MUFG Securities EMEA plc Boosts Stock Position in Coinbase Global, Inc. $COIN

MUFG Securities EMEA plc grew its holdings in Coinbase Global, Inc. (NASDAQ:COIN) by 116.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 9,354 shares of the cryptocurrency exchange’s stock after acquiring an additional 5,025 shares during the quarter. MUFG Securities EMEA plc’s holdings in Coinbase Global were worth $2,115,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in COIN. Norges Bank purchased a new stake in shares of Coinbase Global in the fourth quarter valued at approximately $656,744,000. Vanguard Group Inc. increased 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 valued at $8,847,905,000 after buying an additional 2,007,930 shares in the last quarter. Ruffer LLP purchased a new stake in shares of Coinbase Global in the fourth quarter valued at approximately $166,515,000. Artisan Partners Limited Partnership purchased a new stake in shares of Coinbase Global in the third quarter valued at approximately $224,663,000. Finally, Anatole Investment Management Ltd purchased a new stake in shares of Coinbase Global in the second quarter valued at approximately $98,698,000. 68.84% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Coinbase Global

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

• Positive Sentiment: Coinbase expanded its international footprint by launching direct INR deposits and withdrawals in India, giving users access to spot and futures trading through local bank rails after securing regulatory approval. Coinbase launches rupee bank rails in India after FIU nod
• Positive Sentiment: The company’s push into India could support long-term user growth by making it easier for Indian retail traders to fund accounts and trade crypto on Coinbase’s platform. Jamie Dimon calls Coinbase CEO ‘full of s–t,’ vows to fight crypto-friendly bill in Congress
• Neutral Sentiment: Virtune completed a monthly rebalancing of its Coinbase-linked index ETP, a routine product update that does not appear to be a major direct catalyst for shares. Virtune AB (Publ) has completed the rebalancing for May 2026 of its Virtune Coinbase 50 Index ETP
• Neutral Sentiment: Industry commentary highlighted that Coinbase remains a key crypto-market proxy, with sentiment tied to bitcoin and broader digital-asset moves, but this was mostly explanatory rather than company-specific news. Strategy Slides 6%, Coinbase Drops 5% as Saylor’s First Bitcoin Sale in Nearly 4 Years Triggers Crypto Selloff
• Negative Sentiment: B. Riley cut its price target on Coinbase to $203 from $243 and kept a neutral rating, signaling more cautious expectations for the stock’s upside. B. Riley cuts price target on Coinbase Global to $203 from $243, keeps neutral rating
• Negative Sentiment: Coinbase also faced pressure from a broad crypto selloff, with investors focusing on its June 1 convertible-note maturity and the possibility of a cash outflow to retire the notes if conversion conditions were not met. Coinbase slides as crypto prices weaken and investors focus on June 1 convertible-note maturity

Insider Buying and Selling

In related news, CFO Alesia J. Haas sold 10,020 shares of the stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $200.00, for a total transaction of $2,004,000.00. Following the transaction, the chief financial officer owned 397,171 shares of the company’s stock, valued at approximately $79,434,200. This represents a 2.46% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Paul Grewal sold 1,960 shares of the 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 transaction, the insider directly owned 84,753 shares in the company, valued at approximately $14,991,110.64. The trade was a 2.26% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 38,566 shares of company stock valued at $7,611,095. Corporate insiders own 16.66% of the company’s stock.

Coinbase Global Stock Performance

NASDAQ COIN opened at $182.61 on Tuesday. The stock has a market cap of $48.11 billion, a PE ratio of 68.65, a P/E/G ratio of 6.67 and a beta of 3.32. 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. The stock has a fifty day simple moving average of $188.19 and a 200-day simple moving average of $210.58.

Coinbase Global (NASDAQ:COIN) last released its quarterly earnings results on Thursday, May 7th. The cryptocurrency exchange reported ($1.49) earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by ($1.55). The business had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.49 billion. Coinbase Global had a return on equity of 4.16% and a net margin of 12.20%.The business’s revenue for the quarter was down 30.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.24 earnings per share. Equities analysts anticipate that Coinbase Global, Inc. will post 1.74 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on COIN. Bank of America dropped their price target on Coinbase Global from $288.00 to $234.00 in a research report on Thursday, April 2nd. Robert W. Baird dropped their price target on Coinbase Global from $200.00 to $160.00 and set a “neutral” rating for the company in a research report on Friday, May 8th. Rosenblatt Securities reiterated a “buy” rating and set a $240.00 price target on shares of Coinbase Global in a research report on Wednesday, May 6th. President Capital boosted their price target on Coinbase Global from $236.00 to $264.00 and gave the stock a “buy” rating in a research report on Tuesday, May 12th. Finally, Piper Sandler dropped their price target on Coinbase Global from $180.00 to $170.00 and set a “neutral” rating for the company in a research report on Friday, May 8th. Nineteen investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, Coinbase Global presently has a consensus rating of “Hold” and a consensus price target of $250.81.

Coinbase Global 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.