Allspring Global Investments Holdings LLC Has $47.06 Million Stake in Coinbase Global, Inc. $COIN

Allspring Global Investments Holdings LLC decreased its position in Coinbase Global, Inc. (NASDAQ:COIN) by 14.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 198,947 shares of the cryptocurrency exchange’s stock after selling 32,681 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Coinbase Global were worth $47,057,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its position in shares of Coinbase Global by 8.3% in the third quarter. Vanguard Group Inc. now owns 26,216,793 shares of the cryptocurrency exchange’s stock worth $8,847,905,000 after buying an additional 2,007,930 shares during the last quarter. AEGON ASSET MANAGEMENT UK Plc bought a new stake in shares of Coinbase Global during the 3rd quarter worth about $14,491,000. FengHe Fund Management Pte. Ltd. increased its holdings in shares of Coinbase Global by 119.1% during the 3rd quarter. FengHe Fund Management Pte. Ltd. now owns 69,900 shares of the cryptocurrency exchange’s stock valued at $23,591,000 after acquiring an additional 38,000 shares during the last quarter. Liontrust Investment Partners LLP raised its stake in shares of Coinbase Global by 73.1% in the 2nd quarter. Liontrust Investment Partners LLP now owns 83,058 shares of the cryptocurrency exchange’s stock valued at $29,111,000 after acquiring an additional 35,068 shares in the last quarter. Finally, Artisan Partners Limited Partnership bought a new position in shares of Coinbase Global in the 3rd quarter valued at approximately $224,663,000. Institutional investors and hedge funds own 68.84% of the company’s stock.

Insider Activity at Coinbase Global

In other Coinbase Global news, CFO Alesia J. Haas sold 364,600 shares of the stock in a transaction on Friday, February 6th. The shares were sold at an average price of $154.95, for a total value of $56,494,770.00. Following the completion of the sale, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Frederick Ernest Ehrsam III sold 2,750 shares of the firm’s stock in a transaction on Wednesday, January 14th. The stock was sold at an average price of $260.09, for a total transaction of $715,247.50. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 438,120 shares of company stock worth $73,878,750 in the last ninety days. 16.56% of the stock is currently owned by insiders.

Coinbase Global Stock Performance

Shares of NASDAQ COIN opened at $172.99 on Thursday. The company has a quick ratio of 2.34, a current ratio of 2.34 and a debt-to-equity ratio of 0.40. The business’s 50 day moving average is $183.67 and its two-hundred day moving average is $253.95. The company has a market cap of $45.68 billion, a P/E ratio of 39.41, a P/E/G ratio of 3.02 and a beta of 3.60. Coinbase Global, Inc. has a 12 month low of $139.36 and a 12 month high of $444.64.

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

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on COIN. Zacks Research cut Coinbase Global from a “hold” rating to a “strong sell” rating in a research report on Tuesday, February 17th. Oppenheimer dropped their price target on shares of Coinbase Global from $381.00 to $370.00 and set an “outperform” rating on the stock in a research report on Monday, January 12th. Sanford C. Bernstein reduced their price objective on shares of Coinbase Global from $440.00 to $330.00 and set an “outperform” rating for the company in a research note on Monday. Barclays decreased their price objective on shares of Coinbase Global from $258.00 to $148.00 and set an “equal weight” rating for the company in a report on Friday, February 13th. Finally, China Renaissance dropped their target price on shares of Coinbase Global from $301.50 to $223.20 and set a “buy” rating on the stock in a report on Monday, February 23rd. Nineteen equities research 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. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $266.97.

Key Coinbase Global News

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

• Positive Sentiment: Base roadmap: Coinbase’s Layer‑2 (Base) is prioritizing markets, stablecoins, faster settlement and support for AI agents — moves that could expand on‑chain revenue (trading, payment rails, developer activity) over time. Base joins Ethereum, Tron, others in betting big on AI agent future
• Positive Sentiment: Industry structural tailwind: reporting suggests crypto firms are getting permission to trade tokenized stocks and push into TradFi rails — a potential new product/volume growth avenue for Coinbase if regulatory clarity persists. Crypto Is Getting Closer to Upending The Stock Market. The Next Battle Comes Soon.
• Neutral Sentiment: Analyst action: Robert W. Baird trimmed its price target on COIN from $215 to $200 but kept a “neutral” rating — a modest negative signal on near‑term upside but not a sell verdict. Baird adjusts Coinbase Global price target to $200
• Neutral Sentiment: Media/market noise: Jim Cramer suggested buying Bitcoin rather than Coinbase, producing short‑term chatter and a small stock bounce — headline-driven moves that can amplify volatility but don’t alter fundamentals. Coinbase stock up slightly after Jim Cramer
• Neutral Sentiment: Ecosystem spinouts: ex‑Stripe/Coinbase engineers raised $8M for Latitude (stablecoin‑based global payouts) — signals of ecosystem innovation that could both complement and compete with parts of Coinbase’s payments ambitions. Former Stripe and Coinbase employees raise $8M for Latitude
• Negative Sentiment: Macro & crypto weakness: on‑chain analysts warn Bitcoin could fall toward its realized price (~$54k), whales have been moving BTC to exchanges, and institutional demand indicators (Coinbase Premium) have weakened — headwinds that reduce trading volumes and fee revenue for Coinbase. Bitcoin Below $54K Would Signal Best Accumulation Zone
• Negative Sentiment: Technical/valuation caution: several commentators call the recent COIN rebound a potential “bull trap” tied to macro headlines rather than improving fundamentals; combined with Coinbase’s recent earnings miss (lower EPS/revenue vs. expectations), this raises skepticism on near‑term multiple expansion. Coinbase stock price is rising: Here’s why this is a bull trap

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.