Coinbase Global, Inc. $COIN Shares Sold by Neville Rodie & Shaw Inc.

Neville Rodie & Shaw Inc. trimmed its holdings in Coinbase Global, Inc. (NASDAQ:COIN) by 71.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,424 shares of the cryptocurrency exchange’s stock after selling 3,499 shares during the quarter. Neville Rodie & Shaw Inc.’s holdings in Coinbase Global were worth $208,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Norges Bank purchased a new stake in shares of Coinbase Global in the fourth quarter worth about $656,744,000. Capital World Investors boosted its position in Coinbase Global by 847.2% in the 4th quarter. Capital World Investors now owns 1,536,534 shares of the cryptocurrency exchange’s stock worth $347,472,000 after purchasing an additional 1,374,318 shares in the last quarter. Ruffer LLP acquired a new stake in shares of Coinbase Global during the 4th quarter worth approximately $166,515,000. Southpoint Capital Advisors LP acquired a new stake in shares of Coinbase Global during the 1st quarter worth approximately $104,766,000. Finally, Janus Henderson Group PLC increased its holdings in shares of Coinbase Global by 2,597.8% during the 4th quarter. Janus Henderson Group PLC now owns 549,304 shares of the cryptocurrency exchange’s stock valued at $124,221,000 after purchasing an additional 528,943 shares in the last quarter. Hedge funds and other institutional investors own 68.84% of the company’s stock.

Insider Activity at Coinbase Global

In other news, insider Lawrence J. Brock sold 6,616 shares of the business’s stock in a transaction dated 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 owned 517 shares of the company’s stock, valued at $97,718.17. The trade was a 92.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Paul Grewal sold 1,960 shares of the company’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $176.88, for a total transaction of $346,684.80. Following the transaction, the insider owned 84,753 shares of the company’s stock, valued at approximately $14,991,110.64. This trade represents 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. Over the last ninety days, insiders have sold 30,627 shares of company stock valued at $5,327,841. Insiders own 16.66% of the company’s stock.

Key Coinbase Global News

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

• Positive Sentiment: Coinbase and Circle will automatically renew their USDC commercial partnership on unchanged terms. The renewal preserves Coinbase’s existing economics and removes uncertainty that the agreement would be renegotiated after Coinbase joined the Open USD consortium. Coinbase Keeps Circle Partnership Terms Unchanged
• Positive Sentiment: Analysts at HC Wainwright maintained a Buy rating and a $265 price target, citing expected profitability in the fourth quarter. Coinbase is also expanding beyond transaction fees through subscriptions, stablecoins, derivatives and its Base network, which reportedly reached $32 trillion in volume. Coinbase Q2 2026 Earnings Call Transcript
• Positive Sentiment: CEO Brian Armstrong is lobbying for passage of the CLARITY Act, which could establish clearer U.S. cryptocurrency rules and improve the regulatory outlook for Coinbase’s exchange, custody and stablecoin businesses. Coinbase CEO Supports CLARITY Act
• Neutral Sentiment: Coinbase has obtained access to Anthropic’s restricted Mythos AI model to help audit and secure crypto protocols, a potentially useful technology advantage but one unlikely to materially affect near-term financial results. Crypto Firms Seek Frontier AI Access
• Negative Sentiment: Bitcoin’s decline and a record 77-day negative Coinbase Premium indicate weak U.S. institutional buying and potentially lower trading activity. A broader crypto slowdown is also affecting industry peers, reinforcing concerns about near-term volumes and revenue. Bitcoin and Coinbase Premium Decline
• Negative Sentiment: HC Wainwright cut its 2026 EPS forecast to a $0.74 loss from a $0.15 loss, while forecasting a $0.27 loss in the third quarter. The revision adds to concerns following Coinbase’s latest quarterly revenue and EPS miss. Coinbase Analyst Estimates
• Negative Sentiment: Recent price-target reductions from Cantor Fitzgerald, Needham, Benchmark and Oppenheimer show analysts are recalibrating expectations, while comparisons with CME Group favor CME on valuation, performance and near-term growth. Regulatory delays for the CLARITY Act add another uncertainty.

Coinbase Global Trading Up 2.9%

Shares of COIN stock opened at $150.73 on Wednesday. Coinbase Global, Inc. has a 1-year low of $139.11 and a 1-year high of $402.16. The company has a market cap of $39.71 billion, a price-to-earnings ratio of -39.25, a PEG ratio of 19.96 and a beta of 3.36. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.42 and a quick ratio of 2.42. The stock has a 50 day simple moving average of $161.87 and a 200-day simple moving average of $179.80.

Coinbase Global (NASDAQ:COIN) last released its quarterly earnings results on Thursday, July 30th. The cryptocurrency exchange reported ($1.36) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.44) by ($0.92). The company had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.29 billion. Coinbase Global had a negative net margin of 15.72% and a positive return on equity of 3.12%. Coinbase Global’s revenue was down 18.5% compared to the same quarter last year. During the same period in the prior year, the business posted $5.14 EPS. On average, equities research analysts expect that Coinbase Global, Inc. will post 0.67 EPS for the current fiscal year.

Analysts Set New Price Targets

COIN has been the subject of several analyst reports. Weiss Ratings cut shares of Coinbase Global from a “hold (c-)” rating to a “sell (d)” rating in a research note on Friday. President Capital raised their price target on shares of Coinbase Global from $236.00 to $264.00 and gave the company a “buy” rating in a research report on Tuesday, May 12th. Needham & Company LLC cut their price objective on shares of Coinbase Global from $220.00 to $177.00 and set a “buy” rating for the company in a report on Friday, July 31st. Wolfe Research set a $325.00 price objective on shares of Coinbase Global in a research report on Thursday, July 9th. Finally, Rothschild & Co Redburn increased their target price on shares of Coinbase Global from $254.00 to $263.00 and gave the stock a “buy” rating in a research note on Thursday, May 14th. Eighteen research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $215.11.

About Coinbase Global

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.