Coinbase Global, Inc. $COIN Shares Purchased by Aptus Capital Advisors LLC

Aptus Capital Advisors LLC boosted its holdings in shares of Coinbase Global, Inc. (NASDAQ:COIN) by 1,832.4% in the fourth quarter, HoldingsChannel.com reports. The fund owned 23,343 shares of the cryptocurrency exchange’s stock after buying an additional 22,135 shares during the quarter. Aptus Capital Advisors LLC’s holdings in Coinbase Global were worth $5,279,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Palisade Asset Management LLC acquired a new position in Coinbase Global during the third quarter worth about $29,000. Foster Dykema Cabot & Partners LLC acquired a new position in shares of Coinbase Global in the third quarter valued at approximately $35,000. JPL Wealth Management LLC acquired a new position in shares of Coinbase Global in the third quarter valued at approximately $49,000. GW&K Investment Management LLC raised its position in shares of Coinbase Global by 32.2% in the third quarter. GW&K Investment Management LLC now owns 152 shares of the cryptocurrency exchange’s stock valued at $51,000 after buying an additional 37 shares during the last quarter. Finally, Y.D. More Investments Ltd acquired a new position in shares of Coinbase Global in the third quarter valued at approximately $57,000. Institutional investors and hedge funds own 68.84% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently issued reports on COIN. JPMorgan Chase & Co. boosted their target price on shares of Coinbase Global from $252.00 to $290.00 and gave the company an “overweight” rating in a report on Tuesday, May 5th. The Goldman Sachs Group boosted their target price on shares of Coinbase Global from $226.00 to $228.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Oppenheimer lowered their target price on shares of Coinbase Global from $227.00 to $224.00 in a report on Friday, May 8th. Cantor Fitzgerald boosted their target price on shares of Coinbase Global from $221.00 to $250.00 and gave the company an “overweight” rating in a report on Tuesday, April 21st. Finally, Compass Point restated a “sell” rating on shares of Coinbase Global in a report on Monday, June 1st. Eighteen research 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. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $250.23.

Trending Headlines about Coinbase Global

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

• Positive Sentiment: Bitcoin’s rebound has lifted crypto-linked stocks, and Coinbase tends to move closely with BTC because higher crypto prices often drive more trading activity and better market sentiment for the exchange. Coinbase jumps as bitcoin rebound lifts crypto-linked stocks; AI-agent product launch adds to bullish tone
• Positive Sentiment: Coinbase’s new “Coinbase for Agents” AI-driven trading and payments tool is helping support the bullish case by showing product innovation beyond its core exchange business. Coinbase (COIN) Stock Valuation After AI Agents Launch And New Trust Charter Approval
• Positive Sentiment: The company also received conditional U.S. approval for a national trust company charter, which could strengthen its regulatory standing and broaden future offerings. Coinbase (COIN) Stock Valuation After AI Agents Launch And New Trust Charter Approval
• Positive Sentiment: Analyst commentary remains mostly constructive, with recent coverage including multiple Buy ratings and a generally upbeat long-term thesis tied to Coinbase’s role as a leading “everything exchange.” Is Coinbase Global, Inc. (COIN) A Good Stock To Buy Now?
• Neutral Sentiment: Several articles focused on Coinbase’s strong correlation with Bitcoin and the broader prediction-market/crypto backdrop, reinforcing that the stock is highly sensitive to digital asset moves rather than company-specific news alone. Coinbase Stock and Bitcoin: Why COIN Tracks the Coin So Closely
• Neutral Sentiment: Ongoing discussions about quantum-risk warnings, custody considerations, and Bitcoin security are notable for investors, but these are longer-term themes rather than immediate catalysts for Coinbase’s business. Bitcoin Address Reuse Warning Puts Quantum Risk Back In Focus
• Negative Sentiment: Despite recent strength, some commentary notes COIN has still been under pressure year to date and remains well below recent highs, reflecting investor caution around valuation and crypto market volatility. Prediction: Coinbase Will Trade at This Price in 2027
• Negative Sentiment: Insider selling remains a concern, with recent reporting showing multiple executives and insiders have sold COIN shares rather than buying them. Coinbase jumps as bitcoin rebound lifts crypto-linked stocks; AI-agent product launch adds to bullish tone

Coinbase Global Price Performance

Shares of COIN stock opened at $169.62 on Tuesday. The company has a market capitalization of $44.69 billion, a PE ratio of 63.77, a price-to-earnings-growth ratio of 5.08 and a beta of 3.32. The firm has a fifty day simple moving average of $185.00 and a 200-day simple moving average of $203.34. The company has a current ratio of 2.14, a quick ratio of 2.14 and a debt-to-equity ratio of 0.44. Coinbase Global, Inc. has a twelve month low of $139.36 and a twelve month high of $444.64.

Coinbase Global (NASDAQ:COIN) last announced its earnings results on Thursday, May 7th. The cryptocurrency exchange reported ($1.49) earnings per share for the quarter, missing the consensus estimate of $0.06 by ($1.55). The firm had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.49 billion. Coinbase Global had a net margin of 12.20% and a return on equity of 4.16%. Coinbase Global’s revenue for the quarter was down 30.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.24 earnings per share. Equities research analysts anticipate that Coinbase Global, Inc. will post 1.93 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Frederick R. Wilson sold 10,000 shares of the company’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $181.54, for a total value of $1,815,400.00. Following the sale, the director directly owned 30,000 shares of the company’s stock, valued at $5,446,200. This represents a 25.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Lawrence J. Brock sold 6,616 shares of the company’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $189.01, for a total transaction of $1,250,490.16. Following the completion of the sale, the insider directly owned 517 shares in the company, valued at $97,718.17. This represents a 92.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 30,647 shares of company stock valued at $5,740,941. Corporate insiders own 16.66% of the company’s stock.

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.