Rep. Gilbert Ray Cisneros, Jr. Buys Coinbase Global, Inc. (NASDAQ:COIN) Shares

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of Coinbase Global, Inc. (NASDAQ:COIN). In a filing disclosed on November 18th, the Representative disclosed that they had bought between $1,001 and $15,000 in Coinbase Global stock on October 17th.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

  • Purchased $1,001 – $15,000 in shares of CommVault Systems (NASDAQ:CVLT) on 11/3/2025.
  • Sold $1,001 – $15,000 in shares of The Descartes Systems Group (NASDAQ:DSGX) on 11/3/2025.
  • Purchased $1,001 – $15,000 in shares of Cohen & Steers (NYSE:CNS) on 10/30/2025.
  • Purchased $1,001 – $15,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 10/30/2025.
  • Sold $1,001 – $15,000 in shares of UFP Industries (NASDAQ:UFPI) on 10/30/2025.
  • Purchased $1,001 – $15,000 in shares of Enerpac Tool Group (NYSE:EPAC) on 10/30/2025.
  • Sold $1,001 – $15,000 in shares of Sterling Infrastructure (NASDAQ:STRL) on 10/30/2025.
  • Purchased $1,001 – $15,000 in shares of Tencent (OTC:TCTZF) on 10/21/2025.
  • Purchased $1,001 – $15,000 in shares of Mitsubishi Heavy Industries (OTCMKTS:MHVYF) on 10/21/2025.
  • Purchased $1,001 – $15,000 in shares of Iberdrola (OTCMKTS:IBDSF) on 10/21/2025.

Coinbase Global Price Performance

COIN stock traded down $19.13 during trading on Thursday, hitting $238.16. The stock had a trading volume of 15,449,132 shares, compared to its average volume of 10,313,274. Coinbase Global, Inc. has a twelve month low of $142.58 and a twelve month high of $444.64. The company’s 50-day moving average price is $328.69 and its two-hundred day moving average price is $315.18. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.40 and a quick ratio of 2.40. The stock has a market capitalization of $64.22 billion, a P/E ratio of 20.60 and a beta of 3.67.

Coinbase Global (NASDAQ:COINGet Free Report) last announced its earnings results on Thursday, October 30th. The cryptocurrency exchange reported $1.44 EPS for the quarter, beating analysts’ consensus estimates of $1.04 by $0.40. The business had revenue of $1.87 billion during the quarter, compared to analysts’ expectations of $1.77 billion. Coinbase Global had a return on equity of 15.70% and a net margin of 41.99%.The business’s revenue was up 55.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.28 earnings per share. As a group, research analysts predict that Coinbase Global, Inc. will post 7.22 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, COO Emilie Choi sold 100,000 shares of the firm’s stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of $310.88, for a total transaction of $31,088,000.00. Following the completion of the transaction, the chief operating officer directly owned 187,802 shares in the company, valued at $58,383,885.76. This trade represents a 34.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Brian Armstrong sold 40,000 shares of Coinbase Global stock in a transaction on Monday, November 17th. The shares were sold at an average price of $271.87, for a total value of $10,874,800.00. The SEC filing for this sale provides additional information. Insiders have sold 762,830 shares of company stock worth $237,203,979 over the last ninety days. Corporate insiders own 17.65% of the company’s stock.

Analysts Set New Price Targets

COIN has been the topic of a number of research reports. Rothschild & Co Redburn upgraded Coinbase Global from a “neutral” rating to a “buy” rating and raised their price objective for the company from $325.00 to $417.00 in a report on Friday, October 3rd. Williams Trading set a $405.00 price target on shares of Coinbase Global in a research note on Thursday, July 31st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Coinbase Global in a research note on Tuesday, October 14th. Mizuho increased their price objective on shares of Coinbase Global from $300.00 to $320.00 and gave the company a “neutral” rating in a report on Friday, October 31st. Finally, Erste Group Bank cut Coinbase Global from a “buy” rating to a “hold” rating in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $399.94.

Read Our Latest Stock Report on COIN

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its stake in Coinbase Global by 25.5% during the second quarter. Vanguard Group Inc. now owns 24,208,863 shares of the cryptocurrency exchange’s stock worth $8,484,964,000 after buying an additional 4,914,407 shares during the period. Norges Bank acquired a new position in shares of Coinbase Global in the 2nd quarter worth approximately $1,044,354,000. Geode Capital Management LLC boosted its position in shares of Coinbase Global by 46.1% during the 2nd quarter. Geode Capital Management LLC now owns 5,559,513 shares of the cryptocurrency exchange’s stock worth $1,940,805,000 after purchasing an additional 1,755,146 shares during the period. Groupama Asset Managment boosted its position in shares of Coinbase Global by 100.0% during the 1st quarter. Groupama Asset Managment now owns 3,000,000 shares of the cryptocurrency exchange’s stock worth $516,690,000 after purchasing an additional 1,500,000 shares during the period. Finally, Artisan Partners Limited Partnership acquired a new stake in Coinbase Global in the 3rd quarter valued at approximately $224,663,000. 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

(Get Free Report)

Coinbase Global, Inc provides financial infrastructure and technology for the crypto economy in the United States and internationally. The company offers the primary financial account in the crypto economy for consumers; and a marketplace with a pool of liquidity for transacting in crypto assets for institutions.

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