Simplicity Wealth LLC Purchases 6,870 Shares of Coinbase Global, Inc. $COIN

Simplicity Wealth LLC increased its position in shares of Coinbase Global, Inc. (NASDAQ:COIN) by 484.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,288 shares of the cryptocurrency exchange’s stock after purchasing an additional 6,870 shares during the period. Simplicity Wealth LLC’s holdings in Coinbase Global were worth $2,797,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC boosted its stake in Coinbase Global by 24.2% in the 1st quarter. Integrated Wealth Concepts LLC now owns 2,119 shares of the cryptocurrency exchange’s stock valued at $365,000 after buying an additional 413 shares in the last quarter. Empowered Funds LLC lifted its holdings in shares of Coinbase Global by 25.8% during the first quarter. Empowered Funds LLC now owns 8,581 shares of the cryptocurrency exchange’s stock valued at $1,478,000 after acquiring an additional 1,761 shares during the period. Focus Partners Wealth boosted its stake in shares of Coinbase Global by 9.9% in the 1st quarter. Focus Partners Wealth now owns 5,202 shares of the cryptocurrency exchange’s stock valued at $896,000 after purchasing an additional 467 shares in the last quarter. Sivia Capital Partners LLC bought a new stake in shares of Coinbase Global in the 2nd quarter worth about $285,000. Finally, Wealth Enhancement Advisory Services LLC grew its holdings in shares of Coinbase Global by 1.3% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 13,017 shares of the cryptocurrency exchange’s stock worth $4,632,000 after purchasing an additional 165 shares during the last quarter. Institutional investors and hedge funds own 68.84% of the company’s stock.

Coinbase Global News Summary

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

• Positive Sentiment: Goldman Sachs raised its price target on COIN to $310 and kept a Buy rating, signaling fresh analyst confidence in Coinbase’s growth beyond spot trading. This provides near-term valuation support and a constructive institutional view. Goldman Sachs Lifts Price Target
• Positive Sentiment: Coinbase formed an independent quantum-computing advisory board (with academics from Stanford/Harvard and industry researchers) to assess cryptographic risks to Bitcoin, Ethereum and other blockchains — a proactive move that can reduce long‑term security risk and reassure institutional customers. Coinbase forms board to assess quantum computing risks to blockchain
• Positive Sentiment: Coinbase and Circle announced support for creating an on‑chain economy in Bermuda — a regulatory/market expansion that could accelerate product adoption and new revenue channels for custody, tokenization and payment rails. Coinbase, Circle Announce Support
• Positive Sentiment: Strive’s planned $150M preferred offering intends to repay debt and buy bitcoin, and includes paying down borrowings under a master loan agreement with Coinbase Credit — potentially reducing Coinbase’s counterparty exposure from that lending line. Strive plans to raise $150M
• Neutral Sentiment: CEO Brian Armstrong reiterated bullish long‑term crypto views (including a $1M Bitcoin by 2030 call) and defended Bitcoin’s structural role versus central banks at Davos — positive PR that supports the company’s narrative but has uncertain immediate earnings impact. Coinbase Exec Points Out The Big Difference
• Neutral Sentiment: Coinbase research and marketing pushes (tokenization whitepapers, NBA-focused campaigns) aim to position the firm for long‑term market expansion; strategic but not immediately earnings‑material. Coinbase Signals Next Financial Supercycle
• Negative Sentiment: Coinbase’s decision to pull support from a draft “Clarity Act” and public split with major industry backers (like a16z) risks alienating political allies and complicating lobbying for favorable crypto rules — a source of regulatory uncertainty for investors. Why Coinbase split with Andreessen Horowitz
• Negative Sentiment: The Senate Banking Committee delayed a crypto market-structure bill to focus on housing; reports say Coinbase withdrew support over stablecoin yield restrictions — delays and policy friction prolong regulatory uncertainty that can pressure the stock. Senate Banking Committee Delays Crypto Bill
• Negative Sentiment: Coverage noting a “regulatory clash in Washington” underscores investor worry that ongoing policy battles and enforcement risk remain the dominant near‑term catalyst for COIN. Regulatory Clash in Washington Weighs on Coinbase Shares

Coinbase Global Trading Down 1.7%

NASDAQ:COIN opened at $223.14 on Friday. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.40 and a quick ratio of 2.40. Coinbase Global, Inc. has a fifty-two week low of $142.58 and a fifty-two week high of $444.64. The business’s 50-day simple moving average is $250.97 and its 200-day simple moving average is $308.25. The stock has a market capitalization of $60.17 billion, a PE ratio of 19.30 and a beta of 3.70.

Coinbase Global (NASDAQ:COIN) last posted its quarterly earnings data on Thursday, October 30th. The cryptocurrency exchange reported $1.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.04 by $0.40. The business had revenue of $1.87 billion during the quarter, compared to the consensus estimate of $1.77 billion. Coinbase Global had a return on equity of 15.70% and a net margin of 41.99%.Coinbase Global’s quarterly revenue was up 55.1% on a year-over-year basis. During the same period last year, the company earned $0.28 earnings per share. Sell-side analysts expect that Coinbase Global, Inc. will post 7.22 earnings per share for the current fiscal year.

Insider Activity at Coinbase Global

In other news, CFO Alesia J. Haas sold 8,050 shares of the stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $250.00, for a total value of $2,012,500.00. Following the transaction, the chief financial officer directly owned 70,664 shares of the company’s stock, valued at $17,666,000. This represents a 10.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Brian Armstrong sold 40,000 shares of the business’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $248.96, for a total value of $9,958,400.00. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 820,587 shares of company stock worth $240,717,580. Company insiders own 16.56% of the company’s stock.

Analyst Ratings Changes

COIN has been the subject of several analyst reports. Mizuho set a $280.00 price target on shares of Coinbase Global in a research report on Tuesday, December 16th. Citigroup reiterated a “market outperform” rating on shares of Coinbase Global in a research note on Thursday, December 18th. Piper Sandler decreased their price target on Coinbase Global from $350.00 to $270.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 14th. President Capital raised their price target on Coinbase Global from $401.00 to $472.00 and gave the company a “buy” rating in a report on Wednesday, November 5th. Finally, Rothschild & Co Redburn reduced their price objective on Coinbase Global from $404.00 to $403.00 and set a “buy” rating on the stock in a research note on Friday, January 16th. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $362.92.

About Coinbase Global

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.