Rep. Gilbert Ray Cisneros, Jr. Purchases Shares of Coinbase Global, Inc. (NASDAQ:COIN)

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of Coinbase Global, Inc. (NASDAQ:COIN). In a filing disclosed on November 18th, the Representative disclosed that they had bought between $1,001 and $15,000 in Coinbase Global stock on October 9th. 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 $1,001 – $15,000 in shares of CommVault Systems (NASDAQ:CVLT) on 11/3/2025.
• Sold $1,001 – $15,000 in shares of The Descartes Systems Group (NASDAQ:DSGX) on 11/3/2025.
• Purchased $1,001 – $15,000 in shares of Cohen & Steers (NYSE:CNS) on 10/30/2025.
• Purchased $1,001 – $15,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 10/30/2025.
• Sold $1,001 – $15,000 in shares of UFP Industries (NASDAQ:UFPI) on 10/30/2025.
• Purchased $1,001 – $15,000 in shares of Enerpac Tool Group (NYSE:EPAC) on 10/30/2025.
• Sold $1,001 – $15,000 in shares of Sterling Infrastructure (NASDAQ:STRL) on 10/30/2025.
• Purchased $1,001 – $15,000 in shares of Tencent (OTC:TCTZF) on 10/21/2025.
• Purchased $1,001 – $15,000 in shares of Mitsubishi Heavy Industries (OTCMKTS:MHVYF) on 10/21/2025.
• Purchased $1,001 – $15,000 in shares of Iberdrola (OTCMKTS:IBDSF) on 10/21/2025.

Coinbase Global Stock Up 6.5%

Coinbase Global stock traded up $15.56 during mid-day trading on Monday, reaching $255.97. The company’s stock had a trading volume of 9,867,174 shares, compared to its average volume of 10,966,625. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.40 and a current ratio of 2.40. Coinbase Global, Inc. has a 12 month low of $142.58 and a 12 month high of $444.64. The business’s 50 day simple moving average is $327.03 and its 200 day simple moving average is $317.14. The company has a market capitalization of $69.02 billion, a price-to-earnings ratio of 22.14 and a beta of 3.67.

Coinbase Global (NASDAQ:COIN) last posted its quarterly earnings results on Thursday, October 30th. The cryptocurrency exchange reported $1.44 earnings per share for the quarter, beating analysts’ consensus estimates of $1.04 by $0.40. Coinbase Global had a return on equity of 15.70% and a net margin of 41.99%.The firm had revenue of $1.87 billion during the quarter, compared to the consensus estimate of $1.77 billion. During the same period last year, the company earned $0.28 earnings per share. The business’s revenue was up 55.1% compared to the same quarter last year. As a group, research analysts anticipate that Coinbase Global, Inc. will post 7.22 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms recently weighed in on COIN. JPMorgan Chase & Co. dropped their price target on Coinbase Global from $404.00 to $399.00 and set an “overweight” rating on the stock in a research note on Friday, October 31st. The Goldman Sachs Group decreased their price objective on shares of Coinbase Global from $368.00 to $314.00 and set a “neutral” rating on the stock in a report on Friday. Barclays cut their target price on shares of Coinbase Global from $361.00 to $357.00 and set an “equal weight” rating for the company in a research note on Friday, October 31st. Williams Trading set a $405.00 price target on shares of Coinbase Global in a research note on Thursday, July 31st. Finally, Rothschild & Co Redburn upgraded shares of Coinbase Global from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $325.00 to $417.00 in a research report on Friday, October 3rd. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $398.08.

Insider Transactions at Coinbase Global

In related news, Director Frederick Ernest Ehrsam III sold 277,074 shares of the stock in a transaction that occurred on Thursday, November 6th. The shares were sold at an average price of $309.92, for a total value of $85,870,774.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Emilie Choi sold 100,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $310.88, for a total transaction of $31,088,000.00. Following the completion of the sale, the chief operating officer owned 187,802 shares in the company, valued at $58,383,885.76. This represents a 34.75% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 743,351 shares of company stock valued at $230,981,594. 23.43% of the stock is currently owned by insiders.

Institutional Trading of Coinbase Global

Several large investors have recently made changes to their positions in the company. Cadent Capital Advisors LLC lifted its stake in Coinbase Global by 1.0% during the second quarter. Cadent Capital Advisors LLC now owns 3,162 shares of the cryptocurrency exchange’s stock worth $1,108,000 after purchasing an additional 30 shares during the last quarter. Ameriflex Group Inc. raised its holdings in shares of Coinbase Global by 20.0% during the 2nd quarter. Ameriflex Group Inc. now owns 180 shares of the cryptocurrency exchange’s stock worth $68,000 after buying an additional 30 shares in the last quarter. Capital Advisors Wealth Management LLC lifted its position in shares of Coinbase Global by 2.0% during the 3rd quarter. Capital Advisors Wealth Management LLC now owns 1,549 shares of the cryptocurrency exchange’s stock worth $523,000 after buying an additional 30 shares during the last quarter. Elevation Wealth Partners LLC lifted its position in shares of Coinbase Global by 37.6% during the 3rd quarter. Elevation Wealth Partners LLC now owns 117 shares of the cryptocurrency exchange’s stock worth $39,000 after buying an additional 32 shares during the last quarter. Finally, West Family Investments Inc. boosted its stake in Coinbase Global by 3.3% in the third quarter. West Family Investments Inc. now owns 1,029 shares of the cryptocurrency exchange’s stock valued at $347,000 after buying an additional 33 shares in the last quarter. Institutional investors and hedge funds own 68.84% of the company’s stock.

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 provides financial infrastructure and technology for the crypto economy in the United States and internationally. The company offers the primary financial account in the crypto economy for consumers; and a marketplace with a pool of liquidity for transacting in crypto assets for institutions.