Everence Capital Management Inc. purchased a new position in shares of Coinbase Global, Inc. (NASDAQ: COIN - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission.
Coinbase Global, Inc. (NASDAQ:COIN) shares are being sold by several large investors, according to the latest SEC filings. Banco Santander S.A. (NYSE:SAN) decreased its holdings in Coinbase Global by 10.8%, according to the latest SEC filing. Banco Santander S.A. now owns 132,169 shares of the cryptocurrency exchange's stock. Global Retirement Partners LLC sold shares of Coinbase Global in the 3rd quarter, according to the latest SEC filing. Global Retirement Partners LLC now owns 1,140 shares of the cryptocurrency exchange's stock after selling 1,540 shares during the period. Lindbrook Capital LLC decreased its holdings in shares of Coinbase Global by 41.3% during the third quarter, according to the latest SEC filing. Lindbrook Capital LLC now owns 17,649 shares of the cryptocurrency exchange's stock after selling 12,363 shares during the last quarter. Point72 Asset Management, L.P. sold shares of Coinbase Global in the third quarter, according to the latest SEC filing. Point72 Asset Management, L.P. now owns 100,063 shares of the cryptocurrency exchange's stock after selling 15,000 shares during the last quarter. Finally, Renaissance Technologies LLC sold shares of Coinbase Global in the third quarter, according to the latest SEC filing. Renaissance Technologies LLC now owns 176,601 shares of the cryptocurrency exchange's stock after selling 10,000 shares during the last quarter. Insiders Place Their Bets
In related news, COO Emilie Choi sold 1,500 shares of the company's stock in a transaction dated Monday, October 14th. The shares were sold at an average price of $181.36, for a total value of $272,040.00. Following the completion of the sale, the chief operating officer now owns 176,601 shares of the company's stock, valued at approximately $32,028,357.36. This represents a 0.84 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Paul Grewal sold 10,000 shares of Coinbase Global stock in a transaction dated Friday, October 25th. The stock was sold at an average price of $209.98, for a total transaction of $2,099,800.00. Following the transaction, the insider now directly owns 74,956 shares in the company, valued at $15,739,260.88. This trade represents a 11.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 270,641 shares of company stock valued at $80,937,273 in the last three months. 23.43% of the stock is currently owned by insiders.
Coinbase Global Stock Performance
COIN opened at $270.65 on Friday. Coinbase Global, Inc. has a twelve month low of $114.51 and a twelve month high of $349.75. The firm has a market capitalization of $67.76 billion, a PE ratio of 46.19 and a beta of 3.57. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.48. The firm's 50-day moving average price is $280.83 and its 200 day moving average price is $228.26.
Coinbase Global (NASDAQ:COIN - Get Free Report) last posted its quarterly earnings results on Wednesday, October 30th. The cryptocurrency exchange reported $0.28 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.41 by ($0.13). Coinbase Global had a net margin of 29.76% and a return on equity of 14.81%. The company had revenue of $1.21 billion during the quarter, compared to analysts' expectations of $1.26 billion. During the same quarter last year, the company earned ($0.01) earnings per share. Coinbase Global's revenue for the quarter was up 78.8% on a year-over-year basis. As a group, sell-side analysts expect that Coinbase Global
