Rep. Gilbert Ray Cisneros, Jr. Buys Coinbase Global, Inc. (NASDAQ:COIN) Shares

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Coinbase Global, Inc. (NASDAQ:COIN). In a filing disclosed on September 04th, the Representative disclosed that they had bought between $1,001 and $15,000 in Coinbase Global stock on July 17th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $15,001 – $50,000 in shares of Mesabi Trust (NYSE:MSB) on 7/31/2026.
• Purchased $1,001 – $15,000 in shares of Praxis Precision Medicines (NASDAQ:PRAX) on 7/30/2026.
• Purchased $15,001 – $50,000 in shares of Alkermes (NASDAQ:ALKS) on 7/30/2026.
• Sold $15,001 – $50,000 in shares of Crinetics Pharmaceuticals (NASDAQ:CRNX) on 7/30/2026.
• Sold $100,001 – $250,000 in shares of Alibaba Group (NYSE:BABA) on 7/24/2026.
• Sold $1,001 – $15,000 in shares of Adobe (NASDAQ:ADBE) on 7/24/2026.
• Sold $1,001 – $15,000 in shares of Viavi Solutions (NASDAQ:VIAV) on 7/21/2026.
• Purchased $1,001 – $15,000 in shares of SailPoint (NASDAQ:SAIL) on 7/21/2026.
• Purchased $1,001 – $15,000 in shares of Glacier Bancorp (NYSE:GBCI) on 7/21/2026.
• Sold $1,001 – $15,000 in shares of FedEx (NYSE:FDX) on 7/21/2026.

Coinbase Global Price Performance

Shares of Coinbase Global stock opened at $184.64 on Tuesday. The firm has a market cap of $48.72 billion, a P/E ratio of -48.08 and a beta of 3.39. The firm’s 50-day simple moving average is $164.14 and its 200-day simple moving average is $175.74. Coinbase Global, Inc. has a twelve month low of $139.11 and a twelve month high of $402.16. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.42 and a current ratio of 2.42.

Coinbase Global (NASDAQ:COIN) last posted its quarterly earnings results on Thursday, July 30th. The cryptocurrency exchange reported ($1.36) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.44) by ($0.92). The business had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.29 billion. Coinbase Global had a positive return on equity of 3.12% and a negative net margin of 15.72%.The business’s revenue for the quarter was down 18.5% on a year-over-year basis. During the same period last year, the company earned $5.14 EPS. As a group, research analysts expect that Coinbase Global, Inc. will post -0.39 EPS for the current fiscal year.

Wall Street Analyst Weigh In

COIN has been the subject of several analyst reports. Raymond James Financial started coverage on Coinbase Global in a research report on Wednesday, July 22nd. They set a “market perform” rating for the company. Piper Sandler cut their price objective on Coinbase Global from $155.00 to $146.00 and set a “neutral” rating for the company in a report on Friday, July 31st. The Goldman Sachs Group upped their target price on shares of Coinbase Global from $173.00 to $196.00 and gave the stock a “buy” rating in a report on Tuesday, August 25th. KeyCorp reissued a “sector weight” rating on shares of Coinbase Global in a report on Wednesday, June 17th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and set a $330.00 price objective on shares of Coinbase Global in a research note on Friday, July 31st. Eighteen analysts have rated the stock with a Buy rating, nine have issued a Hold rating and five have assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $216.87.

Institutional Trading of Coinbase Global

Hedge funds and other institutional investors have recently modified their holdings of the stock. L2 Asset Management LLC increased its stake in shares of Coinbase Global by 5.0% in the 3rd quarter. L2 Asset Management LLC now owns 965 shares of the cryptocurrency exchange’s stock valued at $326,000 after buying an additional 46 shares during the period. Ancora Advisors LLC lifted its stake in shares of Coinbase Global by 4.5% during the third quarter. Ancora Advisors LLC now owns 1,174 shares of the cryptocurrency exchange’s stock valued at $396,000 after acquiring an additional 51 shares during the period. Fulton Bank N.A. lifted its stake in shares of Coinbase Global by 1.1% during the first quarter. Fulton Bank N.A. now owns 4,942 shares of the cryptocurrency exchange’s stock valued at $863,000 after acquiring an additional 53 shares during the period. MGO One Seven LLC boosted its holdings in Coinbase Global by 1.5% in the fourth quarter. MGO One Seven LLC now owns 4,321 shares of the cryptocurrency exchange’s stock valued at $977,000 after acquiring an additional 63 shares during the last quarter. Finally, Moneta Group Investment Advisors LLC boosted its holdings in Coinbase Global by 2.1% in the third quarter. Moneta Group Investment Advisors LLC now owns 3,174 shares of the cryptocurrency exchange’s stock valued at $1,071,000 after acquiring an additional 65 shares during the last quarter. Institutional investors and hedge funds own 68.84% of the company’s stock.

More Coinbase Global News

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

• Positive Sentiment: Expansion of derivatives in Canada: Coinbase launched 23 regulated perpetual and dated futures contracts for eligible Canadian customers, covering Bitcoin, Ether, Solana and other assets. The rollout supports CEO Brian Armstrong’s “everything exchange” strategy and could broaden international trading revenue. Coinbase Brings BTC, ETH and SOL Derivatives to Canada
• Positive Sentiment: Potential crypto-market catalysts: Articles highlighting Bitcoin’s recovery rally continue to identify Coinbase as a leading crypto stock to watch. A possible Senate vote on the CLARITY Act could provide greater regulatory certainty for exchanges, although the outcome remains uncertain. Three Cryptocurrency Stocks Poised for Growth This September
• Positive Sentiment: Broader product ecosystem: Coinbase is involved in Bitcoin-backed mortgage offerings with Better Mortgage, which reportedly generated substantial pre-application interest. The initiative could create new use cases and fee opportunities, though collateral and rehypothecation risks may limit adoption. Bitcoin Mortgages Now Available
• Neutral Sentiment: Political and industry headlines: Hunter Biden’s reported effort to assist investors who lost money on Donald Trump’s memecoin is primarily a political and cryptocurrency-sector story, with no clear direct financial impact on Coinbase. Hunter Biden Makes New Crypto Move Against Donald Trump
• Negative Sentiment: Failure of a Coinbase-backed project: Router Protocol plans to shut down and burn about 303.3 million ROUTE tokens after failing to find a sustainable business. While the project’s closure is not reported as a material Coinbase financial loss, it adds reputational risk to Coinbase’s venture and ecosystem exposure. Coinbase-Backed Crypto Project Burns 303 Million ROUTE Tokens

Insider Activity

In other Coinbase Global news, Director Frederick Wilson sold 10,000 shares of the company’s stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $178.93, for a total transaction of $1,789,300.00. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Jennifer Jones sold 2,062 shares of Coinbase Global stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $188.75, for a total transaction of $389,202.50. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 57,130 shares of company stock valued at $8,830,416 over the last three months. Company insiders own 16.66% of the company’s stock.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

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.