Mn Services Vermogensbeheer B.V. Trims Stock Holdings in Coinbase Global, Inc. $COIN

Mn Services Vermogensbeheer B.V. lowered its position in shares of Coinbase Global, Inc. (NASDAQ:COIN) by 9.6% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 32,800 shares of the cryptocurrency exchange’s stock after selling 3,500 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in Coinbase Global were worth $7,417,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in shares of Coinbase Global by 8.3% in the third quarter. Vanguard Group Inc. now owns 26,216,793 shares of the cryptocurrency exchange’s stock worth $8,847,905,000 after purchasing an additional 2,007,930 shares during the last quarter. Northern Trust Corp increased its holdings in Coinbase Global by 5.9% in the 3rd quarter. Northern Trust Corp now owns 1,959,871 shares of the cryptocurrency exchange’s stock worth $661,437,000 after buying an additional 108,751 shares during the period. Legal & General Group Plc increased its holdings in Coinbase Global by 5.0% in the 3rd quarter. Legal & General Group Plc now owns 1,193,784 shares of the cryptocurrency exchange’s stock worth $402,890,000 after buying an additional 57,164 shares during the period. Dimensional Fund Advisors LP raised its position in Coinbase Global by 1.1% during the 3rd quarter. Dimensional Fund Advisors LP now owns 783,273 shares of the cryptocurrency exchange’s stock worth $264,320,000 after buying an additional 8,636 shares during the last quarter. Finally, Artisan Partners Limited Partnership purchased a new position in Coinbase Global during the 3rd quarter worth approximately $224,663,000. Hedge funds and other institutional investors own 68.84% of the company’s stock.

Coinbase Global Stock Performance

COIN opened at $172.99 on Thursday. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.34 and a quick ratio of 2.34. The firm has a fifty day moving average price of $183.67 and a 200 day moving average price of $253.95. Coinbase Global, Inc. has a 1 year low of $139.36 and a 1 year high of $444.64. The stock has a market cap of $45.68 billion, a P/E ratio of 39.41, a P/E/G ratio of 3.02 and a beta of 3.60.

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

Analyst Upgrades and Downgrades

Several research firms have recently commented on COIN. Zacks Research downgraded shares of Coinbase Global from a “hold” rating to a “strong sell” rating in a report on Tuesday, February 17th. Canaccord Genuity Group reduced their target price on shares of Coinbase Global from $400.00 to $300.00 and set a “buy” rating for the company in a report on Friday, February 13th. HC Wainwright decreased their target price on shares of Coinbase Global from $425.00 to $350.00 and set a “buy” rating for the company in a research report on Wednesday, February 11th. Compass Point lowered their price target on shares of Coinbase Global from $190.00 to $140.00 and set a “sell” rating on the stock in a report on Friday, February 20th. Finally, President Capital cut their price target on Coinbase Global from $472.00 to $236.00 and set a “buy” rating on the stock in a research report on Wednesday, February 25th. Nineteen analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $266.97.

Coinbase Global News Summary

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

• Positive Sentiment: Base roadmap: Coinbase’s Layer‑2 (Base) is prioritizing markets, stablecoins, faster settlement and support for AI agents — moves that could expand on‑chain revenue (trading, payment rails, developer activity) over time. Base joins Ethereum, Tron, others in betting big on AI agent future
• Positive Sentiment: Industry structural tailwind: reporting suggests crypto firms are getting permission to trade tokenized stocks and push into TradFi rails — a potential new product/volume growth avenue for Coinbase if regulatory clarity persists. Crypto Is Getting Closer to Upending The Stock Market. The Next Battle Comes Soon.
• Neutral Sentiment: Analyst action: Robert W. Baird trimmed its price target on COIN from $215 to $200 but kept a “neutral” rating — a modest negative signal on near‑term upside but not a sell verdict. Baird adjusts Coinbase Global price target to $200
• Neutral Sentiment: Media/market noise: Jim Cramer suggested buying Bitcoin rather than Coinbase, producing short‑term chatter and a small stock bounce — headline-driven moves that can amplify volatility but don’t alter fundamentals. Coinbase stock up slightly after Jim Cramer
• Neutral Sentiment: Ecosystem spinouts: ex‑Stripe/Coinbase engineers raised $8M for Latitude (stablecoin‑based global payouts) — signals of ecosystem innovation that could both complement and compete with parts of Coinbase’s payments ambitions. Former Stripe and Coinbase employees raise $8M for Latitude
• Negative Sentiment: Macro & crypto weakness: on‑chain analysts warn Bitcoin could fall toward its realized price (~$54k), whales have been moving BTC to exchanges, and institutional demand indicators (Coinbase Premium) have weakened — headwinds that reduce trading volumes and fee revenue for Coinbase. Bitcoin Below $54K Would Signal Best Accumulation Zone
• Negative Sentiment: Technical/valuation caution: several commentators call the recent COIN rebound a potential “bull trap” tied to macro headlines rather than improving fundamentals; combined with Coinbase’s recent earnings miss (lower EPS/revenue vs. expectations), this raises skepticism on near‑term multiple expansion. Coinbase stock price is rising: Here’s why this is a bull trap

Insider Transactions at Coinbase Global

In other news, CEO Brian Armstrong sold 40,000 shares of the firm’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $248.96, for a total transaction of $9,958,400.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Frederick Ernest Ehrsam III sold 1,375 shares of Coinbase Global stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $250.27, for a total value of $344,121.25. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 438,120 shares of company stock valued at $73,878,750 in the last ninety days. 16.56% of the stock is currently owned by corporate 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.