Rede Wealth LLC Takes Position in Coinbase Global, Inc. $COIN

Key Points

• Rede Wealth LLC acquired a new stake of 8,088 shares in Coinbase Global (NASDAQ:COIN) in the fourth quarter, worth about $1.83 million and representing roughly 0.6% of the fund’s portfolio (its 17th largest holding).
• Coinbase missed quarterly estimates, reporting $0.66 EPS vs. $0.83 expected and $1.78 billion in revenue vs. $1.86 billion expected, with revenue down about 21.6% year‑over‑year.
• Significant insider selling has occurred recently—CFO Alesia J. Haas sold 364,600 shares (~$56.5 million) and insiders sold about 396,745 shares (~$63.6 million) in the last 90 days—while institutional investors own roughly 68.8% of the stock.

Rede Wealth LLC acquired a new stake in Coinbase Global, Inc. (NASDAQ:COIN) in the 4th quarter, according to its most recent filing with the SEC. The fund acquired 8,088 shares of the cryptocurrency exchange's stock, valued at approximately $1,829,000. Coinbase Global accounts for about 0.6% of Rede Wealth LLC's investment portfolio, making the stock its 17th biggest holding.

Other large investors have also recently bought and sold shares of the company. Integrated Wealth Concepts LLC boosted its holdings in shares of Coinbase Global by 24.2% in the 1st 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 increased its position in Coinbase Global by 25.8% during the 1st quarter. Empowered Funds LLC now owns 8,581 shares of the cryptocurrency exchange's stock worth $1,478,000 after buying an additional 1,761 shares during the period. Focus Partners Wealth increased its holdings in Coinbase Global by 9.9% in the 1st quarter. Focus Partners Wealth now owns 5,202 shares of the cryptocurrency exchange's stock valued at $896,000 after buying an additional 467 shares during the period. Sivia Capital Partners LLC bought a new position in Coinbase Global in the 2nd quarter valued at about $285,000. Finally, Cerity Partners LLC increased its holdings in Coinbase Global by 8.6% in the 2nd quarter. Cerity Partners LLC now owns 17,694 shares of the cryptocurrency exchange's stock valued at $6,203,000 after buying an additional 1,402 shares during the period. Institutional investors and hedge funds own 68.84% of the company's stock.

Coinbase Global Stock Up 3.8%

Shares of NASDAQ COIN opened at $174.31 on Tuesday. Coinbase Global, Inc. has a one year low of $139.36 and a one year high of $444.64. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.34 and a quick ratio of 2.34. The business's fifty day moving average price is $178.14 and its 200-day moving average price is $244.74. The stock has a market capitalization of $46.03 billion, a PE ratio of 39.71, a P/E/G ratio of 3.73 and a beta of 3.60.

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 analysts' consensus estimates of $0.83 by ($0.17). The company had revenue of $1.78 billion for the quarter, compared to analysts' expectations 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 for the quarter was down 21.6% on a year-over-year basis. During the same period last year, the company posted $4.68 EPS. On average, equities research analysts anticipate that Coinbase Global, Inc. will post 7.22 EPS for the current year.

Trending Headlines about Coinbase Global

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

• Positive Sentiment: CEO Brian Armstrong’s public support for the U.S. CLARITY Act reduces a major regulatory overhang and improves the odds of clearer rules for exchanges and institutional participation — a structural positive for Coinbase’s U.S. business. Coinbase CEO Brian Armstrong Drops Opposition and Backs the CLARITY Act Bill
• Positive Sentiment: Rising institutional activity in Bitcoin and strong CEX/custody flows reinforce Coinbase’s revenue leverage to asset prices and ETF-related custody, supporting forward revenue potential. Analysts note Coinbase’s central role in U.S. flows. Bitcoin Institutional Dominance Hits 82 Amid Surging OTC Activity
• Positive Sentiment: Feature pieces on Coinbase’s on‑chain and AI initiatives position the firm as an innovation driver in crypto markets — narrative support for multiple revenue streams beyond spot trading. How Coinbase Is Transforming Global Markets Through Onchain Innovation
• Neutral Sentiment: Coinbase set its Q1 2026 earnings release for May 7 after the close with a webcast — an event date that will drive near‑term volatility as investors repriced estimates ahead of results. Coinbase Announces Date of First Quarter 2026 Financial Results
• Neutral Sentiment: Large on‑chain XRP deposits to Coinbase were reported, signaling elevated trader activity and liquidity flow through the exchange — useful for fee generation but ambiguous for direction until executed trades are visible. XRP Whale Dumps $119 Million into Coinbase
• Negative Sentiment: Some brokers are cutting targets and analysts expect sell‑side estimates to be reset lower after COIN’s recent pullback from March highs — a headwind for near‑term sentiment and a reason for elevated volatility. Citizens Jmp Cuts Coinbase Global NASDAQ: COIN Price Target to $355.00
• Negative Sentiment: Coverage note: commentary that COIN shares have fallen ~26% from March highs and that Street estimates will likely move lower highlights the risk of further analyst downgrades and multiple compression if revenue growth disappoints. COIN Shares Fall 26% but Analysts See Reset Expectations

Insider Buying and Selling at Coinbase Global

In other Coinbase Global news, Director Frederick Ernest Ehrsam III sold 2,750 shares of Coinbase Global stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $260.09, for a total value of $715,247.50. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CFO Alesia J. Haas sold 364,600 shares of Coinbase Global stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $154.95, for a total value 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 $62,315,466.75. This trade represents a 47.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 396,745 shares of company stock worth $63,576,559. 16.56% of the stock is owned by insiders.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft set a $250.00 price objective on Coinbase Global in a research note on Friday, February 13th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Coinbase Global in a research note on Friday, January 9th. Jefferies Financial Group lifted their target price on Coinbase Global from $151.00 to $181.00 and gave the stock a "hold" rating in a report on Thursday, April 9th. Needham & Company LLC lowered their target price on Coinbase Global from $290.00 to $230.00 and set a "buy" rating for the company in a report on Friday, February 13th. Finally, Raymond James Financial restated a "market perform" rating on shares of Coinbase Global in a report on Thursday, January 8th. Nineteen investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of "Hold" and an average price target of $260.11.

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.

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