National Pension Service Has $152.79 Million Holdings in Coinbase Global, Inc. $COIN

National Pension Service increased its holdings in shares of Coinbase Global, Inc. (NASDAQ:COIN) by 1.3% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 452,736 shares of the cryptocurrency exchange’s stock after acquiring an additional 5,696 shares during the period. National Pension Service’s holdings in Coinbase Global were worth $152,794,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. Integrated Wealth Concepts LLC lifted its position in Coinbase Global by 24.2% during the 1st quarter. Integrated Wealth Concepts LLC now owns 2,119 shares of the cryptocurrency exchange’s stock worth $365,000 after buying an additional 413 shares in the last quarter. Empowered Funds LLC increased its position in shares of Coinbase Global by 25.8% in the first quarter. Empowered Funds LLC now owns 8,581 shares of the cryptocurrency exchange’s stock valued at $1,478,000 after acquiring an additional 1,761 shares during the last quarter. Focus Partners Wealth raised its holdings in Coinbase Global by 9.9% during the first quarter. Focus Partners Wealth now owns 5,202 shares of the cryptocurrency exchange’s stock worth $896,000 after acquiring an additional 467 shares in the last quarter. Sivia Capital Partners LLC bought a new stake in Coinbase Global during the second quarter worth about $285,000. Finally, HB Wealth Management LLC boosted its position in Coinbase Global by 22.1% during the second quarter. HB Wealth Management LLC now owns 2,690 shares of the cryptocurrency exchange’s stock valued at $943,000 after purchasing an additional 487 shares during the last quarter. Institutional investors own 68.84% of the company’s stock.

Key Coinbase Global News

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

• Positive Sentiment: Launched regulated prediction markets nationwide via a Kalshi partnership, opening a new retail trading product that can diversify fee revenue beyond spot crypto. Coinbase Turns Forecasting Into a Trade With New US Prediction Markets
• Positive Sentiment: Integrated Jupiter on Solana to give Coinbase users direct access to millions of Solana tokens, lowering listing friction and expanding product breadth for on‑chain trading. Coinbase Integrates Jupiter Exchange for Direct Access to Millions of Solana Tokens
• Positive Sentiment: Coinbase Ventures backing of Sats Terminal (a Bitcoin super app) signals continued venture activity and ecosystem exposure that could feed future product synergies. Never Sell Your Bitcoin: Sats Terminal Founders
• Positive Sentiment: Analyst pieces highlighting Coinbase’s expansion into services and M&A (COIN vs ICE) reinforce the bull case that the firm is pushing beyond trading revenue. COIN vs. ICE: Which Financial Markets Stock is the Better Buy Now?
• Neutral Sentiment: Cantor Fitzgerald initiated coverage on COIN and Piper Sandler maintained a neutral stance after trimming price targets—mixed analyst attention that adds liquidity to the stock narrative but no clear directional sway. Cantor Fitzgerald Initiates Coverage on Coinbase Global
• Neutral Sentiment: Deribit (Coinbase‑owned derivatives exchange) noted heavy options positioning keeping BTC rangebound, a technical factor that can limit short‑term volatility but also constrain volume spikes. Crypto options activity is keeping Bitcoin stuck near $90,000
• Negative Sentiment: CEO Brian Armstrong publicly pulled support for a major U.S. crypto market-structure bill and reportedly clashed with JPMorgan’s Jamie Dimon at Davos—heightening regulatory and political friction that could slow favorable legislation and raise reputational risk. Coinbase, JPMorgan CEOs clashed over market structure bill at Davos: Report
• Negative Sentiment: Bitcoin plunged to ~ $81k, triggering ~$1.7B in liquidations—crypto price crashes typically reduce Coinbase’s trading volumes and fee revenue, which is the primary near‑term driver of COIN earnings. Bitcoin falls to $81K, triggering $1.7B in liquidations
• Negative Sentiment: UK advertising watchdog reportedly banned Coinbase ads for downplaying risks, a regulatory reprimand that can hurt brand trust and marketing effectiveness in a key market. UK regulators ban Coinbase ads (coverage)
• Negative Sentiment: Critical press and analyst notes (Forbes, price‑target cuts) highlighting a recent market cap decline and technical sell signals (death cross) are amplifying negative investor sentiment and momentum selling. Coinbase Crumbles: Is The Downgrade Justified?

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on COIN shares. Argus reaffirmed a “hold” rating on shares of Coinbase Global in a research report on Tuesday, November 25th. Compass Point decreased their target price on shares of Coinbase Global from $230.00 to $190.00 and set a “sell” rating for the company in a research note on Friday, January 23rd. Barclays dropped their price target on shares of Coinbase Global from $291.00 to $258.00 and set an “equal weight” rating on the stock in a research report on Thursday, January 8th. Robert W. Baird set a $240.00 price target on shares of Coinbase Global and gave the company a “neutral” rating in a research note on Tuesday. Finally, Monness Crespi & Hardt upgraded shares of Coinbase Global from a “neutral” rating to a “buy” rating and set a $375.00 price objective on the stock in a research note on Monday, November 10th. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $356.27.

Insider Transactions at Coinbase Global

In related news, CEO Brian Armstrong sold 40,000 shares of the business’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $248.96, for a total value of $9,958,400.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Alesia J. Haas sold 8,050 shares of the company’s stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $250.00, for a total value of $2,012,500.00. Following the completion of the transaction, the chief financial officer directly owned 70,664 shares in the company, valued at approximately $17,666,000. This represents a 10.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 820,587 shares of company stock worth $240,717,580 over the last quarter. Company insiders own 16.56% of the company’s stock.

Coinbase Global Stock Performance

NASDAQ COIN opened at $194.74 on Friday. The stock has a market cap of $52.51 billion, a PE ratio of 16.85 and a beta of 3.70. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.40 and a current ratio of 2.40. The firm has a 50-day moving average of $244.95 and a 200-day moving average of $300.62. Coinbase Global, Inc. has a 52-week low of $142.58 and a 52-week high of $444.64.

Coinbase Global (NASDAQ:COIN) last announced its quarterly earnings results on Thursday, October 30th. The cryptocurrency exchange reported $1.44 EPS 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 analyst estimates of $1.77 billion. Coinbase Global had a net margin of 41.99% and a return on equity of 15.70%. Coinbase Global’s quarterly revenue was up 55.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.28 EPS. On average, sell-side analysts anticipate that Coinbase Global, Inc. will post 7.22 EPS for the current year.

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.