<div id="readability-page-1"><p>MGO One Seven LLC boosted its position in shares of  Coinbase Global, Inc. (NASDAQ:COIN - Free Report) by 78.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities &amp; Exchange Commission. The firm owned 3,186 shares of the cryptocurrency exchange's stock after acquiring an additional 1,401 shares during the period. MGO One Seven LLC's holdings in Coinbase Global were worth $1,117,000 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>3 Ways to Test the Crypto Market Without Owning Bitcoin</li></ul><p>Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in  Coinbase Global by 4.8% during the first quarter. Vanguard Group Inc. now owns 19,294,456 shares of the cryptocurrency exchange's stock valued at $3,323,084,000 after acquiring an additional 875,359 shares during the period.  ARK Investment Management LLC increased its stake in  Coinbase Global by 1.1% during the first quarter. ARK Investment Management LLC now owns 3,069,107 shares of the cryptocurrency exchange's stock valued at $528,592,000 after acquiring an additional 34,462 shares during the period.  Groupama Asset Managment increased its stake in  Coinbase Global by 100.0% during the first quarter. Groupama Asset Managment now owns 3,000,000 shares of the cryptocurrency exchange's stock valued at $516,690,000 after acquiring an additional 1,500,000 shares during the period.  Amundi increased its stake in  Coinbase Global by 44.1% during the first quarter. Amundi now owns 1,574,434 shares of the cryptocurrency exchange's stock valued at $268,850,000 after acquiring an additional 481,786 shares during the period.  Finally, Northern Trust Corp increased its stake in  Coinbase Global by 0.6% during the first quarter. Northern Trust Corp now owns 1,302,433 shares of the cryptocurrency exchange's stock valued at $224,318,000 after acquiring an additional 7,675 shares during the period. 68.84% of the stock is currently owned by institutional investors. </p><h2>Wall Street Analysts Forecast Growth</h2><p>Several equities analysts recently issued reports on the company. Canaccord Genuity Group  restated a &#34;buy&#34; rating and set a $400.00 price target on shares of Coinbase Global in a research note on Friday, August 1st. Benchmark boosted their price target on Coinbase Global from $301.00 to $421.00 and gave the company a &#34;buy&#34; rating in a research note on Monday, June 23rd. Rothschild Redb raised Coinbase Global from a &#34;hold&#34; rating to a &#34;strong-buy&#34; rating in a report on Friday, October 3rd. Sanford C. Bernstein lifted their price objective on Coinbase Global from $310.00 to $510.00 and gave the company an &#34;outperform&#34; rating in a report on Wednesday, June 25th. Finally, Compass Point  reaffirmed a &#34;sell&#34; rating and set a $248.00 price objective (down from $330.00) on shares of Coinbase Global in a report on Monday, August 4th. One analyst  has rated the stock with a Strong Buy rating, fifteen have assigned  a Buy rating, eleven have issued  a Hold rating and two have assigned  a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of &#34;Moderate Buy&#34; and an average price target of $367.94.</p><ul><li>These 3 Crypto Stocks Could Get a Bump as Dollar Trust Weakens</li></ul><p><b>View Our Latest Stock Report on Coinbase Global</b></p><h2>Coinbase Global Stock Down 1.8%</h2><p>NASDAQ COIN opened at $330.25 on Friday. The company has a current ratio of 2.12, a quick ratio of 2.13 and a debt-to-equity ratio of 0.25. The stock's 50 day moving average is $327.75 and its two-hundred day moving average is $291.54. The company has a market capitalization of $84.85 billion, a price-to-earnings ratio of 31.94 and a beta of 3.68. Coinbase Global, Inc. has a 1-year low of $142.58 and a 1-year high of $444.64. </p><ul><li>As Bitcoin Falls and Ethereum Rallies, Coinbase Stock Comes Back</li></ul><p>Coinbase Global (NASDAQ:COIN - Get Free Report) last announced its earnings results on Thursday, July 31st. The cryptocurrency exchange reported $0.12 EPS for the quarter, missing the consensus estimate of $0.91 by ($0.79). The business had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.68 billion. Coinbase Global had a return on equity of 16.02% and a net margin of 40.87%.The firm's revenue was up 3.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.14 earnings per share.  Equities analysts forecast that  Coinbase Global, Inc. will post 7.22 earnings per share for the current fiscal year. </p><h2>Insider Transactions at Coinbase Global</h2><p>In other news, CEO Brian Armstrong sold 25,000 shares of the business's stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $355.47, for a total value of $8,886,750.00. Following the transaction, the chief executive officer directly owned 526 shares of the company's stock, valued at $186,977.22. The trade was a 97.94% decrease in their position. The sale was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is available through the SEC website. Also, insider Paul Grewal sold 15,439 shares of the business's stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $310.80, for a total value of $4,798,441.20. Following the completion of the transaction, the insider directly owned 82,328 shares in the company, valued at $25,587,542.40. The trade was a 15.79% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 199,515 shares of company stock valued at $65,362,451 in the last three months. 17.65% of the stock is owned by corporate 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>See Also</h2><ul><li>Five stocks we like better than Coinbase Global</li><li>Stock Splits, Do They Really Impact Investors?</li><li>Salesforce’s Long-Awaited Inflection is Here: Rally On!</li><li>Roth IRA Calculator: Calculate Your Potential Returns</li><li>Rocket Lab USA Receives Wall Street Validation: Time to Buy?</li><li>Airline Stocks - Top Airline Stocks to Buy Now</li><li>Archer Buys Rival's Patent Treasure Trove in Strategic Move</li></ul><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 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>MGO One Seven LLC increased its stake in Coinbase Global, Inc. by 78.5% in Q2, acquiring 1,401 additional shares, bringing its total to 3,186 shares valued at $1,117,000. Other institutional investors also raised their stakes. Analysts have mixed ratings on Coinbase, with a consensus rating of "Moderate Buy" and an average price target of $367.94. Coinbase's stock is currently down 1.8%, trading at $330.25, with a market cap of $84.85 billion. The company reported a Q2 EPS of $0.12, missing estimates, with revenue of $1.50 billion.</p>

- MGO One Seven LLC increased its stake in Coinbase Global, Inc. by 78.5% in Q2, owning 3,186 shares valued at $1,117,000.  
- Other institutional investors, including Vanguard Group and ARK Investment Management, also raised their stakes, with 68.84% of the stock owned by institutions.  
- Coinbase reported a Q2 EPS of $0.12, missing estimates, with revenue of $1.50 billion, while analysts forecast a current fiscal year EPS of 7.22.

MGO One Seven LLC Purchases 1,401 Shares of Coinbase Global, Inc. $COIN