Ieq Capital LLC Raises Stake in Coinbase Global, Inc. $COIN

Ieq Capital LLC boosted its holdings in shares of Coinbase Global, Inc. (NASDAQ:COIN) by 1.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 400,189 shares of the cryptocurrency exchange’s stock after purchasing an additional 4,786 shares during the period. Ieq Capital LLC owned approximately 0.15% of Coinbase Global worth $90,499,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. West Family Investments Inc. raised its position in Coinbase Global by 3.3% during the third quarter. West Family Investments Inc. now owns 1,029 shares of the cryptocurrency exchange’s stock worth $347,000 after acquiring an additional 33 shares during the last quarter. GW&K Investment Management LLC raised its position in Coinbase Global by 32.2% during the third quarter. GW&K Investment Management LLC now owns 152 shares of the cryptocurrency exchange’s stock worth $51,000 after acquiring an additional 37 shares during the last quarter. Bridgewater Advisors Inc. raised its position in Coinbase Global by 1.2% during the third quarter. Bridgewater Advisors Inc. now owns 3,307 shares of the cryptocurrency exchange’s stock worth $1,116,000 after acquiring an additional 38 shares during the last quarter. Formidable Asset Management LLC raised its position in Coinbase Global by 2.2% during the fourth quarter. Formidable Asset Management LLC now owns 2,074 shares of the cryptocurrency exchange’s stock worth $469,000 after acquiring an additional 44 shares during the last quarter. Finally, L2 Asset Management LLC raised its position in Coinbase Global by 5.0% during the third quarter. L2 Asset Management LLC now owns 965 shares of the cryptocurrency exchange’s stock worth $326,000 after acquiring an additional 46 shares during the last quarter. Hedge funds and other institutional investors own 68.84% of the company’s stock.

Insiders Place Their Bets

In other news, insider Lawrence J. Brock sold 6,616 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $189.01, for a total value of $1,250,490.16. Following the completion of the transaction, the insider owned 517 shares of the company’s stock, valued at $97,718.17. The trade was a 92.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frederick R. Wilson sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $181.54, for a total transaction of $1,815,400.00. Following the transaction, the director directly owned 30,000 shares of the company’s stock, valued at $5,446,200. This trade represents a 25.00% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 40,597 shares of company stock valued at $7,746,861. 16.66% of the stock is currently owned by insiders.

Coinbase Global Stock Performance

NASDAQ:COIN opened at $159.78 on Friday. The firm has a 50 day simple moving average of $185.04 and a 200-day simple moving average of $204.30. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.14 and a quick ratio of 2.14. The firm has a market cap of $42.10 billion, a PE ratio of 60.07, a P/E/G ratio of 5.10 and a beta of 3.32. Coinbase Global, Inc. has a 1-year low of $139.36 and a 1-year high of $444.64.

Coinbase Global (NASDAQ:COIN) last posted 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). The firm had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.49 billion. Coinbase Global had a net margin of 12.20% and a return on equity of 4.16%. The business’s quarterly revenue was down 30.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.24 EPS. On average, equities analysts expect that Coinbase Global, Inc. will post 1.93 EPS for the current year.

Key Coinbase Global News

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

• Positive Sentiment: Coinbase launched Coinbase for Agents, a new AI tool that lets models like ChatGPT and Claude trade crypto, make payments, and execute strategies on users’ behalf. Investors may view this as a potential new revenue driver and a way for Coinbase to become a key platform for autonomous finance. Cointelegraph article
• Positive Sentiment: Coinbase also rolled out an AI-powered trading platform for autonomous agents, reinforcing the company’s push into agentic commerce and potentially broadening user engagement. Blockonomi article
• Positive Sentiment: Mastercard selected Coinbase as part of an AI agent payments initiative, which could help validate Coinbase’s infrastructure and expand its role in emerging machine-to-machine payment rails. Yahoo Finance article
• Positive Sentiment: Coinbase and MassPay announced a stablecoin-powered payout partnership spanning 180 countries, pointing to growing enterprise use of USDC and broader adoption of Coinbase-linked payment infrastructure. Cointelegraph article
• Positive Sentiment: Circle moved a record $4.4 billion in USDC to a Coinbase-linked wallet, underscoring Coinbase’s central role in stablecoin settlement and treasury flows on-chain. Blockonomi article
• Neutral Sentiment: Coinbase’s Quantum Advisory Council warned that Bitcoin may face future quantum-related risks, but this is more of a long-term industry issue than a direct near-term catalyst for COIN. NewsBTC article
• Neutral Sentiment: Bernstein suggested the 2026 World Cup could boost prediction markets and potentially benefit Coinbase through new user activity, but this is still speculative and depends on broader market adoption. Cointelegraph article

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on COIN shares. Needham & Company LLC cut their target price on shares of Coinbase Global from $230.00 to $220.00 and set a “buy” rating for the company in a research report on Friday, May 8th. UBS Group set a $264.00 target price on shares of Coinbase Global in a research report on Friday, February 13th. Citizens Jmp cut their target price on shares of Coinbase Global from $400.00 to $355.00 and set a “market outperform” rating for the company in a research report on Friday, April 10th. China Renaissance cut their price objective on shares of Coinbase Global from $301.50 to $223.20 and set a “buy” rating for the company in a research report on Monday, February 23rd. Finally, Robert W. Baird cut their price objective on shares of Coinbase Global from $160.00 to $142.00 and set a “neutral” rating for the company in a research report on Friday, June 5th. Eighteen 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. According to MarketBeat.com, Coinbase Global presently has an average rating of “Hold” and an average price target of $250.23.

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.