Coinbase Global (NASDAQ:COIN) Shares Acquired 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 May 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in Coinbase Global stock on April 14th. 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 Revvity (NYSE:RVTY) on 5/1/2026.
• Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 5/1/2026.
• Sold $1,001 – $15,000 in shares of SS&C Technologies (NASDAQ:SSNC) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Wayfair (NYSE:W) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of STERIS (NYSE:STE) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Sensata Technologies (NYSE:ST) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Veralto (NYSE:VLTO) on 5/1/2026.

Coinbase Global Trading Down 4.1%

NASDAQ COIN traded down $8.96 on Tuesday, hitting $207.64. 9,481,272 shares of the stock were exchanged, compared to its average volume of 11,691,727. 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 stock has a fifty day moving average price of $190.10 and a two-hundred day moving average price of $225.06. The firm has a market capitalization of $54.83 billion, a P/E ratio of 78.06, a P/E/G ratio of 4.54 and a beta of 3.38. Coinbase Global, Inc. has a 52-week low of $139.36 and a 52-week high of $444.64.

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

Trending Headlines about Coinbase Global

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

• Positive Sentiment: Several Wall Street firms remain constructive on Coinbase, including President Capital raising its price target to $264 with a buy rating, and H.C. Wainwright reiterating a buy rating and $310 target despite trimming estimates. These updates suggest some analysts still see significant upside. Article Title Article Title
• Positive Sentiment: Needham also reiterated a buy on Coinbase and set a $300 target, citing growing market share and stablecoin leadership, reinforcing the bullish case that Coinbase can benefit if crypto activity and stablecoin adoption keep expanding. Article Title
• Positive Sentiment: CME’s move to 24/7 crypto futures trading is seen as a step toward broader digital-asset settlement infrastructure, which could support more institutional crypto activity and indirectly benefit major trading venues like Coinbase. Article Title
• Neutral Sentiment: The Senate Banking Committee released draft CLARITY Act text with stablecoin and crypto provisions ahead of a hearing. While regulatory clarity could eventually help Coinbase, the market reaction so far has been mixed, with crypto prices easing. Article Title
• Neutral Sentiment: Coinbase continues to receive attention for its crypto ecosystem efforts, including support for tokenization on Base, but these stories are more long-term strategic than immediate stock movers. Article Title
• Negative Sentiment: H.C. Wainwright sharply cut its 2026 earnings estimates after Coinbase’s weaker-than-expected first quarter, highlighting near-term profit pressure even while keeping a buy rating. Lower earnings expectations can weigh on the stock. Article Title
• Negative Sentiment: Labor unions and banking groups have publicly opposed the Senate’s crypto Clarity Act over concerns about retirement-account exposure and stablecoin rules. That opposition adds regulatory uncertainty for Coinbase’s policy backdrop. Article Title

Analyst Ratings Changes

Several equities research analysts have commented on the company. Barclays lowered their price objective on Coinbase Global from $140.00 to $107.00 and set an “underweight” rating on the stock in a research report on Friday. Monness Crespi & Hardt restated a “sell” rating and issued a $110.00 price objective (down from $115.00) on shares of Coinbase Global in a research report on Friday. Bank of America lowered their price objective on Coinbase Global from $288.00 to $234.00 in a research report on Thursday, April 2nd. Rosenblatt Securities reiterated a “buy” rating and issued a $240.00 price objective on shares of Coinbase Global in a research report on Wednesday, May 6th. Finally, 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 research report on Friday. Nineteen research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $251.91.

Insider Transactions at Coinbase Global

In related news, CFO Alesia J. Haas sold 10,020 shares of the business’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $200.00, for a total transaction of $2,004,000.00. Following the completion of the transaction, the chief financial officer directly owned 397,171 shares of the company’s stock, valued at $79,434,200. The trade was a 2.46% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Over the last quarter, insiders sold 29,990 shares of company stock worth $6,013,920. 16.66% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Coinbase Global

Several large investors have recently made changes to their positions in COIN. REAP Financial Group LLC acquired a new position in Coinbase Global during the third quarter worth $25,000. Palisade Asset Management LLC purchased a new stake in shares of Coinbase Global in the 3rd quarter valued at $29,000. Foster Dykema Cabot & Partners LLC acquired a new position in Coinbase Global during the 3rd quarter worth about $35,000. Cloud Capital Management LLC acquired a new position in Coinbase Global during the 3rd quarter worth about $36,000. Finally, MV Capital Management Inc. acquired a new position in Coinbase Global during the 4th quarter worth about $27,000. 68.84% of the stock is currently owned by institutional investors and hedge funds.

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.