Coinbase Global (NASDAQ:COIN) Shares Acquired Rep. Tim Moore

Key Points

• Representative Tim Moore purchased between $15,001 and $50,000 in shares of Coinbase Global (NASDAQ:COIN) on September 11th, as disclosed in a filing on October 10th.
• Coinbase Global's stock is currently priced at $341.55, with a market cap of $87.76 billion and a price-to-earnings ratio of 33.03.
• Insiders, including CEO Brian Armstrong, have significantly reduced their holdings, with Armstrong selling 25,000 shares for over $8.8 million, indicating potential confidence issues among management.

Representative Tim Moore (R-North Carolina) recently bought shares of Coinbase Global, Inc. NASDAQ: COIN. In a filing disclosed on October 10th, the Representative disclosed that they had bought between $15,001 and $50,000 in Coinbase Global stock on September 11th. The trade occurred in the Representative's "TRADEWINDS" account.

Representative Tim Moore also recently made the following trade(s):

• Sold $50,001 - $100,000 in shares of Hyster-Yale NYSE: HY on 9/19/2025.
• Purchased $50,001 - $100,000 in shares of Hyster-Yale NYSE: HY on 9/11/2025.
• Sold $1,001 - $15,000 in shares of Colgate-Palmolive NYSE: CL on 9/10/2025.
• Sold $1,001 - $15,000 in shares of Procter & Gamble NYSE: PG on 9/10/2025.
• Sold $100,001 - $250,000 in shares of Centene NYSE: CNC on 8/18/2025.
• Sold $50,001 - $100,000 in shares of UnitedHealth Group NYSE: UNH on 8/15/2025.
• Sold $100,001 - $250,000 in shares of Intel NASDAQ: INTC on 8/13/2025.
• Sold $50,001 - $100,000 in shares of Hyster-Yale NYSE: HY on 8/13/2025.
• Purchased $15,001 - $50,000 in shares of Hyster-Yale NYSE: HY on 8/12/2025.
• Purchased $15,001 - $50,000 in shares of Intel NASDAQ: INTC on 8/11/2025.

Coinbase Global Price Performance

COIN stock traded down $15.44 during midday trading on Tuesday, hitting $341.55. 9,388,011 shares of the stock were exchanged, compared to its average volume of 11,081,636. The company has a debt-to-equity ratio of 0.25, a quick ratio of 2.13 and a current ratio of 2.12. The stock has a market cap of $87.76 billion, a price-to-earnings ratio of 33.03 and a beta of 3.68. Coinbase Global, Inc. has a fifty-two week low of $142.58 and a fifty-two week high of $444.64. The stock's 50-day moving average price is $325.84 and its 200-day moving average price is $289.77.

Coinbase Global (NASDAQ:COIN - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The cryptocurrency exchange reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.91 by ($0.79). Coinbase Global had a return on equity of 16.02% and a net margin of 40.87%.The firm had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.68 billion. During the same period last year, the firm earned $0.14 EPS. The company's quarterly revenue was up 3.3% compared to the same quarter last year. Research analysts predict that Coinbase Global, Inc. will post 7.22 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Envestnet Asset Management Inc. increased its stake in Coinbase Global by 24.0% in the first quarter. Envestnet Asset Management Inc. now owns 51,447 shares of the cryptocurrency exchange's stock valued at $8,861,000 after purchasing an additional 9,952 shares during the last quarter. Amalgamated Bank increased its stake in shares of Coinbase Global by 4.8% during the 1st quarter. Amalgamated Bank now owns 13,747 shares of the cryptocurrency exchange's stock valued at $2,368,000 after acquiring an additional 629 shares during the last quarter. Kera Capital Partners Inc. lifted its holdings in shares of Coinbase Global by 3.0% during the 2nd quarter. Kera Capital Partners Inc. now owns 36,960 shares of the cryptocurrency exchange's stock worth $12,954,000 after acquiring an additional 1,085 shares during the period. Parallel Advisors LLC lifted its holdings in shares of Coinbase Global by 102.6% during the 2nd quarter. Parallel Advisors LLC now owns 10,665 shares of the cryptocurrency exchange's stock worth $3,738,000 after acquiring an additional 5,402 shares during the period. Finally, GAMMA Investing LLC boosted its position in shares of Coinbase Global by 8.1% in the first quarter. GAMMA Investing LLC now owns 1,123 shares of the cryptocurrency exchange's stock worth $193,000 after acquiring an additional 84 shares during the last quarter. Hedge funds and other institutional investors own 68.84% of the company's stock.

Insider Transactions at Coinbase Global

In other news, CFO Alesia J. Haas sold 1,742 shares of the business's stock in a transaction on Monday, September 15th. The shares were sold at an average price of $322.22, for a total transaction of $561,307.24. Following the completion of the sale, the chief financial officer directly owned 5,226 shares of the company's stock, valued at $1,683,921.72. The trade was a 25.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Brian Armstrong sold 25,000 shares of the company's stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $355.47, for a total value of $8,886,750.00. Following the sale, the chief executive officer owned 526 shares of the company's stock, valued at approximately $186,977.22. The trade was a 97.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 372,815 shares of company stock valued at $135,227,072 in the last quarter. Insiders own 23.43% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on COIN. Monness Crespi & Hardt cut shares of Coinbase Global from a "buy" rating to a "neutral" rating in a research report on Monday, July 28th. BTIG Research started coverage on shares of Coinbase Global in a research note on Wednesday, October 1st. They set a "buy" rating and a $410.00 price objective for the company. Redburn Partners set a $417.00 target price on Coinbase Global in a research note on Friday, October 3rd. Keefe, Bruyette & Woods lowered their target price on Coinbase Global from $355.00 to $335.00 and set a "market perform" rating on the stock in a report on Monday, August 4th. Finally, HC Wainwright reissued a "sell" rating and issued a $300.00 price target on shares of Coinbase Global in a report on Friday, August 1st. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $367.94.

About Representative Moore

Timothy K. Moore (Republican Party) is a member of the U.S. House, representing North Carolina's 14th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Moore (Republican Party) ran for election to the U.S. House to represent North Carolina's 14th Congressional District. He won in the general election on November 5, 2024. Moore served as speaker of the House from 2015 to 2025. Timothy Moore earned his B.A. from the University of North Carolina-Chapel Hill in 1992 and his J.D. from the Oklahoma City University School of Law in 1995. His professional experience includes working as an attorney.

About Coinbase Global

Coinbase Global, Inc provides financial infrastructure and technology for the crypto economy in the United States and internationally. The company offers the primary financial account in the crypto economy for consumers; and a marketplace with a pool of liquidity for transacting in crypto assets for institutions.

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