Royal Fund Management LLC Purchases Shares of 12,000 Coinbase Global, Inc. $COIN

Royal Fund Management LLC acquired a new position in Coinbase Global, Inc. (NASDAQ:COIN) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 12,000 shares of the cryptocurrency exchange’s stock, valued at approximately $2,714,000.

A number of other institutional investors also recently made changes to their positions in the business. REAP Financial Group LLC bought a new position in shares of Coinbase Global during the 3rd quarter valued at $25,000. Palisade Asset Management LLC bought a new stake in Coinbase Global in the third quarter worth $29,000. Salomon & Ludwin LLC lifted its stake in Coinbase Global by 4,400.0% in the third quarter. Salomon & Ludwin LLC now owns 90 shares of the cryptocurrency exchange’s stock worth $30,000 after purchasing an additional 88 shares during the last quarter. Foster Dykema Cabot & Partners LLC purchased a new stake in Coinbase Global during the third quarter valued at about $35,000. Finally, Cloud Capital Management LLC purchased a new stake in Coinbase Global during the third quarter valued at about $36,000. Hedge funds and other institutional investors own 68.84% of the company’s stock.

Insider Transactions at Coinbase Global

In other news, CFO Alesia J. Haas sold 364,600 shares of the business’s stock in a transaction 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 completion of 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Frederick Ernest Ehrsam III sold 2,750 shares of the company’s stock in a transaction dated Wednesday, January 14th. The shares were sold at an average price of $260.09, for a total transaction of $715,247.50. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 438,120 shares of company stock worth $73,878,750. Corporate insiders own 16.56% of the company’s stock.

Key Stories Impacting Coinbase Global

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

• Positive Sentiment: Bernstein still calls a bottom for crypto stocks and maintains an Outperform on Coinbase, arguing the selloff improves the risk/reward for on‑chain finance exposure — this helps demand for COIN as value investors look for entry points. Bernstein sees a bottom in crypto stocks into weak Q1 earnings
• Positive Sentiment: Product and business development: Coinbase-backed advocacy and a new crypto‑mortgage partnership (Bitcoin/USDC collateral linked to federally supported loans) create a real‑world use case and potential new revenue streams beyond trading fees. Coinbase’s Political Push And Crypto Mortgages Reshape Investor Risk View
• Positive Sentiment: Venture signal: Coinbase Ventures participated in Midas’s $50M raise to build an instant liquidity layer for tokenized yield — strategic venture activity supports Coinbase’s positioning in tokenization and on‑chain finance themes. Midas raises $50M to build instant liquidity layer for tokenized yield
• Neutral Sentiment: Goldman Sachs publicly backing digital‑asset equities after the drop is a supportive industry signal, but it’s not specific enough to change COIN’s near‑term fundamentals absent earnings or regulatory clarity. Crypto News Today: Goldman Sachs Backs 3 Digital Asset Stocks After Sharp Drop
• Neutral Sentiment: Coinbase/CoinTracker survey shows widespread tax confusion among crypto users — this highlights reporting headwinds and potential demand impacts but is more of a longer‑term operational/education issue than an immediate earnings driver. Two-thirds of crypto investors unaware of new IRS tax rules…
• Neutral Sentiment: Analyst commentary/upgrades pieces (e.g., Seeking Alpha re‑rating articles) are helping sentiment but often recycle the same catalysts — watch for official earnings/volume beats to confirm. Coinbase: The Latest Initiatives Change Everything (Rating Upgrade)
• Negative Sentiment: Regulatory/legal risk: the CLARITY Act’s proposed ban on passive stablecoin yield could hit Coinbase’s stablecoin‑related revenue (estimated as high as ~$1.35B annually by some counts) and is drawing public clashes with policymakers — a material downside risk to revenue forecasts. CLARITY Act Stirs Debate as Coinbase Pushes Back on Stablecoin Yield Restrictions
• Negative Sentiment: Market flow pressure: COIN and other crypto names have been heavily sold (bear ETFs up; Coinbase highlighted among hammered names), which reduces near‑term liquidity and can amplify downside if volumes fall. Coinbase, Nebius, IREN Stocks Are Getting Hammered — And These ETFs Are Making A Fortune
• Negative Sentiment: On‑chain signals show weakening institutional flows (negative Coinbase premium / institutional outflows), which could translate to lower trading revenue and more volatile quarters ahead. Growing Pressure On BTC: On-Chain Data Reveals Bitcoin’s Institutional Exodus

Coinbase Global Price Performance

Shares of NASDAQ:COIN opened at $160.79 on Tuesday. The business has a fifty day moving average price of $185.81 and a 200-day moving average price of $255.57. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.34 and a quick ratio of 2.34. The company has a market capitalization of $42.46 billion, a PE ratio of 36.63, a PEG ratio of 2.79 and a beta of 3.70. Coinbase Global, Inc. has a 1-year low of $139.36 and a 1-year high of $444.64.

Coinbase Global (NASDAQ:COIN) last announced its quarterly earnings results on Thursday, February 12th. The cryptocurrency exchange reported $0.66 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.17). The firm had revenue of $1.78 billion during 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 business’s revenue for the quarter was down 21.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $4.68 EPS. As a group, equities analysts expect that Coinbase Global, Inc. will post 7.22 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

COIN has been the topic of several recent research reports. Benchmark reduced their price target on Coinbase Global from $421.00 to $267.00 and set a “buy” rating on the stock in a research report on Friday, February 13th. Barclays reduced their price target on shares of Coinbase Global from $258.00 to $148.00 and set an “equal weight” rating on the stock in a research report on Friday, February 13th. Mizuho dropped their price target on Coinbase Global from $280.00 to $170.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 17th. Rothschild & Co Redburn upped their price target on Coinbase Global from $277.00 to $281.00 and gave the stock a “buy” rating in a research note on Friday, March 20th. Finally, Bank of America raised shares of Coinbase Global from a “neutral” rating to a “buy” rating and set a $340.00 target price for the company in a research note on Thursday, January 8th. 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 data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $267.47.

Coinbase Global 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.