Audent Global Asset Management LLC Buys New Position in Coinbase Global, Inc. $COIN

Audent Global Asset Management LLC bought a new stake in shares of Coinbase Global, Inc. (NASDAQ:COIN) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 2,599 shares of the cryptocurrency exchange’s stock, valued at approximately $877,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Evelyn Partners Investment Management Europe Ltd grew its position in Coinbase Global by 92.3% during the second quarter. Evelyn Partners Investment Management Europe Ltd now owns 75 shares of the cryptocurrency exchange’s stock valued at $29,000 after buying an additional 36 shares during the period. Cullen Frost Bankers Inc. bought a new position in Coinbase Global in the 2nd quarter valued at $30,000. Salomon & Ludwin LLC grew its stake in Coinbase Global by 4,400.0% in the 3rd quarter. Salomon & Ludwin LLC now owns 90 shares of the cryptocurrency exchange’s stock worth $30,000 after acquiring an additional 88 shares in the last quarter. City State Bank purchased a new position in Coinbase Global during the 2nd quarter worth $33,000. Finally, Financial Gravity Companies Inc. bought a new position in Coinbase Global during the 2nd quarter worth about $34,000. Institutional investors own 68.84% of the company’s stock.

Trending Headlines about Coinbase Global

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

• Positive Sentiment: Launched regulated prediction markets nationwide via a Kalshi partnership, opening a new retail trading product that can diversify fee revenue beyond spot crypto. Coinbase Turns Forecasting Into a Trade With New US Prediction Markets
• Positive Sentiment: Integrated Jupiter on Solana to give Coinbase users direct access to millions of Solana tokens, lowering listing friction and expanding product breadth for on‑chain trading. Coinbase Integrates Jupiter Exchange for Direct Access to Millions of Solana Tokens
• Positive Sentiment: Coinbase Ventures backing of Sats Terminal (a Bitcoin super app) signals continued venture activity and ecosystem exposure that could feed future product synergies. Never Sell Your Bitcoin: Sats Terminal Founders
• Positive Sentiment: Analyst pieces highlighting Coinbase’s expansion into services and M&A (COIN vs ICE) reinforce the bull case that the firm is pushing beyond trading revenue. COIN vs. ICE: Which Financial Markets Stock is the Better Buy Now?
• Neutral Sentiment: Cantor Fitzgerald initiated coverage on COIN and Piper Sandler maintained a neutral stance after trimming price targets—mixed analyst attention that adds liquidity to the stock narrative but no clear directional sway. Cantor Fitzgerald Initiates Coverage on Coinbase Global
• Neutral Sentiment: Deribit (Coinbase‑owned derivatives exchange) noted heavy options positioning keeping BTC rangebound, a technical factor that can limit short‑term volatility but also constrain volume spikes. Crypto options activity is keeping Bitcoin stuck near $90,000
• Negative Sentiment: CEO Brian Armstrong publicly pulled support for a major U.S. crypto market-structure bill and reportedly clashed with JPMorgan’s Jamie Dimon at Davos—heightening regulatory and political friction that could slow favorable legislation and raise reputational risk. Coinbase, JPMorgan CEOs clashed over market structure bill at Davos: Report
• Negative Sentiment: Bitcoin plunged to ~ $81k, triggering ~$1.7B in liquidations—crypto price crashes typically reduce Coinbase’s trading volumes and fee revenue, which is the primary near‑term driver of COIN earnings. Bitcoin falls to $81K, triggering $1.7B in liquidations
• Negative Sentiment: UK advertising watchdog reportedly banned Coinbase ads for downplaying risks, a regulatory reprimand that can hurt brand trust and marketing effectiveness in a key market. UK regulators ban Coinbase ads (coverage)
• Negative Sentiment: Critical press and analyst notes (Forbes, price‑target cuts) highlighting a recent market cap decline and technical sell signals (death cross) are amplifying negative investor sentiment and momentum selling. Coinbase Crumbles: Is The Downgrade Justified?

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on COIN. Wall Street Zen downgraded shares of Coinbase Global from a “hold” rating to a “sell” rating in a research note on Saturday, November 22nd. Benchmark reiterated a “buy” rating on shares of Coinbase Global in a research note on Friday, October 31st. Piper Sandler decreased their target price on shares of Coinbase Global from $350.00 to $270.00 and set a “neutral” rating for the company in a research note on Wednesday, January 14th. Needham & Company LLC dropped their price objective on Coinbase Global from $400.00 to $290.00 and set a “buy” rating on the stock in a report on Monday, December 29th. Finally, Raymond James Financial reiterated a “market perform” rating on shares of Coinbase Global in a research report on Thursday, January 8th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $356.27.

Coinbase Global Stock Performance

NASDAQ COIN opened at $194.74 on Friday. The company has a market cap of $52.51 billion, a P/E ratio of 16.85 and a beta of 3.70. Coinbase Global, Inc. has a 1-year low of $142.58 and a 1-year high of $444.64. 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 stock has a 50-day moving average of $244.95 and a two-hundred day moving average of $301.23.

Coinbase Global (NASDAQ:COIN) last announced 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 company had revenue of $1.87 billion for 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 firm’s revenue was up 55.1% on a year-over-year basis. As a group, analysts anticipate that Coinbase Global, Inc. will post 7.22 EPS for the current year.

Insider Activity at Coinbase Global

In other news, Director Frederick Ernest Ehrsam III sold 277,074 shares of the firm’s stock in a transaction on Thursday, November 6th. The shares were sold at an average price of $309.92, for a total value of $85,870,774.08. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Brian Armstrong sold 40,000 shares of the stock in a transaction on Monday, November 17th. The stock was sold at an average price of $271.87, for a total value of $10,874,800.00. The SEC filing for this sale provides additional information. Insiders have sold 820,587 shares of company stock worth $240,717,580 in the last quarter. Company insiders own 16.56% of the company’s stock.

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.