Mitsubishi UFJ Asset Management Co. Ltd. Purchases 59,911 Shares of Coinbase Global, Inc. $COIN

Mitsubishi UFJ Asset Management Co. Ltd. raised its position in Coinbase Global, Inc. (NASDAQ:COIN) by 14.9% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 463,279 shares of the cryptocurrency exchange’s stock after acquiring an additional 59,911 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Coinbase Global were worth $156,352,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Integrated Wealth Concepts LLC increased its position in shares of Coinbase Global by 24.2% during the 1st quarter. Integrated Wealth Concepts LLC now owns 2,119 shares of the cryptocurrency exchange’s stock valued at $365,000 after purchasing an additional 413 shares during the last quarter. Empowered Funds LLC boosted its holdings 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 worth $1,478,000 after buying an additional 1,761 shares during the last quarter. Focus Partners Wealth grew its position in Coinbase Global by 9.9% during the first quarter. Focus Partners Wealth now owns 5,202 shares of the cryptocurrency exchange’s stock valued at $896,000 after buying an additional 467 shares during the period. Sivia Capital Partners LLC purchased a new stake in Coinbase Global during the second quarter valued at approximately $285,000. Finally, Envestnet Asset Management Inc. increased its holdings in Coinbase Global by 18.0% during the second quarter. Envestnet Asset Management Inc. now owns 60,692 shares of the cryptocurrency exchange’s stock valued at $21,272,000 after buying an additional 9,245 shares during the last quarter. 68.84% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. China Renaissance cut their price objective on shares of Coinbase Global from $301.50 to $223.20 and set a “buy” rating for the company in a research report on Monday. Wall Street Zen downgraded Coinbase Global from a “hold” rating to a “sell” rating in a research report on Saturday, November 22nd. UBS Group set a $264.00 price target on Coinbase Global in a research report on Friday, February 13th. Bank of America raised Coinbase Global from a “neutral” rating to a “buy” rating and set a $340.00 price objective on the stock in a research note on Thursday, January 8th. Finally, Rosenblatt Securities cut their price objective on Coinbase Global from $325.00 to $240.00 and set a “buy” rating for the company in a research note on Friday, February 13th. Nineteen equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $270.67.

More Coinbase Global News

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

• Positive Sentiment: Company launched U.S. stock and ETF trading (24/5 availability) as part of its “Everything Exchange” push, widening addressable revenue beyond crypto and drawing an immediate market reaction. Coinbase Expands Into Stocks, Targets ‘Everything Exchange’
• Positive Sentiment: Coinbase rolled out a unified stock + ETF trading product positioning to reach a much larger user base — a strategic diversification that could stabilize fee revenue over time if adoption scales. Coinbase Launches Unified Stock and ETF Trading to Empower One Billion Users
• Positive Sentiment: Legal team pushing back publicly on state actions around prediction markets, signaling an active defense of new product lines and a bid to limit state-level regulatory risk. That defense can reduce execution risk if it gains traction. Coinbase litigation head challenges state “gaslighting” over prediction markets
• Neutral Sentiment: Management will present at the Morgan Stanley TMT conference — a forum where executives often provide color on product rollout progress and monetization timelines; useful for investors seeking execution updates. Coinbase to Participate in Morgan Stanley Technology, Media, and Telecom Conference
• Neutral Sentiment: Coinbase research and public commentary on Bitcoin price bands (key levels ~ $60k and $82k) is shaping trader flow and platform volumes — BTC moves remain a major short-term volume driver for COIN but are not a new risk. Is Bitcoin The Poor Man’s Hedge Against Inflation? Coinbase CEO Thinks So
• Negative Sentiment: Analysts cut price targets this week (President Capital to $236; China Renaissance to $223.20), trimming upside and likely contributing to today’s pullback despite the product news. President Capital Adjusts Price Target on Coinbase Global to $236 from $472, Maintains Buy Rating China Renaissance Lowers Coinbase Global Price Target to $223.20
• Negative Sentiment: Ongoing regulatory uncertainty (CLARITY Act timing and state actions) and the possibility of slower-than-expected monetization of new equity products keep risk-premium elevated for the stock. Coinbase Stock Struggles Amid Gloomy Odds For Clarity Act; Is Coinbase Stock A Sell Now?

Coinbase Global Stock Performance

NASDAQ COIN opened at $181.06 on Friday. The company has a quick ratio of 2.34, a current ratio of 2.34 and a debt-to-equity ratio of 0.40. Coinbase Global, Inc. has a twelve month low of $139.36 and a twelve month high of $444.64. The business has a 50-day moving average price of $207.88 and a 200-day moving average price of $274.64. The firm has a market cap of $47.81 billion, a price-to-earnings ratio of 41.24, a price-to-earnings-growth ratio of 2.64 and a beta of 3.70.

Coinbase Global (NASDAQ:COIN) last posted its quarterly earnings results on Thursday, February 12th. The cryptocurrency exchange reported $0.66 EPS for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.17). Coinbase Global had a return on equity of 8.68% and a net margin of 17.55%.The business had revenue of $1.78 billion during the quarter, compared to analysts’ expectations of $1.86 billion. During the same period in the prior year, the firm posted $4.68 earnings per share. The firm’s revenue for the quarter was down 21.6% on a year-over-year basis. As a group, equities research analysts predict that Coinbase Global, Inc. will post 7.22 EPS for the current fiscal year.

Insider Transactions at Coinbase Global

In other Coinbase Global news, Director Frederick Ernest Ehrsam III sold 4,125 shares of Coinbase Global stock in a transaction on Thursday, December 4th. The shares were sold at an average price of $274.06, for a total value of $1,130,497.50. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Alesia J. Haas sold 364,600 shares of the business’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $154.95, for a total transaction of $56,494,770.00. Following the completion of the sale, the chief financial officer owned 402,165 shares in the company, valued at approximately $62,315,466.75. The trade was a 47.55% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 513,775 shares of company stock valued at $95,046,092. 16.56% of the stock is currently owned by corporate insiders.

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.