F m Investments LLC Invests $1.19 Million in Coinbase Global, Inc. $COIN

F m Investments LLC acquired a new position in shares of Coinbase Global, Inc. (NASDAQ:COIN) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 5,269 shares of the cryptocurrency exchange’s stock, valued at approximately $1,192,000.

A number of other institutional investors and hedge funds have also made changes to their positions in COIN. Vanguard Group Inc. grew its position in shares of Coinbase Global by 8.3% during the third quarter. Vanguard Group Inc. now owns 26,216,793 shares of the cryptocurrency exchange’s stock worth $8,847,905,000 after buying an additional 2,007,930 shares in the last quarter. Ruffer LLP acquired a new position in shares of Coinbase Global during the fourth quarter worth about $166,515,000. Artisan Partners Limited Partnership acquired a new position in shares of Coinbase Global during the third quarter worth about $224,663,000. Baillie Gifford & Co. acquired a new position in shares of Coinbase Global during the third quarter worth about $198,249,000. Finally, Rakuten Investment Management Inc. acquired a new position in shares of Coinbase Global during the third quarter worth about $157,015,000. 68.84% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Coinbase Global news, CFO Alesia J. Haas sold 10,020 shares of the business’s 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 sale, the chief financial officer owned 377,201 shares in the company, valued at approximately $75,440,200. The trade was a 2.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 29,990 shares of company stock valued at $6,013,920 in the last three months. 16.66% of the stock is currently owned by insiders.

Coinbase Global Price Performance

Shares of NASDAQ COIN opened at $201.16 on Monday. The company has a current ratio of 2.34, a quick 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 stock has a 50 day moving average of $189.05 and a two-hundred day moving average of $226.92. The stock has a market cap of $53.12 billion, a P/E ratio of 75.62, a P/E/G ratio of 4.54 and a beta of 3.38.

Coinbase Global (NASDAQ:COIN) last issued its quarterly earnings data on Thursday, May 7th. The cryptocurrency exchange reported ($1.49) earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by ($1.55). Coinbase Global had a net margin of 12.20% and a return on equity of 4.06%. The firm had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.49 billion. During the same quarter in the prior year, the firm posted $0.24 EPS. Coinbase Global’s quarterly revenue was down 30.5% compared to the same quarter last year. On average, research analysts forecast that Coinbase Global, Inc. will post 2.78 earnings per share for the current year.

Key Headlines Impacting Coinbase Global

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

• Positive Sentiment: Coinbase is expanding beyond spot crypto with new products, including gold and silver perpetual futures, prediction markets, and AI-agent payment infrastructure, which supports its “everything exchange” strategy.
• Positive Sentiment: The company and AWS/Stripe announced AI-agent payment capabilities using USDC, reinforcing Coinbase’s role in stablecoin and blockchain infrastructure growth.
• Positive Sentiment: Some analysts remain constructive, saying Coinbase could benefit from the CLARITY Act and revenue diversification even after trimming price targets. Article Title
• Neutral Sentiment: Coinbase reported record market share and strong derivatives traction, suggesting its platform is still gaining relevance even as overall trading volumes slow.
• Neutral Sentiment: Coinbase resumed trading after a roughly seven-hour AWS-related outage, but the incident highlighted operational risk rather than a permanent business issue.
• Negative Sentiment: Several Wall Street firms cut price targets after the earnings miss, reflecting lower near-term expectations for trading revenue and profits.
• Negative Sentiment: The AWS outage disrupted Coinbase’s trading services and may have added to investor frustration around platform reliability.
• Negative Sentiment: Coinbase also announced layoffs and an AI-driven restructuring, underscoring cost pressure and a tougher demand backdrop for its core business.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. Mizuho lowered their price objective on Coinbase Global from $280.00 to $170.00 and set a “neutral” rating for the company in a research report on Tuesday, February 17th. BTIG Research lowered their price target on Coinbase Global from $340.00 to $280.00 and set a “buy” rating for the company in a report on Friday, February 13th. Robert W. Baird lowered their price target on Coinbase Global from $200.00 to $160.00 in a report on Friday. Needham & Company LLC lowered their price target on Coinbase Global from $230.00 to $220.00 and set a “buy” rating for the company in a report on Friday. Finally, Compass Point lowered their price target on Coinbase Global from $190.00 to $140.00 and set a “sell” rating for the company in a report on Friday, February 20th. Nineteen investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $250.04.

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.