機構投資者紛紛進軍 Coinbase Global

Monolith Management Ltd. 於 2023 年最後一個季度收購了 Coinbase Global, Inc. (COIN) 的大量股份，總計 80,000 股，價值約 1,390 萬美元。這項投資佔 Monolith 投資組合的 7.3%，使 COIN 成為其第四大持股。其他幾家機構投資者最近也增加了 COIN 的部位，包括 TD Asset Management、Arete Wealth Advisors、Fifth Third Bancorp、Teacher Retirement System of Texas 和 Nwam LLC。

Institutional Investors Acquire Significant Stakes in Coinbase Global

New York, NY - March 15, 2023

機構投資者收購 Coinbase Global 大量股份紐約州紐約 - 2023 年 3 月 15 日

Monolith Management Ltd., a leading investment firm, has recently disclosed its acquisition of a substantial position in Coinbase Global, Inc. (NASDAQ: COIN). According to the company's latest Form 13F filing with the Securities and Exchange Commission (SEC), Monolith purchased 80,000 shares of the cryptocurrency exchange's stock, valued at approximately $13.9 million. This strategic investment constitutes approximately 7.3% of Monolith Management Ltd.'s investment portfolio, making Coinbase Global its fourth largest holding.

領先的投資公司 Monolith Management Ltd. 最近宣布收購 Coinbase Global, Inc.（納斯達克股票代碼：COIN）的重要股權。根據該公司向美國證券交易委員會 (SEC) 提交的最新 13F 表格，Monolith 購買了 80,000 股加密貨幣交易所股票，價值約 1,390 萬美元。這項策略性投資約佔 Monolith Management Ltd. 投資組合的 7.3%，使 Coinbase Global 成為其第四大持股。

Monolith's move follows a broader trend of institutional interest in Coinbase Global. Several other prominent investment firms have recently increased their stakes or initiated new positions in the company. TD Asset Management Inc. boosted its holdings by 8.0% during the third quarter, acquiring an additional 1,579 shares. Arete Wealth Advisors LLC raised its stake by 15.5%, purchasing 864 additional shares. Fifth Third Bancorp significantly increased its position by 957.5%, accumulating 11,030 additional shares. Teacher Retirement System of Texas expanded its portfolio by 4.3%, acquiring 539 additional shares. Finally, Nwam LLC increased its stake by 10.9%, purchasing 686 additional shares.

Monolith 的舉動遵循了代理商對 Coinbase Global 興趣的更廣泛趨勢。其他幾家知名投資公司最近也增持了該公司的股份或設立了新的職位。道明資產管理公司(TD Asset Management Inc.)第三季增持了8.0%，額外購買了1,579股。 Arete Wealth Advisors LLC 增持 15.5%，購買 864 股額外股份。 Fifth Third Bancorp 大幅增持 957.5%，增持 11,030 股。德州教師退休系統將其投資組合擴大了 4.3%，額外購買了 539 股股票。最後，Nwam LLC 增持了 10.9% 的股份，購買了 686 股額外股份。

Collectively, institutional investors and hedge funds now own approximately 68.84% of Coinbase Global's outstanding shares, reflecting the growing confidence in the company's long-term prospects.

機構投資者和對沖基金目前總共持有 Coinbase Global 已發行股票的約 68.84%，反映出人們對該公司長期前景的信心不斷增強。

Insider Activity and Analyst Outlook

內幕活動與分析師展望

In other Coinbase Global news, Director Frederick Ernest Ehrsam III sold 8,735 shares of the company's stock on February 26th, valued at $1,624,710. Following the sale, Ehrsam III retains ownership of 4,662 shares, valued at approximately $867,132. Insider Paul Grewal also sold a significant number of shares, disposing of 42,113 shares on February 26th for a total value of $8,015,788.42. Grewal's remaining stake in the company now stands at 66,122 shares, valued at approximately $12,585,661.48.

