Coinbase Global (NASDAQ:COIN) Stock Sold Off Rep. Gilbert Ray Cisneros, Jr.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Coinbase Global, Inc. (NASDAQ:COIN). In a filing disclosed on September 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Coinbase Global stock on August 18th. 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 DoorDash (NASDAQ:DASH) on 8/28/2026.
• Purchased $15,001 – $50,000 in shares of Quanta Services (NYSE:PWR) on 8/27/2026.
• Purchased $15,001 – $50,000 in shares of Eaton (NYSE:ETN) on 8/27/2026.
• Sold $15,001 – $50,000 in shares of NIKE (NYSE:NKE) on 8/27/2026.
• Sold $1,001 – $15,000 in shares of Phreesia (NYSE:PHR) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of Wheaton Precious Metals (NYSE:WPM) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of Walmart (NASDAQ:WMT) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 8/26/2026.
• Sold $15,001 – $50,000 in shares of Lamar Advertising (NASDAQ:LAMR) on 8/25/2026.
• Sold $1,001 – $15,000 in shares of Phreesia (NYSE:PHR) on 8/25/2026.

Coinbase Global Trading Up 1.7%

NASDAQ COIN opened at $175.26 on Friday. The firm’s 50 day moving average price is $165.43 and its two-hundred day moving average price is $175.91. The stock has a market cap of $46.24 billion, a price-to-earnings ratio of -45.64 and a beta of 3.39. Coinbase Global, Inc. has a twelve month low of $139.11 and a twelve month high of $402.16. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.42 and a current ratio of 2.42.

Coinbase Global (NASDAQ:COIN) last issued its quarterly earnings results on Thursday, July 30th. The cryptocurrency exchange reported ($1.36) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.44) by ($0.92). The business had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.29 billion. Coinbase Global had a negative net margin of 15.72% and a positive return on equity of 3.12%. The business’s quarterly revenue was down 18.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $5.14 EPS. Equities analysts anticipate that Coinbase Global, Inc. will post -0.24 EPS for the current year.

Insider Transactions at Coinbase Global

In other news, Director Marc Andreessen sold 13,676 shares of the company’s stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $181.14, for a total transaction of $2,477,270.64. Following the transaction, the director owned 1,136,324 shares of the company’s stock, valued at $205,833,729.36. This represents a 1.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frederick Wilson sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $178.93, for a total value of $1,789,300.00. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 70,806 shares of company stock worth $11,307,687 over the last 90 days. 16.66% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. Citigroup reiterated a “market outperform” rating on shares of Coinbase Global in a research note on Friday, July 31st. Argus reissued a “hold” rating on shares of Coinbase Global in a research note on Wednesday, August 26th. Morgan Stanley started coverage on shares of Coinbase Global in a report on Thursday. They set an “equal weight” rating and a $250.00 price target for the company. Zacks Research upgraded shares of Coinbase Global from a “strong sell” rating to a “hold” rating in a research note on Wednesday. Finally, The Goldman Sachs Group boosted their price target on Coinbase Global from $196.00 to $219.00 and gave the company a “buy” rating in a research note on Wednesday. Eighteen research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Coinbase Global presently has a consensus rating of “Hold” and a consensus target price of $218.74.

More Coinbase Global News

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

• Positive Sentiment: Bitcoin rallied and broader risk appetite improved, providing a direct tailwind for Coinbase because trading activity, transaction revenue and investor sentiment are closely tied to crypto prices. Coinbase’s recent market-share gains and growing derivatives, stablecoin and prediction-market businesses may be reinforcing the move. Coinbase gains as bitcoin rallies and broader risk appetite improves
• Positive Sentiment: Coinbase partnered with payments infrastructure provider Moov to bring stablecoin acceptance, settlement and real-time funding to more than 1,000 U.S. community banks and credit unions. The deal could expand Coinbase’s institutional distribution and create future transaction, custody and payments revenue. Coinbase partners with Moov to boost community bank stablecoin capabilities
• Positive Sentiment: CEO Brian Armstrong said stablecoin payments could become a major growth engine and reiterated that Bitcoin could reach $400,000 by 2030. These comments support Coinbase’s long-term growth narrative, although they are projections rather than new financial results. Coinbase CEO confident stablecoin payments will fuel growth
• Positive Sentiment: Zacks upgraded Coinbase from “strong sell” to “hold,” modestly improving the recent ratings backdrop.
• Neutral Sentiment: Management said crypto regulation could advance through SEC and CFTC rulemaking even if the Senate’s CLARITY Act stalls. This reduces the risk of an outright legislative setback, but the upcoming vote remains a source of uncertainty. Coinbase and Grayscale say crypto rules will advance with or without CLARITY
• Neutral Sentiment: Morgan Stanley initiated coverage at Equal Weight with a $250 price target, recognizing Coinbase’s broader “Everything Exchange” strategy while warning that earnings remain highly exposed to crypto-market volatility. Morgan Stanley rates Coinbase as Hold equivalent
• Negative Sentiment: Director Marc Andreessen sold approximately $2.5 million of COIN under a pre-arranged Rule 10b5-1 plan. The transaction was relatively small compared with his remaining stake but may weigh modestly on sentiment. SEC insider transaction filing
• Negative Sentiment: Coinbase’s latest quarter showed an EPS and revenue miss, with revenue declining year over year, highlighting the company’s continuing sensitivity to crypto-cycle weakness and trading volumes.
• Negative Sentiment: Reports that White House adviser Kevin Hassett held up to $5 million in Coinbase shares while involved in crypto-policy discussions could renew conflict-of-interest and regulatory scrutiny concerns. Hassett kept Coinbase stake as crypto policy changed

Hedge Funds Weigh In On Coinbase Global

Institutional investors have recently modified their holdings of the stock. California State Teachers Retirement System raised its position in Coinbase Global by 14,352.9% in the 2nd quarter. California State Teachers Retirement System now owns 46,883,279 shares of the cryptocurrency exchange’s stock worth $6,853,867,000 after purchasing an additional 46,558,893 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Coinbase Global by 3.2% during the 4th quarter. Geode Capital Management LLC now owns 6,098,062 shares of the cryptocurrency exchange’s stock worth $1,374,080,000 after buying an additional 189,080 shares in the last quarter. Paradigm Operations LP boosted its position in Coinbase Global by 3.3% in the 4th 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 during the last quarter. Norges Bank acquired a new stake in shares of Coinbase Global in the 4th quarter valued at $656,744,000. Finally, ARK Investment Management LLC increased its stake 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 valued at $574,832,000 after buying an additional 146,388 shares during the period. 68.84% of the stock is owned by institutional investors.

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 operates a digital asset and cryptocurrency platform serving retail users, institutions, developers and ecosystem partners. Through its exchange, customers can buy, sell, convert, store and transfer a range of cryptocurrencies and other digital assets. The company also provides an advanced trading platform for more experienced users and services designed for institutional trading and market access.

Its product offerings include custodial services, institutional prime brokerage and custody, staking services, a self-custody wallet, and tools that enable developers and businesses to build applications using blockchain networks.