HighTower Advisors LLC Purchases 9,365 Shares of Coinbase Global, Inc. $COIN

Posted by Max Byerly on May 23rd, 2026

HighTower Advisors LLC grew its position in shares of Coinbase Global, Inc. (NASDAQ:COIN) by 9.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 105,761 shares of the cryptocurrency exchange’s stock after purchasing an additional 9,365 shares during the period. HighTower Advisors LLC’s holdings in Coinbase Global were worth $23,917,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Tucker Asset Management LLC bought a new stake in Coinbase Global during the fourth quarter valued at $104,000. North Dakota State Investment Board bought a new position in Coinbase Global in the 4th quarter worth about $1,626,000. Elyxium Wealth LLC raised its holdings in shares of Coinbase Global by 99.6% in the 4th quarter. Elyxium Wealth LLC now owns 3,182 shares of the cryptocurrency exchange’s stock valued at $719,000 after acquiring an additional 1,588 shares in the last quarter. Soltis Investment Advisors LLC raised its holdings in shares of Coinbase Global by 11.7% in the 4th quarter. Soltis Investment Advisors LLC now owns 14,572 shares of the cryptocurrency exchange’s stock valued at $3,295,000 after acquiring an additional 1,523 shares in the last quarter. Finally, Northwestern Mutual Investment Management Company LLC boosted its position in shares of Coinbase Global by 1.2% during the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 7,291 shares of the cryptocurrency exchange’s stock valued at $1,649,000 after acquiring an additional 83 shares during the last quarter. Institutional investors own 68.84% of the company’s stock.

Key Headlines Impacting Coinbase Global

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

Negative Sentiment: Bitcoin and Ethereum fell, weighing on crypto-related stocks and dragging Coinbase lower alongside other trading platforms like Robinhood. Coinbase and Other Crypto Stocks Are Falling. Several Possible Reasons for the Bad Day.
Negative Sentiment: Crypto market sentiment has been hurt by Bitcoin slipping into the mid-$70,000s, a negative Coinbase premium, and reports of institutional selling and ETF outflows, all of which point to softer near-term trading volumes for Coinbase. Coinbase premium hits monthly low as institutional selling pressure mounts
Neutral Sentiment: Coinbase continues to expand its product set, including launching perpetual-style equity index futures in June and supporting new stablecoin infrastructure, which could help diversify revenue over time. Traders Get AI, Defense, and China Perp Futures on Coinbase Starting June 8
Neutral Sentiment: Management also highlighted AI-driven compliance improvements and faster resolution times, which is supportive for operating efficiency but not enough to offset the crypto selloff today. Coinbase CEO Brian Armstrong Says AI Is Doing ‘Most Of The Heavy Lifting’ In Compliance As Resolution Times Improve By 90%

Insider Activity at Coinbase Global

In related news, CFO Alesia J. Haas sold 10,020 shares of the stock in a transaction on Wednesday, March 4th. The shares were 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 trade represents a 2.46% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Over the last 90 days, insiders have sold 29,990 shares of company stock worth $6,013,920. 16.66% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several brokerages have recently commented on COIN. JPMorgan Chase & Co. boosted their price objective on Coinbase Global from $252.00 to $290.00 and gave the stock an “overweight” rating in a report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Coinbase Global from $206.00 to $205.00 and set a “buy” rating on the stock in a research note on Friday, May 8th. UBS Group set a $264.00 price target on shares of Coinbase Global in a research note on Friday, February 13th. Monness Crespi & Hardt reissued a “sell” rating and issued a $110.00 price target (down from $115.00) on shares of Coinbase Global in a report on Friday, May 8th. Finally, Benchmark decreased their price target on shares of Coinbase Global from $267.00 to $260.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Nineteen investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $252.20.

Read Our Latest Stock Analysis on Coinbase Global

Coinbase Global Stock Performance

NASDAQ:COIN opened at $184.99 on Friday. The company has a market capitalization of $48.74 billion, a price-to-earnings ratio of 69.55, a PEG ratio of 7.05 and a beta of 3.38. The business has a 50 day moving average of $190.49 and a 200 day moving average of $216.73. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.34 and a quick ratio of 2.34. Coinbase Global, Inc. has a 1-year low of $139.36 and a 1-year high of $444.64.

Coinbase Global (NASDAQ:COIN – Get Free Report) last issued its quarterly 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). The business had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.49 billion. Coinbase Global had a net margin of 12.20% and a return on equity of 4.06%. The firm’s revenue was down 30.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.24 earnings per share. On average, sell-side analysts predict that Coinbase Global, Inc. will post 1.75 earnings per share for the current fiscal year.

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.