Rep. Gilbert Ray Cisneros, Jr. Sells Coinbase Global, Inc. (NASDAQ:COIN) Stock

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Coinbase Global, Inc. (NASDAQ:COIN). In a filing disclosed on September 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Coinbase Global stock on August 18th. 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):

• Sold $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 8/28/2026.
• Purchased $15,001 – $50,000 in shares of Quanta Services (NYSE:PWR) on 8/27/2026.
• Purchased $15,001 – $50,000 in shares of Eaton (NYSE:ETN) on 8/27/2026.
• Sold $15,001 – $50,000 in shares of NIKE (NYSE:NKE) on 8/27/2026.
• Sold $1,001 – $15,000 in shares of Phreesia (NYSE:PHR) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of Wheaton Precious Metals (NYSE:WPM) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of Walmart (NASDAQ:WMT) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 8/26/2026.
• Sold $15,001 – $50,000 in shares of Lamar Advertising (NASDAQ:LAMR) on 8/25/2026.
• Sold $1,001 – $15,000 in shares of Phreesia (NYSE:PHR) on 8/25/2026.

Coinbase Global Stock Up 1.7%

Shares of NASDAQ COIN traded up $2.98 during trading on Friday, hitting $175.26. The stock had a trading volume of 7,803,749 shares, compared to its average volume of 9,477,308. Coinbase Global, Inc. has a 12 month low of $139.11 and a 12 month high of $402.16. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.42 and a quick ratio of 2.42. The company has a market capitalization of $46.24 billion, a PE ratio of -45.64 and a beta of 3.39. The firm has a fifty day moving average of $165.43 and a two-hundred day moving average of $175.91.

Coinbase Global (NASDAQ:COIN) last released its quarterly earnings results on Thursday, July 30th. The cryptocurrency exchange reported ($1.36) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.44) by ($0.92). Coinbase Global had a negative net margin of 15.72% and a positive return on equity of 3.12%. The firm had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same period in the previous year, the business earned $5.14 earnings per share. The firm’s revenue for the quarter was down 18.5% on a year-over-year basis. As a group, equities research analysts forecast that Coinbase Global, Inc. will post -0.39 EPS for the current fiscal year.

Key Headlines Impacting Coinbase Global

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

• Positive Sentiment: Bitcoin rallied and broader risk appetite improved, providing a direct tailwind for Coinbase because trading activity, transaction revenue and investor sentiment are closely tied to crypto prices. Coinbase’s recent market-share gains and growing derivatives, stablecoin and prediction-market businesses may be reinforcing the move. Coinbase gains as bitcoin rallies and broader risk appetite improves
• Positive Sentiment: Coinbase partnered with payments infrastructure provider Moov to bring stablecoin acceptance, settlement and real-time funding to more than 1,000 U.S. community banks and credit unions. The deal could expand Coinbase’s institutional distribution and create future transaction, custody and payments revenue. Coinbase partners with Moov to boost community bank stablecoin capabilities
• Positive Sentiment: CEO Brian Armstrong said stablecoin payments could become a major growth engine and reiterated that Bitcoin could reach $400,000 by 2030. These comments support Coinbase’s long-term growth narrative, although they are projections rather than new financial results. Coinbase CEO confident stablecoin payments will fuel growth
• Positive Sentiment: Zacks upgraded Coinbase from “strong sell” to “hold,” modestly improving the recent ratings backdrop.
• Neutral Sentiment: Management said crypto regulation could advance through SEC and CFTC rulemaking even if the Senate’s CLARITY Act stalls. This reduces the risk of an outright legislative setback, but the upcoming vote remains a source of uncertainty. Coinbase and Grayscale say crypto rules will advance with or without CLARITY
• Neutral Sentiment: Morgan Stanley initiated coverage at Equal Weight with a $250 price target, recognizing Coinbase’s broader “Everything Exchange” strategy while warning that earnings remain highly exposed to crypto-market volatility. Morgan Stanley rates Coinbase as Hold equivalent
• Negative Sentiment: Director Marc Andreessen sold approximately $2.5 million of COIN under a pre-arranged Rule 10b5-1 plan. The transaction was relatively small compared with his remaining stake but may weigh modestly on sentiment. SEC insider transaction filing
• Negative Sentiment: Coinbase’s latest quarter showed an EPS and revenue miss, with revenue declining year over year, highlighting the company’s continuing sensitivity to crypto-cycle weakness and trading volumes.
• Negative Sentiment: Reports that White House adviser Kevin Hassett held up to $5 million in Coinbase shares while involved in crypto-policy discussions could renew conflict-of-interest and regulatory scrutiny concerns. Hassett kept Coinbase stake as crypto policy changed

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Citigroup reiterated a “market outperform” rating on shares of Coinbase Global in a research note on Friday, July 31st. Mizuho set a $155.00 target price on Coinbase Global in a research note on Friday, July 31st. Canaccord Genuity Group reaffirmed a “buy” rating and set a $300.00 price target on shares of Coinbase Global in a research report on Friday, July 31st. Compass Point reiterated a “sell” rating on shares of Coinbase Global in a report on Monday, June 1st. Finally, B. Riley Financial dropped their price target on Coinbase Global from $243.00 to $203.00 and set a “neutral” rating on the stock in a report on Monday, June 1st. Eighteen equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $218.74.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Sequoia Financial Advisors LLC increased its position in Coinbase Global by 185.5% in the second quarter. Sequoia Financial Advisors LLC now owns 25,507 shares of the cryptocurrency exchange’s stock worth $3,729,000 after buying an additional 16,572 shares during the last quarter. Whetstone Capital Advisors LLC lifted its position in shares of Coinbase Global by 86.3% during the 2nd quarter. Whetstone Capital Advisors LLC now owns 47,048 shares of the cryptocurrency exchange’s stock valued at $6,878,000 after buying an additional 21,788 shares during the last quarter. National Pension Service grew its stake in shares of Coinbase Global by 117.1% during the 2nd quarter. National Pension Service now owns 641,518 shares of the cryptocurrency exchange’s stock worth $93,784,000 after acquiring an additional 346,045 shares during the period. Engineers Gate Manager LP bought a new position in shares of Coinbase Global during the 2nd quarter worth $417,000. Finally, Integrated Wealth Concepts LLC increased its holdings in Coinbase Global by 111.2% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 11,585 shares of the cryptocurrency exchange’s stock worth $1,694,000 after acquiring an additional 6,100 shares during the last quarter. 68.84% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Coinbase Global news, Director Marc L. Andreessen sold 13,676 shares of the stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $181.14, for a total transaction of $2,477,270.64. Following the completion of the transaction, the director owned 1,136,324 shares in the company, valued at $205,833,729.36. This trade represents a 1.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Jennifer N. Jones sold 2,062 shares of Coinbase Global stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $188.75, for a total transaction of $389,202.50. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 70,806 shares of company stock valued at $11,307,687. 16.66% of the stock is owned by insiders.

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.

About Coinbase Global

Coinbase Global, Inc operates a digital asset and cryptocurrency platform serving retail users, institutions, developers and ecosystem partners. Through its exchange, customers can buy, sell, convert, store and transfer a range of cryptocurrencies and other digital assets. The company also provides an advanced trading platform for more experienced users and services designed for institutional trading and market access.

Its product offerings include custodial services, institutional prime brokerage and custody, staking services, a self-custody wallet, and tools that enable developers and businesses to build applications using blockchain networks.