Swedbank AB Boosts Stake in Coinbase Global, Inc. $COIN

Swedbank AB boosted its stake in shares of Coinbase Global, Inc. (NASDAQ:COIN) by 8.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 44,831 shares of the cryptocurrency exchange’s stock after buying an additional 3,311 shares during the period. Swedbank AB’s holdings in Coinbase Global were worth $10,138,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the stock. REAP Financial Group LLC purchased a new stake in shares of Coinbase Global during the 3rd quarter valued at $25,000. Palisade Asset Management LLC purchased a new stake in shares of Coinbase Global during the 3rd quarter valued at $29,000. Foster Dykema Cabot & Partners LLC purchased a new stake in shares of Coinbase Global during the 3rd quarter valued at $35,000. Cloud Capital Management LLC purchased a new stake in shares of Coinbase Global during the 3rd quarter valued at $36,000. Finally, Stephens Consulting LLC lifted its holdings in shares of Coinbase Global by 99.0% during the 4th quarter. Stephens Consulting LLC now owns 201 shares of the cryptocurrency exchange’s stock valued at $45,000 after purchasing an additional 100 shares during the last quarter. Hedge funds and other institutional investors own 68.84% of the company’s stock.

Trending Headlines about Coinbase Global

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

• Positive Sentiment: Coinbase rolled out an upgraded Direct Deposit feature for U.S. customers, allowing paycheck funds to be automatically allocated between cash and crypto. That could support recurring inflows, boost user engagement, and make it easier for retail customers to keep buying crypto through Coinbase. Coinbase Automates Crypto Investing via Upgraded Direct Deposit
• Positive Sentiment: The company also expanded its Base network into AI payments with a new MCP gateway, strengthening its push into agentic commerce, stablecoin payments, and on-chain finance. Investors may see this as evidence Coinbase is building beyond trading fees into longer-term infrastructure opportunities. Coinbase pushes further into AI payments with new MCP for Base network
• Positive Sentiment: CEO Brian Armstrong’s comments about tokenization, 24/7 markets, stablecoins, and AI-powered finance reinforce Coinbase’s strategy to become a broader financial platform, which could support a higher valuation if execution improves. Coinbase CEO’s finance wishlist mirrors company’s product roadmap
• Neutral Sentiment: Coinbase remained a heavily watched and technically range-bound stock, with traders focusing on whether recent price levels hold. This suggests the move is being driven partly by chart patterns and market sentiment rather than a single major catalyst. Stock Of The Day: Is This The New Range For Coinbase?
• Negative Sentiment: At the same time, broader crypto sentiment weakened as Bitcoin demand fell to its lowest level since December and some commentary pointed to ETF outflows, softer institutional demand, and negative Coinbase premium signals. That can weigh on Coinbase because its trading activity and investor enthusiasm are closely tied to crypto prices. Bitcoin Demand Falls To Lowest Level Since December
• Negative Sentiment: There was also fresh regulatory overhang after reports that the SEC delayed tokenized stock and blockchain asset plans, which could slow Coinbase’s expansion into tokenization and related products. Coinbase CEO Flags Huge Finance Shift As SEC Delays Blockchain Plans

Analyst Upgrades and Downgrades

Several analysts have recently commented on COIN shares. BTIG Research decreased their price objective on Coinbase Global from $340.00 to $280.00 and set a “buy” rating for the company in a report on Friday, February 13th. Canaccord Genuity Group decreased their price objective on Coinbase Global from $400.00 to $300.00 and set a “buy” rating for the company in a report on Friday, February 13th. Rosenblatt Securities reiterated a “buy” rating and set a $240.00 price objective on shares of Coinbase Global in a report on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft decreased their price objective on Coinbase Global from $206.00 to $205.00 and set a “buy” rating for the company in a report on Friday, May 8th. Finally, HC Wainwright decreased their price objective on Coinbase Global from $350.00 to $310.00 and set a “buy” rating for the company in a report on Friday, May 8th. Nineteen analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Coinbase Global has a consensus rating of “Hold” and an average price target of $252.20.

Coinbase Global Trading Down 2.7%

Shares of NASDAQ:COIN opened at $180.01 on Wednesday. The company has a quick ratio of 2.34, a current ratio of 2.34 and a debt-to-equity ratio of 0.40. Coinbase Global, Inc. has a 52-week low of $139.36 and a 52-week high of $444.64. The stock has a market cap of $47.43 billion, a price-to-earnings ratio of 67.67, a PEG ratio of 6.62 and a beta of 3.38. The business has a 50-day moving average price of $190.01 and a 200-day moving average price of $214.09.

Coinbase Global (NASDAQ:COIN) last released its earnings results on Thursday, May 7th. The cryptocurrency exchange reported ($1.49) EPS for the quarter, missing analysts’ consensus estimates of $0.06 by ($1.55). Coinbase Global had a return on equity of 4.06% and a net margin of 12.20%.The firm had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.49 billion. During the same period last year, the firm earned $0.24 EPS. The company’s revenue for the quarter was down 30.5% compared to the same quarter last year. Equities analysts predict that Coinbase Global, Inc. will post 1.72 EPS for the current year.

Insider Buying and Selling

In other news, CFO Alesia J. Haas sold 10,020 shares of the company’s stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $200.00, for a total value of $2,004,000.00. Following the sale, the chief financial officer directly owned 377,201 shares of the company’s stock, valued at $75,440,200. This represents a 2.59% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 29,990 shares of company stock worth $6,013,920. Insiders own 16.66% of the company’s stock.

Coinbase Global 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.