21,915 Shares in Coinbase Global, Inc. $COIN Acquired by Fulcrum Asset Management LLP

Fulcrum Asset Management LLP acquired a new stake in Coinbase Global, Inc. (NASDAQ:COIN) during the 3rd quarter, HoldingsChannel reports. The firm acquired 21,915 shares of the cryptocurrency exchange’s stock, valued at approximately $4,164,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Archer Investment Corp acquired a new position in shares of Coinbase Global in the second quarter worth $26,000. NBT Bank N.A. purchased a new position in Coinbase Global in the third quarter valued at about $28,000. Glen Eagle Advisors LLC grew its stake in Coinbase Global by 101.1% in the first quarter. Glen Eagle Advisors LLC now owns 175 shares of the cryptocurrency exchange’s stock valued at $31,000 after purchasing an additional 88 shares in the last quarter. Kings Path Partners LLC acquired a new position in Coinbase Global in the 3rd quarter worth about $37,000. Finally, Root Financial Partners LLC acquired a new position in Coinbase Global in the 3rd quarter worth about $37,000. Hedge funds and other institutional investors own 68.84% of the company’s stock.

Analysts Set New Price Targets

COIN has been the subject of a number of analyst reports. The Goldman Sachs Group reduced their target price on shares of Coinbase Global from $244.00 to $210.00 and set a “buy” rating for the company in a research note on Friday, October 30th. Jefferies Financial Group reissued a “hold” rating and issued a $174.00 target price on shares of Coinbase Global in a research report on Friday, October 30th. Argus restated a “hold” rating on shares of Coinbase Global in a research note on Wednesday, August 26th. William Blair restated an “outperform” rating on shares of Coinbase Global in a report on Tuesday, September 22nd. Finally, Citigroup reaffirmed a “market outperform” rating on shares of Coinbase Global in a research note on Friday, October 30th. Twenty-one research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $209.88.

Insider Buying and Selling

In other Coinbase Global news, CAO Jennifer Jones sold 2,062 shares of the company’s 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Alesia Haas sold 39,030 shares of the stock in a transaction that occurred on Monday, September 21st. The shares were sold at an average price of $205.24, for a total value of $8,010,517.20. Following the transaction, the chief financial officer owned 345,376 shares in the company, valued at approximately $70,884,970.24. This trade represents a 10.15% decrease in their position. 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. Insiders sold 92,120 shares of company stock worth $17,968,544 over the last ninety days. Company insiders own 16.66% of the company’s stock.

Coinbase Global Stock Performance

Shares of NASDAQ COIN opened at $136.10 on Tuesday. The business’s 50-day simple moving average is $174.50 and its 200-day simple moving average is $175.81. The company has a debt-to-equity ratio of 0.43, a quick ratio of 2.42 and a current ratio of 2.42. Coinbase Global, Inc. has a 52 week low of $131.10 and a 52 week high of $324.80. The firm has a market cap of $35.91 billion, a price-to-earnings ratio of -48.09 and a beta of 3.35.

Trending Headlines about Coinbase Global

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

• Positive Sentiment: The OCC’s final approval of Coinbase National Trust Company is a regulatory milestone that could strengthen its position in institutional crypto custody. The charter permits fiduciary custody services, but Coinbase is not becoming a commercial bank; moving its existing custody business under the charter is expected to take up to three years. Coinbase’s US national trust bank charter takes effect
• Positive Sentiment: PNC Bank is piloting incoming USDC payments for eligible corporate and institutional clients using Coinbase’s payments infrastructure. The partnership may support broader adoption of Coinbase’s services and more efficient payments. PNC Bank tests turning USDC payments into dollar deposits
• Positive Sentiment: Coinbase also began allowing eligible U.S. users, excluding New York, to borrow USDC against tokenized gold (PAXG). The new collateral option expands its lending products, though its financial contribution is not yet clear. Coinbase Users Can Now Borrow USDC Against Tokenized Gold
• Neutral Sentiment: PNC did not disclose the pilot’s fees, settlement benchmarks, or number of participating clients, making its near-term revenue potential difficult to assess. PNC Bank tests turning USDC payments into dollar deposits
• Negative Sentiment: Recent reports point to a roughly 16% decline since Coinbase’s Oct. 29 earnings, citing a weak quarter alongside Bitcoin’s slide and broader crypto-market selling. COIN has recently traded near its 52-week low, so market sentiment may outweigh the new business catalysts in the near term. Coinbase Just Hit a New 52-Week Low After Losing 16% Since Earnings
• Negative Sentiment: Freedom Broker reduced its price target for COIN, adding to cautious analyst sentiment. Coinbase Global Stock Gets Price Target Reduction from Freedom Broker

About Coinbase Global

Coinbase Global operates a cryptocurrency platform serving individual consumers, businesses and institutional clients. Its services include buying, selling and holding digital assets, as well as trading tools and cryptocurrency custody services.

The company also offers products for developers and businesses building on blockchain networks, including Base, its Ethereum layer-2 network. Coinbase supports the USDC stablecoin through its partnership with Circle and provides services such as staking and payment infrastructure.

Founded in 2012 by Brian Armstrong and Fred Ehrsam, Coinbase is headquartered in the United States and serves customers in the U.S.