Impact Partnership Wealth LLC Acquires 2,959 Shares of Coinbase Global, Inc. $COIN

Impact Partnership Wealth LLC lifted its holdings in Coinbase Global, Inc. (NASDAQ:COIN) by 292.4% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 3,971 shares of the cryptocurrency exchange’s stock after buying an additional 2,959 shares during the period. Impact Partnership Wealth LLC’s holdings in Coinbase Global were worth $1,340,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Foundations Investment Advisors LLC grew its position in Coinbase Global by 45.5% in the third quarter. Foundations Investment Advisors LLC now owns 22,318 shares of the cryptocurrency exchange’s stock worth $7,532,000 after acquiring an additional 6,983 shares in the last quarter. Cloud Capital Management LLC purchased a new position in Coinbase Global during the third quarter worth $36,000. GPS Wealth Strategies Group LLC increased its position in Coinbase Global by 18.4% during the third quarter. GPS Wealth Strategies Group LLC now owns 611 shares of the cryptocurrency exchange’s stock valued at $206,000 after acquiring an additional 95 shares during the last quarter. AE Wealth Management LLC lifted its holdings in shares of Coinbase Global by 32.9% in the 3rd quarter. AE Wealth Management LLC now owns 2,357 shares of the cryptocurrency exchange’s stock worth $795,000 after acquiring an additional 584 shares during the last quarter. Finally, Fidelis Capital Partners LLC boosted its stake in shares of Coinbase Global by 21.3% during the 3rd quarter. Fidelis Capital Partners LLC now owns 866 shares of the cryptocurrency exchange’s stock worth $292,000 after purchasing an additional 152 shares during the period. 68.84% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Coinbase Global

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

• Positive Sentiment: Expanded on‑chain Solana access by integrating Jupiter, letting users trade millions of Solana tokens directly using Coinbase balances and self‑custodial wallets — broadens token supply and user choice on Coinbase markets. Coinbase Integrates Jupiter Exchange for Direct Access to Millions of Solana Tokens
• Positive Sentiment: Launched regulated prediction markets nationwide (via Kalshi), opening a new product line for event‑based trading that could diversify fee revenue ahead of high‑volume events like the Super Bowl. Coinbase launches prediction markets in all 50 US states via Kalshi
• Positive Sentiment: Expanded automated threat‑intelligence sharing with Crypto ISAC to strengthen security and reduce operational risk — important for preserving user trust and preventing costly breaches. Coinbase Expands Automated Threat Intelligence Sharing with Crypto ISAC
• Positive Sentiment: Testing “Coinbase Custom Stablecoins” (backend trials with USDF) could open B2B revenue and custody flows if rolled out at scale. Coinbase moves closer toward rolling out ‘custom stablecoins’
• Neutral Sentiment: Cantor Fitzgerald initiated coverage and BTIG reiterated a buy — supportive institutional interest, but with mixed analyst positioning across the street. BTIG Sticks to Its Buy Rating for Coinbase Global (COIN)
• Neutral Sentiment: Piper Sandler kept a Neutral rating and trimmed its price target, reflecting cautious near‑term expectations ahead of earnings. Piper Sandler Retains a Neutral Rating on Coinbase Global, Inc. (COIN)
• Negative Sentiment: UK ad watchdog has expanded bans on Coinbase ads for “trivializing” crypto risks — a reputational hit and potential constraint on European marketing. UK bans Coinbase ads that ‘trivialized’ crypto risks
• Negative Sentiment: Regulatory and political friction: Coinbase pulled support for a Senate crypto bill, was summoned to White House talks about the bill, and is participating in political spending (crypto Super PAC contributions) — all increase policy uncertainty and investor caution. How The Second Trump Administration Is Changing Crypto—For Good
• Negative Sentiment: Macro/market headwinds: analysts note chart weakness (death cross) and Deribit highlights options flow keeping Bitcoin rangebound near ~$90k — weaker BTC action can reduce Coinbase trading volumes and fees. Coinbase’s Chart Flashes Death Cross As Bitcoin Falls Amid Crypto Winter Fears

Coinbase Global Price Performance

COIN opened at $199.18 on Friday. The firm has a market capitalization of $53.71 billion, a PE ratio of 17.23 and a beta of 3.70. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.40 and a quick ratio of 2.40. The business’s 50-day moving average is $245.86 and its two-hundred day moving average is $302.61. Coinbase Global, Inc. has a 1 year low of $142.58 and a 1 year high of $444.64.

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

Insider Buying and Selling

In other news, CEO Brian Armstrong sold 40,000 shares of the company’s stock in a transaction on Monday, November 17th. The stock was sold at an average price of $271.87, for a total transaction of $10,874,800.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, COO Emilie Choi sold 100,000 shares of the stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $310.88, for a total value of $31,088,000.00. Following the sale, the chief operating officer owned 187,802 shares of the company’s stock, valued at approximately $58,383,885.76. This represents a 34.75% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 820,587 shares of company stock worth $240,717,580 in the last 90 days. 16.56% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

COIN has been the topic of several research analyst reports. Mizuho set a $280.00 price objective on Coinbase Global in a research report on Tuesday, December 16th. Oppenheimer reduced their target price on shares of Coinbase Global from $381.00 to $370.00 and set an “outperform” rating on the stock in a research report on Monday, January 12th. Bank of America upgraded Coinbase Global from a “neutral” rating to a “buy” rating and set a $340.00 price target for the company in a report on Thursday, January 8th. Argus restated a “hold” rating on shares of Coinbase Global in a report on Tuesday, November 25th. Finally, Needham & Company LLC lowered their target price on Coinbase Global from $400.00 to $290.00 and set a “buy” rating for the company in a report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Coinbase Global has a consensus rating of “Moderate Buy” and an average target price of $356.27.

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.