<div id="readability-page-1">Townsend Asset Management Corp NC ADV purchased a new stake in shares of Coinbase Global, Inc. (NASDAQ:COIN - Free Report) in the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 6,763 shares of the cryptocurrency exchange's stock, valued at approximately $2,282,000.<div>Get Coinbase Global alerts:</div><ul><li>Why Bitcoin ETFs Like IBIT May Be Set to Surge in 2026</li></ul>Several other hedge funds and other institutional investors also recently modified their holdings of the business. Evelyn Partners Investment Management Europe Ltd lifted its position in Coinbase Global by 92.3% during the second quarter. Evelyn Partners Investment Management Europe Ltd now owns 75 shares of the cryptocurrency exchange's stock valued at $29,000 after purchasing an additional 36 shares during the last quarter. Cullen Frost Bankers Inc. bought a new position in shares of Coinbase Global in the 2nd quarter worth $30,000. City State Bank purchased a new stake in shares of Coinbase Global during the 2nd quarter valued at $33,000. Financial Gravity Companies Inc. bought a new stake in shares of Coinbase Global during the 2nd quarter worth $34,000. Finally, Fourth Dimension Wealth LLC lifted its holdings in shares of Coinbase Global by 300.0% during the 2nd quarter. Fourth Dimension Wealth LLC now owns 100 shares of the cryptocurrency exchange's stock worth $35,000 after acquiring an additional 75 shares during the last quarter. Hedge funds and other institutional investors own 68.84% of the company's stock. <h2>Coinbase Global Stock Performance</h2>Shares of COIN stock opened at $236.90 on Friday. The company has a market capitalization of $63.88 billion, a P/E ratio of 20.49 and a beta of 3.69. Coinbase Global, Inc. has a fifty-two week low of $142.58 and a fifty-two week high of $444.64. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.40 and a current ratio of 2.40. The stock has a 50 day moving average price of $283.87 and a two-hundred day moving average price of $317.62. <ul><li>Snowflake Stock Is on Fire—It’s Still Not Too Late to Buy</li></ul>Coinbase Global (NASDAQ:COIN - Get Free Report) last issued its earnings results on Thursday, October 30th. The cryptocurrency exchange reported $1.44 EPS for the quarter, topping the consensus estimate of $1.04 by $0.40. Coinbase Global had a net margin of 41.99% and a return on equity of 15.70%. The company had revenue of $1.87 billion for the quarter, compared to the consensus estimate of $1.77 billion. During the same period in the previous year, the firm earned $0.28 earnings per share. The firm's revenue for the quarter was up 55.1% on a year-over-year basis. Analysts expect that Coinbase Global, Inc. will post 7.22 earnings per share for the current year. <h2>Analyst Ratings Changes</h2>A number of research firms have weighed in on COIN. The Goldman Sachs Group set a $294.00 price target on Coinbase Global and gave the company a &#34;neutral&#34; rating in a research report on Thursday, December 18th. Argus reiterated a &#34;hold&#34; rating on shares of Coinbase Global in a research report on Tuesday, November 25th. China Renaissance boosted their target price on Coinbase Global from $444.60 to $479.30 in a research report on Monday, November 3rd. BTIG Research reaffirmed a &#34;buy&#34; rating and issued a $420.00 target price on shares of Coinbase Global in a research note on Thursday, December 18th. Finally, Rothschild &amp; Co Redburn decreased their price target on shares of Coinbase Global from $417.00 to $404.00 and set a &#34;buy&#34; rating on the stock in a research note on Friday, November 28th. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, eleven have assigned a Hold rating and one has given 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 target price of $383.54.<ul><li>How Much Risk Is Too Much? Here Come 5X Leveraged ETFs</li></ul>Read Our Latest Research Report on Coinbase Global<h2>More Coinbase Global News</h2>Here are the key news stories impacting Coinbase Global this week:<ul> <li>Positive Sentiment: Analysts have an upbeat tilt: Coinbase received an average rating of &#34;Moderate Buy,&#34; which supports investor confidence and could underpin the stock if crypto volumes improve. Coinbase Global, Inc. NASDAQ: COIN Receives Average Rating of &#34;Moderate Buy&#34; from Analysts</li> <li>Positive Sentiment: Macro/strategy bullish case: a recent piece highlights tokenization and prediction markets as major long‑term growth drivers for Coinbase’s product expansion and fee pools — a narrative that can attract growth‑oriented investors. Predictions Markets and Tokenization are 2 Massive Growth Drivers for Coinbase Stock. Why It’s Time to Buy.