NFSG Corp Acquires 11,165 Shares of Coinbase Global, Inc. $COIN

NFSG Corp raised its holdings in shares of Coinbase Global, Inc. (NASDAQ:COIN) by 357.1% during the 1st quarter, HoldingsChannel reports. The fund owned 14,292 shares of the cryptocurrency exchange’s stock after acquiring an additional 11,165 shares during the quarter. NFSG Corp’s holdings in Coinbase Global were worth $2,496,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Norges Bank bought a new position in shares of Coinbase Global during the 4th quarter valued at approximately $656,744,000. Capital World Investors raised its stake in Coinbase Global by 847.2% during the 4th quarter. Capital World Investors now owns 1,536,534 shares of the cryptocurrency exchange’s stock worth $347,472,000 after acquiring an additional 1,374,318 shares during the period. Ruffer LLP bought a new stake in Coinbase Global during the 4th quarter worth approximately $166,515,000. Janus Henderson Group PLC lifted its holdings in Coinbase Global by 2,597.8% during the fourth quarter. Janus Henderson Group PLC now owns 549,304 shares of the cryptocurrency exchange’s stock valued at $124,221,000 after purchasing an additional 528,943 shares in the last quarter. Finally, Cria Inc. purchased a new position in Coinbase Global during the fourth quarter valued at approximately $111,184,000. Hedge funds and other institutional investors own 68.84% of the company’s stock.

Coinbase Global Price Performance

Shares of NASDAQ:COIN opened at $161.50 on Wednesday. The firm has a market cap of $42.55 billion, a price-to-earnings ratio of 60.71, a P/E/G ratio of 6.04 and a beta of 3.35. The firm has a fifty day moving average price of $172.55 and a 200 day moving average price of $188.33. Coinbase Global, Inc. has a fifty-two week low of $139.18 and a fifty-two week high of $444.64. The company has a debt-to-equity ratio of 0.44, a quick ratio of 2.14 and a current ratio of 2.14.

Coinbase Global (NASDAQ:COIN) last announced its quarterly earnings results on Thursday, May 7th. The cryptocurrency exchange reported ($1.49) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.06 by ($1.55). The company had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.49 billion. Coinbase Global had a net margin of 12.20% and a return on equity of 4.16%. The business’s revenue was down 30.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.24 earnings per share. As a group, sell-side analysts expect that Coinbase Global, Inc. will post 1.75 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

COIN has been the subject of a number of analyst reports. Rothschild & Co Redburn increased their price objective on shares of Coinbase Global from $254.00 to $263.00 and gave the stock a “buy” rating in a research note on Thursday, May 14th. President Capital lifted their target price on shares of Coinbase Global from $236.00 to $264.00 and gave the company a “buy” rating in a research note on Tuesday, May 12th. Benchmark reaffirmed a “buy” rating and issued a $270.00 target price on shares of Coinbase Global in a report on Wednesday, June 17th. Needham & Company LLC reiterated a “buy” rating and issued a $220.00 price target on shares of Coinbase Global in a research note on Wednesday, June 17th. Finally, Wedbush set a $224.00 price target on Coinbase Global in a report on Friday, May 8th. Eighteen analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, Coinbase Global currently has an average rating of “Hold” and a consensus price target of $246.36.

Insider Transactions at Coinbase Global

In other news, Director Frederick R. Wilson sold 10,000 shares of Coinbase Global stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $159.09, for a total value of $1,590,900.00. Following the sale, the director directly owned 20,000 shares of the company’s stock, valued at approximately $3,181,800. The trade was a 33.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Jennifer N. Jones sold 2,051 shares of the business’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $158.15, for a total value of $324,365.65. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 40,647 shares of company stock valued at $7,331,841. 16.66% of the stock is owned by insiders.

Trending Headlines about Coinbase Global

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

• Positive Sentiment: US Tiger Securities upgraded Coinbase (COIN) to Buy with a $200 price target, reinforcing a constructive view on Bitcoin-related exposure and Coinbase’s business outlook. US Tiger Securities Upgrades Coinbase (COIN) to Buy
• Positive Sentiment: Coinbase Ventures backed Velocity’s $38 million funding round, highlighting Coinbase’s continued role in stablecoin and payments infrastructure, which supports the company’s broader ecosystem strategy. Velocity raises $38M to build stablecoin treasury infrastructure for enterprises
• Positive Sentiment: Fresh optimism around the CLARITY Act is keeping Coinbase in focus, as clearer U.S. crypto rules could benefit regulated exchanges like Coinbase over time. Trump Just Turned CLARITY Act Into an AI Race With China
• Neutral Sentiment: Coinbase Ventures was reported to be the most active crypto VC in H1 2026, which supports its brand and deal-making influence, though the direct stock impact is likely limited. Coinbase Ventures tops crypto VC list for H1 2026
• Neutral Sentiment: Coinbase continued pushing product improvements with a Smart Wallet verification upgrade aimed at making multi-chain dApp access easier, a positive long-term user-experience story but not an immediate earnings driver. Coinbase Smart Wallet Upgrade Aims To Make Multi-Chain Dapp Access Less Painful
• Negative Sentiment: JPMorgan cut estimates for Coinbase (COIN) and warned that the Hyperliquid partnership could pressure USDC economics, which is a direct headwind for stablecoin-related revenue. JPMorgan cuts estimates for Circle and Coinbase on Hyperliquid pressure
• Negative Sentiment: Coinbase Chief Legal Officer Paul Grewal is stepping down at the end of July, creating some leadership uncertainty even though the company may frame it as a planned transition. Coinbase (COIN) CLO Paul Grewal Steps Down
• Negative Sentiment: Reports that the U.S. government moved roughly $297 million in seized Bitcoin and Ether to Coinbase Prime are raising speculation about potential sell pressure, which could weigh on crypto sentiment broadly. US government moves $297M in seized Bitcoin, Ether to Coinbase Prime

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.