $4.68 earnings per share. On average, equities analysts expect that Coinbase Global, Inc. will post 7.22 earnings per share for the current year.

Insider Activity at Coinbase Global

In other Coinbase Global news, Director Frederick Ernest Ehrsam III sold 2,750 shares of Coinbase Global stock in a transaction dated Wednesday, January 14th. The stock was sold at an average price of $260.09, for a total value of $715,247.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Alesia J. Haas sold 364,600 shares of the business’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $154.95, for a total transaction of $56,494,770.00. Following the sale, the chief financial officer owned 402,165 shares in the company, valued at $62,315,466.75. This trade represents a 47.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 438,120 shares of company stock worth $73,878,750 in the last three months. 16.56% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Weiss Ratings restated a “hold (c)” rating on shares of Coinbase Global in a research report on Friday, January 9th. Sanford C. Bernstein reissued an “outperform” rating and set a $440.00 price objective on shares of Coinbase Global in a research report on Tuesday, January 6th. Canaccord Genuity Group reduced their price objective on shares of Coinbase Global from $400.00 to $300.00 and set a “buy” rating on the stock in a report on Friday, February 13th. Citigroup decreased their target price on shares of Coinbase Global from $505.00 to $400.00 and set a “buy” rating on the stock in a research report on Friday, February 6th. Finally, Mizuho lowered their target price on shares of Coinbase Global from $280.00 to $170.00 and set a “neutral” rating for the company in a research note on Tuesday, February 17th. 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 company’s stock. According to MarketBeat, Coinbase Global has an average rating of “Hold” and a consensus target price of $272.31.

Trending Headlines about Coinbase Global

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

• Positive Sentiment: Coinbase expanded a strategic data partnership with Chainlink to stream institutional exchange data (order books, perp/futures, benchmarks) on‑chain via Chainlink DataLink — a product move that can broaden revenue channels, feed DeFi apps, and strengthen the Base ecosystem. Coinbase and Chainlink Bring Exchange Data Powering Billions In Trading Onchain For The First Time
• Neutral Sentiment: Coinbase co‑founder Fred Ehrsam was named to the White House advisory council on science & technology — positive for visibility and policymaker access but unlikely to change near‑term fundamentals. Trump advisory council draws Coinbase co-founder, tech leaders
• Negative Sentiment: The Senate’s revised CLARITY Act language would materially limit how exchanges distribute stablecoin yields (restrictions similar to banning bank‑like deposit products). That change directly threatens a fee/revenue opportunity for Coinbase and triggered investor selling across crypto stocks. The Bitcoin Coinbase Discount Is Back: History Says That Is Worth Watching
• Negative Sentiment: Coinbase reportedly told Senate offices it cannot support the latest CLARITY Act language — a sign that negotiations are fracturing and that regulatory risk for stablecoin services remains unresolved. That news was a proximate cause of the recent steep share decline. Coinbase again reportedly rejects support for CLARITY Act
• Negative Sentiment: Market reaction and analysis: Circle (USDC issuer) plunged on the CLARITY fears and Coinbase shares fell alongside it; analysts note the bill targets distribution of yield (which hurts Coinbase as a distributor) even if issuers’ reserve income remains. Expect near‑term volatility tied to legislative headlines. Circle plunged on CLARITY Act fears, but fundamentals unchanged — Bernstein
• Negative Sentiment: Weak US buying pressure signals (the negative Coinbase‑Binance premium) and uneven Bitcoin/ETH orderflow suggest U.S. retail/institutional demand is softer — a headwind for Coinbase’s core trading revenue if it persists. The Bitcoin Coinbase Discount Is Back: History Says That Is Worth Watching

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.