Coinbase Global 的其他消息中，董事 Frederick Ernest Ehrsam III 於 2 月 26 日出售了 8,735 股該公司股票，價值 1,624,710 美元。出售後，Ehrsam III 保留 4,662 股股票的所有權，價值約 867,132 美元。內部人士 Paul Grewal 也出售了大量股票，於 2 月 26 日出售了 42,113 股，總價值為 8,015,788.42 美元。 Grewal 持有的公司剩餘股份目前為 66,122 股，價值約 12,585,661.48 美元。

Meanwhile, analysts have provided mixed assessments of Coinbase Global's stock performance. Canaccord Genuity Group upgraded its price target from $240.00 to $280.00 and reiterated its "buy" rating. Needham & Company LLC lowered its target price from $275.00 to $260.00 but maintained a "buy" rating. JMP Securities reiterated its "market outperform" rating and set a price target of $320.00. Keefe, Bruyette & Woods raised its price objective from $230.00 to $240.00 and assigned a "market perform" rating. Finally, Sanford C. Bernstein lifted its target price from $80.00 to $200.00 and maintained a "market perform" rating.

同時，分析師對 Coinbase Global 的股票表現給出了不同的評估。 Canaccord Genuity Group 將目標價從 240.00 美元上調至 280.00 美元，並重申其「買入」評級。 Needham & Company LLC 將目標價從 275.00 美元下調至 260.00 美元，但維持「買入」評級。 JMP 證券重申其「跑贏大盤」評級，並將目標價定為 320.00 美元。 Keefe, Bruyette & Woods 將其目標價從 230.00 美元上調至 240.00 美元，並給予「市場表現」評級。最後，Sanford C. Bernstein 將目標價從 80.00 美元上調至 200.00 美元，並維持「市場表現」評級。

Based on data from MarketBeat.com, Coinbase Global currently has an average rating of "Hold" and a consensus price target of $200.63.

根據 MarketBeat.com 的數據，Coinbase Global 目前的平均評級為“持有”，一致目標價為 200.63 美元。

Company Performance and Future Prospects

公司業績及未來展望

Coinbase Global's recent financial results have been strong. The company posted quarterly earnings per share (EPS) of $1.04, exceeding analyst estimates by $1.13. Coinbase Global's net margin was 33.98%, and its return on equity was 9.42%. Revenue for the quarter reached $953.80 million, surpassing analyst expectations of $826.10 million.

Coinbase Global 最近的財務業績表現強勁。該公司公佈的季度每股盈餘 (EPS) 為 1.04 美元，超出分析師預期 1.13 美元。 Coinbase Global 的淨利潤率為 33.98%，股本回報率為 9.42%。該季度營收達到 9.538 億美元，超過分析師預期的 8.261 億美元。

Equities analysts forecast that Coinbase Global, Inc. will post EPS of 5.01 for the current year. The company's revenue is projected to grow by 51.6% year over year.

股票分析師預測 Coinbase Global, Inc. 今年的每股盈餘將為 5.01。公司營收預計年增51.6%。

Coinbase Global provides a critical platform for the burgeoning crypto economy. Its cryptocurrency exchange offers a primary financial account for consumers and a marketplace for institutions to transact in crypto assets. As the adoption of cryptocurrencies continues to expand, Coinbase Global is well-positioned to benefit from the growing demand for secure and accessible trading platforms.

Coinbase Global 為蓬勃發展的加密經濟提供了一個重要平台。其加密貨幣交易所為消費者提供了主要的金融帳戶，並為機構提供了加密資產交易的市場。隨著加密貨幣的採用不斷擴大，Coinbase Global 處於有利地位，可以從對安全和可訪問的交易平台不斷增長的需求中受益。

The recent influx of institutional investment in Coinbase Global, coupled with the company's strong financial performance and optimistic analyst outlook, suggests that it remains a compelling investment opportunity for both long-term and short-term investors.

最近機構投資大量湧入 Coinbase Global，加上該公司強勁的財務表現和樂觀的分析師前景，表明它對於長期和短期投資者來說仍然是一個引人注目的投資機會。