<div id="readability-page-1"><p>Shares of Coinbase Global, Inc. (NASDAQ:COIN) fell 1.5% during trading on Wednesday . The stock traded as low as $333.10 and last traded at $336.30. 7,812,351 shares changed hands during trading, a decline of 29% from the average session volume of 11,065,258 shares. The stock had previously closed at $341.55.</p><div><p><span></span><span>Get <strong>Coinbase Global</strong> alerts:</span></p></div><h2>Analysts Set New Price Targets</h2><ul><li>3 Ways to Test the Crypto Market Without Owning Bitcoin</li></ul><p>Several brokerages have recently commented on COIN. Weiss Ratings  restated a &#34;hold (c)&#34; rating on shares of Coinbase Global in a research report on Tuesday. Sanford C. Bernstein raised their target price on shares of Coinbase Global from $310.00 to $510.00 and gave the company an &#34;outperform&#34; rating in a research note on Wednesday, June 25th. Oppenheimer  reaffirmed an &#34;outperform&#34; rating and set a $417.00 target price on shares of Coinbase Global in a research note on Thursday, July 31st. Mizuho  set a $300.00 target price on shares of Coinbase Global in a research note on Thursday, September 18th. Finally, JMP Securities raised their target price on shares of Coinbase Global from $400.00 to $440.00 and gave the company a &#34;market outperform&#34; rating in a research note on Monday, July 14th. One research analyst  has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eleven have given a Hold rating and two have issued  a Sell rating to the stock. According to data from MarketBeat.com, Coinbase Global  has a consensus rating of &#34;Moderate Buy&#34; and a consensus price target of $367.94.</p><p><b>Check Out Our Latest Report on COIN</b></p><h2>Coinbase Global Stock Down 1.5%</h2><ul><li>These 3 Crypto Stocks Could Get a Bump as Dollar Trust Weakens</li></ul><p>The firm has a market capitalization of $86.41 billion, a PE ratio of 32.52 and a beta of 3.68. The business's 50 day simple moving average is $326.71 and its 200 day simple moving average is $290.13. The company has a current ratio of 2.12, a quick ratio of 2.13 and a debt-to-equity ratio of 0.25. </p><p>Coinbase Global (NASDAQ:COIN - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The cryptocurrency exchange reported $0.12 EPS for the quarter, missing analysts' consensus estimates of $0.91 by ($0.79). Coinbase Global had a return on equity of 16.02% and a net margin of 40.87%.The business had revenue of $1.50 billion during the quarter, compared to analysts' expectations of $1.68 billion. During the same period in the previous year, the business earned $0.14 earnings per share. The business's quarterly revenue was up 3.3% on a year-over-year basis.  On average, equities research analysts forecast that  Coinbase Global, Inc. will post 7.22 earnings per share for the current year. </p><h2>Insider Buying and Selling at Coinbase Global</h2><ul><li>As Bitcoin Falls and Ethereum Rallies, Coinbase Stock Comes Back</li></ul><p>In other news, CFO Alesia J. Haas sold 4,675 shares of the firm's stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $322.24, for a total value of $1,506,472.00. Following the completion of the sale, the chief financial officer owned 89,220 shares in the company, valued at approximately $28,750,252.80. This trade represents a 4.98% decrease in their position. The transaction was disclosed in a legal filing with the Securities &amp; Exchange Commission, which can be accessed through the SEC website. Also, CEO Brian Armstrong sold 25,000 shares of the firm's stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $355.47, for a total transaction of $8,886,750.00. Following the completion of the sale, the chief executive officer owned 526 shares of the company's stock, valued at $186,977.22. This trade represents a 97.94% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 174,515 shares of company stock valued at $56,329,451. Corporate insiders own  23.43% of the company's stock. </p><h2>Institutional Investors Weigh In On Coinbase Global</h2><p>Institutional investors have recently made changes to their positions in the company. Cadent Capital Advisors LLC lifted its holdings in  Coinbase Global by 1.0% during the 2nd quarter. Cadent Capital Advisors LLC now owns 3,162 shares of the cryptocurrency exchange's stock valued at $1,108,000 after buying an additional 30 shares in the last quarter.  Ameriflex Group Inc. raised its holdings in shares of  Coinbase Global by 20.0% in the 2nd quarter. Ameriflex Group Inc. now owns 180 shares of the cryptocurrency exchange's stock valued at $68,000 after purchasing an additional 30 shares in the last quarter.  Elevation Wealth Partners LLC raised its holdings in shares of  Coinbase Global by 37.6% in the 3rd quarter. Elevation Wealth Partners LLC now owns 117 shares of the cryptocurrency exchange's stock valued at $39,000 after purchasing an additional 32 shares in the last quarter.  Pettinga Financial Advisors LLC raised its holdings in shares of  Coinbase Global by 2.6% in the 2nd quarter. Pettinga Financial Advisors LLC now owns 1,321 shares of the cryptocurrency exchange's stock valued at $463,000 after purchasing an additional 34 shares in the last quarter.  Finally, StoneX Group Inc. raised its holdings in shares of  Coinbase Global by 1.8% in the 2nd quarter. StoneX Group Inc. now owns 1,970 shares of the cryptocurrency exchange's stock valued at $690,000 after purchasing an additional 34 shares in the last quarter. Institutional investors own  68.84% of the company's stock. </p><h2>Coinbase Global Company Profile</h2> (Get 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>See Also</h2><ul><li>Five stocks we like better than Coinbase Global</li><li>Transportation Stocks Investing</li><li>Novo Nordisk’s Akero Therapeutics Buy Targets Eli Lilly’s Lead</li><li>The Significance of Brokerage Rankings in Stock Selection</li><li>ASML Can Hit New Highs, But It Won’t Be Easy: Here’s Why</li><li>Do Real Estate Investment Trusts Deserve a Place in Your Portfolio?</li><li>Vertiv Stock Surges on Strategic CFO Hire and AI Momentum</li></ul><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 Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

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<p>Coinbase Global (NASDAQ:COIN) shares fell 1.5% to $336.30 during trading, with a volume decline of 29% from the average. Analysts have mixed ratings, with a consensus of "Moderate Buy" and a price target of $367.94. The company reported a quarterly EPS of $0.12, missing estimates, and revenue of $1.50 billion. Insider selling included CFO Alesia J. Haas and CEO Brian Armstrong. Institutional investors have adjusted their positions, with some increasing their holdings in the second quarter.</p>

- Coinbase Global, Inc. (NASDAQ:COIN) shares fell 1.5% to $336.30, with trading volume down 29% from average levels.  
- Analysts have mixed ratings on the stock, with a consensus rating of "Moderate Buy" and a price target of $367.94, while recent earnings missed expectations.  
- Insider selling has been notable, with CFO Alesia J. Haas and CEO Brian Armstrong reducing their holdings significantly in recent transactions.

Coinbase Global (NASDAQ:COIN) Stock Price Down 1.5% - Here's What Happened