Coinbase Global, Inc. $COIN Stock Holdings Increased by Teacher Retirement System of Texas

Key Points

• Teacher Retirement System of Texas increased its stake in Coinbase (NASDAQ:COIN) by 11.9% in Q4 to 63,209 shares valued at $14.29 million, part of a broader institutional ownership level of 68.84% with several other funds also boosting positions.
• Coinbase missed quarterly expectations, reporting $0.66 EPS vs. $0.83 expected and $1.78B revenue vs. $1.86B expected (revenue down 21.6% YoY); the stock trades with a market cap around $52.8B, a PE near 45.5, a 12‑month range of $139.36–$444.64, and a consensus analyst rating of Hold (target ~$262).
• CFO Alesia J. Haas sold 364,600 shares at about $154.95 (≈$56.5M), cutting her stake by ~47.6%; insiders sold ~394,590 shares (~$62.5M) over the past three months, though insiders still own 16.56% of the company.

Teacher Retirement System of Texas boosted its position in Coinbase Global, Inc. (NASDAQ:COIN) by 11.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 63,209 shares of the cryptocurrency exchange's stock after buying an additional 6,709 shares during the quarter. Teacher Retirement System of Texas' holdings in Coinbase Global were worth $14,294,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of COIN. Integrated Wealth Concepts LLC increased its holdings in Coinbase Global by 24.2% in the first quarter. Integrated Wealth Concepts LLC now owns 2,119 shares of the cryptocurrency exchange's stock valued at $365,000 after buying an additional 413 shares during the last quarter. Empowered Funds LLC boosted its stake in Coinbase Global by 25.8% in the first quarter. Empowered Funds LLC now owns 8,581 shares of the cryptocurrency exchange's stock valued at $1,478,000 after acquiring an additional 1,761 shares during the period. Focus Partners Wealth boosted its stake in Coinbase Global by 9.9% in the first quarter. Focus Partners Wealth now owns 5,202 shares of the cryptocurrency exchange's stock valued at $896,000 after acquiring an additional 467 shares during the period. Sivia Capital Partners LLC acquired a new position in Coinbase Global in the second quarter valued at approximately $285,000. Finally, Cerity Partners LLC boosted its stake in Coinbase Global by 8.6% in the second quarter. Cerity Partners LLC now owns 17,694 shares of the cryptocurrency exchange's stock valued at $6,203,000 after acquiring an additional 1,402 shares during the period. 68.84% of the stock is owned by institutional investors.

Coinbase Global Stock Performance

Shares of NASDAQ COIN opened at $199.77 on Friday. 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 50 day simple moving average of $185.15 and a 200-day simple moving average of $236.68. The company has a market cap of $52.76 billion, a PE ratio of 45.51, a P/E/G ratio of 4.48 and a beta of 3.60. Coinbase Global, Inc. has a 12-month low of $139.36 and a 12-month high of $444.64.

Coinbase Global (NASDAQ:COIN - Get Free Report) last issued its quarterly earnings data 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 business 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 quarterly revenue was down 21.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $4.68 earnings per share. On average, equities research analysts forecast that Coinbase Global, Inc. will post 2.77 EPS for the current year.

More Coinbase Global News

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

• Positive Sentiment: Cantor Fitzgerald raised its price target on Coinbase, signaling analyst confidence in the company’s longer‑term outlook. Cantor Fitzgerald Raises Coinbase Price Target
• Positive Sentiment: Reports say institutional crypto inflows have surged, boosting trading volumes and custody demand—supportive for Coinbase’s revenue mix. Institutional Crypto Inflows Surge
• Positive Sentiment: Coinbase and Bybit announced cooperation on tokenized U.S. equities, which could expand product offerings and institutional execution capabilities. Coinbase and Bybit Tokenized Equities
• Positive Sentiment: Coinbase expanded USDC cross‑border payments with Nium (190+ countries), highlighting growth in payments and stablecoin use cases. Coinbase and Nium USDC Expansion
• Positive Sentiment: Product/market wins around XRP (survey interest and new institutional execution tools like Trade‑at‑Settlement for futures) may attract more institutional flow. Coinbase and XRP Institutional Moves
• Neutral Sentiment: Coinbase joined industry lobbying for the CLARITY Act and broader regulatory clarity—potentially positive long term but uncertain timing. CLARITY Act Push
• Neutral Sentiment: CEO commentary promoting Base and Coinbase’s quantum advisory notes raise the company’s tech/strategic narrative; useful context but not immediate revenue drivers. Base and Tech Commentary
• Negative Sentiment: Wisconsin sued Coinbase and other prediction‑market platforms alleging illegal sports betting; the suit seeks injunctions and adds state regulatory risk. Wisconsin Sues Prediction Markets
• Negative Sentiment: New York previously sued Coinbase over prediction markets and Coinbase moved part of its fight to federal court; accumulating litigation could increase legal costs and operational constraints. New York Prediction Market Suit
• Negative Sentiment: Department of Justice charges tied to insider trading on prediction markets and broader enforcement focus raise compliance and reputational risk for platforms. DOJ Insider Trading Charges
• Negative Sentiment: Binance.US cut spot trading fees to near zero, a competitive move that could pressure Coinbase’s trading revenue and margins. Binance.US Fee Cuts

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the company. Monness Crespi & Hardt downgraded Coinbase Global from a "hold" rating to a "sell" rating in a research note on Monday, February 23rd. The Goldman Sachs Group decreased their target price on Coinbase Global from $235.00 to $225.00 and set a "buy" rating for the company in a research note on Wednesday, April 8th. Zacks Research upgraded Coinbase Global from a "strong sell" rating to a "hold" rating in a research note on Tuesday, April 14th. Mizuho decreased their target price on Coinbase Global from $280.00 to $170.00 and set a "neutral" rating for the company in a research note on Tuesday, February 17th. Finally, JPMorgan Chase & Co. decreased their target price on Coinbase Global from $399.00 to $290.00 and set an "overweight" rating for the company in a research note on Tuesday, February 10th. Nineteen investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $262.07.

Insider Activity

In other news, CFO Alesia J. Haas sold 364,600 shares of the business's stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $154.95, for a total transaction of $56,494,770.00. Following the completion of the transaction, the chief financial officer directly owned 402,165 shares in the company, valued at approximately $62,315,466.75. The trade was a 47.55% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders sold 394,590 shares of company stock worth $62,508,690 in the last three months. Insiders own 16.56% of the company's stock.

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.

Want to see what other hedge funds are holding COIN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Coinbase Global, Inc. (NASDAQ:COIN - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.