Chevy Chase Trust Holdings LLC Has $38.95 Million Stake in Coinbase Global, Inc. $COIN

Chevy Chase Trust Holdings LLC lifted its position in shares of Coinbase Global, Inc. (NASDAQ:COIN) by 3.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 115,419 shares of the cryptocurrency exchange’s stock after purchasing an additional 3,755 shares during the period. Chevy Chase Trust Holdings LLC’s holdings in Coinbase Global were worth $38,953,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in COIN. REAP Financial Group LLC bought a new stake in shares of Coinbase Global in the third quarter valued at about $25,000. Evelyn Partners Investment Management Europe Ltd grew its stake in shares of Coinbase Global by 92.3% in the second quarter. Evelyn Partners Investment Management Europe Ltd now owns 75 shares of the cryptocurrency exchange’s stock valued at $29,000 after acquiring an additional 36 shares in the last quarter. Salomon & Ludwin LLC increased its position in Coinbase Global by 4,400.0% during the third quarter. Salomon & Ludwin LLC now owns 90 shares of the cryptocurrency exchange’s stock worth $30,000 after acquiring an additional 88 shares during the period. Financial Gravity Companies Inc. bought a new position in Coinbase Global during the second quarter worth about $34,000. Finally, Foster Dykema Cabot & Partners LLC acquired a new stake in Coinbase Global in the 3rd quarter worth about $35,000. 68.84% of the stock is owned by institutional investors and hedge funds.

Coinbase Global Price Performance

Shares of NASDAQ:COIN opened at $195.53 on Monday. The firm has a 50 day moving average of $198.54 and a 200-day moving average of $264.83. Coinbase Global, Inc. has a 12 month low of $139.36 and a 12 month high of $444.64. The company has a current ratio of 2.34, a quick ratio of 2.34 and a debt-to-equity ratio of 0.40. The stock has a market capitalization of $51.64 billion, a PE ratio of 44.54, a PEG ratio of 3.44 and a beta of 3.70.

Coinbase Global (NASDAQ:COIN) last posted its quarterly earnings results on Thursday, February 12th. The cryptocurrency exchange reported $0.66 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.83 by ($0.17). The firm had revenue of $1.78 billion for the quarter, compared to analyst estimates 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 was down 21.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $4.68 EPS. On average, equities research analysts predict that Coinbase Global, Inc. will post 7.22 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have issued reports on COIN shares. Wall Street Zen lowered shares of Coinbase Global from a “hold” rating to a “sell” rating in a research report on Saturday, November 22nd. Canaccord Genuity Group dropped their price target on shares of Coinbase Global from $400.00 to $300.00 and set a “buy” rating for the company in a research report on Friday, February 13th. Piper Sandler cut their price target on Coinbase Global from $270.00 to $150.00 and set a “neutral” rating for the company in a research note on Friday, February 13th. Erste Group Bank downgraded Coinbase Global from a “buy” rating to a “hold” rating in a research report on Thursday, November 20th. Finally, Bank of America upgraded Coinbase Global from a “neutral” rating to a “buy” rating and set a $340.00 price objective on the stock in a research note on Thursday, January 8th. Nineteen research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $270.51.

Insiders Place Their Bets

In other news, Director Frederick Ernest Ehrsam III sold 1,375 shares of the business’s stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $250.27, for a total transaction of $344,121.25. 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 company’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $248.96, for a total value of $9,958,400.00. The disclosure for this sale is available in the SEC filing. Insiders sold 469,545 shares of company stock worth $82,226,458 over the last three months. Insiders own 16.56% of the company’s stock.

Coinbase Global News Summary

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

• Positive Sentiment: Bitcoin’s rally and stronger spot/ETF flows are driving trading activity and a Coinbase price premium, which should help COIN’s transaction revenue. Key Bitcoin price levels to watch as BTC nears new monthly highs
• Positive Sentiment: Short interest in COIN has reportedly doubled this year, raising the potential for a short squeeze if bullish flows continue — a technical/positioning tailwind for the stock. Coinbase Short Interest Doubles In 2026: S3 Data Shows Elevated Potential For Short Squeeze
• Positive Sentiment: Product expansion: Coinbase launched regulated crypto and index futures across 26 European countries, widening its addressable market and revenue opportunities outside the U.S. COIN Broadens Reach With Europe Futures: Is it Making a Global Push?
• Neutral Sentiment: Stablecoin adoption and TradFi pilots (Aon’s pilot) are expanding the payments use case; Coinbase is participating in some pilots, which could broaden non-trading revenue but also elevates competition from stablecoin issuers like Circle. Crypto Biz: Circle stock defies Wall Street and digital asset selloff
• Neutral Sentiment: Regulatory clarity moves: the CFTC’s new prediction market rules affect Coinbase’s product set and open a 45‑day comment period — could increase compliance costs but also reduce legal uncertainty if finalized. CFTC Unveils Prediction Market Regulations Impacting Kalshi, Polymarket, and Coinbase
• Neutral Sentiment: Company messaging: Coinbase executives publicly denied allegations they lobbied against a Bitcoin de minimis tax exemption — reduces rumor-driven regulatory uncertainty but leaves the broader policy debate unresolved. Coinbase execs deny lobbying against Bitcoin de minimis tax exemption
• Negative Sentiment: Negative headlines and positioning risks: media coverage highlights insider share sales and commentary (e.g., Jim Cramer recommending Bitcoin over COIN), which can weigh on sentiment and valuation multiples. Coinbase (COIN) Stock Faces Mounting Pressure as Cramer Recommends Bitcoin Over Shares
• Negative Sentiment: Ongoing controversy about alleged lobbying around BTC tax rules (despite denials) keeps regulatory and reputational risk on investors’ radars. Is Coinbase Sabotaging Bitcoin De Minimis Tax Exemption In Favor Of Stablecoins?

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.