Banco Bilbao Vizcaya Argentaria S.A. decreased its position in Coinbase Global, Inc. (NASDAQ:COIN) by 34.9% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 276,747 shares of the cryptocurrency exchange’s stock after selling 148,292 shares during the period. Coinbase Global comprises approximately 0.7% of Banco Bilbao Vizcaya Argentaria S.A.’s holdings, making the stock its 20th largest holding. Banco Bilbao Vizcaya Argentaria S.A. owned 0.10% of Coinbase Global worth $92,723,000 at the end of the most recent reporting period.
A number of other hedge funds also recently modified their holdings of COIN. California Public Employees Retirement System grew its holdings in shares of Coinbase Global by 8.1% during the 3rd quarter. California Public Employees Retirement System now owns 359,766 shares of the cryptocurrency exchange’s stock worth $121,417,000 after purchasing an additional 26,975 shares in the last quarter. Aquatic Capital Management LLC raised its stake in shares of Coinbase Global by 139.7% in the third quarter. Aquatic Capital Management LLC now owns 176,605 shares of the cryptocurrency exchange’s stock valued at $59,602,000 after purchasing an additional 102,936 shares in the last quarter. Aristotle Atlantic Partners LLC bought a new position in Coinbase Global in the third quarter worth $1,229,000. Arkos Global Advisors lifted its position in Coinbase Global by 64.0% in the third quarter. Arkos Global Advisors now owns 2,344 shares of the cryptocurrency exchange’s stock worth $791,000 after purchasing an additional 915 shares during the period. Finally, Alliancebernstein L.P. boosted its stake in Coinbase Global by 5.6% during the third quarter. Alliancebernstein L.P. now owns 255,489 shares of the cryptocurrency exchange’s stock worth $86,225,000 after buying an additional 13,605 shares in the last quarter. Institutional investors own 68.84% of the company’s stock.
Coinbase Global Stock Performance
Shares of COIN stock opened at $195.53 on Friday. The company has a market capitalization of $51.64 billion, a price-to-earnings ratio of 44.54, a price-to-earnings-growth ratio of 3.44 and a beta of 3.70. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.34 and a current ratio of 2.34. Coinbase Global, Inc. has a one year low of $139.36 and a one year high of $444.64. The company’s 50-day moving average is $198.54 and its 200 day moving average is $265.14.
Insider Buying and Selling
In other Coinbase Global news, Director Frederick Ernest Ehrsam III sold 2,750 shares of the stock in a transaction on Wednesday, January 14th. The stock was sold at an average price of $260.09, for a total transaction of $715,247.50. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CFO Alesia J. Haas sold 364,600 shares of Coinbase Global stock in a transaction on Friday, February 6th. The stock was sold at an average price of $154.95, for a total value of $56,494,770.00. Following the completion of the sale, the chief financial officer directly owned 402,165 shares of the company’s stock, valued at approximately $62,315,466.75. The trade was a 47.55% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 476,920 shares of company stock worth $84,194,452 in the last three months. Insiders own 16.56% of the company’s stock.
Analyst Upgrades and Downgrades
A number of brokerages have recently issued reports on COIN. Sanford C. Bernstein restated an “outperform” rating and issued a $440.00 price objective on shares of Coinbase Global in a research note on Tuesday, January 6th. China Renaissance dropped their price target on shares of Coinbase Global from $301.50 to $223.20 and set a “buy” rating for the company in a research report on Monday, February 23rd. Weiss Ratings restated a “hold (c)” rating on shares of Coinbase Global in a research note on Friday, January 9th. Argus reiterated a “hold” rating on shares of Coinbase Global in a research note on Tuesday, November 25th. Finally, UBS Group set a $264.00 target price on Coinbase Global in a report on Friday, February 13th. Nineteen investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, Coinbase Global has a consensus rating of “Hold” and a consensus price target of $270.51.
Read Our Latest Stock Report on Coinbase Global
More Coinbase Global News
Here are the key news stories impacting Coinbase Global this week:
- Positive Sentiment: Bitcoin’s rally and stronger spot/ETF flows are driving trading activity and a Coinbase price premium, which should help COIN’s transaction revenue. Key Bitcoin price levels to watch as BTC nears new monthly highs
- Positive Sentiment: Short interest in COIN has reportedly doubled this year, raising the potential for a short squeeze if bullish flows continue — a technical/positioning tailwind for the stock. Coinbase Short Interest Doubles In 2026: S3 Data Shows Elevated Potential For Short Squeeze
- Positive Sentiment: Product expansion: Coinbase launched regulated crypto and index futures across 26 European countries, widening its addressable market and revenue opportunities outside the U.S. COIN Broadens Reach With Europe Futures: Is it Making a Global Push?
- Neutral Sentiment: Stablecoin adoption and TradFi pilots (Aon’s pilot) are expanding the payments use case; Coinbase is participating in some pilots, which could broaden non-trading revenue but also elevates competition from stablecoin issuers like Circle. Crypto Biz: Circle stock defies Wall Street and digital asset selloff
- Neutral Sentiment: Regulatory clarity moves: the CFTC’s new prediction market rules affect Coinbase’s product set and open a 45‑day comment period — could increase compliance costs but also reduce legal uncertainty if finalized. CFTC Unveils Prediction Market Regulations Impacting Kalshi, Polymarket, and Coinbase
- Neutral Sentiment: Company messaging: Coinbase executives publicly denied allegations they lobbied against a Bitcoin de minimis tax exemption — reduces rumor-driven regulatory uncertainty but leaves the broader policy debate unresolved. Coinbase execs deny lobbying against Bitcoin de minimis tax exemption
- Negative Sentiment: Negative headlines and positioning risks: media coverage highlights insider share sales and commentary (e.g., Jim Cramer recommending Bitcoin over COIN), which can weigh on sentiment and valuation multiples. Coinbase (COIN) Stock Faces Mounting Pressure as Cramer Recommends Bitcoin Over Shares
- Negative Sentiment: Ongoing controversy about alleged lobbying around BTC tax rules (despite denials) keeps regulatory and reputational risk on investors’ radars. Is Coinbase Sabotaging Bitcoin De Minimis Tax Exemption In Favor Of Stablecoins?
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.
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