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

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Coinbase Global, Inc. (NASDAQ:COIN). In a filing disclosed on March 09th, the Representative disclosed that they had sold between $1,001 and $15,000 in Coinbase Global stock on February 12th. 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):

• Sold $1,001 – $15,000 in shares of Thermon Group (NYSE:THR) on 3/2/2026.
• Purchased $1,001 – $15,000 in shares of Federal Signal (NYSE:FSS) on 3/2/2026.
• Purchased $1,001 – $15,000 in shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of Uber Technologies (NYSE:UBER) on 2/24/2026.
• Sold $1,001 – $15,000 in shares of Robinhood Markets (NASDAQ:HOOD) on 2/24/2026.
• Purchased $1,001 – $15,000 in shares of Micron Technology (NASDAQ:MU) on 2/24/2026.
• Sold $1,001 – $15,000 in shares of Oracle (NYSE:ORCL) on 2/24/2026.
• Purchased $1,001 – $15,000 in shares of Champion Homes (NYSE:SKY) on 2/23/2026.
• Sold $1,001 – $15,000 in shares of Tri Pointe Homes (NYSE:TPH) on 2/23/2026.
• Sold $1,001 – $15,000 in shares of Xiaomi (OTCMKTS:XIACF) on 2/20/2026.

Coinbase Global Stock Down 2.7%

Coinbase Global stock traded down $5.29 during mid-day trading on Thursday, reaching $193.35. 7,911,187 shares of the company were exchanged, compared to its average volume of 12,594,006. The firm has a market cap of $51.06 billion, a P/E ratio of 44.04, a PEG ratio of 3.46 and a beta of 3.70. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.34 and a current ratio of 2.34. Coinbase Global, Inc. has a 12-month low of $139.36 and a 12-month high of $444.64. The business has a fifty day moving average of $200.02 and a 200 day moving average of $266.71.

Coinbase Global (NASDAQ:COIN) last issued its quarterly earnings data 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 company had revenue of $1.78 billion for the quarter, compared to the consensus estimate of $1.86 billion. Coinbase Global had a net margin of 17.55% and a return on equity of 8.68%. Coinbase Global’s revenue for the quarter was down 21.6% compared to the same quarter last year. During the same period in the previous year, the business earned $4.68 EPS. Research analysts anticipate that Coinbase Global, Inc. will post 7.22 earnings per share for the current fiscal year.

More Coinbase Global News

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

• Positive Sentiment: Launched regulated crypto and index futures across 26 European countries, widening Coinbase’s global product footprint and potential fee/revenue sources outside the U.S. COIN Broadens Reach With Europe Futures
• Positive Sentiment: Product innovation: Coinbase is pushing “Agentic Wallets” for AI agents and reports high transaction activity (50M+), signaling potential new payment flows and product-led growth. AI Agents Set to Dominate Crypto Payments
• Neutral Sentiment: Policy engagement: Coinbase’s CPO outlined five recommendations for U.S. stablecoin regulation — helpful for shaping rules but not an immediate revenue driver. Coinbase CPO Lists 5 Critical Errors US Stablecoin Regulation
• Neutral Sentiment: Reputational/legal spillover: a proposed $328M class action against JPMorgan alleges transfers to Coinbase wallets in a Ponzi scheme; Coinbase is not named but increased scrutiny on wallet flows could draw regulatory attention. JPMorgan Faces $328M Lawsuit
• Neutral Sentiment: Data noise on short interest—recent filings show anomalous/zero values and NaN changes, which appear to be reporting artifacts rather than a clear new bearish bet. (No article link.)
• Negative Sentiment: Lobbying controversy: social-media claims alleged Coinbase opposed a Bitcoin de minimis tax exemption to favor stablecoin treatment; Coinbase executives, including CEO Brian Armstrong, deny the allegations but the story is fueling negative public sentiment and could complicate policy relationships. Coinbase execs deny lobbying against Bitcoin de minimis tax exemption
• Negative Sentiment: Analyst/media caution: coverage highlighting that COIN is lagging the industry YTD, trades at a premium, and faces falling earnings estimates increases downside risk for valuation-sensitive investors. COIN Lags Industry YTD, Trades at Premium
• Negative Sentiment: Public market sentiment: high-profile commentary (e.g., Jim Cramer suggesting buying Bitcoin instead of Coinbase) reinforces the narrative that direct crypto exposure may be cleaner than equity exposure to an exchange, pressuring multiple. Jim Cramer on Coinbase Global

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. Robert W. Baird set a $165.00 price target on Coinbase Global in a research report on Friday, February 13th. Needham & Company LLC cut their target price on Coinbase Global from $290.00 to $230.00 and set a “buy” rating on the stock in a research report on Friday, February 13th. Barclays reduced their target price on Coinbase Global from $258.00 to $148.00 and set an “equal weight” rating for the company in a research note on Friday, February 13th. Oppenheimer cut their price target on Coinbase Global from $381.00 to $370.00 and set an “outperform” rating on the stock in a research report on Monday, January 12th. Finally, Rothschild & Co Redburn cut their target price on shares of Coinbase Global from $288.00 to $277.00 in a report on Monday. Nineteen analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, Coinbase Global presently has a consensus rating of “Hold” and a consensus target price of $270.51.

Institutional Investors Weigh In On Coinbase Global

A number of large investors have recently made changes to their positions in COIN. Capital Advisors Wealth Management LLC grew its holdings in Coinbase Global by 2.0% in the 3rd quarter. Capital Advisors Wealth Management LLC now owns 1,549 shares of the cryptocurrency exchange’s stock valued at $523,000 after buying an additional 30 shares in the last quarter. Elevation Wealth Partners LLC grew its holdings in shares of Coinbase Global by 37.6% in 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 during the period. West Family Investments Inc. raised its stake 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 period. StoneX Group Inc. lifted its holdings in Coinbase Global by 1.8% in the second quarter. StoneX Group Inc. now owns 1,970 shares of the cryptocurrency exchange’s stock valued at $690,000 after acquiring an additional 34 shares during the last quarter. Finally, Forvis Mazars Wealth Advisors LLC grew its holdings in shares of Coinbase Global by 3.4% during the 3rd quarter. Forvis Mazars Wealth Advisors LLC now owns 1,040 shares of the cryptocurrency exchange’s stock worth $351,000 after purchasing an additional 34 shares during the period. 68.84% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Coinbase Global

In other news, CFO Alesia J. Haas sold 10,020 shares of the firm’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $200.00, for a total transaction of $2,004,000.00. Following the completion of the transaction, the chief financial officer directly owned 397,171 shares in the company, valued at $79,434,200. This trade represents a 2.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Frederick Ernest Ehrsam III sold 1,375 shares of Coinbase Global stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $250.27, for a total value of $344,121.25. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 476,920 shares of company stock worth $84,194,452. Insiders own 16.56% 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.

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.