Eurizon Capital SGR S.p.A. Acquires Shares of 70,105 Coinbase Global, Inc. $COIN

Posted by ABMN Staff on Jun 1st, 2026

Eurizon Capital SGR S.p.A. acquired a new stake in shares of Coinbase Global, Inc. (NASDAQ:COIN) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 70,105 shares of the cryptocurrency exchange’s stock, valued at approximately $15,860,000.

A number of other institutional investors have also modified their holdings of COIN. Integrated Wealth Concepts LLC raised its stake in shares of Coinbase Global by 24.2% during the 1st quarter. Integrated Wealth Concepts LLC now owns 2,119 shares of the cryptocurrency exchange’s stock valued at $365,000 after buying an additional 413 shares during the last quarter. Empowered Funds LLC raised its stake in shares of Coinbase Global by 25.8% during the 1st quarter. Empowered Funds LLC now owns 8,581 shares of the cryptocurrency exchange’s stock valued at $1,478,000 after buying an additional 1,761 shares during the last quarter. Focus Partners Wealth raised its stake in shares of Coinbase Global by 9.9% during the 1st quarter. Focus Partners Wealth now owns 5,202 shares of the cryptocurrency exchange’s stock valued at $896,000 after buying an additional 467 shares during the last quarter. Sivia Capital Partners LLC purchased a new position in shares of Coinbase Global during the 2nd quarter valued at about $285,000. Finally, Cerity Partners LLC raised its stake in shares of Coinbase Global by 8.6% during the 2nd quarter. Cerity Partners LLC now owns 17,694 shares of the cryptocurrency exchange’s stock valued at $6,203,000 after buying an additional 1,402 shares during the last quarter. Hedge funds and other institutional investors own 68.84% of the company’s stock.

Coinbase Global Price Performance

NASDAQ:COIN opened at $189.03 on Monday. Coinbase Global, Inc. has a 52 week low of $139.36 and a 52 week high of $444.64. The company has a quick ratio of 2.14, a current ratio of 2.14 and a debt-to-equity ratio of 0.44. The stock has a market capitalization of $49.80 billion, a PE ratio of 71.06, a price-to-earnings-growth ratio of 6.67 and a beta of 3.32. The stock’s 50-day moving average price is $188.59 and its 200-day moving average price is $211.43.

Coinbase Global (NASDAQ:COIN – Get Free Report) last posted its earnings results on Thursday, May 7th. The cryptocurrency exchange reported ($1.49) EPS for the quarter, missing analysts’ consensus estimates of $0.06 by ($1.55). Coinbase Global had a net margin of 12.20% and a return on equity of 4.16%. The business had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.49 billion. During the same quarter last year, the business earned $0.24 earnings per share. Coinbase Global’s revenue was down 30.5% on a year-over-year basis. As a group, equities analysts expect that Coinbase Global, Inc. will post 1.74 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Lawrence J. Brock sold 6,616 shares of Coinbase Global stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $189.01, for a total value of $1,250,490.16. Following the sale, the insider directly owned 517 shares in the company, valued at approximately $97,718.17. The trade was a 92.75% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Paul Grewal sold 1,960 shares of Coinbase Global stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $176.88, for a total value of $346,684.80. Following the completion of the sale, the insider owned 84,753 shares in the company, valued at approximately $14,991,110.64. The trade was a 2.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 38,566 shares of company stock worth $7,611,095. Insiders own 16.66% of the company’s stock.

Wall Street Analyst Weigh In

COIN has been the subject of a number of recent research reports. Citigroup reduced their price objective on Coinbase Global from $505.00 to $400.00 and set a “buy” rating for the company in a research note on Friday, February 6th. Wedbush set a $224.00 price objective on Coinbase Global in a research note on Friday, May 8th. Barclays dropped their target price on Coinbase Global from $140.00 to $107.00 and set an “underweight” rating on the stock in a research report on Friday, May 8th. Piper Sandler dropped their target price on Coinbase Global from $180.00 to $170.00 and set a “neutral” rating on the stock in a research report on Friday, May 8th. Finally, Sanford C. Bernstein dropped their target price on Coinbase Global from $440.00 to $330.00 and set an “outperform” rating on the stock in a research report on Monday, March 30th. 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 company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $252.10.

View Our Latest Stock Report on COIN

Key Coinbase Global News

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

Positive Sentiment: The CFTC’s actions on perpetual futures and 24/7 trading create a clearer path for Coinbase to expand into a large, regulated derivatives market that could lift fee revenue and deepen customer engagement. Reuters article on Coinbase and Kalshi bringing regulated perpetual crypto futures to U.S. investors
Positive Sentiment: Coinbase also said it is giving eligible U.S. institutional clients access to global crypto options and perpetual futures through its regulated futures commission merchant, expanding its derivatives offering and strengthening its institutional platform. Cointelegraph article on Coinbase bringing global crypto derivatives markets to U.S. institutional clients
Positive Sentiment: Analysts and industry coverage are framing the regulatory shift as a bigger opening for Coinbase in a multi-trillion-dollar derivatives market that has largely been offshore until now. MarketWatch article on crypto perpetual contracts coming to the U.S.

About Coinbase Global

(Free Report)

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.