Coinbase Global (NASDAQ:COIN) Shares Bought Rep. Gilbert Ray Cisneros, Jr.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Coinbase Global, Inc. (NASDAQ:COIN). In a filing disclosed on September 04th, the Representative disclosed that they had bought between $1,001 and $15,000 in Coinbase Global stock on July 17th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $15,001 – $50,000 in shares of Mesabi Trust (NYSE:MSB) on 7/31/2026.
• Purchased $1,001 – $15,000 in shares of Praxis Precision Medicines (NASDAQ:PRAX) on 7/30/2026.
• Purchased $15,001 – $50,000 in shares of Alkermes (NASDAQ:ALKS) on 7/30/2026.
• Sold $15,001 – $50,000 in shares of Crinetics Pharmaceuticals (NASDAQ:CRNX) on 7/30/2026.
• Sold $100,001 – $250,000 in shares of Alibaba Group (NYSE:BABA) on 7/24/2026.
• Sold $1,001 – $15,000 in shares of Adobe (NASDAQ:ADBE) on 7/24/2026.
• Sold $1,001 – $15,000 in shares of Viavi Solutions (NASDAQ:VIAV) on 7/21/2026.
• Purchased $1,001 – $15,000 in shares of SailPoint (NASDAQ:SAIL) on 7/21/2026.
• Purchased $1,001 – $15,000 in shares of Glacier Bancorp (NYSE:GBCI) on 7/21/2026.
• Sold $1,001 – $15,000 in shares of FedEx (NYSE:FDX) on 7/21/2026.

Coinbase Global Price Performance

COIN stock opened at $184.64 on Tuesday. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.42 and a quick ratio of 2.42. The company’s 50 day simple moving average is $164.14 and its 200-day simple moving average is $175.74. Coinbase Global, Inc. has a 12 month low of $139.11 and a 12 month high of $402.16. The firm has a market capitalization of $48.72 billion, a PE ratio of -48.08 and a beta of 3.39.

Coinbase Global (NASDAQ:COIN) last announced its earnings results on Thursday, July 30th. The cryptocurrency exchange reported ($1.36) earnings per share for the quarter, missing the consensus estimate of ($0.44) by ($0.92). The firm 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 company’s revenue for the quarter was down 18.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $5.14 EPS. Equities analysts expect that Coinbase Global, Inc. will post -0.39 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. North Dakota State Investment Board bought a new stake in Coinbase Global in the 4th quarter valued at about $1,626,000. Mizuho Markets Cayman LP acquired a new position in shares of Coinbase Global during the fourth quarter worth approximately $33,921,000. Harvest Portfolios Group Inc. grew its holdings in Coinbase Global by 21.7% in the 4th quarter. Harvest Portfolios Group Inc. now owns 376,578 shares of the cryptocurrency exchange’s stock worth $85,159,000 after buying an additional 67,082 shares in the last quarter. First Citizens Bank & Trust Co. increased its position in Coinbase Global by 37.4% in the 1st quarter. First Citizens Bank & Trust Co. now owns 40,467 shares of the cryptocurrency exchange’s stock valued at $7,066,000 after acquiring an additional 11,020 shares during the period. Finally, Assenagon Asset Management S.A. raised its stake in Coinbase Global by 366.7% during the 2nd quarter. Assenagon Asset Management S.A. now owns 154,702 shares of the cryptocurrency exchange’s stock valued at $22,616,000 after acquiring an additional 121,552 shares in the last quarter. 68.84% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Cantor Fitzgerald reiterated an “overweight” rating and issued a $212.00 price target on shares of Coinbase Global in a report on Monday, August 31st. UBS Group set a $155.00 target price on Coinbase Global in a research report on Friday, July 31st. The Goldman Sachs Group lifted their target price on Coinbase Global from $173.00 to $196.00 and gave the company a “buy” rating in a report on Tuesday, August 25th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $208.00 price target on shares of Coinbase Global in a research note on Wednesday, June 17th. Finally, Needham & Company LLC cut their price objective on Coinbase Global from $220.00 to $177.00 and set a “buy” rating on the stock in a report on Friday, July 31st. Eighteen investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and five have assigned a Sell rating to the company. According to data from MarketBeat, Coinbase Global presently has a consensus rating of “Hold” and an average target price of $216.87.

Key Headlines Impacting Coinbase Global

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

• Positive Sentiment: Coinbase launched 23 regulated perpetual and dated futures contracts for eligible Canadian customers, covering Bitcoin, Ether, Solana and other assets. The rollout supports CEO Brian Armstrong’s “everything exchange” strategy and could expand trading activity and fee revenue. Coinbase Brings BTC, ETH and SOL Derivatives to Canada
• Positive Sentiment: Analysts and crypto-focused publications continue to identify COIN as a stock to watch during Bitcoin’s recovery rally, highlighting Coinbase’s trading platform, institutional infrastructure and potential benefit from stronger crypto prices. Coinbase, Circle and Robinhood: Three Crypto Stocks to Watch in September
• Positive Sentiment: Coinbase believes the next major adoption wave could come from AI agents transacting autonomously on blockchain networks. If that use case develops, it could create new transaction and infrastructure revenue streams, although the opportunity remains early-stage. Coinbase Says Crypto’s Next Wave of Growth Will Come From AI Agents
• Neutral Sentiment: Upcoming votes on the CLARITY Act and the launch of Circle Arc are expected to shape the regulatory and infrastructure outlook for the crypto industry. Clearer rules could help Coinbase, but delays or unfavorable provisions could increase uncertainty. Week Ahead: Two Market-Moving Events in 48 Hours
• Neutral Sentiment: Analysts have an average “Hold” recommendation, suggesting that the company’s growth opportunities are balanced by its elevated valuation and exposure to volatile cryptocurrency markets. Coinbase Receives Average Hold Recommendation
• Negative Sentiment: Coinbase’s recent quarterly results showed a larger-than-expected per-share loss and revenue below consensus, reinforcing concerns that weaker trading activity could pressure near-term results. A prior market rally also faded after a strong jobs report reduced expectations for easier monetary policy. Coinbase Slides as Hot Jobs Report Dents Rally

Insiders Place Their Bets

In other news, Director Frederick R. Wilson sold 35,068 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $144.32, for a total value of $5,061,013.76. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Jennifer N. Jones sold 2,062 shares of the business’s stock in a transaction on Monday, August 24th. The stock was sold at an average price of $188.75, for a total value of $389,202.50. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 57,130 shares of company stock valued at $8,830,416 in the last quarter. 16.66% of the stock is currently owned by insiders.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

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.