Rede Wealth LLC Takes $1.83 Million Position in Coinbase Global, Inc. $COIN

Rede Wealth LLC bought a new stake in shares of Coinbase Global, Inc. (NASDAQ:COIN) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 8,088 shares of the cryptocurrency exchange’s stock, valued at approximately $1,829,000. Coinbase Global accounts for 0.6% of Rede Wealth LLC’s holdings, making the stock its 17th biggest holding.

A number of other hedge funds and other institutional investors have also bought and sold shares of COIN. Vanguard Group Inc. grew its holdings in Coinbase Global by 8.3% during the 3rd quarter. Vanguard Group Inc. now owns 26,216,793 shares of the cryptocurrency exchange’s stock valued at $8,847,905,000 after buying an additional 2,007,930 shares in the last quarter. Artisan Partners Limited Partnership bought a new stake in shares of Coinbase Global in the 3rd quarter valued at approximately $224,663,000. Baillie Gifford & Co. bought a new stake in shares of Coinbase Global in the 3rd quarter valued at approximately $198,249,000. Assenagon Asset Management S.A. lifted its stake in shares of Coinbase Global by 1,647.1% in the 3rd quarter. Assenagon Asset Management S.A. now owns 507,318 shares of the cryptocurrency exchange’s stock valued at $171,215,000 after purchasing an additional 478,281 shares during the last quarter. Finally, Rakuten Investment Management Inc. bought a new stake in shares of Coinbase Global in the 3rd quarter valued at approximately $157,015,000. Hedge funds and other institutional investors own 68.84% of the company’s stock.

Insider Buying and Selling at Coinbase Global

In other news, CFO Alesia J. Haas sold 9,950 shares of Coinbase Global stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $201.60, for a total transaction of $2,005,920.00. Following the sale, the chief financial officer owned 387,221 shares in the company, valued at approximately $78,063,753.60. The trade was a 2.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Frederick Ernest Ehrsam III sold 1,375 shares of the business’s stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $250.27, for a total value of $344,121.25. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 396,745 shares of company stock worth $63,576,559. Insiders own 16.56% of the company’s stock.

Coinbase Global Stock Up 3.8%

Coinbase Global stock opened at $174.31 on Tuesday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.34 and a current ratio of 2.34. The business’s 50-day simple moving average is $178.14 and its two-hundred day simple moving average is $244.74. The company has a market cap of $46.03 billion, a PE ratio of 39.71, a PEG ratio of 3.73 and a beta of 3.60. Coinbase Global, Inc. has a fifty-two week low of $139.36 and a fifty-two week high of $444.64.

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

Trending Headlines about Coinbase Global

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

• Positive Sentiment: CEO Brian Armstrong’s public support for the U.S. CLARITY Act reduces a major regulatory overhang and improves the odds of clearer rules for exchanges and institutional participation — a structural positive for Coinbase’s U.S. business. Coinbase CEO Brian Armstrong Drops Opposition and Backs the CLARITY Act Bill
• Positive Sentiment: Rising institutional activity in Bitcoin and strong CEX/custody flows reinforce Coinbase’s revenue leverage to asset prices and ETF-related custody, supporting forward revenue potential. Analysts note Coinbase’s central role in U.S. flows. Bitcoin Institutional Dominance Hits 82 Amid Surging OTC Activity
• Positive Sentiment: Feature pieces on Coinbase’s on‑chain and AI initiatives position the firm as an innovation driver in crypto markets — narrative support for multiple revenue streams beyond spot trading. How Coinbase Is Transforming Global Markets Through Onchain Innovation
• Neutral Sentiment: Coinbase set its Q1 2026 earnings release for May 7 after the close with a webcast — an event date that will drive near‑term volatility as investors repriced estimates ahead of results. Coinbase Announces Date of First Quarter 2026 Financial Results
• Neutral Sentiment: Large on‑chain XRP deposits to Coinbase were reported, signaling elevated trader activity and liquidity flow through the exchange — useful for fee generation but ambiguous for direction until executed trades are visible. XRP Whale Dumps $119 Million into Coinbase
• Negative Sentiment: Some brokers are cutting targets and analysts expect sell‑side estimates to be reset lower after COIN’s recent pullback from March highs — a headwind for near‑term sentiment and a reason for elevated volatility. Citizens Jmp Cuts Coinbase Global (NASDAQ:COIN) Price Target to $355.00
• Negative Sentiment: Coverage note: commentary that COIN shares have fallen ~26% from March highs and that Street estimates will likely move lower highlights the risk of further analyst downgrades and multiple compression if revenue growth disappoints. COIN Shares Fall 26% but Analysts See Reset Expectations

Analysts Set New Price Targets

COIN has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft set a $250.00 price objective on Coinbase Global in a research note on Friday, February 13th. Robert W. Baird lowered their price objective on Coinbase Global from $215.00 to $200.00 and set a “neutral” rating for the company in a research note on Wednesday, April 1st. JPMorgan Chase & Co. lowered their price objective on Coinbase Global from $399.00 to $290.00 and set an “overweight” rating for the company in a research note on Tuesday, February 10th. The Goldman Sachs Group cut their price objective on Coinbase Global from $235.00 to $225.00 and set a “buy” rating on the stock in a research report on Wednesday, April 8th. Finally, Compass Point cut their price objective on Coinbase Global from $190.00 to $140.00 and set a “sell” rating on the stock in a research report on Friday, February 20th. Nineteen equities research 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, Coinbase Global has an average rating of “Hold” and a consensus price target of $260.11.

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.