Mediolanum International Funds Ltd Raises Stake in Coinbase Global, Inc. $COIN

Mediolanum International Funds Ltd grew its holdings in Coinbase Global, Inc. (NASDAQ:COIN) by 207.8% in the third quarter, Holdings Channel.com reports. The institutional investor owned 12,984 shares of the cryptocurrency exchange’s stock after acquiring an additional 8,765 shares during the quarter. Mediolanum International Funds Ltd’s holdings in Coinbase Global were worth $4,337,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Ameriflex Group Inc. increased its holdings in shares of Coinbase Global by 20.0% in the second quarter. Ameriflex Group Inc. now owns 180 shares of the cryptocurrency exchange’s stock valued at $68,000 after purchasing an additional 30 shares during the period. Capital Advisors Wealth Management LLC lifted its holdings in shares of Coinbase Global by 2.0% during the third quarter. Capital Advisors Wealth Management LLC now owns 1,549 shares of the cryptocurrency exchange’s stock worth $523,000 after purchasing an additional 30 shares during the period. Elevation Wealth Partners LLC grew its position in Coinbase Global by 37.6% in the 3rd quarter. Elevation Wealth Partners LLC now owns 117 shares of the cryptocurrency exchange’s stock valued at $39,000 after buying an additional 32 shares during the last quarter. Pettinga Financial Advisors LLC increased its stake in Coinbase Global by 2.6% in the 2nd quarter. Pettinga Financial Advisors LLC now owns 1,321 shares of the cryptocurrency exchange’s stock valued at $463,000 after buying an additional 34 shares during the period. Finally, StoneX Group Inc. increased its stake in Coinbase Global by 1.8% in the 2nd quarter. StoneX Group Inc. now owns 1,970 shares of the cryptocurrency exchange’s stock valued at $690,000 after buying an additional 34 shares during the period. Institutional investors and hedge funds own 68.84% of the company’s stock.

Wall Street Analysts Forecast Growth

COIN has been the topic of several analyst reports. Jefferies Financial Group lowered their target price on shares of Coinbase Global from $367.00 to $268.00 and set a “hold” rating on the stock in a report on Monday, January 12th. Erste Group Bank downgraded shares of Coinbase Global from a “buy” rating to a “hold” rating in a research report on Thursday, November 20th. Piper Sandler lowered their price objective on Coinbase Global from $350.00 to $270.00 and set a “neutral” rating on the stock in a report on Wednesday, January 14th. Monness Crespi & Hardt raised Coinbase Global from a “neutral” rating to a “buy” rating and set a $375.00 target price for the company in a research note on Monday, November 10th. Finally, Argus reissued a “hold” rating on shares of Coinbase Global in a report on Tuesday, November 25th. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $356.27.

Insider Buying and Selling

In other news, CFO Alesia J. Haas sold 8,050 shares of the business’s stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $250.00, for a total value of $2,012,500.00. Following the completion of the transaction, the chief financial officer owned 70,664 shares of the company’s stock, valued at $17,666,000. The trade was a 10.23% 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 the company’s stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $248.96, for a total transaction of $9,958,400.00. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 795,587 shares of company stock worth $232,280,330. 16.56% of the stock is owned by corporate insiders.

Coinbase Global Stock Down 3.5%

Shares of NASDAQ COIN opened at $187.86 on Tuesday. The firm’s 50-day moving average is $243.58 and its two-hundred day moving average is $298.37. The company has a market capitalization of $50.65 billion, a PE ratio of 16.25 and a beta of 3.70. Coinbase Global, Inc. has a 12-month low of $142.58 and a 12-month high of $444.64. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.40 and a quick ratio of 2.40.

More Coinbase Global News

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

• Positive Sentiment: Market research highlights Coinbase’s pivot from spot trading to derivatives and prediction markets (including its Deribit integration), which could boost fee-based trading revenue even if Bitcoin stalls. From Holding to Hedging: The “Crypto Casino” Trade Is Taking Over
• Positive Sentiment: Regulatory clarity prospects improved after public calls for the CLARITY Act and expanded CFTC authority, a development Coinbase and other exchanges have welcomed because clearer rules would lower regulatory execution risk and could attract more institutional flow. SEC’s Paul Atkins Pushes Congress to Sign CLARITY Act
• Neutral Sentiment: Reported short‑interest figures in early February are anomalous/zero in public data sets, offering little actionable signal on current positioning. (Data item; no direct article link.)
• Neutral Sentiment: Industry security incidents (e.g., Step Finance treasury breach) keep macro crypto risk and defensive flows in focus, which can temporarily raise volatility across exchanges but do not directly implicate Coinbase operations. Who Struck Step Finance? Treasury Breach Nets $27 Million
• Negative Sentiment: Coinbase publicly accused major Australian banks of effectively “de‑banking” crypto customers, a regulatory/operational friction that could impair local volumes or customer access if unresolved. Coinbase Accuses Australian Banks of Unlawful Regulatory Ban as Maxi Doge Pumps
• Negative Sentiment: Newly released DOJ emails reporting a 2014 Jeffrey Epstein investment in Coinbase resurfaced reputational questions; the disclosure is historical but can create headline risk. DOJ-released emails suggest Epstein made $3.2M Coinbase investment in 2014
• Negative Sentiment: A judge allowed an insider‑trading lawsuit against Coinbase directors and CEO Brian Armstrong to proceed, keeping potential legal/defense costs and governance overhang on the stock. Coinbase Directors and CEO Facing Insider Trading Lawsuit
• Negative Sentiment: Macro/market pressure: a drop in Bitcoin below ~$80k has pulled trading volumes and sentiment lower across crypto‑exposed equities, pressuring Coinbase’s near‑term revenue outlook. Coinbase Stock Drops As Bitcoin Slips Below $80,000

Coinbase Global 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.