Coinbase Global (NASDAQ:COIN) Shares Purchased Rep. Gilbert Ray Cisneros, Jr.

Key Points

• Rep. Gilbert Ray Cisneros Jr. purchased between $1,001 and $15,000 of Coinbase stock on July 17 through a Bank of America trust account.
• Coinbase reported a larger-than-expected quarterly loss of $1.36 per share and revenue of $1.22 billion, below the $1.29 billion consensus estimate; revenue fell 18.5% year over year.
• Analysts remain mixed, with a consensus “Hold” rating and an average price target of $216.87, while Coinbase shares recently opened at $184.64.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Coinbase Global, Inc. (NASDAQ:COIN). In a filing disclosed on September 04th, the Representative disclosed that they had bought between $1,001 and $15,000 in Coinbase Global stock on July 17th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $15,001 - $50,000 in shares of Mesabi Trust NYSE: MSB on 7/31/2026.
• Purchased $1,001 - $15,000 in shares of Praxis Precision Medicines NASDAQ: PRAX on 7/30/2026.
• Purchased $15,001 - $50,000 in shares of Alkermes NASDAQ: ALKS on 7/30/2026.
• Sold $15,001 - $50,000 in shares of Crinetics Pharmaceuticals NASDAQ: CRNX on 7/30/2026.
• Sold $100,001 - $250,000 in shares of Alibaba Group NYSE: BABA on 7/24/2026.
• Sold $1,001 - $15,000 in shares of Adobe NASDAQ: ADBE on 7/24/2026.
• Sold $1,001 - $15,000 in shares of Viavi Solutions NASDAQ: VIAV on 7/21/2026.
• Purchased $1,001 - $15,000 in shares of SailPoint NASDAQ: SAIL on 7/21/2026.
• Purchased $1,001 - $15,000 in shares of Glacier Bancorp NYSE: GBCI on 7/21/2026.
• Sold $1,001 - $15,000 in shares of FedEx NYSE: FDX on 7/21/2026.

Coinbase Global Price Performance

Coinbase Global stock opened at $184.64 on Tuesday. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.42 and a quick ratio of 2.42. The company's 50-day moving average is $164.14 and its 200-day moving average is $175.74. The firm has a market capitalization of $48.72 billion, a PE ratio of -48.08 and a beta of 3.39. Coinbase Global, Inc. has a fifty-two week low of $139.11 and a fifty-two week high of $402.16.

Coinbase Global (NASDAQ:COIN - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The cryptocurrency exchange reported ($1.36) EPS for the quarter, missing analysts' consensus estimates of ($0.44) by ($0.92). The business had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.29 billion. Coinbase Global had a positive return on equity of 3.12% and a negative net margin of 15.72%.The company's revenue for the quarter was down 18.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $5.14 EPS. Sell-side analysts anticipate that Coinbase Global, Inc. will post -0.39 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have recently commented on COIN shares. Oppenheimer reduced their target price on Coinbase Global from $209.00 to $193.00 and set an "outperform" rating for the company in a research note on Friday, July 31st. BTIG Research reduced their price objective on shares of Coinbase Global from $260.00 to $240.00 and set a "buy" rating for the company in a research report on Friday, July 31st. Rothschild & Co Redburn increased their price objective on shares of Coinbase Global from $254.00 to $263.00 and gave the company a "buy" rating in a research report on Thursday, May 14th. Canaccord Genuity Group reaffirmed a "buy" rating and set a $300.00 target price on shares of Coinbase Global in a report on Friday, July 31st. Finally, UBS Group set a $155.00 price target on shares of Coinbase Global in a research note on Friday, July 31st. Eighteen research analysts have rated the stock with a Buy rating, nine have given a Hold rating and five have issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $216.87.

Insider Transactions at Coinbase Global

In other news, CAO Jennifer N. Jones sold 2,062 shares of the company's stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $188.75, for a total value of $389,202.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frederick R. Wilson sold 35,068 shares of the business's stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $144.32, for a total transaction of $5,061,013.76. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 57,130 shares of company stock valued at $8,830,416. Insiders own 16.66% of the company's stock.

Institutional Investors Weigh In On Coinbase Global

A number of institutional investors have recently modified their holdings of the business. California State Teachers Retirement System boosted its position in Coinbase Global by 14,352.9% in the second quarter. California State Teachers Retirement System now owns 46,883,279 shares of the cryptocurrency exchange's stock valued at $6,853,867,000 after buying an additional 46,558,893 shares in the last quarter. Norges Bank bought a new position in shares of Coinbase Global in the 4th quarter valued at $656,744,000. Capital World Investors lifted its stake in shares of Coinbase Global by 847.2% in the 4th quarter. Capital World Investors now owns 1,536,534 shares of the cryptocurrency exchange's stock valued at $347,472,000 after acquiring an additional 1,374,318 shares during the last quarter. Bank of New York Mellon Corp acquired a new stake in shares of Coinbase Global during the 2nd quarter valued at $142,995,000. Finally, Southpoint Capital Advisors LP bought a new stake in Coinbase Global during the 1st quarter worth $104,766,000. Institutional investors own 68.84% of the company's stock.

More Coinbase Global News

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

• Positive Sentiment: Coinbase launched 23 regulated perpetual and dated futures contracts for eligible Canadian customers, covering Bitcoin, Ether, Solana and other assets. The rollout supports CEO Brian Armstrong’s “everything exchange” strategy and could expand trading activity and fee revenue. Coinbase Brings BTC, ETH and SOL Derivatives to Canada
• Positive Sentiment: Analysts and crypto-focused publications continue to identify COIN as a stock to watch during Bitcoin’s recovery rally, highlighting Coinbase’s trading platform, institutional infrastructure and potential benefit from stronger crypto prices. Coinbase, Circle and Robinhood: Three Crypto Stocks to Watch in September
• Positive Sentiment: Coinbase believes the next major adoption wave could come from AI agents transacting autonomously on blockchain networks. If that use case develops, it could create new transaction and infrastructure revenue streams, although the opportunity remains early-stage. Coinbase Says Crypto's Next Wave of Growth Will Come From AI Agents
• Neutral Sentiment: Upcoming votes on the CLARITY Act and the launch of Circle Arc are expected to shape the regulatory and infrastructure outlook for the crypto industry. Clearer rules could help Coinbase, but delays or unfavorable provisions could increase uncertainty. Week Ahead: Two Market-Moving Events in 48 Hours
• Neutral Sentiment: Analysts have an average “Hold” recommendation, suggesting that the company’s growth opportunities are balanced by its elevated valuation and exposure to volatile cryptocurrency markets. Coinbase Receives Average Hold Recommendation
• Negative Sentiment: Coinbase’s recent quarterly results showed a larger-than-expected per-share loss and revenue below consensus, reinforcing concerns that weaker trading activity could pressure near-term results. A prior market rally also faded after a strong jobs report reduced expectations for easier monetary policy. Coinbase Slides as Hot Jobs Report Dents Rally

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election. Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

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.

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