Coinbase Global, Inc. $COIN Shares Purchased by Entropy Technologies LP

Entropy Technologies LP raised its position in Coinbase Global, Inc. (NASDAQ:COIN) by 741.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 8,468 shares of the cryptocurrency exchange’s stock after buying an additional 7,462 shares during the quarter. Entropy Technologies LP’s holdings in Coinbase Global were worth $1,915,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Palisade Asset Management LLC purchased a new position in shares of Coinbase Global in the 3rd quarter worth about $29,000. Foster Dykema Cabot & Partners LLC purchased a new position in shares of Coinbase Global in the 3rd quarter worth about $35,000. Stephens Consulting LLC raised its holdings in shares of Coinbase Global by 99.0% in the 4th quarter. Stephens Consulting LLC now owns 201 shares of the cryptocurrency exchange’s stock worth $45,000 after purchasing an additional 100 shares during the period. Legacy Wealth Managment LLC ID raised its holdings in shares of Coinbase Global by 728.0% in the 4th quarter. Legacy Wealth Managment LLC ID now owns 207 shares of the cryptocurrency exchange’s stock worth $47,000 after purchasing an additional 182 shares during the period. Finally, JPL Wealth Management LLC purchased a new position in shares of Coinbase Global in the 3rd quarter worth about $49,000. 68.84% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Coinbase Global

In other news, Director Frederick R. Wilson sold 10,000 shares of Coinbase Global stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $181.54, for a total value of $1,815,400.00. Following the completion of the transaction, the director owned 30,000 shares in the company, valued at approximately $5,446,200. This trade represents a 25.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Alesia J. Haas sold 10,020 shares of Coinbase Global stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $200.00, for a total value of $2,004,000.00. Following the completion of the transaction, the chief financial officer owned 377,201 shares of the company’s stock, valued at approximately $75,440,200. The trade was a 2.59% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 30,647 shares of company stock worth $5,740,941 over the last ninety days. Company insiders own 16.66% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on COIN. Deutsche Bank Aktiengesellschaft dropped their target price on Coinbase Global from $206.00 to $205.00 and set a “buy” rating on the stock in a report on Friday, May 8th. Zacks Research upgraded Coinbase Global from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 14th. Cantor Fitzgerald raised their target price on Coinbase Global from $221.00 to $250.00 and gave the company an “overweight” rating in a report on Tuesday, April 21st. Weiss Ratings upgraded Coinbase Global from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, May 29th. Finally, Oppenheimer dropped their target price on Coinbase Global from $227.00 to $224.00 in a report on Friday, May 8th. Eighteen investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $250.23.

Coinbase Global Price Performance

COIN stock opened at $169.62 on Tuesday. The company has a quick ratio of 2.14, a current ratio of 2.14 and a debt-to-equity ratio of 0.44. Coinbase Global, Inc. has a 52-week low of $139.36 and a 52-week high of $444.64. The stock’s 50 day moving average is $185.00 and its two-hundred day moving average is $203.34. The company has a market capitalization of $44.69 billion, a PE ratio of 63.77, a P/E/G ratio of 5.08 and a beta of 3.32.

Coinbase Global (NASDAQ:COIN) last posted its quarterly earnings data on Thursday, May 7th. The cryptocurrency exchange reported ($1.49) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by ($1.55). Coinbase Global had a return on equity of 4.16% and a net margin of 12.20%.The business had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.49 billion. During the same quarter in the prior year, the firm earned $0.24 earnings per share. Coinbase Global’s revenue for the quarter was down 30.5% compared to the same quarter last year. Analysts predict that Coinbase Global, Inc. will post 1.93 earnings per share for the current fiscal year.

More Coinbase Global News

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

• Positive Sentiment: Bitcoin’s rebound has lifted crypto-linked stocks, and Coinbase tends to move closely with BTC because higher crypto prices often drive more trading activity and better market sentiment for the exchange. Coinbase jumps as bitcoin rebound lifts crypto-linked stocks; AI-agent product launch adds to bullish tone
• Positive Sentiment: Coinbase’s new “Coinbase for Agents” AI-driven trading and payments tool is helping support the bullish case by showing product innovation beyond its core exchange business. Coinbase (COIN) Stock Valuation After AI Agents Launch And New Trust Charter Approval
• Positive Sentiment: The company also received conditional U.S. approval for a national trust company charter, which could strengthen its regulatory standing and broaden future offerings. Coinbase (COIN) Stock Valuation After AI Agents Launch And New Trust Charter Approval
• Positive Sentiment: Analyst commentary remains mostly constructive, with recent coverage including multiple Buy ratings and a generally upbeat long-term thesis tied to Coinbase’s role as a leading “everything exchange.” Is Coinbase Global, Inc. (COIN) A Good Stock To Buy Now?
• Neutral Sentiment: Several articles focused on Coinbase’s strong correlation with Bitcoin and the broader prediction-market/crypto backdrop, reinforcing that the stock is highly sensitive to digital asset moves rather than company-specific news alone. Coinbase Stock and Bitcoin: Why COIN Tracks the Coin So Closely
• Neutral Sentiment: Ongoing discussions about quantum-risk warnings, custody considerations, and Bitcoin security are notable for investors, but these are longer-term themes rather than immediate catalysts for Coinbase’s business. Bitcoin Address Reuse Warning Puts Quantum Risk Back In Focus
• Negative Sentiment: Despite recent strength, some commentary notes COIN has still been under pressure year to date and remains well below recent highs, reflecting investor caution around valuation and crypto market volatility. Prediction: Coinbase Will Trade at This Price in 2027
• Negative Sentiment: Insider selling remains a concern, with recent reporting showing multiple executives and insiders have sold COIN shares rather than buying them. Coinbase jumps as bitcoin rebound lifts crypto-linked stocks; AI-agent product launch adds to bullish tone

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.