Coinbase Global, Inc. $COIN Stock Holdings Decreased by Candriam S.C.A.

Candriam S.C.A. lessened its stake in Coinbase Global, Inc. (NASDAQ:COIN) by 66.8% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 14,381 shares of the cryptocurrency exchange’s stock after selling 28,872 shares during the quarter. Candriam S.C.A.’s holdings in Coinbase Global were worth $2,511,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. Vanguard Group Inc. grew its stake in Coinbase Global by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 26,400,836 shares of the cryptocurrency exchange’s stock worth $5,970,285,000 after purchasing an additional 184,043 shares in the last quarter. Geode Capital Management LLC raised its stake in Coinbase Global by 3.2% during the fourth quarter. Geode Capital Management LLC now owns 6,098,062 shares of the cryptocurrency exchange’s stock valued at $1,374,080,000 after buying an additional 189,080 shares in the last quarter. Paradigm Operations LP raised its stake in Coinbase Global by 3.3% during the fourth quarter. Paradigm Operations LP now owns 4,262,458 shares of the cryptocurrency exchange’s stock valued at $963,912,000 after buying an additional 134,425 shares in the last quarter. Norges Bank bought a new position in Coinbase Global during the 4th quarter worth approximately $656,744,000. Finally, ARK Investment Management LLC grew its position in shares of Coinbase Global by 6.1% in the 4th quarter. ARK Investment Management LLC now owns 2,541,928 shares of the cryptocurrency exchange’s stock worth $574,832,000 after acquiring an additional 146,388 shares in the last quarter. Institutional investors own 68.84% of the company’s stock.

Key Stories Impacting Coinbase Global

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

• Positive Sentiment: US Tiger Securities upgraded Coinbase (COIN) to Buy with a $200 price target, reinforcing a constructive view on Bitcoin-related exposure and Coinbase’s business outlook. US Tiger Securities Upgrades Coinbase (COIN) to Buy
• Positive Sentiment: Coinbase Ventures backed Velocity’s $38 million funding round, highlighting Coinbase’s continued role in stablecoin and payments infrastructure, which supports the company’s broader ecosystem strategy. Velocity raises $38M to build stablecoin treasury infrastructure for enterprises
• Positive Sentiment: Fresh optimism around the CLARITY Act is keeping Coinbase in focus, as clearer U.S. crypto rules could benefit regulated exchanges like Coinbase over time. Trump Just Turned CLARITY Act Into an AI Race With China
• Neutral Sentiment: Coinbase Ventures was reported to be the most active crypto VC in H1 2026, which supports its brand and deal-making influence, though the direct stock impact is likely limited. Coinbase Ventures tops crypto VC list for H1 2026
• Neutral Sentiment: Coinbase continued pushing product improvements with a Smart Wallet verification upgrade aimed at making multi-chain dApp access easier, a positive long-term user-experience story but not an immediate earnings driver. Coinbase Smart Wallet Upgrade Aims To Make Multi-Chain Dapp Access Less Painful
• Negative Sentiment: JPMorgan cut estimates for Coinbase (COIN) and warned that the Hyperliquid partnership could pressure USDC economics, which is a direct headwind for stablecoin-related revenue. JPMorgan cuts estimates for Circle and Coinbase on Hyperliquid pressure
• Negative Sentiment: Coinbase Chief Legal Officer Paul Grewal is stepping down at the end of July, creating some leadership uncertainty even though the company may frame it as a planned transition. Coinbase (COIN) CLO Paul Grewal Steps Down
• Negative Sentiment: Reports that the U.S. government moved roughly $297 million in seized Bitcoin and Ether to Coinbase Prime are raising speculation about potential sell pressure, which could weigh on crypto sentiment broadly. US government moves $297M in seized Bitcoin, Ether to Coinbase Prime

Insider Buying and Selling at Coinbase Global

In related news, insider Lawrence J. Brock sold 6,616 shares of the stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $189.01, for a total value of $1,250,490.16. Following the sale, the insider owned 517 shares of the company’s stock, valued at $97,718.17. This trade represents a 92.75% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frederick R. Wilson sold 10,000 shares of Coinbase Global stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $159.09, for a total transaction of $1,590,900.00. Following the completion of the sale, the director owned 20,000 shares in the company, valued at approximately $3,181,800. This represents a 33.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 40,647 shares of company stock valued at $7,331,841. Corporate insiders own 16.66% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on COIN. Benchmark reiterated a “buy” rating and issued a $270.00 price target on shares of Coinbase Global in a report on Wednesday, June 17th. Wolfe Research set a $325.00 price objective on Coinbase Global in a research note on Thursday, July 9th. Sanford C. Bernstein decreased their price objective on shares of Coinbase Global from $440.00 to $330.00 and set an “outperform” rating for the company in a report on Monday, March 30th. Robert W. Baird lowered their target price on shares of Coinbase Global from $160.00 to $142.00 and set a “neutral” rating for the company in a research note on Friday, June 5th. Finally, Mizuho increased their target price on shares of Coinbase Global from $170.00 to $200.00 and gave the stock a “neutral” rating in a report on Tuesday, May 12th. Eighteen analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $246.36.

Coinbase Global Price Performance

Shares of COIN opened at $161.50 on Wednesday. Coinbase Global, Inc. has a 12 month low of $139.18 and a 12 month high of $444.64. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.14 and a quick ratio of 2.14. The stock has a fifty day moving average price of $172.55 and a 200 day moving average price of $188.33. The company has a market cap of $42.55 billion, a P/E ratio of 60.71, a PEG ratio of 6.04 and a beta of 3.35.

Coinbase Global (NASDAQ:COIN) last posted its earnings results on Thursday, May 7th. The cryptocurrency exchange reported ($1.49) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.06 by ($1.55). Coinbase Global had a net margin of 12.20% and a return on equity of 4.16%. The company had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.49 billion. During the same quarter in the previous year, the business posted $0.24 earnings per share. The business’s quarterly revenue was down 30.5% compared to the same quarter last year. On average, research analysts forecast that Coinbase Global, Inc. will post 1.75 earnings per share for the current year.

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.