Gokul Rajaram Purchases Coinbase Global, Inc. Shares
Gokul Rajaram bought 2,480 shares of Coinbase Global, Inc. on June 16, 2026.
Key Points
- Gokul Rajaram acquired 2,480 shares of Coinbase Global, Inc. on June 16, 2026, as part of an unplanned transaction.
- Coinbase shares trade at approximately $164.92, with a market cap of $43.45 billion and a P/E ratio of 60.41.
- Benchmark reiterated a buy rating for Coinbase with a $270 price target on June 17, 2026.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
Gokul Rajaram, a notable insider at Coinbase Global, Inc. (NasdaqGS: COIN), acquired 2,480 shares of the company on June 16, 2026. This purchase was part of an unplanned transaction and reflects Rajaram's ongoing involvement with the company.
Insider Buying and Selling at Coinbase Global, Inc.
On June 16, 2026, Gokul Rajaram purchased 2,480 shares of Coinbase Global, Inc. This transaction was not part of a pre-arranged trading plan. Other insiders were active as well: Frederick Ernest Ehrsam III sold 1,150 shares, while Christa Davies sold 88 shares at an average price of $169.62. Meanwhile, Kelly Kramer and Marc Andreessen each bought 2,657 and 2,303 shares, respectively, on the same day.
Other Institutional Activity in Coinbase Global, Inc.
Institutional investors have been adjusting their positions in Coinbase Global, Inc. BlackRock, Inc. reduced its holdings by 333,071 shares, leaving it with 16,745,406 shares valued at approximately $2.92 billion. Vanguard Capital Management LLC increased its stake by 14,130,021 shares to a total of 14,130,021 shares worth about $2.47 billion. Similarly, Vanguard Portfolio Management LLC added 9,488,390 shares, bringing its total to 9,488,390 shares valued at $1.66 billion. State Street Corp trimmed its position by 121,629 shares, holding 9,360,220 shares worth $1.63 billion. Meanwhile, Geode Capital Management, LLC added 31,958 shares, ending with 6,130,020 shares valued at $1.07 billion.
Coinbase Global, Inc. Stock Down 8.6%
Shares of Coinbase Global, Inc. are trading near $164.92. The company has a market capitalization of $43.45 billion and a P/E ratio of 60.41. It operates with a beta of 3.32, indicating higher volatility compared to the market. The stock's 52-week range is between $139.36 and $444.65, with a 50-day moving average of $185.44 and a 200-day moving average of $238.82. Coinbase maintains a current ratio of 2.14 and a quick ratio of 1.18, with a debt-to-equity ratio of 59.08.
$COIN stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
Coinbase Global reported revenue of $6.29 billion, though revenue growth has declined by 30.8%. The company achieved a net margin of 12.74% and a return on equity of 6.69%. Earnings per share stand at $2.73. Coinbase is scheduled to release its next earnings report on July 30, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
-
Forward outlook
7 target cuts vs 2 raises.
-
EPS & revenue
EPS missed estimates by 559.7%. Revenue missed estimates by 9.0%.
-
Profit surprise
EBITDA missed sharply. Operating income missed sharply.
-
Pre-earnings setup
Expectations were about average.
-
Analyst signal
2 target raises, 7 target cuts.
-
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.
Analysts Set New Price Targets
On June 17, 2026, Benchmark reiterated its buy rating for Coinbase Global, Inc., setting a price target of $270. Other firms like Baird, B. Riley Securities, and Mizuho have maintained hold ratings with targets ranging from $142 to $203. HC Wainwright & Co. and JP Morgan both maintained buy ratings, setting targets at $310 and $283, respectively. The consensus recommendation remains a buy, with a mean target price of $229.74 based on 30 analyst opinions.
About Coinbase Global, Inc.
Coinbase Global, Inc. operates a platform for crypto assets in the U.S. and internationally. It offers a primary financial account for the crypto economy, a brokerage platform for liquidity across the crypto marketplace for institutions, and a suite of products for developers to build onchain. Founded in 2012, the company is headquartered in New York, New York, and is led by CEO Brian Armstrong. Coinbase employs approximately 4,951 people.
Bottom Line
Gokul Rajaram's recent purchase of Coinbase Global shares adds to the ongoing insider activity at the company. Investors closely follow such transactions to gauge insider sentiment. Coinbase's current stock performance and analyst ratings suggest varying views on its future prospects. As always, it's important to remember that insider transactions and 13F filings reflect past actions and may not indicate future moves.
Get Coinbase Global, Inc. alerts
New 13F filings, insider trades, and analyst moves on $COIN, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.