Orion Porfolio Solutions LLC Has $2.54 Million Stock Holdings in Coinbase Global, Inc. $COIN

Orion Porfolio Solutions LLC reduced its stake in Coinbase Global, Inc. (NASDAQ:COIN) by 29.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,518 shares of the cryptocurrency exchange’s stock after selling 3,142 shares during the period. Orion Porfolio Solutions LLC’s holdings in Coinbase Global were worth $2,537,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of COIN. Capital Advisors Wealth Management LLC lifted its stake in shares of Coinbase Global by 2.0% during the 3rd quarter. Capital Advisors Wealth Management LLC now owns 1,549 shares of the cryptocurrency exchange’s stock worth $523,000 after buying an additional 30 shares during the last quarter. Elevation Wealth Partners LLC grew its stake 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. West Family Investments Inc. grew its stake in Coinbase Global by 3.3% in the 3rd quarter. West Family Investments Inc. now owns 1,029 shares of the cryptocurrency exchange’s stock valued at $347,000 after buying an additional 33 shares during the last quarter. StoneX Group Inc. raised its holdings 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 acquiring an additional 34 shares during the period. Finally, Forvis Mazars Wealth Advisors LLC raised its holdings in Coinbase Global by 3.4% in the 3rd quarter. Forvis Mazars Wealth Advisors LLC now owns 1,040 shares of the cryptocurrency exchange’s stock valued at $351,000 after acquiring an additional 34 shares during the period. 68.84% of the stock is owned by institutional investors.

Coinbase Global Stock Down 1.6%

NASDAQ COIN opened at $196.52 on Wednesday. The company has a current ratio of 2.34, a quick ratio of 2.34 and a debt-to-equity ratio of 0.40. The company has a market cap of $51.90 billion, a price-to-earnings ratio of 44.77, a PEG ratio of 3.10 and a beta of 3.70. The company has a 50 day moving average of $200.57 and a 200-day moving average of $267.19. Coinbase Global, Inc. has a 1-year low of $139.36 and a 1-year high of $444.64.

Coinbase Global (NASDAQ:COIN) last issued its quarterly earnings results on Thursday, February 12th. The cryptocurrency exchange reported $0.66 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.17). Coinbase Global had a return on equity of 8.68% and a net margin of 17.55%.The company had revenue of $1.78 billion for the quarter, compared to analyst estimates of $1.86 billion. During the same period in the prior year, the company earned $4.68 EPS. The company’s quarterly revenue was down 21.6% compared to the same quarter last year. On average, equities research analysts expect that Coinbase Global, Inc. will post 7.22 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Frederick Ernest Ehrsam III sold 1,375 shares of the firm’s stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $250.27, for a total value of $344,121.25. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Brian Armstrong sold 40,000 shares of the business’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $248.96, for a total value of $9,958,400.00. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 476,920 shares of company stock worth $84,194,452. 16.56% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on COIN shares. Monness Crespi & Hardt cut Coinbase Global from a “hold” rating to a “sell” rating in a report on Monday, February 23rd. Bank of America upgraded Coinbase Global from a “neutral” rating to a “buy” rating and set a $340.00 target price on the stock in a research note on Thursday, January 8th. Barclays dropped their price target on Coinbase Global from $258.00 to $148.00 and set an “equal weight” rating for the company in a report on Friday, February 13th. JPMorgan Chase & Co. decreased their price objective on Coinbase Global from $399.00 to $290.00 and set an “overweight” rating on the stock in a report on Tuesday, February 10th. Finally, Rothschild & Co Redburn lowered their price objective on Coinbase Global from $288.00 to $277.00 in a research report on Monday. Nineteen research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $270.51.

Key Stories Impacting Coinbase Global

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

• Positive Sentiment: Aon completed a stablecoin insurance‑premium pilot that used USDC and PYUSD and settled with Coinbase/Paxos, validating Coinbase’s role in institutional stablecoin rails and potential new payment flow volume. Aon Announces First Stablecoin Insurance Premium Payment
• Positive Sentiment: Coinbase rolled out regulated crypto futures trading across 26 European countries (MiFID/ESMA framework), expanding product offerings, European revenue opportunities and fee pools for Advanced users. Coinbase rolls out crypto futures trading in 26 European countries
• Positive Sentiment: Analysts and outlets are highlighting Coinbase as a rebound play if crypto volume and BTC demand recover — attention from outlets and a recent Cantor Fitzgerald buy rating support positive sentiment among some investors. Coinbase Global Receives a Buy from Cantor Fitzgerald
• Neutral Sentiment: Zacks and other outlets are circulating “is it a buy?” pieces that keep COIN in retail/investor screens but don’t add a clear near‑term catalyst. Is Trending Stock Coinbase Global, Inc. (COIN) a Buy Now?
• Neutral Sentiment: A reported on‑chain move: Bitmine transferred ~9,600 ETH to Coinbase Prime — signals custody/prime flows but is an isolated on‑chain deposit rather than recurring revenue. Bitmine Transfers $19.5M in ETH to Coinbase Prime
• Neutral Sentiment: Public short‑interest reports in early March show anomalous/zero values and NaN increases — the data looks unreliable and shouldn’t be interpreted as a fresh short‑squeeze signal.
• Negative Sentiment: Legislation that could clarify crypto market structure is facing political headwinds and a veto threat, increasing regulatory uncertainty that investors fear could hurt Coinbase’s U.S. growth or product approvals. Crypto Regulation Bill in Jeopardy
• Negative Sentiment: Rothschild & Co Redburn trimmed its price target on COIN (from $288 to $277), a modest negative signal to some investors even though the new target still implies upside. Rothschild & Co Redburn Adjusts Price Target on Coinbase
• Negative Sentiment: Insider activity: the CFO sold roughly $2.0M of stock recently, which can weigh on sentiment even if it’s routine diversification. Coinbase CFO Sells $2,004,000 in Stock

About Coinbase Global

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.