<div id="readability-page-1"><p>Blue Trust Inc. cut its stake in shares of  Coinbase Global, Inc. (NASDAQ:COIN) by 95.5% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 336 shares of the cryptocurrency exchange's stock after selling 7,167 shares during the period. Blue Trust Inc.'s holdings in Coinbase Global were worth $83,000 at the end of the most recent quarter.</p><div><p><span></span><span>Get <strong>Coinbase Global</strong> alerts:</span></p></div><ul><li>Is Coinbase Stock a Buy After Earnings?</li></ul><p>A number of other large investors also recently added to or reduced their stakes in COIN. SOA Wealth Advisors LLC. raised its position in shares of  Coinbase Global by 17.7% in the fourth quarter. SOA Wealth Advisors LLC. now owns 266 shares of the cryptocurrency exchange's stock valued at $66,000 after buying an additional 40 shares during the last quarter.  Empowered Funds LLC raised its stake in  Coinbase Global by 0.8% in the third quarter. Empowered Funds LLC now owns 5,185 shares of the cryptocurrency exchange's stock valued at $924,000 after buying an additional 43 shares in the last quarter.  Yousif Capital Management LLC grew its holdings in shares of  Coinbase Global by 1.7% during the fourth quarter. Yousif Capital Management LLC now owns 2,559 shares of the cryptocurrency exchange's stock worth $635,000 after purchasing an additional 44 shares during the last quarter.  Capital Advisors Wealth Management LLC grew its holdings in shares of  Coinbase Global by 3.2% during the fourth quarter. Capital Advisors Wealth Management LLC now owns 1,470 shares of the cryptocurrency exchange's stock worth $365,000 after buying an additional 45 shares during the last quarter.  Finally, Creative Financial Designs Inc. ADV grew its holdings in shares of  Coinbase Global by 9.4% during the third quarter. Creative Financial Designs Inc. ADV now owns 595 shares of the cryptocurrency exchange's stock worth $106,000 after buying an additional 51 shares during the last quarter. 68.84% of the stock is currently owned by institutional investors and hedge funds. </p><h2>Coinbase Global Stock Performance</h2><p>Coinbase Global stock opened at $235.38 on Monday. The firm's 50 day simple moving average is $275.76 and its 200-day simple moving average is $240.54. The company has a market cap of $59.76 billion, a P/E ratio of 24.78 and a beta of 3.61. The company has a debt-to-equity ratio of 0.41, a current ratio of 2.28 and a quick ratio of 2.28. Coinbase Global, Inc. has a fifty-two week low of $146.12 and a fifty-two week high of $349.75. </p><ul><li>With Policy Shifts in Play, Are Crypto Stocks Worth Another Look?</li></ul><p>Coinbase Global (NASDAQ:COIN - Get Free Report) last posted its quarterly earnings results on Thursday, February 13th. The cryptocurrency exchange reported $3.39 EPS for the quarter, topping the consensus estimate of $0.46 by $2.93. Coinbase Global had a net margin of 39.34% and a return on equity of 20.64%.  As a group, equities research analysts predict that  Coinbase Global, Inc. will post 7.22 EPS for the current year. </p><h2>Analyst Ratings Changes</h2><p>A number of equities research analysts have recently issued reports on the stock. JMP Securities lifted their price target on shares of Coinbase Global from $400.00 to $475.00 and gave the company a &#34;market outperform&#34; rating in a research report on Friday, February 14th. Mizuho dropped their price objective on shares of Coinbase Global from $290.00 to $280.00 and set a &#34;neutral&#34; rating for the company in a research report on Thursday. Needham &amp; Company LLC  reissued a &#34;buy&#34; rating and set a $330.00 price objective on shares of Coinbase Global in a report on Thursday, February 13th. Piper Sandler raised their price target on shares of Coinbase Global from $285.00 to $310.00 and gave the stock a &#34;neutral&#34; rating in a research report on Friday, February 14th. Finally, Canaccord Genuity Group lifted their price objective on shares of Coinbase Global from $280.00 to $400.00 and gave the company a &#34;buy&#34; rating in a research report on Friday, February 14th. Ten equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of &#34;Moderate Buy&#34; and an average price target of $306.17.</p><ul><li>Coinbase Gains Momentum on App Store—What It Means for the Stock</li></ul><p><b>Get Our Latest Stock Report on COIN</b></p><h2>Insider Transactions at Coinbase Global</h2><p>In other Coinbase Global news, Director Frederick Ernest Ehrsam III sold 25,194 shares of the business's stock in a transaction on Tuesday, January 21st. The shares were sold at an average price of $298.95, for a total value of $7,531,746.30. Following the sale, the director now owns 10,417 shares of the company's stock, valued at $3,114,162.15. The trade was a 70.75 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, COO Emilie Choi sold 1,500 shares of the business's stock in a transaction on Tuesday, November 26th. The shares were sold at an average price of $298.31, for a total transaction of $447,465.00. Following the completion of the sale, the chief operating officer now directly owns 177,576 shares in the company, valued at $52,972,696.56. This trade represents a 0.84 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 227,591 shares of company stock worth $64,609,581. 23.43% of the stock is owned by insiders. </p><h2>Coinbase Global Profile</h2> (Free Report)<p>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.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Coinbase Global</li><li>ETF Screener: Uses and Step-by-Step Guide </li><li>Why Genuine Parts Company Is a Royally Good Buy Right Now</li><li>Financial Services Stocks Investing</li><li>Industrials Are Quietly Outpacing the Market: 3 Stocks to Watch</li><li>10 Best Airline Stocks to Buy</li><li>These 5 Energy Stocks Hedge Inflation With Growth Potential</li></ul><p><strong>Want to see what other hedge funds are holding COIN?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Coinbase Global, Inc. (NASDAQ:COIN - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9Q09JTg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9Q09JTg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Coinbase Global Right Now?</h2><p>Before you consider Coinbase Global, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Coinbase Global wasn't on the list.</p><p>While Coinbase Global currently has a &#34;Moderate Buy&#34; rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

COIN

<p>Blue Trust Inc. significantly reduced its stake in Coinbase Global, Inc. (NASDAQ:COIN) by 95.5% in Q4, owning only 336 shares after selling 7,167 shares. Other investors, including SOA Wealth Advisors and Empowered Funds, adjusted their positions as well. Coinbase's stock opened at $235.38, with a market cap of $59.76 billion and a P/E ratio of 24.78. Analysts have mixed ratings, with an average price target of $306.17, indicating a "Moderate Buy" sentiment.</p>

- Blue Trust Inc. significantly reduced its stake in Coinbase Global, Inc. by 95.5%, holding only 336 shares valued at $83,000 after selling 7,167 shares in Q4.  
- Other investors, such as SOA Wealth Advisors LLC and Empowered Funds LLC, adjusted their positions in Coinbase, with varying increases and decreases in share ownership.  
- Coinbase's stock performance shows a market cap of $59.76 billion, a P/E ratio of 24.78, and recent earnings exceeded expectations, leading to a "Moderate Buy" rating from analysts.

Coinbase Global, Inc. (NASDAQ:COIN) Shares Sold by Blue Trust Inc.