Teacher Retirement System of Texas Trims Stock Position in Coinbase Global, Inc. $COIN

Teacher Retirement System of Texas cut its holdings in Coinbase Global, Inc. (NASDAQ:COIN) by 6.7% during the 3rd quarter, Holdings Channel reports. The fund owned 56,500 shares of the cryptocurrency exchange’s stock after selling 4,052 shares during the period. Teacher Retirement System of Texas’ holdings in Coinbase Global were worth $19,068,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Evelyn Partners Investment Management Europe Ltd grew its stake in shares of Coinbase Global by 92.3% during the 2nd quarter. Evelyn Partners Investment Management Europe Ltd now owns 75 shares of the cryptocurrency exchange’s stock valued at $29,000 after acquiring an additional 36 shares during the period. Cullen Frost Bankers Inc. purchased a new position in Coinbase Global during the second quarter valued at approximately $30,000. Salomon & Ludwin LLC lifted its holdings in Coinbase Global by 4,400.0% during the third quarter. Salomon & Ludwin LLC now owns 90 shares of the cryptocurrency exchange’s stock valued at $30,000 after purchasing an additional 88 shares in the last quarter. City State Bank purchased a new stake in shares of Coinbase Global in the second quarter worth $33,000. Finally, Financial Gravity Companies Inc. bought a new stake in shares of Coinbase Global during the 2nd quarter valued at $34,000. Institutional investors own 68.84% of the company’s stock.

Coinbase Global Stock Performance

NASDAQ COIN opened at $216.95 on Friday. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.40 and a quick ratio of 2.40. Coinbase Global, Inc. has a 1-year low of $142.58 and a 1-year high of $444.64. The business has a 50 day simple moving average of $249.62 and a two-hundred day simple moving average of $306.95. The stock has a market capitalization of $58.50 billion, a PE ratio of 18.77 and a beta of 3.70.

Coinbase Global (NASDAQ:COIN) last posted 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. Coinbase Global had a return on equity of 15.70% and a net margin of 41.99%.The firm had revenue of $1.87 billion during the quarter, compared to the consensus estimate of $1.77 billion. During the same period in the prior year, the company earned $0.28 EPS. The company’s quarterly revenue was up 55.1% compared to the same quarter last year. On average, research analysts predict that Coinbase Global, Inc. will post 7.22 EPS for the current fiscal year.

Coinbase Global News Summary

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

• Positive Sentiment: Launched an independent expert board to assess quantum?computing threats and publish guidance — a proactive security move that reduces long-term systemic risk for Coinbase and crypto infrastructure. Coinbase forms board to assess quantum computing risks to blockchain
• Positive Sentiment: Coinbase says crypto entered 2026 with a healthier market structure — a messaging point that could support higher trading volumes and investor confidence if market conditions hold. Coinbase Says Crypto Enters 2026 With Healthier Market Structure
• Positive Sentiment: Announced support with Circle to create an on?chain economy in Bermuda — a business development that could expand product reach and regulatory experimentation outside the U.S. Coinbase, Circle Announce Support To Create World’s First ‘On-Chain Economy’ For Bermuda
• Neutral Sentiment: CEO Brian Armstrong publicly debated central?bank vs. Bitcoin roles at Davos — high profile but more reputational than immediately financial. Coinbase CEO Brian Armstrong spars with France’s Central Bank chief at Davos over yield and ‘bitcoin standard’
• Neutral Sentiment: Coverage comparing shorting mechanics across Binance, Coinbase and Robinhood — informative for traders but not a direct company catalyst. Shorting Crypto on Binance, Coinbase, and Robinhood Compared
• Neutral Sentiment: Coinbase exec clarified Bitcoin’s structural differences versus central banks — supports narrative positioning but limited immediate market impact. Coinbase Exec Points Out The Big Difference Between Bitcoin And Central Banks
• Negative Sentiment: Delay in a key crypto market?structure bill triggered White House pushback after Coinbase’s intervention — prolongs regulatory uncertainty, which investors view as a near?term headwind for U.S. crypto revenues and product rollout. Crypto Bill Delay Sparks White House Pushback After Coinbase Intervention
• Negative Sentiment: Analysis flags COIN’s recent share weakness (10.2% decline over five sessions) and questions resilience if markets fall — amplifies short?term selling pressure amid geopolitical/regulatory concerns. If Markets Fall, How Resilient Is Coinbase Stock?
• Negative Sentiment: Senate committee delays the crypto market?structure bill (competing priorities cited) — another sign regulatory clarity could be slower than investors hoped. Senate Banking Committee Delays Crypto Market Structure Bill Due to Housing Priorities

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Argus reiterated a “hold” rating on shares of Coinbase Global in a research note on Tuesday, November 25th. Citigroup reiterated a “market outperform” rating on shares of Coinbase Global in a research report on Thursday, December 18th. Wall Street Zen cut Coinbase Global from a “hold” rating to a “sell” rating in a report on Saturday, November 22nd. HC Wainwright upgraded Coinbase Global from a “sell” rating to a “buy” rating and upped their price target for the stock from $300.00 to $425.00 in a research note on Thursday, October 30th. Finally, Mizuho set a $280.00 price objective on shares of Coinbase Global in a research report on Tuesday, December 16th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $361.58.

Insider Buying and Selling at Coinbase Global

In related news, COO Emilie Choi sold 100,000 shares of the stock in a transaction dated Tuesday, November 11th. The shares were sold at an average price of $310.88, for a total value of $31,088,000.00. Following the completion of the transaction, the chief operating officer owned 187,802 shares of the company’s stock, valued at approximately $58,383,885.76. This trade represents a 34.75% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Frederick Ernest Ehrsam III sold 277,074 shares of the business’s stock in a transaction that occurred on Thursday, November 6th. The stock was sold at an average price of $309.92, for a total value of $85,870,774.08. The SEC filing for this sale provides additional information. Insiders sold 820,587 shares of company stock worth $240,717,580 over the last 90 days. 16.56% of the stock is owned by insiders.

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.