Frederick Ernest Ehrsam III Sells 2,750 Shares of Coinbase Global (NASDAQ:COIN) Stock

Coinbase Global, Inc. (NASDAQ:COIN) Director Frederick Ernest Ehrsam III sold 2,750 shares of the company’s 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 Securities & Exchange Commission, which can be accessed through this link.

Frederick Ernest Ehrsam III also recently made the following trade(s):

• On Thursday, January 15th, Frederick Ernest Ehrsam III sold 1,375 shares of Coinbase Global stock. The shares were sold at an average price of $250.27, for a total value of $344,121.25.
• On Monday, January 5th, Frederick Ernest Ehrsam III sold 1,375 shares of Coinbase Global stock. The stock was sold at an average price of $250.03, for a total value of $343,791.25.
• On Thursday, December 18th, Frederick Ernest Ehrsam III sold 1,375 shares of Coinbase Global stock. The shares were sold at an average price of $252.82, for a total value of $347,627.50.
• On Tuesday, December 9th, Frederick Ernest Ehrsam III sold 2,750 shares of Coinbase Global stock. The stock was sold at an average price of $280.27, for a total value of $770,742.50.
• On Thursday, December 4th, Frederick Ernest Ehrsam III sold 4,125 shares of Coinbase Global stock. The stock was sold at an average price of $274.06, for a total value of $1,130,497.50.
• On Thursday, November 20th, Frederick Ernest Ehrsam III sold 2,750 shares of Coinbase Global stock. The shares were sold at an average price of $260.33, for a total transaction of $715,907.50.
• On Monday, November 10th, Frederick Ernest Ehrsam III sold 55,688 shares of Coinbase Global stock. The stock was sold at an average price of $321.81, for a total value of $17,920,955.28.
• On Friday, November 7th, Frederick Ernest Ehrsam III sold 19,927 shares of Coinbase Global stock. The stock was sold at an average price of $288.77, for a total value of $5,754,319.79.
• On Thursday, November 6th, Frederick Ernest Ehrsam III sold 277,074 shares of Coinbase Global stock. The shares were sold at an average price of $309.92, for a total value of $85,870,774.08.

Coinbase Global Price Performance

Shares of COIN traded up $1.87 during mid-day trading on Friday, hitting $241.15. 7,574,539 shares of the stock were exchanged, compared to its average volume of 8,982,444. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.40 and a current ratio of 2.40. The company has a market cap of $65.02 billion, a PE ratio of 20.86 and a beta of 3.70. Coinbase Global, Inc. has a 52-week low of $142.58 and a 52-week high of $444.64. The firm has a 50-day moving average of $258.13 and a two-hundred day moving average of $312.36.

Coinbase Global (NASDAQ:COIN) last announced its quarterly earnings results on Thursday, October 30th. The cryptocurrency exchange reported $1.44 earnings per share for the quarter, topping the consensus estimate of $1.04 by $0.40. The company had revenue of $1.87 billion for the quarter, compared to analysts’ expectations of $1.77 billion. Coinbase Global had a net margin of 41.99% and a return on equity of 15.70%. Coinbase Global’s quarterly revenue was up 55.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.28 earnings per share. On average, equities analysts predict that Coinbase Global, Inc. will post 7.22 earnings per share for the current year.

Key Stories Impacting Coinbase Global

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

• Positive Sentiment: Renewed institutional bitcoin demand and a positive “Coinbase premium” signal could lift trading volumes and fees for Coinbase, supporting revenue expectations. US Institutions Resume Bitcoin Buying As Coinbase Premium Flips Green
• Positive Sentiment: Daiwa maintained a buy rating on COIN, providing some buy-side support amid the pullback. Daiwa Remains a Buy on Coinbase Global (COIN)
• Positive Sentiment: CEO Brian Armstrong is publicly pitching long‑term growth (stock/tokenized equities roadmap, bridge-to-blockchain messaging), which can reassure investors focused on Coinbase’s product expansion and future revenue streams. Coinbase is late to stocks—but CEO Brian Armstrong says it will win in the long run
• Neutral Sentiment: The Senate postponed the CLARITY Act markup after Coinbase withdrew support; lawmakers say a revised compromise is possible, so regulatory risk remains unresolved and timing is uncertain. Coinbase CEO says key crypto vote can be rescheduled
• Neutral Sentiment: Coverage and commentary pieces (Zacks / bull-case essays) are driving retail attention and search interest — increases in visibility can amplify moves in either direction. Here is What to Know Beyond Why Coinbase Global, Inc. (COIN) is a Trending Stock
• Negative Sentiment: Coinbase’s public withdrawal of support for the CLARITY Act sparked a sector sell-off and raised regulatory uncertainty—investors worry the bill could be rewritten in ways that hurt DeFi/stablecoin business models or push yield offshore. Who gets the yield? CLARITY Act becomes fight over onchain dollars
• Negative Sentiment: Immediate market reaction included steep drops across crypto-related stocks and a surge in put-option buying on COIN, indicating elevated hedging/speculative bearish positioning and near-term downside risk. Circle and Robinhood Tumble After Coinbase Pulled Support for Federal Bill
• Negative Sentiment: Analysts trimmed price targets (Jefferies cut to $268; China Renaissance lowered PT while keeping a buy), reflecting increased regulatory and execution uncertainty. Jefferies Adjusts Price Target

Analysts Set New Price Targets

A number of equities analysts have recently commented on COIN shares. Needham & Company LLC dropped their target price on Coinbase Global from $400.00 to $290.00 and set a “buy” rating for the company in a report on Monday, December 29th. UBS Group set a $340.00 price target on Coinbase Global in a report on Wednesday, December 17th. Rosenblatt Securities raised their target price on shares of Coinbase Global from $450.00 to $470.00 in a research report on Friday, October 31st. Weiss Ratings restated a “hold (c)” rating on shares of Coinbase Global in a research note on Friday, January 9th. Finally, Bank of America raised shares of Coinbase Global from a “neutral” rating to a “buy” rating and set a $340.00 price target on the stock in a report on Thursday, January 8th. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Coinbase Global presently has an average rating of “Moderate Buy” and a consensus price target of $362.72.

Institutional Trading of Coinbase Global

Several large investors have recently added to or reduced their stakes in COIN. Vanguard Group Inc. grew its position in shares of Coinbase Global by 8.3% during the 3rd quarter. Vanguard Group Inc. now owns 26,216,793 shares of the cryptocurrency exchange’s stock valued at $8,847,905,000 after acquiring an additional 2,007,930 shares during the period. Geode Capital Management LLC raised its holdings in Coinbase Global by 46.1% in the 2nd quarter. Geode Capital Management LLC now owns 5,559,513 shares of the cryptocurrency exchange’s stock worth $1,940,805,000 after purchasing an additional 1,755,146 shares during the period. Norges Bank purchased a new position in Coinbase Global during the second quarter worth approximately $1,044,354,000. Northern Trust Corp grew its holdings in Coinbase Global by 5.9% in the third quarter. Northern Trust Corp now owns 1,959,871 shares of the cryptocurrency exchange’s stock valued at $661,437,000 after purchasing an additional 108,751 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its position in shares of Coinbase Global by 53.0% in the second quarter. Charles Schwab Investment Management Inc. now owns 1,455,916 shares of the cryptocurrency exchange’s stock valued at $510,284,000 after buying an additional 504,068 shares in the last quarter. Hedge funds and other institutional investors own 68.84% of the company’s stock.

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.