Coinbase Global (COIN) Insider III Sells 1,150 Shares

Frederick Ehrsam parted with shares of Coinbase Global, Inc. on June 16, 2026, amid a broader wave of insider transactions at the crypto platform.

Reviewed by automated data checks against the source filing. How we make and check alerts

Ehrsam Frederick Ernest III sold 1,150 shares of Coinbase Global, Inc. ($COIN) on June 16, 2026. The trade was reported to the SEC in a Form 4 filing.

Since the trade, $COIN is down 6.5% after 1 week, down 5.2% after 1 month and up 2.3% to date (from the $169.27 close on Jun 16, 2026).

Find the original: COIN Form 4 filings on SEC EDGAR

COIN Coinbase Global, Inc.
$173.16 -26.79% year to date
Daily close · Oct 16, 2026

Key Points

  • Frederick Ernest III Ehrsam sold 1,150 shares of Coinbase Global, Inc. (NasdaqGS: COIN) on June 16, 2026.
  • The stock trades below its 50-day moving average of $176.40 and its 200-day moving average of $182.86, hovering closer to its 52-week low of $139.11.
  • Wall Street tracks a consensus buy rating for the crypto exchange with an average target price of $212.15 ahead of the October 29, 2026 earnings release.

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Insider Buying and Selling at Coinbase Global, Inc.

Frederick Ernest III Ehrsam sold 1,150 shares of Coinbase Global, Inc. (NasdaqGS: COIN) on June 16, 2026. This transaction formed part of a cluster of executive and board level filings recorded on the same date at the prominent cryptocurrency platform. Other leaders also adjusted their holdings on June 16, 2026, including Kelly Kramer picking up 2,657 shares, Gokul Rajaram adding 1,234 shares, Christa Davies acquiring 1,167 shares, and Marc Andreessen disposing of 1,150 shares. These disclosures provide a window into executive positioning as the company moves through a volatile year in digital assets.

Stock Price Sits Below Key Moving Averages

Trading around the $163.26 mark, Coinbase shares change hands below both the 50-day moving average of $176.40 and the 200-day moving average of $182.86. The equity has traversed a wide range, hitting a 52-week low of $139.11 and reaching a high of $373.25. With a market capitalization near $48.5 billion, the company carries a forward P/E ratio of 61.1 based on future profit projections, while its revenue over the past year reached roughly $6.04 billion.

Recent Earnings and Financial Health

Coinbase reported an annual loss with earnings per share at negative $3.84 alongside a net margin of negative 16.3% and a return on equity of negative 7.8%. Revenue contracted by 17.3% over the period. Investors will get a fresh look at the firm's financial trajectory when management delivers its next quarterly earnings report on October 29, 2026.

Earnings drift grade

Outlook vs expectations on the last report — not price action.

F 21/100

Reported May 7, 2026

  1. Forward outlook

    7 target cuts vs 2 raises.

  2. EPS & revenue

    EPS missed estimates by 559.7%. Revenue missed estimates by 9.0%.

  3. Profit surprise

    EBITDA missed sharply. Operating income missed sharply.

  4. Pre-earnings setup

    Expectations were about average.

  5. Analyst signal

    2 target raises, 7 target cuts.

  6. Earnings quality

    Gross margin down 5.6 points. Operating margin down 33.7 points. Negative free cash flow.

Earnings Call Summary

Coinbase reported $1.4 billion in Q1 revenue, down 21 percent from Q4 due to a crypto market decline of over 20 percent. Despite tough conditions, the company reached an all-time high in crypto trading market share and posted its 12th straight quarter of native asset inflows. The Everything Exchange strategy is working, with derivatives generating $200 million annualized revenue and prediction markets hitting $100 million annualized revenue in just two months. Management emphasized strong fundamentals in stablecoins, with $19 billion in average USDC held and 10x growth in stablecoin transactions on the Base blockchain.

Guidance Coinbase expects subscription and services revenue between $565 million and $645 million in the next quarter, up from current levels. Operating expenses for Q2 are expected between $820 million and $870 million, down 4 to 9 percent from Q1. Full year adjusted expenses should come in between $4.3 billion and $4.6 billion, roughly $500 million lower than exit rates from late 2025.

Severe negative reset. The report materially damaged the forward outlook and likely forces major downward revisions.

Wall Street Analysts Update Targets and Ratings

Financial firms have adjusted their outlooks on the crypto exchange through October 2026. On October 13, 2026, Citigroup maintained a buy rating while lifting its price target to $230.00 from $210.00. Citizens kept a market outperform rating with a $280.00 target on October 9, 2026. On the same day, Morgan Stanley kept an equal-weight rating and set a $258.00 target. Barclays kept an underweight rating and raised its target to $149.00 on October 7, 2026. BTIG reiterated a buy rating with a $240.00 target on the same date. Piper Sandler maintained a neutral rating with a $170.00 target on October 2, 2026. Wells Fargo initiated coverage with an equal-weight rating and a $200.00 target on October 2, 2026. Baird maintained a neutral rating and raised its target to $205.00 on September 28, 2026. Overall, the stock holds a consensus buy recommendation from analysts with an average price target of $212.15.

Inside the Crypto Platform's Operations

Coinbase Global, Inc. operates a primary financial network for crypto assets in the United States and abroad. It serves retail customers with a main financial account, offers a deep liquidity pool for institutional brokers, and provides developer tools to build decentralized applications. Founded in 2012, the firm remains a central hub for digital currency transactions.

What to Watch Next for COIN

Market participants will monitor upcoming volume trends and any additional Form 4 filings from company insiders ahead of the late October earnings drop. The scheduled update on October 29, 2026, will give concrete data on trading volumes and platform revenue.

Source: Ehrsam Frederick Ernest III's Form 4 filing on $COIN (Jun 16, 2026). Find the original filing: COIN Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts

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