</li> <li>Neutral Sentiment: Exchange comparison: an analysis comparing Coinbase to CME Group flags both firms pursuing exchange growth and new digital offerings. The piece is more strategic context than an immediate catalyst — useful for positioning but not a direct short‑term driver. Coinbase vs. CME Group: Which Exchange Platform is Faring Better?</li> <li>Neutral Sentiment: Market tone check: a sentiment/short‑interest roundup shows mixed positioning by investors — useful for gauging volatility risk but not a clear directional signal on its own. How Is The Market Feeling About Coinbase Global Inc?</li> <li>Negative Sentiment: Regulatory hit: the Philippines blocked Coinbase (and other platforms) in a broader crackdown — a direct regional access risk and reminder that regulatory actions can depress trading volumes and raise compliance costs. Philippines Blocks Coinbase, Gemini: 50 Platforms Hit in Major Regulatory Crackdown</li> <li>Negative Sentiment: Competitive pressure: Gemini has begun offering BNB trading/custody in the U.S., narrowing product gaps that Coinbase has on its listing roadmap — new rival listings can divert order flow and slow market‑share gains. Gemini Exchange Launches BNB Trading and Custody Services</li> <li>Negative Sentiment: Insider selling: Coinbase’s CEO disclosed a roughly $10.0M sale of company stock — an event investors often view as a short‑term negative signal even if motivated by personal liquidity needs. Coinbase Global NASDAQ: COIN CEO Sells $10,006,000.00 in Stock</li> </ul><h2>Insider Buying and Selling at Coinbase Global</h2>In related news, Director Frederick Ernest Ehrsam III sold 277,074 shares of the firm's stock in a transaction dated Thursday, November 6th. The stock was sold at an average price of $309.92, for a total value of $85,870,774.08. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Brian Armstrong sold 40,000 shares of the company's stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $271.87, for a total value of $10,874,800.00. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 833,179 shares of company stock worth $250,839,195. 16.56% of the stock is currently owned by company insiders. <h2>Coinbase Global Profile</h2> (Free Report)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.<h2>Featured Stories</h2><ul><li>Five stocks we like better than Coinbase Global</li><li>Do not delete, read immediately</li><li>INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off</li><li>Can Any Expenses Be Deducted From Capital Gains Tax?</li><li>Do you know what Amazon is planning for January 1?</li><li>Buffett, Gates and Bezos Quietly Dumping Stocks—Here's Why</li></ul><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"/>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.<h2>Should You Invest $1,000 in Coinbase Global Right Now?</h2>Before you consider Coinbase Global, you'll want to hear this.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.While Coinbase Global currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here </div>

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Townsend Asset Management Corp NC ADV acquired 6,763 shares of Coinbase Global, valued at $2,282,000. Analysts have given Coinbase a "Moderate Buy" rating, with a consensus target price of $383.54. Coinbase reported $1.44 EPS for the quarter, surpassing estimates, with revenue up 55.1% year-over-year. Institutional investors own 68.84% of Coinbase's stock. The stock opened at $236.90, with a market cap of $63.88 billion.

- Townsend Asset Management Corp NC ADV acquired 6,763 shares of Coinbase Global, Inc. valued at approximately $2.28 million, reflecting increased institutional interest in the cryptocurrency exchange.  
- Coinbase's stock performance indicates a market cap of $63.88 billion and a recent earnings report that exceeded expectations with revenues of $1.87 billion, marking a year-over-year increase of 55.1%.  
- Analysts generally rate Coinbase with a "Moderate Buy," yet external factors such as regulatory pressures and competitive dynamics from rivals like Gemini may affect its market position.

Townsend Asset Management Corp NC ADV Purchases Shares of 6,763 Coinbase Global, Inc. $COIN