Frederick Wilson Sells 35,068 Shares of Coinbase Global (NASDAQ:COIN) Stock

Coinbase Global, Inc. (NASDAQ:COIN) Director Frederick Wilson sold 35,068 shares of the stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $144.32, for a total transaction of $5,061,013.76. 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.

Coinbase Global Stock Performance

NASDAQ:COIN traded down $0.84 during mid-day trading on Wednesday, hitting $149.89. The company’s stock had a trading volume of 6,779,190 shares, compared to its average volume of 10,400,629. The business’s fifty day moving average is $161.87 and its two-hundred day moving average is $179.80. The stock has a market cap of $39.49 billion, a price-to-earnings ratio of -39.03, 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. Coinbase Global, Inc. has a 1 year low of $139.11 and a 1 year high of $402.16.

Coinbase Global (NASDAQ:COIN) last issued its quarterly earnings data on Thursday, July 30th. The cryptocurrency exchange reported ($1.36) earnings per share (EPS) for the quarter, missing the consensus estimate 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%. The business’s quarterly revenue was down 18.5% compared to the same quarter last year. During the same period last year, the firm earned $5.14 EPS. Analysts anticipate that Coinbase Global, Inc. will post 0.67 EPS for the current fiscal year.

Key Headlines Impacting Coinbase Global

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

• Positive Sentiment: USDC partnership remains intact. Coinbase and Circle renewed their commercial agreement automatically on the existing terms, preserving Coinbase’s current USDC revenue-sharing economics and removing concerns that the deal could be weakened after Coinbase joined the Open USD consortium. Coinbase Keeps Circle Partnership Terms Unchanged
• Positive Sentiment: Institutional support and new growth areas provide offsets. Cathie Wood’s Ark Invest purchased nearly $10 million of Coinbase and Circle shares after the crypto selloff. Coinbase is also expanding beyond trading through subscriptions, stablecoins and its Base network, which reportedly reached $32 trillion in volume. Cathie Wood Buys the Dip
• Positive Sentiment: Regulatory clarity could be a future catalyst. CEO Brian Armstrong is urging the Senate to pass the CLARITY Act, arguing that clearer rules would protect consumers and support U.S. crypto innovation. Passage could reduce regulatory uncertainty, although the timing of a vote remains unclear. Coinbase CEO Supports CLARITY Act
• Neutral Sentiment: Analyst views remain divided. HC Wainwright maintained a Buy rating and a $265 price target, but lowered its 2026 EPS forecast to a loss of $0.74. Cantor Fitzgerald also reduced its Coinbase price target to $184, signaling greater near-term caution. Cantor Fitzgerald Lowers Coinbase Price Target
• Negative Sentiment: Q2 results disappointed investors. Coinbase reported approximately $1.22 billion in revenue and a $359 million net loss, reversing year-earlier profitability. The results reflected weaker crypto activity and missed consensus revenue and EPS expectations, raising concerns about earnings volatility.
• Negative Sentiment: Crypto-market weakness is hurting the sector. Declining digital-asset prices and reduced trading activity are weighing on Coinbase and other crypto companies, while industry layoffs reinforce concerns that the downturn may persist. FalconX Layoffs Amid Crypto Slump

Wall Street Analyst Weigh In

COIN has been the subject of several recent research reports. BTIG Research cut their target price on shares of Coinbase Global from $260.00 to $240.00 and set a “buy” rating for the company in a report on Friday, July 31st. Rothschild & Co Redburn raised their price target on shares of Coinbase Global from $254.00 to $263.00 and gave the company a “buy” rating in a research report on Thursday, May 14th. Weiss Ratings cut shares of Coinbase Global from a “hold (c-)” rating to a “sell (d)” rating in a report on Friday. Oppenheimer decreased their price objective on shares of Coinbase Global from $209.00 to $193.00 and set an “outperform” rating for the company in a research report on Friday, July 31st. Finally, Sanford C. Bernstein reissued an “outperform” rating and set a $330.00 target price on shares of Coinbase Global in a research note on Friday, July 31st. Eighteen analysts have rated the stock with a Buy rating, ten have given a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $215.11.

Hedge Funds Weigh In On Coinbase Global

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Norges Bank purchased a new position in Coinbase Global in the 4th quarter valued at about $656,744,000. Capital World Investors boosted its stake in shares of Coinbase Global by 847.2% in the fourth quarter. Capital World Investors now owns 1,536,534 shares of the cryptocurrency exchange’s stock worth $347,472,000 after acquiring an additional 1,374,318 shares during the last quarter. Ruffer LLP purchased a new stake in shares of Coinbase Global during the fourth quarter worth approximately $166,515,000. Southpoint Capital Advisors LP purchased a new stake in shares of Coinbase Global during the first quarter worth approximately $104,766,000. Finally, Janus Henderson Group PLC raised its stake in Coinbase Global by 2,597.8% in 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 during the last quarter. 68.84% of the stock is owned by hedge funds and other institutional investors.

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.