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

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Coinbase Global, Inc. (NASDAQ:COIN). In a filing disclosed on February 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in Coinbase Global stock on January 30th. 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 $1,001 – $15,000 in shares of Hermès International Société en commandite par actions (OTCMKTS:HESAF) on 2/3/2026.
  • Purchased $1,001 – $15,000 in shares of Tencent (OTC:TCTZF) on 2/3/2026.
  • Purchased $1,001 – $15,000 in shares of Xiaomi (OTCMKTS:XIACF) on 2/3/2026.
  • Purchased $1,001 – $15,000 in shares of Mitsubishi Heavy Industries (OTCMKTS:MHVYF) on 2/3/2026.
  • Purchased $1,001 – $15,000 in shares of Banco Santander (NYSE:SAN) on 2/3/2026.
  • Purchased $1,001 – $15,000 in shares of Leonardo (OTCMKTS:FINMF) on 2/3/2026.
  • Purchased $1,001 – $15,000 in shares of Costco Wholesale (NASDAQ:COST) on 1/30/2026.
  • Purchased $1,001 – $15,000 in shares of Transdigm Group (NYSE:TDG) on 1/30/2026.
  • Purchased $1,001 – $15,000 in shares of Cloudflare (NYSE:NET) on 1/30/2026.
  • Purchased $1,001 – $15,000 in shares of AutoZone (NYSE:AZO) on 1/30/2026.

Coinbase Global Trading Up 3.3%

Shares of NASDAQ:COIN traded up $5.41 during midday trading on Friday, hitting $171.35. 13,640,792 shares of the stock were exchanged, compared to its average volume of 13,802,789. The business’s 50-day moving average price is $213.86 and its 200 day moving average price is $278.36. Coinbase Global, Inc. has a 12 month low of $139.36 and a 12 month high of $444.64. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.34 and a current ratio of 2.34. The stock has a market capitalization of $46.20 billion, a price-to-earnings ratio of 39.03, a P/E/G ratio of 2.54 and a beta of 3.70.

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

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the company. Piper Sandler lowered their target price on Coinbase Global from $270.00 to $150.00 and set a “neutral” rating for the company in a research report on Friday, February 13th. Bank of America raised Coinbase Global from a “neutral” rating to a “buy” rating and set a $340.00 price target for the company in a research note on Thursday, January 8th. The Goldman Sachs Group cut their price objective on Coinbase Global from $310.00 to $264.00 and set a “buy” rating on the stock in a research note on Tuesday. Sanford C. Bernstein reissued an “outperform” rating and set a $440.00 target price on shares of Coinbase Global in a research report on Tuesday, January 6th. Finally, Canaccord Genuity Group dropped their price target on shares of Coinbase Global from $400.00 to $300.00 and set a “buy” rating on the stock in a research report on Friday, February 13th. Nineteen research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $281.15.

Get Our Latest Report on Coinbase Global

Coinbase Global News Summary

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

Insider Activity

In other news, CFO Alesia J. Haas sold 364,600 shares of the business’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $154.95, for a total value of $56,494,770.00. Following the transaction, the chief financial officer owned 402,165 shares in the company, valued at $62,315,466.75. The trade was a 47.55% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Frederick Ernest Ehrsam III sold 4,125 shares of the stock in a transaction that occurred on Thursday, December 4th. The shares were sold at an average price of $274.06, for a total value of $1,130,497.50. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 574,395 shares of company stock worth $110,451,160. Corporate insiders own 16.56% of the company’s stock.

Institutional Investors Weigh In On Coinbase Global

A number of large investors have recently bought and sold shares of COIN. Capital Advisors Wealth Management LLC boosted its holdings in Coinbase Global by 2.0% during the 3rd quarter. Capital Advisors Wealth Management LLC now owns 1,549 shares of the cryptocurrency exchange’s stock worth $523,000 after acquiring an additional 30 shares during the last quarter. Elevation Wealth Partners LLC lifted its position in shares of Coinbase Global by 37.6% during the third quarter. Elevation Wealth Partners LLC now owns 117 shares of the cryptocurrency exchange’s stock valued at $39,000 after purchasing an additional 32 shares in the last quarter. West Family Investments Inc. boosted its holdings in Coinbase Global by 3.3% during the third quarter. West Family Investments Inc. now owns 1,029 shares of the cryptocurrency exchange’s stock worth $347,000 after purchasing an additional 33 shares during the last quarter. Pettinga Financial Advisors LLC boosted its holdings in Coinbase Global by 2.6% during the second quarter. Pettinga Financial Advisors LLC now owns 1,321 shares of the cryptocurrency exchange’s stock worth $463,000 after purchasing an additional 34 shares during the last quarter. Finally, StoneX Group Inc. grew its position in Coinbase Global by 1.8% in the 2nd quarter. StoneX Group Inc. now owns 1,970 shares of the cryptocurrency exchange’s stock worth $690,000 after purchasing an additional 34 shares in the last quarter. 68.84% of the stock is currently owned by institutional investors and hedge funds.

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.

Coinbase Global Company Profile

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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.

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