Insider Selling: Coinbase Global (NASDAQ:COIN) Director Sells $347,627.50 in Stock

Coinbase Global, Inc. (NASDAQ:COIN) Director Frederick Ernest Ehrsam III sold 1,375 shares of the firm’s stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $252.82, for a total value of $347,627.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Frederick Ernest Ehrsam III also recently made the following trade(s):

• On Tuesday, December 9th, Frederick Ernest Ehrsam III sold 2,750 shares of Coinbase Global stock. The stock was sold at an average price of $280.27, for a total transaction of $770,742.50.
• On Thursday, December 4th, Frederick Ernest Ehrsam III sold 4,125 shares of Coinbase Global stock. The shares were sold at an average price of $274.06, for a total transaction of $1,130,497.50.
• On Thursday, November 20th, Frederick Ernest Ehrsam III sold 2,750 shares of Coinbase Global stock. The shares were sold at an average price of $260.33, for a total transaction of $715,907.50.
• On Monday, November 10th, Frederick Ernest Ehrsam III sold 55,688 shares of Coinbase Global stock. The stock was sold at an average price of $321.81, for a total transaction of $17,920,955.28.
• On Friday, November 7th, Frederick Ernest Ehrsam III sold 19,927 shares of Coinbase Global stock. The stock was sold at an average price of $288.77, for a total transaction of $5,754,319.79.
• On Thursday, November 6th, Frederick Ernest Ehrsam III sold 277,074 shares of Coinbase Global stock. The shares were sold at an average price of $309.92, for a total transaction of $85,870,774.08.

Coinbase Global Stock Performance

NASDAQ COIN opened at $239.85 on Thursday. Coinbase Global, Inc. has a 52-week low of $142.58 and a 52-week high of $444.64. The company has a fifty day moving average of $287.66 and a 200-day moving average of $318.30. The company has a market capitalization of $64.67 billion, a P/E ratio of 20.75 and a beta of 3.69. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.40 and a current ratio of 2.40.

Coinbase Global (NASDAQ:COIN) last released its quarterly earnings results on Thursday, October 30th. The cryptocurrency exchange reported $1.44 earnings per share for the quarter, beating analysts’ consensus estimates of $1.04 by $0.40. The business had revenue of $1.87 billion for the quarter, compared to the consensus estimate of $1.77 billion. Coinbase Global had a return on equity of 15.70% and a net margin of 41.99%.The company’s revenue for the quarter was up 55.1% on a year-over-year basis. During the same quarter last year, the business posted $0.28 earnings per share. As a group, equities research analysts predict that Coinbase Global, Inc. will post 7.22 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Evelyn Partners Investment Management Europe Ltd lifted its stake in shares of Coinbase Global by 92.3% in the 2nd quarter. Evelyn Partners Investment Management Europe Ltd now owns 75 shares of the cryptocurrency exchange’s stock valued at $29,000 after purchasing an additional 36 shares during the period. REAP Financial Group LLC bought a new stake in shares of Coinbase Global during the 3rd quarter valued at $25,000. Palisade Asset Management LLC purchased a new stake in shares of Coinbase Global in the 3rd quarter worth about $29,000. Cullen Frost Bankers Inc. purchased a new stake in shares of Coinbase Global in the 2nd quarter worth about $30,000. Finally, Salomon & Ludwin LLC increased its stake in shares of Coinbase Global by 4,400.0% in the 3rd quarter. Salomon & Ludwin LLC now owns 90 shares of the cryptocurrency exchange’s stock worth $30,000 after acquiring an additional 88 shares in the last quarter. Hedge funds and other institutional investors own 68.84% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on COIN shares. Bank of America decreased their target price on shares of Coinbase Global from $369.00 to $340.00 in a research report on Wednesday, October 1st. B. Riley boosted their target price on Coinbase Global from $185.00 to $243.00 and gave the company a “neutral” rating in a research note on Monday, November 3rd. Rothschild Redb upgraded Coinbase Global from a “hold” rating to a “strong-buy” rating in a report on Friday, October 3rd. Needham & Company LLC restated a “buy” rating and issued a $400.00 target price on shares of Coinbase Global in a report on Friday, October 31st. Finally, President Capital increased their price target on shares of Coinbase Global from $401.00 to $472.00 and gave the company a “buy” rating in a research report on Wednesday, November 5th. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $383.54.

Key Stores Impacting Coinbase Global

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

• Positive Sentiment: Acquisition boosts new product roadmap — Coinbase agreed to buy The Clearing Company to accelerate a regulated, on‑chain push into prediction markets that could add fees and engagement beyond spot trading. Read More.
• Positive Sentiment: Institutional flows and USDC use case — Partnership activity (e.g., Klarna) and zero‑fee USDC on‑ramps backed by Coinbase raise the potential for more institutional custody/settlement volume and stablecoin throughput. Read More.
• Positive Sentiment: Product expansion around tokenization and stablecoins — Moves to let businesses mint stablecoins and to support third‑party on‑ramps broaden Coinbase’s addressable market if monetization follows. Read More.
• Positive Sentiment: Large investor interest — ARK Invest’s Cathie Wood increased COIN exposure, a vote of confidence that can attract momentum buyers. Read More.
• Neutral Sentiment: Analyst and industry narrative — Coverage is mixed (Buy/Hold/Occasional Sell); consensus remains a “Moderate Buy” but targets vary widely, so research notes are unlikely to move the stock without clearer earnings or monetization data. Read More.
• Neutral Sentiment: Tokenization comparisons — Industry pieces compare Coinbase to rivals in tokenized stocks; important for long‑term strategy but short‑term impact depends on adoption and revenue metrics. Read More.
• Neutral Sentiment: Odd short‑interest report — Recent data showing “0 shares” and 0 days‑to‑cover appears to be a reporting anomaly and should not be interpreted as a real market signal. Read More.
• Negative Sentiment: Insider selling — CEO Brian Armstrong sold 40,000 shares (~$10.0M) on Dec. 22 and Director Fred Ehrsam sold shares recently; recurring large insider sales can spook investors even if pre‑scheduled or diversification‑driven. Read More.
• Negative Sentiment: Regulatory and legal headwinds — Philippine ISPs have restricted access after a central‑bank order, and Coinbase sued Michigan over prediction‑market rules — both increase execution and compliance risk for new products. Read More. Read More.
• Negative Sentiment: Market skepticism and sell commentary — Some analysts and columnists question how quickly Coinbase can monetize its pivot to prediction markets and tokenization, which can cap short‑term multiple expansion. Read More.

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.